$3,150,000
Updated 10 years ago
Sold

113 Gates Ave

Clinton Hill, Brooklyn | Saint James Place & Cambridge Place

8 Beds5 Baths4,200 Square FeetMulti-Family

$3,150,000
floors / apts4 / 5
Lot Size20'x100'
Built Size20'x50'
ZoneR6B
Building TypeTownhouse
RE Taxes$21,996
Price Per SF
$750

Outdoor space and views

  • Backyard
  • Patio

Building Amenities

  • Stoop Entry

Property Description for 113 Gates Ave

Brownstone Living with Substantial Income!

Welcome to 113 Gates Ave, a majestic landmark brownstone with a beautiful facade and curb appeal situated on a quiet beautiful tree lined block. With over 4000 sf of living space the building offers 5 legal floor-thru market rate apts that can be kept as is or converted to a different configuration. The garden floor-thru apt is set up as a 1 bedroom apt with a large recreational space/studio in the cellar with access to the backyard. The parlor floor is set up as a 1 bedroom apt also with access to the backyard. Floors 3, 4 & 5 are all 2 bedrooms/1 bath apts. Each apt is separately metered with tenants paying for all utilities.

The current rent roll of $11600/month is below market and can be raised to reflect current market rates for the neighborhood. Perfectly located in prime Clinton Hill near all transportation and restaurant scene.

Listing History for 113 Gates Ave

Now
02/09/2017
Sold and Closed by Choudry Akhtar
New York Dwellings
01/20/2017
Contract Signed by Choudry Akhtar
New York Dwellings

Building Details for 113 Gates Ave

OwnershipMulti-Family
Building TypeTownhouse
AgePre-War
AccessWalk-up
Year Built1930
Floors/Apts4/5
Learn More About the Building

Transit and Citi Bike

Subway

Clinton-Washington Avs
0.16 miles
Clinton-Washington Avs
0.27 miles
Classon Av
0.34 miles
Franklin Av
0.44 miles

Citi Bike

Cambridge Pl & Gates Ave
0.04 miles
Washington Ave & Greene Ave
0.15 miles

Contact Agent

Contact Agent

Licensed As
Choudry Kasif Akhtar
Broker
License#:
10311204295
Company:
New York Dwellings
Choudry Akhtar
New York Dwellings

Clinton Hill | Brooklyn

Quick Profile

Tucked behind the Brooklyn Navy Yard in central Brooklyn is the quiet residential neighborhood of Clinton Hill. Once a strictly working-class neighborhood, Clinton Hill has become known for its elegant brownstones and stately mansions that were built as Manhattanites crossed the East River in the 1920s in search of the supposed health benefits that came from living “on the hill,” which has an elevation of 95 feet. Now you will also find newer luxury apartment and condo buildings interspersed throughout the neighborhood.

The Pratt Institute and St. Joseph College give the area a certain energy that comes from having a college in your town, while it’s leafy streets, some with their original cobblestones, and slower pace attract young families. Millennials and professionals are flocking to Clinton Hill in search of a reasonably priced neighborhood that offers both nightlife and an easy commute to Manhattan. Clinton Hill is a beautiful neighborhood with a suburban feel and firm roots in its past that also offers plenty of urban amenities.

New businesses are showing up in Clinton Hill on a regular basis, adding to the current proliferation of coffee shops, restaurants, and bars. As the population changes, new entertainment and nightlife venues are migrating to the area to meet the demand. Barclays Center is within easy walking distance, offering exciting sporting events and concerts.

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 65305TH