20-50 Gates Avenue, Ridgewood, NY, 11385
$1,300,000
Multi Family
Commercial
18 Beds
, 6 Full Bath
, 5600 SqFt
Details
ML#: 3591606
- # of Families: 6
- Sale or Rent:Sale
- Year Built: 1909
- Taxes: $17,297
- Status:Active
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!, Additional information: Appearance:Good, Building Size:27.5’ x 68’
More Property Details
Bedroom: 18
Full Bath: 6
Other: 6
Lot Sq Ft: 2742
Approx. Int. Sq. Ft.: 5600.00
Parking Facilities: None
Heat: Natural Gas, Hot Water, Steam
A/C: None
Water: Public
Sewer: Public Sewer
Taxes: $17,297
School District: Ps 71 Forest
Block: 3486
Lot: 24
Listing Information provided courtesy of
Keller Williams Realty Empire
718-954-8400