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6420 Gates Avenue, Ridgewood, NY 11385

$900,000
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Sold Price
$900,000
Days on Market
46
Closing Date
May 12, 2026
MLS#
943387
Status
CLOSED
Property Type
Other
Year Built
1930
Property Tax
$16,691
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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.

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Additional Information

Acres
0.32
Heating
See Remarks
Cooling
None
Water
Other
Sewer
Other
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Listing courtesy of Listing Agent: Abel Curiel (abel@go-rebuild.com) from Listing Office: EXP Realty.

Selling Office: Buyer Representation Office.

Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.