2056 Gates Avenue, Ridgewood, NY

$1,129,900

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5,600

Square feet

0.06

Acres

About 2056 Gates Avenue

Is Smart Money Investing In One Of The Strongest Rent Growth In The Country? Year After Year RIDGEWOOD Makes The List Of NYC TOP NEIGHBERHOOD And It Is Known For Its Historic Charm, Vibrant Streets & Increasing Popularity. Please Do Not Overlook 2056 Gates Ave Because This RENT STABILIZED 6 FAMILY BRICK PROPERTY Is In The Middle Of It All! Considering It Is Situated In A LANDMARKED Section Of RIDGEWOOD, Close To Public Transportation, Restaurants & Coffee Shops It Appears To Be Seriously UNDERAPPRECIATED. Current Yearly Gross Income Is Just Above $100,000 And Around $70,000 Net But The Upside Potential Is Substantial.

Features of 2056 Gates Avenue

MLS® # 872452
Price $1,129,900
Bathrooms 0.00
Internal Footage 5,600
Square Footage 2742
Acres 0.06
Year Built 1930
Type Commercial Sale
Sub-Type Multi Family
Status Active

Community Information

Address 2056 Gates Avenue
City Ridgewood
County Queens
State NY
Zip Code 11385

Amenities

Utilities Electricity Connected, Natural Gas Connected
Is Waterfront No
Has Pool No

Interior

Heating Natural Gas
Cooling Multi Units
Fireplace No
# of Stories 3
Has Basement Yes
Basement See Remarks

Exterior

Construction Brick

School Information

District Queens24
Elementary Ps 71 Forest
Middle Is 93 Ridgewood
High Grover Cleveland High School

Additional Information

Date Listed June 2nd, 2025
Days on Market 134
Short Sale No
RE / Bank Owned No

Listing Details

Listing Provided Courtesy ofExit All Seasons Realty
Contact Info718-345-4545

Listing Map

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