1714 Gates Avenue, Queens, NY 11385

$1,199,000 3F - 11385
18 Beds
6 Baths
214.11Price per SqFt
5600Building Sqft
2742Lot Sqft
Residential Income
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Angela Roseo

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About 1714 Gates, Queens

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.

Facts & Features

Subtype 3F
County Queens
Lot Size Sqft 2742
Basement Type Full
Tax Abated No
List Price per Sqft $214.11
Bedrooms 18
Total Bathrooms 6
Zoning R6-B
Electric 110
Heating System Steam
Air Conditioner None
Area Off Island
Condition Excellent
Lot Dim 27x68
Taxes 19026
Year Built 1930
Building Sqft 5600
Full Baths 6
Siding Brick
Sewer City
Heating Source Natural Gas
# of Heating Units 1