2042 Gates Avenue Ridgewood, NY ^$ 980,000

2042 Gates Avenue

^$ 980,000

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2042 Gates Avenue

Ridgewood, NY, 11385

^$ 980,000

Bedrooms-- Baths-- Sq 5,600

Monthly Estimate*

^$ 6,114

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Commercial Property for sale in Ridgewood, NY

for $980,000. This 5,600 square foot building was built in 1930 on a lot size of 0.0629.

Solid 6-Family in Prime Ridgewood, NY. Outstanding investment opportunity! This well-maintained property is just minutes from the M & L subway lines and generates a gross annual income of $101K. Features natural gas heating and is in very good condition. Conveniently located near shopping areas, supermarkets, and all neighborhood amenities.

Commercial Active

Price

^$ 980,000

Property Type

Commercial

Taxes

^$ 19,649

Style

Multi Family

Lot Size

0.0629

Year Built

1930

Town/City

Ridgewood

County/Region

Queens

MLS | Web ID

912035

Features

General

Sewer Public Sewer

Heating Natural Gas

Cooling Wall/Window Unit(s)

Utilities Electricity Available Electricity Connected Natural Gas Available Natural Gas Connected

Zoning R6B

Construction Materials Brick

Year Built 1930

Property Subtype Multi Family

Tax Year 2025

Parcel Number 03486-0016

County Queens

Property Type Commercial Sale

City New York

Number Of Units Total 6

Property Attached Y/N Y

Tax Annual Amount 19649

Building Area Units Square Feet

Standard Status Active

Interior

Basement Unfinished

Basement Features Unfinished

Basement (Y/N) Y

Exterior

Water Source Other

Building Area Total 5600

Waterfront Y/N N

Internal Only

Street Number 1 2042

* Excluded Features

List By

Michael Bakheet

Listing Agent

Keller Williams Landmark Ii

Broker

347-846-1200

Contact

Affordability Calculator

$7,751

Per Month

Monthly Principal & Interest: $6,114
Monthly Property Taxes: $1,637
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Ridgewood, NY

Average List Price ^$1,755,660

Percent of Sale Price 79%

About Ridgewood, NY

103,573 Population

6% Since 2002

^$62,666 Median Income

37.87 Median Age

31% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4101131 Elementary School

4101327 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
11/20/2025	$980,000	-10.91%	Price Down
9/12/2025	$1,100,000		Listed Price

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2042 Gates Avenue, Ridgewood, NY, 11385 is a Commercial Property for sale at $980,000 with 5,600 sqft and a lot size of 0.0629. 2042 Gates Avenue was built in 1930. The property's zip code is 11385 which is in Ridgewood, NY

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey® MLS.

The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use.

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2042 Gates Avenue

Commercial Property for sale in Ridgewood, NY

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