Buy with Yoreevo
$1,229,167
List Price: $1,250,000
Share Listing
Save Listing
1726 Gates Avenue
Townhouse in Ridgewood •  building info
7bd • 3.5ba • 3,150ft² $397 per ft²
Buy with Yoreevo

$1,229,167

List Price

$1,250,000

photo of agent
James McGrath
(212) 365-0151 • 
Agent stats loading...
Ask a Question
Key Details
Days on market
145
Last price change
loading...
Estimated payment
$7,555
Taxes
$444
Monthly maintenance
N/A
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, a comfortable living room, and the convenience of a kitchenette. 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.

Read Less

Important Stuff
Pets allowed
Listing Amenities
Hardwood floors
Fireplace
Dishwasher
Building Amenities
Fios Available
Outdoor Space
Garden
Balcony
Terrace
History
What it'll cost
Purchase price
$1,250,000
Asking Price: $1,250,000
Term
30 Years
Down Payment
$125,000 (10%)
Min: 10% (125,000)
Rate
6.5 %
Mortgage Amount
$1,125,000
Mortgage Payment
$7,111
Taxes
$444
Estimated Yoreevo rebate
$20,833
Estimated closing cost
$46,000
Total monthly cost $7,555
Buy your dream home with us and get an estimated
$20,833 rebate.
Rebates vary by sale price, market and are subject to a minimum commission.
Listing Courtesy of Compass

IDX information is provided exclusively for consumers' personal, noncommercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 REBNY listing service, Inc all rights reserved.

RLS IDX Data display by Yoreevo.