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. © 2025 OneKey™ MLS, LLC