$2,999,999
●
House -
In Contract
17-01 Gates Avenue
Flushing, NY 11385
Studio
0 Bath
$14,731
Estimated Monthly
$0
HOA / Fees
About This Property
In a 'Renters Haven' off the corner of Gates Avenue, we have a Once
In A Long Time Opportunity for Easy Investment Income IN A 78 FOOT
LONG BUILDING! This is a 5 FAMILY BUILDING...NOT Rent
Controlled/NOT Rent Stabilized. FREE MARKET, WITH STOREFRONT (All
Renters are Working Professionals.). About 1,950 SQFT per floor
(Building Size is 25X78). 78 FEET LONG - Location, Location,
Location... a 5 Minute Walking Distance to the M/L Subway, Multiple
Buses, and Anything a Renter Desires. - Surrounded by eateries and
nighttime entertainment! - and ONLY a 5 Minute Walk to the Subway
(M/L Line) Built-in 1930, 17-01 Gates Avenue is a MASSIVE 15
Bedroom/ 6 Bathroom Mixed Use MultiFamily Located in the Heart of
Ridgewood...Only a skip away from Bushwick. This 5 Family Home is
R6B Zoning (FAR: 2), which allows the potential for 1 more floor
for EVEN MORE Rental Revenue. Ridgewood is a Desirable place to
call home for many of your potential renters because of the
convenience to the City, the Parks, and the Shops and Eateries that
run along almost all of its busy streets as well as the wave of an
art scene that has been moving in. In a neighborhood where everyone
walks or rides a bike, Ridgewood is a Renters Favorite Pick...did I
mention that there is a 1 Car Garage for that Buyer who wants to
call one of these apartments Home!!! Building Layout: First Floor:
(1) 3 Bedroom BOXED unit with Lots of Natural Sunlight & (1)
Storefront Floor Two: (2) 3-Bedroom BOXED Units with Eat-in
Kitchens Floor Three: (2) 3-Bedroom BOXED Units with Eat-in
Kitchens ROOF IS A WALK-OUT AND IS IN EXCELLENT CONDITION! 1 CAR
GARAGE! Other Fantastic Details that make this your next purchase :
Lot: 25 ? 100 Building: 25 ? 78 Building Class: 5-6 Families NOT
RENT-CONTROLLED/ NOT RENT STABILIZED LOCATED IN A RENTERS' HAVEN
Tall Ceilings Taxes: $20,120 Total Annual Rental Income: $147,336
COMES WITH ONE CAR GARAGE! GREAT FOR AN END USER AS WELL AS
INVESTOR.
Unit Size
-
Days on Market
-
Land Size
0.06 acres
Price per sqft
-
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1930
Listed By
Last updated: 26 days ago (OneKey MLS #ONE3470616)
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Jul 7, 2023 | In contract | - | |
In contract | |||
Apr 12, 2023 | Listed by New York Realty Minimax Inc | $2,999,999 | |
Listed by New York Realty Minimax Inc |
Property Highlights
Exterior Details
Property Information
Square Footage : 7800
Property Type: Business Opportunity
Property Sub Type: Mixed Use
Building Information
Building Area Units: Square Feet
Lot Information
Lot Size Acres: 0.06
Lot Size Square Feet: 2500
Lot Size Dimensions: 25x100
Location Details
Directions: WAZE
County or Parish: Queens
Other Details
On Market Date: 2023-04-12
Building Info
Overview
Building
Neighborhood
Zoning
Geography
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Other
Loft
4
Baths
-
$2,500,000
Oct 7, 2021
$2,500,000
Apr 6, 2022
-
Sold
Commercial
Loft
-
-
$2,835,000
Jan 10, 2020
$2,835,000
Nov 13, 2020
$1,224/mo
Sold
Commercial
Loft
-
-
$2,500,000
Mar 17, 2022
$2,500,000
Aug 19, 2022
$1,289/mo