2052 Gates Avenue, Ridgewood, NY 11385 - Photo 1

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$1,049,000 -$150,000 (-12.51%) Price Reduced

For Sale
Active
Commercial
Updated 6 days ago

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Property Description

Welcome to spacious 6-family, rent-stabilized building at 2052 Gates Ave, perfectly positioned in the heart of vibrant Ridgewood. Located on a tree-lined block surrounded by neighborhood shops, caffes, and restaurants, this property offers the best of Queens living with excellent transportation options. The M and L trains are both nearby, providing quick, convenient access to Manhattan and the rest of the city. The building features: * Six railroad-style units * Two vacant apartments, ideal for an owner-occupant * Four occupied units generating steady rental income * Great opportunity to live in one unit and let the others pay your mortgage With two vacancies, this is an excellent chance for an owner-user to secure a home in Ridgewood while benefiting from reliable cash flow from the remaining rent-stabilized units. Whether you're an end-user or investor, 2052 Gates Ave combines location, stability, and upside in one compelling package.

Full Property Details

Full Property Details for 20-52 Gates Ave

General

Price: $1,049,000
Taxes: $19,032
Status: Active
Type: Commercial
Source: Long_Island
MLS ID: 937353
Updated: 1/11/2026
Added to Site: 59 day(s) ago

Parking

Parking Features: None

Location

County: Queens

Heating & Cooling

Cooling Type: Wall/Window Unit(s)
Heating Type: Natural Gas

Utilities

Sewer: Public Sewer
Water: Public
Utility Description: Electricity Connected, Natural Gas Connected, Sewer Connected, Trash Collection Public, Water Connected

Structural Information

Detached/Attached: Attached
Construction: Brick
Basement: Yes
Basement Desc.: Full Basement
Building Size: 5600
Square Feet: 5,600
Year Built: 1930

Lot Features

Lot Size (Acres): 0.0629
Lot Size (Sq. Ft.): 2,742

Financial Considerations

Tax Amount: $19,032.2

Disclosures and Reports

Special Conditions: None
Property ID: 03486-0026

Listed by Trademarko Realty Inc

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— 20-52 Gates Ave —

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718-502-5141

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Schools

Schools serving 20-52 Gates Ave

School District:New York City Geographic School District 24

Name	Grades	Distance
Ps 71 Forest 62-85 Forest Ave, Queens, NY 11385	PK-6	0.3 mi
Is 93 Ridgewood 66-56 Forest Ave, Queens, NY 11385	6-8	0.1 mi
Grover Cleveland H.S. 21-27 Himrod St, Queens, NY 11385	9-12	0.4 mi

Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 20-52 Gates Ave Get Price Alerts and Save Property

Date

Details

Price

Change

Source

1/11/2026

Price Reduced

$1,049,000

-12.51%

MLS

11/19/2025

Listed

$1,199,000

—

MLS

Get Price Alerts and Save Property

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History

Tax History for 20-52 Gates Ave

Year

Property Taxes

Change

Tax Assessment

Change

2025

$19,649

3%

$157,192

-63%

2024

$19,032

8%

$421,200

199%

2023

$17,628

10%

$140,998

-61%

2022

$16,019

8%

$361,350

12%

2021

$14,833

-2%

$323,100

-9%

2020

$15,082

3%

$354,600

5%

2019

$14,606

14%

$338,580

212%

2017

$12,776

—

$108,460

8%

2017

$12,776

7%

$100,449

8%

2016

$11,991

—

$93,015

—

2015

$11,983

9%

$93,013

3%

2014

$10,967

6%

$90,079

8%

2013

$10,380

—

$83,431

—

View All

Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost

Estimate the Cost for 20-52 Gates Ave

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2052 Gates Avenue, Ridgewood, NY 11385 (MLS# 937353) is a Commercial property. 2052 Gates Avenue is currently listed for $1,049,000 and was received on November 19, 2025. Want to learn more about 2052 Gates Avenue? Do you have questions about finding other Commercial real estate for sale in Ridgewood? You can browse all Ridgewood real estate or contact a Coldwell Banker agent to request more information.

20-52 Gates Ave Ridgewood, NY 11385