Buy with Yoreevo
$1,178,017
List Price: $1,199,000
Share Listing
Save Listing
2052 Gates Avenue
Apartment in Ridgewood •  building info
studio • 2,742ft² $437 per ft²
Buy with Yoreevo

$1,178,017

List Price

$1,199,000

Key Details
Days on market
27
Last price change
loading...
Estimated payment
$6,644/mo
Taxes
N/A
Maintenance
N/A
Description
Welcome to spacious 6-family, rent-stabilized building at 2052 Gates Ave, perfectly positioned in the heart of vibrant Ridgewood. Located on a tree-lined block surrounded by neighborhood shops, cafés, and restaurants, this property offers the best of Queens living with excellent transportation options. The M and L trains are both nearby, providing quick, convenient access to Manhattan and the rest of the city. The building features: * Six railroad-style units * Two vacant apartments, ideal for an owner-occupant * Four occupied units generating steady rental income * Great opportunity to live in one unit and let the others pay your mortgage With two vacancies, this is an excellent chance for an owner-user to secure a home in Ridgewood while benefiting from reliable cash flow from the remaining rent-stabilized units. Whether you’re an end-user or investor, 2052 Gates Ave combines location, stability, and upside in one compelling package.

Hide full description

Building amenities
Services and facilities
Parking Available
Building info

History
What it'll cost
Purchase price
$1,199,000
Asking Price: $1,199,000
Term
30 Years
Down Payment
$119,000 (10%)
Min: 10% (119,000)
Rate
6.25 %
Mortgage Amount
$1,079,100
Mortgage Payment
$6,644
Estimated Yoreevo rebate
$20,983
Estimated closing cost
$19,000
Total monthly cost $6,644
Buy your dream home with us and get an estimated $20,983 rebate.
Rebates vary by sale price, market and are subject
to a minimum commission.
Listing Courtesy of Trademarko Realty Inc

Information ©2025, OneKey MLS. All rights reserved. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed.