Price Reduced 5.76%


Price History

$1,199,000
6/3/2025

$1,129,900
6/19/2025


2056 Gates Avenue, Ridgewood, NY, 11385

2056 Gates Avenue, Ridgewood, NY, 11385

1930

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.


Status:

Active

Type:

Commercial

Units:

6

Heating:

Natural Gas

Cooling:

Multi Units

Basement:

See Remarks

Levels:

3

Acreage:

0.06

Est. Taxes:

$19,643

Assessment

$495,450

Construction

Brick

Utilities

Electricity Connected, Natural Gas Connected

Elementary School:

Ps 71 Forest

Middle School:

Is 93 Ridgewood

High School:

Grover Cleveland High School

School District:

Queens24

Days on Market:

16

MLS #:

872452


Community Info

School Info

Walk Score

Mass Transit

Yelp


Listing courtesy of Exit All Seasons Realty 718-345-4545