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Property Description

Positioned on Gates Avenue in Ridgewood, this garage asset offers immediate income potential in one of Queens’ most parking-constrained residential corridors. The property features 18 garage units on a 5,837 SF lot, benefiting from sustained local demand and low operating intensity. Zoned R5B with underutilized residential FAR, with approximately 3,625 buildable residential square feet. Backed by strong parking demand, this asset delivers both steady cash flow and future upside for strategic investors.

Features
Heating System:
See Remarks
Cooling System:
No
Sewer:
Other
Utilities:
See Remarks
Address Map
City:
NY
State:
NY
County:
Queens
Property and Construction
Development Status:
Brick
Agent MlsId:
189674
Office MlsId:
EXP02
Number Of Units:
18
Special Listing Conditions:
No
Tax Annual Amount:
$16,692
Water Source:
Other
Zoning:
R5B
PhotosCount:
4

Commercial Sale For Sale

6420 Gates Avenue, New York, NY

14,085 Acre
$1,469,000
Listing ID #943387
Basic Details
Property Type :
Commercial Sale
Property SubType :
Other
Listing ID :
943387
Price :
$1,469,000
Bathrooms Total :
0
Building Area :
4,255 Sqft
Lot Area :
14,085 Acre
Year Built :
1930
Status :
Active
Status :
Active
Listing Office :
EXP Realty
Listing Agent :
Abel Curiel
Agent info
Kasner Properties
284 W Park Ave Long Beach, NY 11561
Contact Agent
Walkscore
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