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Sold
  • $1,250,000

    1726 Gates Ave, Flushing, NY 11385

    7beds
    3,150sqft
    Multi Family
    Built in 1920
    -- sqft lot
    $1,489,300 Zestimate®
    $397/sqft
    $3,999 Estimated rent

    Home value

    $1,489,300

    $1.34M - $1.67M

    $3,999/mo

    Zestimate® history
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    $3,999/mo

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    $3,999/mo

    Rent Zestimate®

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    $7,491/mo

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    $7,491/mo

    Est. payment

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    What's special

    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Joshua Golan,

    Compass,

    Kyle Lewis

    Source: StreetEasy,MLS#: S1687198

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 4
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    Appliances
    • Included: Dishwasher
    Features
    • Flooring: Hardwood
    • Has fireplace: Yes
    Interior area
    • Total structure area: 3,150
    • Total interior livable area: 3,150 sqft

    Property

    Features
    • Patio & porch: Terrace, Other
    • Exterior features: Balcony, Garden, Terrace
    Details
    • Parcel number: 034530024
    • Special conditions: Resale

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Condition
    • Year built: 1920

    Community & neighborhood

    Location
    • Region: Flushing
    • Subdivision: Ridgewood

    Price history

    DateEventPrice
    7/19/2024Sold$1,250,000$397/sqft
    Source: Public Record Report a problem
    5/2/2024Pending sale$1,250,000$397/sqft
    Source: StreetEasy Report a problem
    12/1/2023Price change$1,250,000-7.4%$397/sqft
    Source: StreetEasy Report a problem
    10/25/2023Listed for sale$1,350,000+68.8%$429/sqft
    Source: StreetEasy Report a problem
    8/10/2015Listing removed$4,000$1/sqft
    Source: Keller Williams NYC Report a problem
    6/23/2015Listed for rent$4,000$1/sqft
    Source: Keller Williams NYC Report a problem
    5/19/2015Sold$800,000$254/sqft
    Source: Public Record Report a problem
    9/9/2014Pending sale$800,000$254/sqft
    Source: Keller Williams NYC #93091 Report a problem
    8/26/2014Listed for sale$800,000$254/sqft
    Source: Keller Williams NYC #93091 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025-- $46,500 +3.6%
    2024-- $44,880 +1.1%
    2023-- $44,400 -4.8%
    2022-- $46,620 +5.3%
    2021-- $44,280 -2%
    2020$5,138 +5.9%$45,180 -6.1%
    2019$4,853 +6.2%$48,120 +120.2%
    2018$4,572 +7.9%$21,854 +5.2%
    2017$4,236 +12.7%$20,780
    2016$3,760 $20,780 +2.7%
    2015$3,760 +75.3%$20,228 +5.9%
    2014$2,145 $19,108 +4.9%
    2013-- $18,212 +5.2%
    2012-- $17,317
    2011-- $17,317 +2.7%
    2010-- $16,857 +5.9%
    2009-- $15,924 +4.9%
    2008-- $15,177

    Find assessor info on the county website

    Neighborhood: Ridgewood

    Nearby schools

    GreatSchools rating