$2,900,000
Last sold price
- 15 Beds
- 6 Baths
- 5,850 sqft
1701 Gates Avenue, Flushing, NY 11385
Est. Refi. Payment $17,464/mo*
Refinance Your HomeCurrently Off Market - Sold Feb 12, 2026 for $2,900,000 (9% below list price)
Home Value
Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.04 | Multi-Family Home | $950,000 | 10/30/25 | 18 | 6 | 5,600 | |
0.21 | Multi-Family Home | $2,980,000 | 07/31/26 | 5 | 5,625 | ||
0.05 | Multi-Family Home | $1,630,000 | 02/10/26 | 6 | 3 | 3,318 | |
0.17 | Multi-Family Home | $1,044,750 | 05/12/26 | 8 | 4 | 2,600 | |
0.63 | Multi-Family Home | $2,700,000 | 09/18/26 | 12 | 10 | 3,100 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.05 | $1,350,000 | 12 | 6 | - | For Sale | |
0.05 | $1,630,000 | 6 | 3 | 3,318 | Recently Sold | |
0.06 | $1,461,700 | 8 | 5 | - | Off Market | |
0.09 | $527,000 | 1 | 1 | 645 | Off Market | |
0.04 | $1,500,000 | 12 | 6 | 5,100 | For Sale | |
0.04 | $986,800 | 18 | 6 | 5,600 | Off Market | |
0.07 | - | 6 | 2 | 2,000 | Off Market | |
0.07 | $713,200 | 12 | 6 | 4,200 | Off Market | |
0.08 | $458,600 | 2 | 1 | 727 | Off Market | |
0.07 | $1,464,100 | 7 | 3.5 | 3,150 | Off Market | |
0.07 | $1,482,900 | 4 | 1.5 | 1,836 | Off Market |
Local Information
-- mins to
Home Highlights
Multi-Family
Built in 1930
5,850 sqft
$496/sqft
Garage
About this House
What's unique:Lots of natural sunlightTall ceilings
**FINALLY ALL RENTALS ARE VACANT!!**
*WOW! GROSS CAP RATE OF 9.28% / NET CAP RATE OF 7.94% !*
**Projected Annual GROSS Rental Income: Just for Residential $255k. With Commercial $297k**
(Average Renovated 3 Bed Boxed Layout is $4,250 Monthly / Commercial Average is about $70 per soft)
In a ‘Renters Haven’ off the corner of Gates Avenue, we have a Once In A Long Time Opportunity for Easy Investment Income IN A 78 FOOT LONG BUILDING! This is a CORNER 5 FAMILY BUILDING WITH STOREFRONT…NOT Rent Controlled/NOT Rent Stabilized. FREE MARKET!!
About 1,950 SQFT per floor (Building Size is 25X78). 78 FEET LONG
- Location, Location, Location… a 5 Minute Walking Distance to the M/L Subway, Multiple Buses, and Anything a Renter Desires.
- Surrounded by eateries and night time entertainment!
- and ONLY a 5 Minute Walk to the Subway (M/L Line)
Built in 1930, 17-01 Gates Avenue is a MASSIVE 15 Bedroom/ 6 Bathroom Mixed Use MultiFamily Located in the Heart of Ridgewood…Only a skip away from Bushwick.
This 5 Family Home is R6B Zoning (FAR: 2), which allows the potential for 1 more floor for EVEN MORE Rental Revenue. Ridgewood is a Desirable place to call home for many of your potential renters because of the convenience to the City, the Parks, and the Shops and Eateries that run along almost all of its busy streets as well as the wave of an art scene that has been moving in.
In a neighborhood where everyone walks or rides a bike, Ridgewood is a Renters Favorite Pick…did I mention that there is a 1 Car Garage for that Buyer who wants to call one of these apartments Home!!!
Building Layout:
First Floor: (1) 3 Bedroom BOXED unit with Lots of Natural Sunlight & (1) Storefront
Floor Two: (2) 3-Bedroom BOXED Units with Eat-in Kitchens
Floor Three: (2) 3-Bedroom BOXED Units with Eat-in Kitchens
ROOF IS A WALK OUT AND IS IN EXCELLENT CONDITION! 1 CAR GARAGE!
