1714 Gates AVE Active

Flushing,NY 11385

$ 1199000

18 Beds

6 Baths

5600 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,600 sqft

Price per Sqft $214

MLS Listing ID 490365

Bedrooms 18

Full Baths 6

Year Built 1930

Annual Tax Amount $19,026

Property Sub-Type Multi-Family

Property Description

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.

Location

State NY

County Queens

Area Ridgewood

Rooms

Basement Finished,Full

Interior

Hot Water Gas

Heating Gas

Flooring Other

Heat Source Gas

Exterior

Exterior Feature Brick

Amenities Available NONE

Roof Type Flat

Handicap Access Unknown

Building

Story 3

Foundation Other

Others

Energy Description Gas

Financing 1031 Exchange,Bank Mortgage,Cash

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