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


Property

Website:https://www.nestseekers.com/5132011
Address:
New York, NY 11385
Ownership: For Sale
Type: Multi-Family
Bedrooms: Studio
Lot Size: 0.1 Acres

Financials

Price:$1,049,000
Annual Taxes:$19,032.20

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

Contact

47-44 Vernon Blvd, Long Island City, NY 11101
Listing Courtesy of Trademarko Realty Inc