20-50 Gates Avenue Ridgewood NY, 11385 Ps 71 Forest
$1,300,000
18 Beds / 6 Full Baths | ML# 3591606
Property Picture

Welcome to Ridgewood, one of the most desirable neighborhoods in all of New York City! This meticulously maintained 6 Family building offers a great opportunity for an investor looking for strong cash flow. The approximate annual Net Operating Income = $91, 624.88! Close to all shops, cafes, restaurants and night life, the major bus lines can be found around the corner and the Forest Ave subway is only 2 blocks away. The property has been upgraded nicely and this fantastic building enjoys a fairly new roof and hot water tanks, updated kitchens and baths, this is a near turn key investment with so much to offer!, Additional information: Appearance:Good, Building Size:27.5’ x 68’

    Presented by Perry Rootstein
    Perry Rootstein Licensed Associate Real Estate Broker (516) 220-5640 perryrootstein@kw.com