6 months on rocket

1726 Gates Ave, New York City, NY, 11385

$1,250,000

Home List Price

$10,000*

Closing Credit

7 Bedrooms
3 Full Baths, 1 Partial
3,150 SqFt
$397/SqFt
Townhouse
Schools Nearby

Location

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1726 Gates Ave, New York$1,250,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeTownhouse
Year Built1920
BasementYes
FireplaceOther
MLS #COMP-1429899434425886393
StatusActive

About 1726 Gates Ave

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, a comfortable living room, and the convenience of a kitchenette. 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.

Property Details

Property Features

Property Information:

  • Year Built: 1920
  • Living Area: 3,150 SqFt

Listing Office:

  • Office Name: Compass
  • Office Phone: (212) 913-9058
  • Listing Agent: Kyle Lewis
  • Agent Phone: (407) 701-1522

Interior Features

Interior Information:

  • Appliances: Dishwasher, Gas Cooktop, Gas Oven, Stainless Steel Appliance(s)
  • Basement: Yes
  • Flooring Type: Hardwood
  • Interior: Eat-in Kitchen
  • Fireplace: Other

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedroom Count: 7

Exterior Features

Exterior Information:

  • Exterior: Balcony, Garden, Private Yard

Parking Information:

  • Attached Garage: No

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,250,000
  • Price Per SqFt: $397/SqFt

HOA Fees:

  • Amount: $0
  • Frequency: Monthly
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Housing Market Comparison

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

Med. Sold Price

$845.4K

Med. Price/SqFt

$636

Avg. Days On Market

96

# of Sold Homes

1548

1726 Gates Ave vs New York

185 DAYS ON ROCKET

+89 Days

$1,250,000

+$404.5K More

$397/SqFt

-$240 Less

KEY TAKEAWAY

This property is $404.5K more than the Median Sold Price and $240/SqFt less than other homes in New York, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: REBNY
  • MLS Number: #COMP-1429899434425886393

Listing Office:

  • Office Name: Compass
  • Office Phone: (212) 913-9058
  • Listing Agent: Kyle Lewis
  • Agent Phone: (407) 701-1522

IDX ©2024 The Real Estate Board of New York, Inc., All rights reserved. Website powered by IHR Technology Services.

Listing information for certain New York City properties provided courtesy of the Real Estate Board ofNew York’s Residential Listing Service (the “RLS”). The information contained in this listing has not beenverified by the RLS and should be verified by the consumer. The listing information provided here is forthe 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.
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: 4/29/2024, 10:25:17 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$6,306

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,814

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-3376655
3
/10
  • PS 81 Jean Paul Richter

  • 559 Cypress Ave

  • 0.19 miles

  • Public District Grades KG-5

school-card-donut-3376656
5
/10
  • PS 239

  • 1715 Weirfield St

  • 0.34 miles

  • Public District Grades PK-5

school-card-donut-3376657
7
/10
  • Learners and Leaders

  • 378 Seneca Ave

  • 0.44 miles

  • Public District Grades PK-3

Neighborhood

What Are The Neighbors Like?

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

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1726 Gates Ave

What is the listing price of this property?

The listing price of 1726 Gates Ave property is $1,250,000.

What type of property is this?

The property 1726 Gates Ave is a townhouse located in New York City, New York, 11385.

Is this property for sale now?

Active Listing: 1726 Gates Ave is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 1726 Gates Ave has 7 bedrooms and 3 full and 1 half bathrooms.

What is the square footage of this property?

The property 1726 Gates Ave is 3,150 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1726 Gates Ave is 1920.

Rocket HomesNew YorkQueens CountyNew York113851726 Gates Ave

This home is located at 1726 Gates Ave in New York City, NY and zip code 11385 in the Ridgewood neighborhood. This 3,150 square foot home was built in 1920. Features: 7 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since October 27, 2023 and is currently priced at $1,250,000.

In March 2024 more than 154 listings in New York, NY were sold above the asking price. During the same period more than 645 listings were sold at asking price, while more than 748 were sold below. The number of listings in New York, NY increased by 3.7% between February 2024 and March 2024. In March 2024 median list price was $845,489 and the average listing age was 96 days.

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

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