1701 Gates Avenue, Flushing, NY 11385
SOLD
FEB 12, 2026

1701 Gates Avenue
Flushing, NY 11385

Ridgewood
  • 15 Beds
  • 6 Baths
  • 5,850 sqft

$2,900,000

Last Sold: Feb 12, 2026
9% below list $3.2M
$496/sqft
Est. Refi. Payment $16,634/mo*
Refinance Your Home

$2,900,000

Last Sold: Feb 12, 2026
9% below list $3.2M
$496/sqft
Est. Refi. Payment $16,634/mo*
Refinance Your Home
15 Beds
6 Baths
5,850 sqft

Local Information

  • Map ViewExplore the area around 1701 Gates Avenue.
  • Schools2 Preschool Schools2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Multi-Family
Year Built
1930
Living Area
5,850 sqft
Price/Sqft
$496/sqft
Parking
Garage

About this House

**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.
1701 Gates Avenue, Flushing, NY 11385 is a 15 bedroom, 6 bathroom, 5,850 sqft multi-family in Ridgewood, built in 1930. It last sold for $2,900,000 on Feb 12, 2026 (9% below the $3,200,000 asking price). It is currently off market. The Trulia Estimate rent is $5,007/month.

Home Details for 1701 Gates Avenue

Interior Features

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

Exterior Features

Parking & Garage
Number of Garage Spaces: 1Number of Covered Spaces: 1No CarportHas a GarageParking Spaces: 1Parking: Garage
Water & Sewer
Sewer: Public Sewer

Days on Market

Cumulative Days on Market: 107

Property Information

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

Price & Status

Price
List Price: $3,200,000Price Per Sqft: $496/sqft
Status Change & Dates
Off Market Date: Fri Dec 05 2025

Active Status

MLS Status: Sold

Location

Direction & Address
City: Ridgewood

Building

Building Area
Building Area: 5850 Square Feet

Community

Not Senior Community

Lot Information

Lot Area: 2500 sqft

Listing Info

Special Conditions: None

Offer

Listing Agreement Type: Exclusive Right To Sell

Miscellaneous

BasementMls Number: 927797Attribution Contact: 718-609-0800Showing Requirements: Call Listing Agent
Last check for updates: about 4 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

Price History for 1701 Gates Avenue

DatePriceEventSource
02/12/2026$2,900,000Sold
OneKey® MLS as distributed by MLS GRID #927797
12/09/2025$3,200,000PendingOneKey® MLS as distributed by MLS GRID #927797
12/05/2025$3,200,000ListingRemovedOneKey® MLS as distributed by MLS GRID #927797
10/23/2025$3,200,000Listed For SaleOneKey® MLS as distributed by MLS GRID #927797
10/23/2025$3,200,000ListingRemovedOneKey® MLS as distributed by MLS GRID #903306
08/20/2025$3,200,000Listed For SaleOneKey® MLS as distributed by MLS GRID #903306
03/22/2023ListingRemovedOneKey® MLS as distributed by MLS GRID #3434813
10/04/2022$2,999,888Listed For SaleOneKey® MLS as distributed by MLS GRID #3434813
09/20/2022ListingRemovedOneKey® MLS as distributed by MLS GRID #3384602
03/20/2022$2,999,888Listed For SaleOneKey® MLS as distributed by MLS GRID #3384602
03/17/2022ListingRemovedOneKey® MLS as distributed by MLS GRID #3365204
12/16/2021$2,999,888Listed For SaleOneKey® MLS as distributed by MLS GRID #3365204

Market trends in New York

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$767K
$4.33KMoM
Sale-to-List Price
97.9%
0.1%MoM
Price per sq ft
$653
$10MoM
Available listings
18631
48MoM
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Property Tax and Assessment

Year2020
Tax$20,503
Assessment$659,000
Home facts updated by county records

Comparable Sales for 1701 Gates Avenue

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
1714 Gates Ave, Ridgewood, NY
0.04
Multi-Family Home
$950,000
10/30/25
18
6
5,600
1691 Linden Street, Flushing, NY
0.05
Multi-Family Home
$1,630,000
02/10/26
6
3
3,318
1816 Woodbine Street, Flushing, NY
0.17
Multi-Family Home
$1,044,750
05/12/26
8
4
2,600
1745 Grove Street, Flushing, NY
0.11
Multi-Family Home
$2,350,000
04/07/26
6
2
1,876

Nearby homes

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Assigned Schools

These are the assigned schools for 1701 Gates Avenue.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

Ridgewood
See Local Highlights
Neighborhood stats provided by third party data sources.

