New York, NY 11385

Property

Ownership: For Sale
Type: Multi-Family
Bedrooms: Studio
Lot Size: 0.1 Acres

Financials

Price:$1,049,000
Annual Taxes:$19,032.20
47-44 Vernon Blvd, Long Island City, NY 11101
Listing Courtesy of Trademarko Realty Inc

Welcome to spacious 6 family, rent stabilized building at 2052 Gates Ave, perfectly positioned in the heart of vibrant Ridgewood.

View of building exterior with a fenced front yard and cooling unit

View of building exterior with a fenced front yard and cooling unit

View of building exterior with a fenced front yard and cooling unit
View of building exterior with a fenced front yard and cooling unit
View of property featuring a fenced front yard and cooling unit
View of property featuring a fenced front yard and cooling unit
View of exterior entry featuring stone siding, french doors, and brick siding
View of exterior entry featuring stone siding, french doors, and brick siding
Stairs featuring a wainscoted wall, wallpapered walls, carpet, and wooden walls
Stairs featuring a wainscoted wall, wallpapered walls, carpet, and wooden walls
Stairs featuring a wainscoted wall, wallpapered walls, carpet, and wood walls
Stairs featuring a wainscoted wall, wallpapered walls, carpet, and wood walls
Corridor featuring wallpapered walls, radiator heating unit, wainscoting, and carpet floors
Corridor featuring wallpapered walls, radiator heating unit, wainscoting, and carpet floors
Stairway featuring wainscoting
Stairway featuring wainscoting
Stairway with carpet flooring and wainscoting
Stairway with carpet flooring and wainscoting
Spare room featuring light wood-type flooring, radiator, and an ornate ceiling
Spare room featuring light wood-type flooring, radiator, and an ornate ceiling
Unfurnished bedroom with a closet and wood finished floors
Unfurnished bedroom with a closet and wood finished floors
Empty room featuring plenty of natural light, radiator heating unit, wood finished floors, and ceiling fan
Empty room featuring plenty of natural light, radiator heating unit, wood finished floors, and ceiling fan
Empty room featuring radiator and wood finished floors
Empty room featuring radiator and wood finished floors
Unfurnished bedroom with wood finished floors and a closet
Unfurnished bedroom with wood finished floors and a closet
Kitchen featuring white appliances, radiator, light countertops, brown cabinetry, and an ornate ceiling
Kitchen featuring white appliances, radiator, light countertops, brown cabinetry, and an ornate ceiling
Bathroom with tile patterned floors, tub / shower combination, and tile walls
Bathroom with tile patterned floors, tub / shower combination, and tile walls
View of balcony
View of balcony
View of property
View of property
Utility room with gas water heater
Utility room with gas water heater
View of building exterior with a fenced front yard and cooling unitView of building exterior with a fenced front yard and cooling unitView of property featuring a fenced front yard and cooling unitView of property featuring a fenced front yard and cooling unitView of exterior entry featuring stone siding, french doors, and brick sidingView of exterior entry featuring stone siding, french doors, and brick sidingStairs featuring a wainscoted wall, wallpapered walls, carpet, and wooden wallsStairs featuring a wainscoted wall, wallpapered walls, carpet, and wooden walls

Description

Welcome to spacious 6-family, rent-stabilized building at 2052 Gates Ave, perfectly positioned in the heart of vibrant Ridgewood. Located on a tree-lined block surrounded by neighborhood shops, caffes, and restaurants, this property offers the best of Queens living with excellent transportation options. The M and L trains are both nearby, providing quick, convenient access to Manhattan and the rest of the city. The building features: * Six railroad-style units * Two vacant apartments, ideal for an owner-occupant * Four occupied units generating steady rental income * Great opportunity to live in one unit and let the others pay your mortgage With two vacancies, this is an excellent chance for an owner-user to secure a home in Ridgewood while benefiting from reliable cash flow from the remaining rent-stabilized units. Whether you’re an end-user or investor, 2052 Gates Ave combines location, stability, and upside in one compelling package.

Amenities

  • Electricity Connected
  • Natural Gas Connected
  • Sewer Connected
  • Trash Collection Public
  • Water Connected

Long Island MLS

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.