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311 Saint Nicholas Avenue, #3H Unit #3H, Ridgewood
$598,000
1 Beds ⋅ 1 Baths ⋅ 11983670 MLS
Welcome to Unit 3H at Gates Tower Condominium, a bright and spacious 1-bedroom, 1-bathroom home offering approximately 608 square feet of living space plus a private balcony. Located on the third floor of a 24-unit elevator condominium built in 2011, the residence sits on a 13,453-square-foot corner lot at St. Nicholas Avenue and Gates Avenue, where Ridgewood meets Bushwick. The open-concept kitchen, dining, and living area features hardwood floors and large windows that bring in abundant natural light. The kitchen offers stainless-steel GE appliances, including a dishwasher, full-size refrigerator, and range with exterior exhaust, along with a tiled backsplash and built-in wine rack. The bedroom comfortably accommodates a queen-size bed and offers a deep closet for storage. The fully tiled bathroom includes a full bathtub, sink, toilet, heater fan, and vent. Step outside from the living room onto approximately 50 square feet of private balcony space, facing toward Manhattan with trees, open sky, and room for a table and chairs. The balcony and living room enjoy excellent natural light throughout the day, creating a comfortable indoor-outdoor living experience. Gates Tower offers an elevator, key-fob entry, video intercom, basement laundry, and a live-in superintendent. The gated property has controlled access from both St. Nicholas Avenue and Gates Avenue. As a condominium, the purchase process does not require traditional condo board approval. Conveniently located approximately two blocks from Myrtle-Wyckoff Avenue, with easy access to the L and M subway lines. Food Bazaar, CVS, Starbucks, Planet Fitness, restaurants, cafés, and neighborhood shopping are all nearby, with Target and Burlington among the major retailers planned for the surrounding area. With low common charges, just $186/month and low current property taxes $339/month, this home offers an attractive combination of generous living space, private outdoor space, elevator access, and manageable monthly carrying costs in a well-connected Ridgewood/Bushwick location.

311 Saint Nicholas Avenue, #3H Unit #3H, Ridgewood

59-51 Madison St, Ridgewood
$995,000
12 Beds ⋅ 6 Baths ⋅ 11777765 MLS
Presenting a well-maintained six-family property located in one of Ridgewood's most desirable and convenient neighborhoods. This fully occupied building offers immediate, stable rental income. The property features modern apartments, including a brand-new renovation in Apartment 2L, enhancing both value and tenant appeal. Two of the units are lead-free, providing added peace of mind and compliance benefits. The building is equipped with 200-amp electrical service, supporting today's energy demands efficiently. Ideally situated near public transportation, shopping, dining, and local amenities, this location continues to attract high tenant demand, making it a solid long-term investment. Whether you're expanding your portfolio or entering the multifamily market, this Ridgewood property offers a compelling combination of location, condition, and income potential.

59-51 Madison St, Ridgewood

959 Seneca Avenue, Ridgewood
$970,000
6 Baths ⋅ 11737998 MLS
CLEAN FULLY LEASED SIX-UNIT RENT-STABILIZED BUILDING IN PRIME RIDGEWOOD Six-unit residential building Located in prime Ridgewood Total building size: 5,850 sq ft Lot dimensions: 26 x 107.33 (2,791 sq ft) Fully leased with strong in-place income. Based on the upcoming renewals of units 1R, 1L, 2L, 3R Six residential units (all occupied) All units rent-stabilized Building features: Brand new appliances Remodeled kitchens & bathrooms Digital doorman system Average unit size: ~975 sq ft, with three-bedroom and two-bedroom layouts. Built in 1931 2A Tax Class: capped annual tax increases Low annual property taxes: ~$17,070 Additional buildable area: ~2,500+ sq ft (FAR 3) 5-minute walk to Myrtle-Wyckoff L & M trains. 7.22% Actual Cap Rate.

959 Seneca Avenue, Ridgewood