1864 Gates Avenue in Ridgewood offers a development-ready parcel in one of Queens’ most dynamic residential and mixed-use neighborhoods. This lot measures approximately 0.06 acres and is zoned R5B, which allows for medium-density residential use with a height limit of 40 feet. The site’s zoning and dimensions provide flexibility for constructing multifamily housing, a townhouse, or a mixed-use configuration subject to applicable regulations. The property’s location benefits from strong market fundamentals, including proximity to Myrtle Avenue’s retail corridor, local dining establishments, and neighborhood amenities. Ridgewood continues to attract both investors and end-users due to its connectivity to Manhattan and Brooklyn via multiple subway lines, including the M train nearby. The surrounding area offers a vibrant mix of residential blocks, local businesses, and cultural landmarks, contributing to sustained tenant demand and long-term growth potential. Immediate access to major arteries enhances mobility, while the area’s infrastructure supports future value creation through redevelopment. This investment opportunity suits developers and investors looking to capitalize on Ridgewood’s ongoing evolution and demographic strength.