Price Reduced Listing
$1,050,000
( $187.17Per Sq Foot )
 $5,637 est/mo Sourced by Back At You

1678 Gates Avenue,Ridgewood, NY 11385

Ridgewood, NY 11385

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Description

Excellent investment opportunity in the heart of Ridgewood! This well maintained six family residential building offers strong income protentional with approximately $110.000 in gross annual income. The property is ideally located in a vibrant Queens neighborhood, close to the M train and major roads make this an attractive location for both resident and investors. A great opportunity in one of Queens established and desirable neighborhoods.

Details

MLS #1046065
Listing TypeFor Sale
StyleMulti-Family
Sub-TypeResale
StatusActive
Year1930
Days On Site11
Listing Provided ByDom Realty of NY Inc | Rafael Normatov

Features

SQ Feet5,610
BasementY
Units6
ZoningR6B
Acreage0.06

Interior

CoolingElectric, Multi Units, Separate Meters
HeatingHot Water

Exterior

Construction MaterialsBrick

Parking

Parking FeaturesNone

Utilities

UtilitiesCable Available, Cable Connected, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Phone Available, Phone Connected, Propane, Sewer Available, Sewer Connected, Trash Collection Private, Trash Collection Public, Underground Utilities, Water Available, Water Connected
SewerPublic Sewer

Taxes

Tax Year2025
Tax Assessed Value374850
Tax Annual Amount19457.24

Area Information

StateNY
CountyQueens
CityRidgewood
Zip Code11385
Listing VS Median (in 11385)
Price:
$1,050,000
low | high
Med:
$1,100,000
45.238095238095% of Average
sqft:
5,610
low | high
Med:
3,021
96.149732620321% of Average
$ / sqft:
$187
low | high
Med:
$367
46.216525997708% of Average
On site:
11
low | high
Med:
418
2.631578947368% of Average
Sourced by Back At You

Market Activity 11385

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Learn More About This Property

Newburgh Office

Newburgh Office

 (845) 565-2800info@johnjleaserealtors.com
StateNY
CountyQueens
CityRidgewood
Zip Code11385
Listing VS Median (in 11385)
Price:
$1,050,000
low | high
Med:
$1,100,000
45.238095238095% of Average
sqft:
5,610
low | high
Med:
3,021
96.149732620321% of Average
$ / sqft:
$187
low | high
Med:
$367
46.216525997708% of Average
On site:
11
low | high
Med:
418
2.631578947368% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $787K - $1.312M
sqft: 4,000 - 7,000
Nearby Listings Property ImageNearby Listings Details
1701 Palmetto Street Property Photo 1
$120,000
1701 Palmetto Street
Ridgewood, NY 11385
Listing Updated: September 10, 2026 at 1:11:03 PM PDT
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