Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $1,250,000

· Sold at asking price · Closed July 18, 2024

SOLD: 1726 Gates Avenue
SOLD $1,250,000
Sold 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

Sale Details

Sale Price $1,250,000
Original List Price $1,250,000
First Listed At $1,350,000
Close Date July 18, 2024
vs. Asking Sold at asking price

Property 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

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.

Property Details

Type Multi Family
Ownership None
Total Rooms 12
Year Built 1920
Living Area 3,150 sq ft
Flooring Hardwood

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RLS at REBNY

Listing courtesy of JOSHUA GOLAN at Compass. 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. This 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.

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