20-50 Gates Avenue

Ridgewood, NY 11385
$1,300,000
18 beds | 6 baths | 0.06 acres | #3591606

Description

Welcome to Ridgewood, one of the most desirable neighborhoods in all of New York City! This meticulously maintained 6 Family building offers a great opportunity for an investor looking for strong cash flow. The approximate annual Net Operating Income = $91,624.88! Close to all shops, cafes, restaurants and night life, the major bus lines can be found around the corner and the Forest Ave subway is only 2 blocks away. The property has been upgraded nicely and this fantastic building enjoys a fairly new roof and hot water tanks, updated kitchens and baths, this is a near turn key investment with so much to offer!

  • Interior Details
    • Heating & Cooling
      • Heating:Natural Gas, Hot Water, Steam
    • Beds & Baths
      • Bedrooms:18
      • Bathrooms:6
      • Full Baths:6
  • Property Details
    • Property
      • Lot description:Near Public Transit
    • Measurements
      • Acres:0.06
  • Construction Details
    • Type & Style
      • Property type:Purchase
      • Basement:1
    • Condition
      • Year built:1909
  • Utilities / Energy Details
    • Utility
      • Sewer information:Public Sewer
      • Utility source:Public
  • Community and Neighborhood Details
    • Community
      • Community features:Near Public Transportation
    • Location
      • School district:Queens 24
      • Elementary School:Ps 71 Forest
      • Middle School:Is 93 Ridgewood
      • High School:Maspeth High School
      • County:Queens
  • Financial Details
    • Pricing Details
      • Original List Price:$1, 300, 000
      • Taxes annual:$17, 297
  • Other
    • Source
      • MLS #:3591606

Location

Keller Williams LandmarkAsk Vinny Thompson team
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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