VACANT SIX FAMILY BUILDING

For Sale - 2043 Gates Avenue- Queens - Ridgewood

$1,995,000

Net Operating Income: Contact Agent

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Key Details

Property Type
MultiFamily
Neighborhood
Ridgewood
Property Dimensions
27.5 x 68.0
Property Area
5,600 sq.ft.
Total Units:
6
Stories:
3
NOI
Contact Agent
Price
$1,995,000
Price Per Unit
$332,500
Cap Rate
-%

Listing Description

This vacant brick building in prime Ridgewood consists of two duplexes on the ground floor and two units on each of the upper floors for a total of six units. The ground floor units are duplexes with garden access and with two bedrooms and two full bathrooms, and the units on the upper floors have two bedrooms and two full bathrooms as well. All the units have plans for an open concept kitchen and living space. This property will need a full building renovation and comes with fully approved DOB renovation plans. There is a basement with plans for a laundry room as well as bike storage.

Property Details

Block/Lot:
3485/55
Lot Dimensions
27.42 x 100.0
Lot Area
2,742 sq.ft
Zoning:
R6B
FAR as Built:
2.04
Max FAR:
2.0
Daniel BarcelowskyEvergreen Realty & Investments
Contact Agent View Setup

Sales & Transactions

AddressSale PriceSale DateProperty Type
1708 PALMETTO STREET$1,050,00007/23/2018MultiFamily
1896 DEKALB AVENUE$1,025,00007/03/2018MultiFamily
1729 MENAHAN STREET$1,450,00006/27/2018MultiFamily
1923 CORNELIA STREET$1,700,00006/26/2018MultiFamily
1626 CORNELIA STREET$1,400,00006/19/2018MultiFamily
18-23 STEPHEN STREET$1,375,00006/19/2018MultiFamily
20-28 MENAHAN STREET$995,00006/04/2018MultiFamily
53-48 METROPOLITAN AVE$1,130,00005/30/2018MultiFamily
508 ONDERDONK AVENUE$600,00005/24/2018MultiFamily
18-18 HARMAN ST$1,765,00005/24/2018MultiFamily