1726 Gates Avenue
Queens, NY 11385

Cross street:Cypress Avenue

Building

Type:Townhouse
Era:Post-war
Floors:3

Property

Ownership: Multi-Family
Rooms: 12
Bedrooms: Studio
Pets: Pets Unknown

Financials

Price: $1,250,000
47-44 Vernon Blvd, Long Island City, NY 11101
Courtesy of Compass

Description

3/16 12:00-1:00 PM Open House By Appointment Only! Welcome to 1726 Gates Ave, this income generating opportunity features dual rental units in a highly sought-after neighborhood on the Ridgewood-Bushwick border. Property Highlights: - Two-family Townhouse - Brand new boiler - Roof is just 18 months old - Two private outdoor spaces - Finished basement - Desirable Location This spacious two-family townhouse offers 3,150 sqft of versatile living space. The main duplex unit is a true gem, featuring five well-appointed bedrooms, two and a half bathrooms, a fully equipped kitchen with ample space for a dining table, and a comfortable living room. In addition, this unit presents an exquisite private deck and a charming back patio, perfect for outdoor enjoyment. The second-floor unit offers two cozy bedrooms, a pristine full bathroom, a well-appointed kitchen with room for dining, a welcoming living room, a convenient hall closet, and a private terrace, providing a delightful retreat for its residents Positioned just 3 blocks from the L train on Myrtle & Wyckoff and a mere block from the M train on Seneca Ave, this property enjoys a strategically advantageous location with convenient access to public transportation. It offers the best of both Brooklyn and Queens living, adjacent to Bushwick and only minutes from the vibrant streets of Williamsburg. This is a highly desirable location for both residents and investors. Take advantage of the income-generating potential of this property with two separate units: Duplex Unit: 5 BD/2.5 BA - current monthly rent of $4,500 2nd Floor Unit: 2 BD/1 BA - current monthly rent of $2,500 (projected rent $3,000) Don't let this remarkable opportunity pass you by. Secure your foothold in this flourishing neighborhood today. *Please note that the interior square footage includes the basement level.

Amenities

  • Balcony
  • Terrace
  • Walk-up

Neighborhood

More listings:

3 16 12 00 1 00 PM Open House By Appointment Only !


All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.