1726 Gates Avenue

$1,250,000
Price
7
Beds
3
Baths
1
1/2 Bath
3,150 Sq. Ft.
$397 / Sq. Ft.
3,150
Sq. Ft.
$397
per Sq. Ft.

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
...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, and a comfortable living room. 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.

Listing Agents

  1. Kyle Lewis

    Kyle Lewis

    Listing Agent

    Compass

    kylelewis@compass.com

    P: 407.701.1522

  2. Joshua Golan

    Joshua Golan

    Alternative Listing Agent

    Compass

    josh.golan@compass.com

    P: 718.415.4410

  3. Adam Sadel

    Adam Sadel

    Alternative Listing Agent

    Compass

    adam.sadel@compass.com

    P: 201.370.8465

  4. The Golan Team

    The Golan Team

    Alternative Listing Agent

    Compass

    golanteam@compass.com

    P: 718.454.5400

Amenities

  • Duplex
  • Balcony
  • Private Terrace
  • Private Yard
  • Common Garden
  • Common Outdoor Space
  • Fireplace
  • Hardwood Floors

Location

Add your commute
LISTING UPDATED: 05/02/2024 03:57 PM

Property Details for 1726 Gates Avenue

StatusContract Signed
MLS IDH6275457
Days on Market189
Taxes$444 / month
Maintenance-
Min. Down Pymt-
Total Rooms12.0
Compass TypeTownhouse
MLS TypeSingle Family
Year Built1920
Lot Size2,500 SF / 25' x 100'
CountyQueens County

Building

1726 Gates Ave

2 Units2 StoriesBuilt in 1920

Location

Add your commute

Building Information for 1726 Gates Avenue

Stories2Year Built1920Building Size20' x 40'Building Sq. Ft1,600 SFLot Size2,500 SF / 25' x 100'Building AgePre-warBuilding TypeTownhouseSenior CommunityNo

Payment Calculator

$7,266 per month

30 year fixed, 7.25% Interest

Principal and Interest

$6,822

Property Taxes

$444

Maintenance/Common Charges

$0

The Payment Calculator is for illustrative purposes only.

Property History for 1726 Gates Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1726 Gates Avenue

Taxable ValueLand$17,400Additions$27,480Total$44,880
Home Facts
Total Finished SqFt1,600 SqFtLot Size2,500 SqFtYear Built1920ZoningR6BAPN4034530024

Schools near 1726 Gates Avenue

This home is within New York City Geographic District #24.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Learners And Leaders
PublicPK to 5

P.S. 81 Jean Paul Richter
PublicPK to 5

Is 77
Public6 to 8

Grover Cleveland H.S.
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

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 The Real Estate Board of New York, Inc., 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. This information is provided exclusively for consumers’ personal, non-commercial use. The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey® MLS. Information Copyright 2024, OneKey® MLS. All data is deemed reliable but is not guaranteed accurate by Compass. See Terms of Service for additional restrictions. Compass · Tel: 212-913-9058 · New York, NY 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. This information is not guaranteed, should be independently verified and may not reflect all real estate activity in the market. Offers of compensation set forth here are for other RLSParticipants only and may not reflect other agreements between a consumer and their broker.©2024 The Real Estate Board of New York, Inc., All rights reserved.