Brown Harris Stevens

Search
1701 Gates Avenue
Flushing, Queens, NY
$2,999,999 Price
- Bedrooms   - Baths
CloseClose Video
Photo 1 of 1701 Gates Avenue, Flushing, Queens, NY, $2,999,999, Web #: 3470616Previous PhotoNext Photo1 of 10

Contract Signed

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 5 FAMILY BUILDING...NOT Rent Controlled/NOT Rent Stabilized. FREE MARKET, WITH STOREFRONT (All Renters are Working Professionals.). About...

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 5 FAMILY BUILDING...NOT Rent Controlled/NOT Rent Stabilized. FREE MARKET, WITH STOREFRONT (All Renters are Working Professionals.). 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 nighttime 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 skip away from Bushwick. This 5 Family Home is R6B Zoning (FAR: 2), which allows the potential for 1 more floor for EVEN MORE Rental Revenue. Ridgewood is a Desirable place to call home for many of your potential renters because of the convenience to the City, the Parks, and the Shops and Eateries that run along almost all of its busy streets as well as the wave of an art scene that has been moving in. In a neighborhood where everyone walks or rides a bike, Ridgewood is a Renters Favorite Pick...did I mention that there is a 1 Car Garage for that Buyer who wants to call one of these apartments Home!!! Building Layout: First Floor: (1) 3 Bedroom BOXED unit with Lots of Natural Sunlight & (1) Storefront Floor Two: (2) 3-Bedroom BOXED Units with Eat-in Kitchens Floor Three: (2) 3-Bedroom BOXED Units with Eat-in Kitchens ROOF IS A WALK-OUT AND IS IN EXCELLENT CONDITION! 1 CAR GARAGE! Other Fantastic Details that make this your next purchase : Lot: 25 ? 100 Building: 25 ? 78 Building Class: 5-6 Families NOT RENT-CONTROLLED/ NOT RENT STABILIZED LOCATED IN A RENTERS' HAVEN Tall Ceilings Taxes: $20,120 Total Annual Rental Income: $147,336 COMES WITH ONE CAR GARAGE! GREAT FOR AN END USER AS WELL AS INVESTOR.

Listing courtesy of New York Realty Minimax Inc

Calculate your Payments

Asking Price:

Percent Down:

Loan Amount:

Interest Rate:

Loan Term (years):

Estimated Mortgage Payment:

Total Monthly Payment:

* All information furnished regarding property for sale, rental, financing or estimated mortgage rates is from sources deemed reliable but no warranty or representation is made as to the accuracy thereof. For further financing information, please contact a Brown Harris Stevens agent.

Listing Details

Contract Signed
Flushing, Queens, NY
Type:
Price: $2,999,999
Web ID: 3470616

Info & Amenities

Map of Area for 1701 Gates Avenue

All information is from sources deemed reliable but is subject to errors, omissions, changes in price, prior sale or withdrawal without notice. No representation is made as to the accuracy of any description. All measurements and square footages are approximate and all descriptive information should be confirmed by customer. All rights to content, photographs and graphics are reserved to Brown Harris Stevens. Customer should consult with its counsel regarding all closing and tax costs. Broker represents the seller/owner on Broker's own exclusives, except if another agent of Broker represents the buyer/tenant, in which case Broker will be a dual agent, in Connecticut, or , in New York State and New Jersey, a dual agent with designated or disclosed agents representing seller/owner and buyer/tenant. Broker represents the buyer/tenant when showing the exclusives of other real estate firms. In Florida, Broker acts as a Transaction Broker with all sellers and buyers, unless a different form of agency has been established in writing. If you are looking to purchase or rent housing, are using a screen reader, and are having problems using this website, please call 1-212-712-1163 for assistance. All phone charges will be reimbursed by Brown Harris Stevens. Broker actively supports Fair Housing and Equal Housing Opportunities. BHS has adopted the attached policy statement - Prior to showing a homebuyer a property or providing services: (1) BHS does not require identification from a prospective homebuyer, (2) BHS may require a written agreement from a homebuyer before showing properties; and (3) BHS does not require a pre-approval for a mortgage loan in order to show a homebuyer properties. However, based upon the requirements of the seller, the building in which the properties is located, or others, some or all of the foregoing items may be required. 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. 2024 The Real Estate Board of New York, Inc., all rights reserved. RLS Data display by Brown Harris Stevens. Powered by Terra Holdings.