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.
  • augusto
    "to be with nice and quite people be friendle and polite so we could have the are safe at any time . taking care echo other is a good motive to be in peace."
    0
    Flag
  • Anna
    "Schools everywhere within walking distance. Trains within walking distance but it’s an urban community, one should expect lots of noise and the hustle and bustle."
    0
    Flag
  • Monica Santana
    "When I used to live there, my commute was pretty manageable. I usually took the bus or drove, and it took about minutes/hours each way. I got used to the routine and planned ahead to avoid delays. And the commute feel safe and comfortable "
    1
    Flag
  • Samissacat
    "Every year there is a fair for the neighborhood also every Memorial Day they have a parade that travels around Brooklyn and queens "
    0
    Flag
  • Tonjustin
    "It’s a home away from home. You’re close to everything but still far away. It’s very quiet and peaceful. Even with all the newer people moving in. The community feels very strong over here"
    1
    Flag
  • Jeffrey Andreu
    "Still a very calm and peaceful neighborhood. The minute you leave these blocks it’s a complete circus. "
    4
    Flag
  • Jacqueline DeJesus
    "Nice and friendly Neighbourhood The schools are nice. Get to know the Neighborhood and Neighborhood get to know you. "
    1
    Flag
  • Angel Cohetero
    "I lived in this neighborhood for 10 years now and i feel like its a pretty good neighborhood to live in and i enjoy hanging out here"
    8
    Flag
  • Alyssahack
    "In the summer streets are blocked off for vendors, activities for kids, etc and there are multiple events in Maria Hernandez park throughout the year"
    0
    Flag
  • Ridgewoodguy
    "The neighborhood is so dirty. There is trash everywhere. You need to constantly be on alert to what your dog may step in or put in their mouth. "
    1
    Flag
  • Anna
    "There is no train nearby, to find a train you have to walk at least 10 minutes, or take a bus to the train. But you need to have bus schedule handy because the bus is very slow since it’s on a very busy avenue and makes every single stop on the route to pick up and drop off passengers. "
    3
    Flag
  • Meagan1430
    "I come to this area frequently as I sometimes work in the train station that’s in the neighborhood "
    2
    Flag
  • Miff89100
    "Easy access best of all nyc city . In regards to subway l train nearby m train nearby . Multiple bus routes . Car traveling can be in Bronx , manhattan, Brooklyn, Long Island, statin island in less then 30 mins . Central heart of 5 boroughs"
    0
    Flag
  • Trulia User
    "Good and pleasant surprise not traffic little slow but good morning my beautiful friend and beautiful "
    1
    Flag
  • Trulia User
    "it's ok, there is no much place for kids for extra play, like swimming pool , or gymnastics. Aeria is expensive in grocery store and parking space to find it's difficult but I love live here "
    0
    Flag
  • Trulia User
    "Great place to live, pretty quiet, parking is tough if you are not familiar with the area. There are some good restaurants in the area. "
    0
    Flag
  • Trulia User
    "It is easy if you know MTA train or the bus systems. Definitely a long ride into the city. The closer you are to a train station the better. "
    0
    Flag
  • Trulia User
    "There are many ways and opportunities to access public transportation. The usual trip into the city is usually comfortable with seats available but considerably less seating availability during heavy rush hours. "
    0
    Flag
  • Trulia User
    "Haven’t heard of any complaints of dog owner. There’s a dog park around and a lot of people have dogs. Everyone is friendly and gentle. I myself have a dog and I love living around this area. People are always walking their dogs around "
    2
    Flag
  • Trulia User
    "Many parks to go around. There are plenty of restaurants. If you do like to go take subways. It’s right there"
    0
    Flag
  • Trulia User
    "It is good area but hard to find parking Public transportation is available . Easy shopping for vegetables and fruit "
    0
    Flag
  • Trulia User
    "The parks are very limited around Fresh Pond Road. But if u go to Juniper Park near the cemetery is a great park. Hidden area but a fantastic park. And totally enjoy going there. Juniper Park"
    0
    Flag
  • Trulia User
    "nothing. its just as quiet as a mouse in labor. the streets are quirt and the street sre somewhat better lit tham the usual"
    2
    Flag
  • Trulia User
    "Beautiful, quiet tree lined streets where you feel safe. Almost like being in the burbs but just a quick train ride to the city. "
    0
    Flag
  • Trulia User
    "there are many family, people are so friendly, have so many parks, they have pools for all communities. I like this area. "
    0
    Flag
  • Trulia User
    "Diverse , friendly , places to eat and drink. Tree lined blocks area has great schools both public and private. Nice parks too."
    3
    Flag
  • Parragatruckingllc
    "It’s pet friendly. They would like it. A lot of people have dogs. Not really anything they wouldn’t dislike. "
    1
    Flag
  • Alessandra U.
    "Not too much green space, but some. Not sure what the school districts are like here either. I see lots of kids walking around."
    6
    Flag
  • Trulia User
    "Good stuff! I like the vibe. Good gyro and good grocery. It is safe and clean. Cemeteries are cool too."
    10
    Flag
  • Julius O.
    "Great neighborhood plenty of family owned restaurants and businesses. Overall great community and great place to live "
    1
    Flag
  • Arkadiusz K.
    "Once a year there’s a street market on the end of summer and whole community have a chance to celebrate "
    4
    Flag
  • Selso J.
    "People are educated and respectful regarding to cleaning after and also there are parks around to take them "
    0
    Flag
  • Laurenurban57
    "There are lots of dogs in the neighborhood, but no dog parks or dog runs. It is easy to find good places for walks, though."
    0
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  • Aszczepaniak
    "its Depending on which block do You life,Ridgewood is melting pot with big population of latino. RIDGEWOOD is overcrowded with many people move in and move out.Its not clean because of high traffic and very low manner of people."
    0
    Flag
  • Ximena E.
    "There are multiple zone schools around the neighborhood. Also a couple of playgrounds and parks. If you have a pet there are doggie parks. "
    0
    Flag
  • Luseana S.
    "The business district has street fairs several times a year. Lots of restaurants and coffee shops in the neighborhood. "
    0
    Flag
  • Moretaf1991
    "Yearly Block parties street fairs Bbq events neighborhood gathering birthday parties hanging in the front steps getting to know one another "
    0
    Flag
  • Sava C.
    "Convenient shopping able to walk to church bus subway bank barber food store hardware store paint store school and many more !"
    0
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  • Lailani1107
    "we used to have a block party every summer, until a new resident complained and cancelled it. very special day for the street, but ever since it went away it feels more distant. we gotta get the culture and community back and better "
    0
    Flag
  • Maria S.
    "Library activities, apso for the people who is having problems with the owners , computer classes, kids story time"
    0
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Homes for sale near 1701 Gates Avenue

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Off Market Homes Near 1701 Gates Avenue

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Based on information submitted to the MLS GRID as of 2026-08-01 03:13:10 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