Other Fantastic Details that make this your next purchase :
Lot: 25 × 100
Building: 25 × 78
Building Class: 5-6 Families
NOT RENT CONTROLLED/ NOT RENT STABILIZED
LOCATED IN A RENTERS HAVEN
Tall Ceilings
Taxes: $26,712.16
Total Projected Annual GROSS Rental Income: Just for Residential $255k. With Commercial $297k !
COMES WITH ONE CAR GARAGE! GREAT FOR AN END USER AS WELL AS INVESTOR.
*WOW! GROSS CAP RATE OF 9.28% / NET CAP RATE OF 7.94% !*
**Projected Annual GROSS Rental Income: Just for Residential $255k. With Commercial $297k**
(Average Renovated 3 Bed Boxed Layout is $4,250 Monthly / Commercial Average is about $70 per soft)
In a ‘Renters Haven’ off the corner of Gates Avenue, we have a Once In A Long Time Opportunity for Easy Investment Income IN A 78 FOOT LONG BUILDING! This is a CORNER 5 FAMILY BUILDING WITH STOREFRONT…NOT Rent Controlled/NOT Rent Stabilized. FREE MARKET!!
About 1,950 SQFT per floor (Building Size is 25X78). 78 FEET LONG
- Location, Location, Location… a 5 Minute Walking Distance to the M/L Subway, Multiple Buses, and Anything a Renter Desires.
- Surrounded by eateries and night time entertainment!
- and ONLY a 5 Minute Walk to the Subway (M/L Line)
Built in 1930, 17-01 Gates Avenue is a MASSIVE 15 Bedroom/ 6 Bathroom Mixed Use MultiFamily Located in the Heart of Ridgewood…Only a skip away from Bushwick.
This 5 Family Home is R6B Zoning (FAR: 2), which allows the potential for 1 more floor for EVEN MORE Rental Revenue. Ridgewood is a Desirable place to call home for many of your potential renters because of the convenience to the City, the Parks, and the Shops and Eateries that run along almost all of its busy streets as well as the wave of an art scene that has been moving in.
In a neighborhood where everyone walks or rides a bike, Ridgewood is a Renters Favorite Pick…did I mention that there is a 1 Car Garage for that Buyer who wants to call one of these apartments Home!!!
Building Layout:
First Floor: (1) 3 Bedroom BOXED unit with Lots of Natural Sunlight & (1) Storefront
Floor Two: (2) 3-Bedroom BOXED Units with Eat-in Kitchens
Floor Three: (2) 3-Bedroom BOXED Units with Eat-in Kitchens
ROOF IS A WALK OUT AND IS IN EXCELLENT CONDITION! 1 CAR GARAGE!
Other Fantastic Details that make this your next purchase :
Lot: 25 × 100
Building: 25 × 78
Building Class: 5-6 Families
NOT RENT CONTROLLED/ NOT RENT STABILIZED
LOCATED IN A RENTERS HAVEN
Tall Ceilings
Taxes: $26,712.16
Total Projected Annual GROSS Rental Income: Just for Residential $255k. With Commercial $297k !
COMES WITH ONE CAR GARAGE! GREAT FOR AN END USER AS WELL AS INVESTOR.
