1678 Gates Avenue Ridgewood, NY $ 1,150,000
1678 Gates Avenue
$ 1,150,000
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1678 Gates Avenue

Ridgewood, NY, 11385
$ 1,150,000
Bedrooms-- Baths-- Sq 5,610

Monthly Estimate*

$ 7,261

1678 Gates Avenue, Ridgewood, NY 11385 - Image 1
1678 Gates Avenue, Ridgewood, NY 11385 - Image 2
1678 Gates Avenue, Ridgewood, NY 11385 - Image 3
1678 Gates Avenue, Ridgewood, NY 11385 - Image 4
1678 Gates Avenue, Ridgewood, NY 11385 - Image 5
1678 Gates Avenue, Ridgewood, NY 11385 - Image 6

Commercial Property for sale in Ridgewood, NY

for $1,150,000. This 5,610 square foot building was built in 1930 on a lot size of 0.0629.

Excellent investment opportunity in the heart of Ridgewood! This well maintained six family residential building offers strong income protentional with approximately $110.000 in gross annual income. The property is ideally located in a vibrant Queens neighborhood, close to the M train and major roads make this an attractive location for both resident and investors. A great opportunity in one of Queens established and desirable neighborhoods.

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Commercial Active

Price

$ 1,150,000

Property Type

Commercial

Taxes

$ 19,457

Style

Multi Family

Lot Size

0.0629

Year Built

1930

Town/City

Ridgewood

County/Region

Queens

MLS | Web ID

1046065

Features
General
Sewer Public Sewer
Heating Hot Water
Cooling Electric Multi Units Separate Meters
Utilities Cable Available Cable Connected Electricity Available Electricity Connected Natural Gas Available Natural Gas Connected Phone Available Phone Connected Propane Sewer Available Sewer Connected Trash C
Zoning R6B
Construction Materials Brick
Year Built 1930
Property Subtype Multi Family
Tax Year 2025
Parcel Number 03448-0023
Gross Income 111000
County Queens
Property Type Commercial Sale
Directions From Queens Blvd take Grand Ave east and continue to Gates Ave. The property located 1678 Gates Avenue in Ridgewood Queens
City New York
High School District Contact Agent
Number Of Units Total 6
Property Attached Y/N Y
Tax Annual Amount 19457.24
Building Area Units Square Feet
Standard Status Active
Middle/Junior School District Contact Agent
Elementary School District Contact Agent
Tax Assessed Value 374850
Cap Rate 11375
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Interior
Basement Finished
Basement Features Finished
Basement (Y/N) Y
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Exterior
Parking Features None None
Water Source Public
Building Area Total 5610
Waterfront Y/N N
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Internal Only
Street Number 1 1678
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* Excluded Features
List By
Rafael Normatov

Listing Agent

Dom Realty Of Ny Inc

Broker

718-263-4700

Contact

Affordability Calculator

$8,883
Per Month
82%
18%
0%
Monthly Principal & Interest
$7,261
Monthly Property Taxes
$1,621
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
4892106 Elementary School
4892561 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/3/2026$1,150,000 Listed Price

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1678 Gates Avenue, Ridgewood, NY, 11385 is a Commercial Property for sale at $1,150,000 with 5,610 sqft and a lot size of 0.0629. 1678 Gates Avenue was built in 1930. The property's zip code is 11385 which is in Ridgewood, NY