Six-Family Income
For Sale
$1,350,000
1679 Gates Avenue, Ridgewood, NY 11385
Six railroad-style apartments are set within a well-maintained building, with one unit currently vacant and five rented.
Property Size5,600 SF
Days on Market209
Property Features for 1679 Gates Avenue
General Information
Standard status
Active
Size
5,600 SF
Property subtype
Commercial
Zoning
R6B
Additional Details
Multifamily Units
6
Taxes and HOA fees
Annual Taxes
$19,032
Building Details
Building Size
5,600 SF
Year Built
1930
Units
6
Tenancy
Multi
Listing Agency:
Trademarko Realty Inc
(718) 710-8170
Listed By:
Marek Sobolewski · License #10311207231
(718) 710-8170
Source:
Cohenandcohenrealty
Added: Jan 19
Changed: Aug 8
Last Checked: Aug 15 at 1:09PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Trademarko Realty Inc
Investment Insights
Based on property information with market context.
1679 Gates Avenue is a well-maintained six-family property featuring six railroad-style apartments. The building has existing apartment shafts that provide plenty of natural light throughout the units. One apartment is currently vacant, and five units are presently rented.
The property is located in Ridgewood and is about one block from the Myrtle-Wyckoff train station, with access to both the M and L subway lines. The surrounding area includes local shops, cafes, and restaurants.
This configuration provides immediate in-place rental income alongside a vacancy for flexibility. The building is offered for sale as a long-term residential income property.
The property is located in Ridgewood and is about one block from the Myrtle-Wyckoff train station, with access to both the M and L subway lines. The surrounding area includes local shops, cafes, and restaurants.
This configuration provides immediate in-place rental income alongside a vacancy for flexibility. The building is offered for sale as a long-term residential income property.
Key Highlights
- Year built: 1930; well‑maintained six‑family building in Ridgewood
- Six railroad‑style apartments: 1 vacant unit and 5 currently rented
- Units have plenty of natural light with an existing shaft
Property Analytics
Property Profile
Current Use
Lease Details
6
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
5,833
Businesses Nearby
Explore this area
Business Placement
Demographics for 11385, NY
100,883
Population
40,175
Households
2.5
Avg Household Size
36
Median Age
34%
College-Educated
84%
High-School Grad
3.6 sq mi
ZIP Area
28,023
Density / Sq Mi
$87,365
Median Household Income
$47,335
Median Earnings
$1,959
Median Rent
$842,800
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Six railroad-style apartments are set within a well-maintained building, with one unit currently vacant and five rented.
Where is this apartment building located?
The property is located at 1679 Gates Avenue Ridgewood, NY.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: Year built: 1930; well‑maintained six‑family building in Ridgewood; Six railroad‑style apartments: 1 vacant unit and 5 currently rented; Units have plenty of natural light with an existing shaft
