Andrea Mahoney - Smitchger Realty Logo
$1,049,000
( $187.32Per Sq Foot )
 $5,631 est/mo Sourced by Back At You

2052 Gates Avenue,Ridgewood, NY 11385

Ridgewood, NY 11385

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Description

Welcome to spacious 6-family, rent-stabilized building at 2052 Gates Ave, perfectly positioned in the heart of vibrant Ridgewood. Located on a tree-lined block surrounded by neighborhood shops, caffes, and restaurants, this property offers the best of Queens living with excellent transportation options. The M and L trains are both nearby, providing quick, convenient access to Manhattan and the rest of the city.The building features:* Six railroad-style units* Two vacant apartments, ideal for an owner-occupant* Four occupied units generating steady rental income* Great opportunity to live in one unit and let the others pay your mortgageWith two vacancies, this is an excellent chance for an owner-user to secure a home in Ridgewood while benefiting from reliable cash flow from the remaining rent-stabilized units. Whether you're an end-user or investor, 2052 Gates Ave combines location, stability, and upside in one compelling package.

Details

MLS #937353
Listing TypeFor Sale
StyleMulti-Family
Sub-TypeResale
StatusActive
Year1930
Days On Site356
Listing Provided ByTrademarko Realty Inc | Marek Sobolewski

Features

SQ Feet5,600
BasementY
Units6
Acreage0.06

Interior

CoolingWall/Window Unit(s)
HeatingNatural Gas

Exterior

Construction MaterialsBrick

Parking

Parking FeaturesNone

Utilities

UtilitiesElectricity Connected, Natural Gas Connected, Sewer Connected, Trash Collection Public, Water Connected
SewerPublic Sewer

Taxes

Tax Year2024
Tax Assessed Value349650
Tax Annual Amount19032.2

Area Information

StateNY
CountyQueens
CityRidgewood
Zip Code11385
Listing VS Median (in 11385)
Price:
$1,049,000
low | high
Med:
$1,149,888
40.382459485224% of Average
sqft:
5,600
low | high
Med:
2,400
100% of Average
$ / sqft:
$187
low | high
Med:
$479
100% of Average
On site:
356
low | high
Med:
973.5
36.569080636877% of Average
Sourced by Back At You

Market Activity 11385

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Additional Information

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Learn More About This Property

Andrea Mahoney

Andrea Mahoney

Smitchger Realty

 (845) 554-4792andreamahoney920@gmail.com
StateNY
CountyQueens
CityRidgewood
Zip Code11385
Listing VS Median (in 11385)
Price:
$1,049,000
low | high
Med:
$1,149,888
40.382459485224% of Average
sqft:
5,600
low | high
Med:
2,400
100% of Average
$ / sqft:
$187
low | high
Med:
$479
100% of Average
On site:
356
low | high
Med:
973.5
36.569080636877% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $786K - $1.311M
sqft: 4,000 - 7,000
Nearby Listings Property ImageNearby Listings Details
2009 Palmetto Street Property Photo 1
$799,000
2009 Palmetto Street
Ridgewood, NY 11385
Listing Updated: September 28, 2026 at 9:50:51 PM PDT

Andrea Mahoney - Smitchger Realty