2044 Gates Avenue, Ridgewood, NY 11385

7 Photos
Front Bldg
$985,000 List Price
Off Market
 
Listing ID 11289728
Property Type Multi-Unit (5+)
County Queens
Township Queens
Neighborhood Ridgewood
Total Tax $18,950
FEMA Flood Map fema.gov/portal
   
Virtual Tour

6 Fam Brick / Heart of Ridgewood (Can buy 6 fam next door too)

Property Details
  • 6 Full Baths
  • 5600 SF
  • 3 Stories
  • Available 6/17/2024
  • Full Basement
  • Lower Level: Unfinished
  • Renovation: NOTE: BUILDING IS 27.5 X 68
Interior Features
  • 1 Heat/AC Zones
  • Natural Gas Avail
Exterior Features
  • Masonry - Brick Construction
  • Brick Siding
  • Flat Roof
  • Near Bus
  • Near Train
Community Details
  • Walk-up (Bldg. Style)
Commercial Info
  • 6% Cap. Rate
Income/Expenses
  • Gross Income $96,780
  • Net Income $61,830
  • Insurance Exp $5,500
  • Heat Exp $5,000
  • Electric Exp $1,000
  • Water Exp $5,000
  • Misc Exp $18,950
  • Total Exp $34,950
  • Paid by Landlord: Heat, Water
Taxes and Fees
  • $18,950 City Tax
  • $18,950 Total Tax
  • Tax Year 2024
Previously Listed By
TIP TOP REALTY MANAGEMENT CORP
Office: 718-541-1077
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