Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $1,250,000

· Closed July 18, 2024

1726 Gates Avenue
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Closed For Sale Multi Family

$1,250,000

$397 per sq ft

1726 Gates Avenue

Ridgewood, Queens

MLS® #RLS10990695

RLS at REBNY

Listing by Compass

7

Bedrooms

4.5

Baths

3,150

Sq. Ft.

1920

Year Built

Quick Summary

Bedrooms 7
Bathrooms 4 full, 1 half
Living Area 3,150 sq ft
Year Built 1920
Ownership None
Property Taxes $5,328/yr
Neighborhood Ridgewood
Floor 1 of 2

Property Highlights

  • Outdoor Space: Terrace, Balcony
  • Fireplace: 1 fireplace
  • Character: Pre-war building (1920)

Property Details

Type Multi Family
Ownership None
Total Rooms 12
Baths 3 Full, 1 Half
Floor 1 of 2
Pets CatsOk, DogsOk
Year Built 1920
Living Area 3,150 sq ft
Structure Type MultiFamily,Townhouse
Flooring Hardwood
Furnished Unfurnished
Basement Full
Parcel # 03453-0024
Block/Lot 03453/24

Description

3/16 12:00-1:00 PM Open House By Appointment Only! Welcome to 1726 Gates Ave, this income generating opportunity features dual rental units in a highly sought-after neighborhood on the Ridgewood-Bushwick border. Property Highlights: - Two-family Townhouse - Brand new boiler - Roof is just 18 months old - Two private outdoor spaces - Finished basement - Desirable Location This spacious two-family townhouse offers 3,150 sqft of versatile living space. The main duplex unit is a true gem, featuring five well-appointed bedrooms, two and a half bathrooms, a fully equipped kitchen with ample space for a dining table, and a comfortable living room. In addition, this unit presents an exquisite private deck and a charming back patio, perfect for outdoor enjoyment. The second-floor unit offers two cozy bedrooms, a pristine full bathroom, a well-appointed kitchen with room for dining, a welcoming living room, a convenient hall closet, and a private terrace, providing a delightful retreat for its residents Positioned just 3 blocks from the L train on Myrtle & Wyckoff and a mere block from the M train on Seneca Ave, this property enjoys a strategically advantageous location with convenient access to public transportation. It offers the best of both Brooklyn and Queens living, adjacent to Bushwick and only minutes from the vibrant streets of Williamsburg. This is a highly desirable location for both residents and investors. Take advantage of the income-generating potential of this property with two separate units: Duplex Unit: 5 BD/2.5 BA - current monthly rent of $4,500 2nd Floor Unit: 2 BD/1 BA - current monthly rent of $2,500 (projected rent $3,000) Don't let this remarkable opportunity pass you by. Secure your foothold in this flourishing neighborhood today. *Please note that the interior square footage includes the basement level.

Features & Amenities

Interior Features

Eat In Kitchen Common On Floor Common Area Flooring: Hardwood Fireplace (1)

Exterior Features

Balcony Garden Private Yard Terrace Balcony

Appliances

Dishwasher Gas Cooktop Gas Oven Stainless Steel Appliances

Building Information

Total Units 2
Stories 2
Structure MultiFamily,Townhouse

Financial Details

RE Taxes $5,328/yr ($444/mo)
Original Price $1,350,000
Sale Price $1,250,000
Previous Price $1,350,000

Ridgewood features orderly blocks of brick and limestone rowhouses, prewar tenements with decorative cornices, and multi-family buildings constructed between 1905 and 1925, making it one of Queens' most architecturally consistent neighborhoods. The M train runs through the heart of the area with stops at Seneca Avenue, Forest Avenue, and Fresh Pond Road, while the L train connects at Myrtle-Wyckoff Avenues. Highland Park and Ridgewood Reservoir border the neighborhood to the south, and the Vander Ende-Onderdonk House, an 18th-century landmark, marks the historic Queens-Brooklyn boundary.

Ridgewood Live Market Data

View Neighborhood

Active Listings

12

Median Asking Price

$1.35M

Median $/Sqft

$794

Avg Days on Market

N/A

New This Week

1

Price Reduced

8%

Sold (30 Days)

0

Median Sale Price

$1.15M

Live data from RLS at REBNY • Updated 3/23/26, 5:04 AM EST

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Location

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1726 Gates Avenue, Ridgewood, Queens County

MLS® ID: RLS10990695
First Listed: 10/26/2023
On Market: 10/25/2023
Price Changed: 12/1/2023
Closed: 7/18/2024
Contract Date: 10/24/2023

Listing Courtesy of Compass - JOSHUA GOLAN

Listing Contact: (718) 415-4410

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 3/23/2026 at 9:04 AM UTC

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