1701 Gates Avenue, Ridgewood, NY 11385

Local realty services provided by:Better Homes and Gardens Real Estate Dream Properties
1701 Gates Avenue,Ridgewood, NY 11385
$3,200,000
  • 15 Beds
  • 6 Baths
  • 5,850 sq. ft.
  • Multi-family
  • Active
Listed by:amberly sclar
Office:blt minimax realty inc
MLS#:903306
Source:OneKey MLS

Price summary

  • Price:$3,200,000
  • Price per sq. ft.:$547.01

About this home

NEW PICS TO COME! **FINALLY ALL RENTALS ARE VACANT!!** *WOW! GROSS CAP RATE OF 9.28% / NET CAP RATE OF 7.94% !* **Projected Annual GROSS Rental Income: Just for Residential $255k. With Commercial $297k** (Average Renovated 3 Bed Boxed Layout is $4,250 Monthly / Commercial Average is about $70 per soft) In a ‘Renters Haven’ off the corner of Gates Avenue, we have a Once In A Long Time Opportunity for Easy Investment Income IN A 78 FOOT LONG BUILDING! This is a CORNER 5 FAMILY BUILDING WITH STOREFRONT…NOT Rent Controlled/NOT Rent Stabilized. FREE MARKET!! About 1,950 SQFT per floor (Building Size is 25X78). 78 FEET LONG - Location, Location, Location… a 5 Minute Walking Distance to the M/L Subway, Multiple Buses, and Anything a Renter Desires. - Surrounded by eateries and night time entertainment! - and ONLY a 5 Minute Walk to the Subway (M/L Line) Built in 1930, 17-01 Gates Avenue is a MASSIVE 15 Bedroom/ 6 Bathroom Mixed Use MultiFamily Located in the Heart of Ridgewood…Only a

Contact an agent

contact an agent

Yes, I would like more information from BHGRE®. Please use and/or share my information with an BHGRE affiliated agent to contact me about my real estate needs. By clicking Send message, I agree an BHGRE affiliated agent may contact me by phone or text message including by automated means about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1930
  • Listing ID #:903306
  • Added:48 day(s) ago
  • Updated:October 07, 2025 at 11:38 AM

Rooms and interior

  • Bedrooms:15
  • Total bathrooms:6
  • Full bathrooms:6
  • Living area:5,850 sq. ft.

Heating and cooling

  • Heating:Natural Gas

Structure and exterior

  • Year built:1930
  • Building area:5,850 sq. ft.
  • Lot area:0.06 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$3,200,000
  • Price per sq. ft.:$547.01
  • Tax amount:$26,712 (2025)
Copyright 2025 OneKey MLS. All rights reserved. Listings courtesy of OneKey MLS as distributed by MLS GRID<lastMLSCheckTimestamp>. OneKey MLS provides content displayed here (“provided content”) on an “as is” basis and makes no representations or warranties regarding the provided content, including, but not limited to those of non-infringement, timeliness, accuracy, or completeness. Individuals and companies using information presented are responsible for verification and validation of information they utilize and present to their customers and clients. OneKey MLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of OneKey MLS.

New listings near 1701 Gates Avenue