Last check for updates: about 16 hours ago
Listed by Amberly Sclar, (718) 501-5292
BLT Minimax Realty Inc, (718) 609-0800
Bought with: Unrepresented Buyer, (000) 000-0000, Buyer Representation Office, (000) 000-0000
Source: OneKey® MLS as distributed by MLS GRID, MLS#927797

Home Details for 1701 Gates Avenue
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Interior Details Basement: Unfinished |
Beds & Baths Number of Bedrooms: 15Number of Bathrooms: 6Number of Bathrooms (full): 6 |
Appliances & Utilities Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected |
Heating & Cooling Heating: Has Heating Unspecified TypeHas CoolingAir Conditioning: Wall/Window Unit(s)Has HeatingHeating Fuel: Has Heating Unspecified Type |
Gas & Electric Has Electric on Property |
Windows, Doors, Floors & Walls Flooring: Hardwood |
Levels, Entrance, & Accessibility Floors: Hardwood |
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Parking & Garage Number of Garage Spaces: 1Number of Covered Spaces: 1No CarportHas a GarageParking Spaces: 1Parking: Garage |
Water & Sewer Sewer: Public Sewer |
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Cumulative Days on Market: 107 |
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Year Built Year Built: 1930 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Triplex, Multi Family |
Building Construction Materials: BrickAttached To Another Structure |
Property Information Parcel Number: 034520001 |
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Price List Price: $3,200,000Price Per Sqft: $496/sqft |
Status Change & Dates Off Market Date: Fri Dec 05 2025 |
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MLS Status: Sold |
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Direction & Address City: Ridgewood |
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Building Area Building Area: 5850 Square Feet |
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Not Senior Community |
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Lot Area: 2500 sqft |
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Special Conditions: None |
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Listing Agreement Type: Exclusive Right To Sell |
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BasementMls Number: 927797Attribution Contact: 718-609-0800Showing Requirements: Call Listing Agent |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Feb 12, 2026 Source: OneKey® MLS as distributed by MLS GRID #927797 | Sold | $2,900,000 |
Dec 9, 2025 Source: OneKey® MLS as distributed by MLS GRID #927797 | Pending | $3,200,000 |
Dec 5, 2025 Source: OneKey® MLS as distributed by MLS GRID #927797 | ListingRemoved | $3,200,000 |
Oct 23, 2025 Source: OneKey® MLS as distributed by MLS GRID #927797 | Listed For Sale | $3,200,000 |
Oct 23, 2025 Source: OneKey® MLS as distributed by MLS GRID #903306 | ListingRemoved | $3,200,000 |
Aug 20, 2025 Source: OneKey® MLS as distributed by MLS GRID #903306 | Listed For Sale | $3,200,000 |
Mar 22, 2023 Source: OneKey® MLS as distributed by MLS GRID #3434813 | ListingRemoved | |
Oct 4, 2022 Source: OneKey® MLS as distributed by MLS GRID #3434813 | Listed For Sale | $2,999,888 |
Sep 20, 2022 Source: OneKey® MLS as distributed by MLS GRID #3384602 | ListingRemoved | |
Mar 20, 2022 Source: OneKey® MLS as distributed by MLS GRID #3384602 | Listed For Sale | $2,999,888 |
Mar 17, 2022 Source: OneKey® MLS as distributed by MLS GRID #3365204 | ListingRemoved | |
Dec 16, 2021 Source: OneKey® MLS as distributed by MLS GRID #3365204 | Listed For Sale | $2,999,888 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2020 | $20,503 | $659,000 |
Home facts updated by county records
Market trends in New York
Last updated August 2026
Avg. sale price
$818K
$21.67KMoM
Sale-to-List Price
98.1%
0.1%MoM
Price per sq ft
$704
$22MoM
Available listings
16526
1221MoM
Around this home
What Locals Say about Ridgewood
At least 1283 Trulia users voted on each feature.
89 % Say it's walkable to grocery stores
88 % Say there are sidewalks
84 % Say it's dog friendly
84 % Say it's walkable to restaurants
73 % Say streets are well-lit
69 % Say people would walk alone at night
60 % Say there's holiday spirit
59 % Say kids play outside
57 % Say they plan to stay for at least 5 years
52 % Say yards are well-kept
50 % Say neighbors are friendly
44 % Say it's quiet
38 % Say car is needed
38 % Say there are community events
33 % Say there's wildlife
27 % Say parking is easy
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections

Based on information submitted to the MLS GRID as of 2026-09-22 13:58:22 PDT 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. Some IDX listings have been excluded from this website. Click here for more information
Frequently asked questions about 1701 Gates Avenue
- What is the price history for 1701 Gates Avenue?1701 Gates Avenue in Flushing, NY last sold for $2,900,000 in February 2026.
- Is Flushing a buyer's or seller's market?Flushing is currently a balanced market, based on recent for-sale activity.
- What's the median sale price in Flushing?The median sale price in Flushing is $818K. That is up $21.67K from the prior month.
- What do residents say about the Ridgewood neighborhood?Residents describe the Ridgewood neighborhood in Flushing, NY as walkable to grocery stores, pedestrian-friendly, and dog-friendly. See recently sold homes in Ridgewood, Flushing.
- Does 1701 Gates Avenue have air conditioning?Yes, 1701 Gates Avenue in Flushing, NY has air conditioning.