13 days on rocket

1714 Gates Ave, Flushing, NY, 11385

$1,299,000

Home List Price

$10,000*

Closing Credit

18 Bedrooms
6 Full Baths
5,600 SqFt
$232/SqFt
Multi
Schools Nearby

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

1714 Gates Ave, New York$1,299,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeMulti Family
ParkingNone, Street
Year Built1930
HeatingSteam, Natural Gas
CoolingOther
BasementYes
FireplaceOther
MLS #482231
StatusActive

About 1714 Gates Ave

Great opportunity for users and investors to own this all brick legal six family house in this prime neighborhood, Ridgewood. It's very well maintained, 3 floors and each floor consists of 2 units, plus a full finished basement and private rear yard space. Each apartment consists of 3 bedrooms, a combination of living room and dining room, kitchen, and 1 full bathroom. All six units are rent stabilized. Gross income: $94,992, expense: $33,126. NOI: $61,866. Tenants pay for their own cooking gas and electricity. Roof is 3 years old. Conveniently located close to shops, schools, parks, and public transportation: bus B13, Q58 and subway L and M train to Manhattan.

Property Details

Property Features

Property Information:

  • Year Built: 1930
  • Stories: 3
  • Living Area: 5,600 SqFt

Listing Office:

  • Office Name: RE/MAX Edge

Interior Features

Interior Information:

  • Appliances: Other
  • Basement: Yes
  • Flooring Type: Other
  • Fireplace: Other

Bedroom and Bathroom Information:

  • Full Bathrooms: 6
  • Total Bedroom Count: 18

Exterior Features

Exterior Information:

  • Exterior: Other

Parking Information:

  • Attached Garage: No
  • Parking: None, Street

Utilities

Utilities Information:

  • Heating: Steam, Natural Gas
  • Cooling: Other

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,299,000
  • Price Per SqFt: $232/SqFt

Tax Information:

  • Annual Amount: $15,082
  • Tax Year: 2020
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

See how this home compares to others in New York, NY.

Map thumbnail provided by MapBox

New York, NY

City

Med. Sold Price

$849.6K

Med. Price/SqFt

$636

Avg. Days On Market

93

# of Sold Homes

1919

1714 Gates Ave vs New York

13 DAYS ON ROCKET

-80 Days

$1,299,000

+$449.3K More

$232/SqFt

-$405 Less

KEY TAKEAWAY

This property is $449.3K more than the Median Sold Price and $405/SqFt less than other homes in New York, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #482231

Listing Office:

  • Office Name: RE/MAX Edge

IDX Information being provided by Brooklyn Multiple Listing Service is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

The accuracy of all information, regardless of source, including but not limited to open house information, square footage and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Brooklyn Multiple Listing Service and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited.

Copyright © 2024 Brooklyn Multiple Listing Service. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 6/3/2024, 4:20:30 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$15,082$386,100
2018$12,776$108,460
2017$11,991$100,449

History based on county public records data.

Payment Calculator

$6,551

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,961

Powered By

Rocket Mortgage

Advertisement

NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-7848431
3
/10

  • PS 81 Jean Paul Richter

  • 559 Cypress Ave

  • 0.19 miles

  • Public District Grades KG-5

school-card-donut-7848432
5
/10

  • PS 239

  • 1715 Weirfield St

  • 0.34 miles

  • Public District Grades PK-5

school-card-donut-7848433
7
/10

  • Learners and Leaders

  • 378 Seneca Ave

  • 0.44 miles

  • Public District Grades PK-3

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $54,983. The most common annual income of people living in New York, NY is between $35k-100k. Typical family type is single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›New York›Queens County›New York›11385›1714 Gates Ave

This home is located at 1714 Gates Ave in Flushing, NY and zip code 11385 in the Ridgewood neighborhood. This 5,600 square foot home was built in 1930. Features: 18 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since May 20, 2024 and is currently priced at $1,299,000.

In May 2024 more than 204 listings in New York, NY were sold above the asking price. During the same period more than 844 listings were sold at asking price, while more than 871 were sold below. In May 2024 in New York, NY there were 2.7% more homes for sale than in April 2024. The median list price of listings available in May 2024 was $849,645, while the average time on the real estate market was 93 days.

From Rocket Homes Real Estate and based on county public records data.

More Resources