Great opportunity for users and investors to own this all-brick legal six-unit property in this prime neighborhood, Ridgewood. It's very well maintained, 3 floors, and each floor consists of 2 units, plus a fully finished basement and private rear yard space. Each apartment has 3 bedrooms, a combination of living room and dining room, a kitchen, and 1 full bathroom. All six units are rent stabilized. Gross income: $97,968, expense: $34,586, NOI: $63,382. Tenants pay for their cooking gas and electricity. Roof is 4 years old. Conveniently located near shops, schools, parks, and public transportation: bus B13, Q58, and subway L and M trains to Manhattan.
Sold for $950,000
$950,000
1714 Gates Ave, Ridgewood, NY 11385
18beds
5,600sqft
Multi Family
Built in 1930
-- sqft lot
$961,000 Zestimate®
$170/sqft
$3,590 Estimated rent
Home value
$961,000
$875,000 - $1.06M
$3,590/mo
Zestimate® history
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$3,590/mo
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$5,635/mo
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Zillow last checked: 7 hours ago
Listing updated: October 30, 2025 at 10:43am
Listed by:
Xiao (Emma) Zhu 646-339-4881,
RE/MAX Edge
Source: BNYMLS,MLS#: 490365
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 18
- Bathrooms: 6
- Full bathrooms: 6
Heating
- Natural Gas, Steam/Radiator
Appliances
- Included: Gas Water Heater
Features
- Flooring: Other
- Basement: Finished,Full
Interior area
- Total structure area: 5,600
- Total interior livable area: 5,600 sqft
Property
Parking
- Parking features: Street, Other
- Has uncovered spaces: Yes
Features
- Stories: 3
Lot
- Size: 2,742 sqft
- Dimensions: 27x100
- Features: Back Yard
Details
- Foundation area: 1870
- Special conditions: Arm's Length
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Brick, Other
- Foundation: Other
- Roof: Flat
Condition
- Year built: 1930
Utilities & green energy
- Electric: 110 V, 220 Volts
Community & neighborhood
Location
- Region: Ridgewood
- Subdivision: Queens
HOA & financial
Other financial information
- Total actual rent: 97968
Price history
| Date | Event | Price |
|---|---|---|
| 10/30/2025 | Sold | $950,000-20.8%$170/sqft |
Source:  BNYMLS #490365 Report a problem | ||
| 9/4/2025 | Pending sale | $1,199,000$214/sqft |
Source: BNYMLS #490365 Report a problem | ||
| 3/28/2025 | Listed for sale | $1,199,000-7.7%$214/sqft |
Source: BNYMLS #490365 Report a problem | ||
| 10/26/2024 | Listing removed | $1,299,000$232/sqft |
Source: StreetEasy #1718086 Report a problem | ||
| 5/20/2024 | Listed for sale | $1,299,000$232/sqft |
Source: BNYMLS #482231 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: Ridgewood
Nearby schools
GreatSchools rating
- 7/10Ps 81 Jean Paul RichterGrades: PK-5Distance: 0.2 mi
- 4/10Joseph F Quinn Intermediate School 77Grades: 6-8Distance: 0.4 mi
- 2/10Grover Cleveland H.S.Grades: 9-12Distance: 0.6 mi