1714 Gates AVE new

Queens,NY 11385

$ 1199000

18 Beds

6 Baths

5600 SqFt


Key Details

Property Type Multi-Family

Sub Type 3F

Listing Status Active

Purchase Type For Sale

Square Footage 5,600 sqft

Price per Sqft $214

MLS Listing ID 2501661

Bedrooms 18

Full Baths 6

Originating Board Staten Island Multiple Listing Service

Year Built 1930

Annual Tax Amount $19,026

Lot Size 2,742 Sqft

Acres 0.06

Lot Dimensions 27x68

Property Sub-Type 3F

Property Description

Great opportunity for users and investors to own this all-brick legal six-unit property in this prime neighborhood, Ridgewood. It's very well maintained, 3 floors, and each floor consists of 2 units, plus a fully finished basement and private rear yard space. Each apartment has 3 bedrooms, a combination of living room and dining room, a kitchen, and 1 full bathroom. All six units are rent stabilized. Gross income: 97,968, expense: 34,586, NOI: 63,382. Tenants pay for their cooking gas and electricity. Roof is 4 years old. Conveniently located near shops, schools, parks, and public transportation: bus B13, Q58, and subway L and M trains to Manhattan.

Location

State NY

County Queens

Area Off Island

Zoning R6-B

Interior

Heating Steam,Natural Gas

Exterior

Parking Features On Street

Building

Sewer City

Structure Type Brick

New Construction No

Others

Tax ID 03453-0015

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