Updated 8 years ago
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962 Gates Ave
Bedford Stuyvesant, Brooklyn | Patchen Ave & Ralph Ave
11 Rooms7 Beds4 Baths3,350 Square FeetMulti-Family
$1,575,000
floors / apts3 / 2
Lot Size19'x100'
Built Size19'x30'
ZoneR6A
Building TypeTownhouse
RE Taxes$2,928
Price Per SF
$470
This property was sold for $1,575,000 on 08/20/18.
Outdoor space and views
- Backyard
- Deck
- Frontyard
Building Amenities
- Voice Intercom
- Garden
Property Description for 962 Gates Ave
Welcome to 962 Gates Avenue, the largest fully renovated 2-family 3-story townhouse on the market in the sought-after neighborhood of Bedford-Stuyvesant.
This oversized townhouse of over 3,350 square feet has un-rivaled dimensions of 19.5’ x 57.5’ on a 19.5’ x 100’ lot. In addition, it includes a fully finished basement of 550 square feet. The house consists of a massive light-filled 2,243 square foot upper duplex and a 1,123 square foot floor-through garden apartment with private access to the additional basement.
The upper duplex begins with an impressive open living/dining/kitchen lay out of 750 square feet with 2 gorgeous marble fireplace mantels. Off the back of the open concept chef kitchen is an art room leading to a private deck overlooking the back garden. The rest of the apartment boasts 4 oversized bedrooms, 3 full bathrooms, 11-foot high ceilings on the parlor floor and 10-foot high ceilings on the top floor. The garden floor apartment features 3 generous bedrooms, an open chef kitchen with stainless steel appliances, a very large living/dining room, private access to a 550 square feet south-facing garden and its own fully finished basement currently used as a music studio. Exposed brick walls throughout the house add charm and character to both apartments which are also equipped with central air, personal thermostats and their own washer/dryers.
The house was renovated in 2014/2015 and includes new mechanicals, high efficiency HVAC systems, new water boilers and new plumbing and electrical systems. Each apartment is separately metered for gas and electric.
962 Gates Avenue is ideally located one block away from the J/M/Z train (Gates Ave train station), and minutes from the express A/C train (Utica train station) allowing for easy access to the city. It is also a stone throw way from the neighborhood favorites such as Saraghina, Peach, L’Antagoniste, Casablanca, The Wilky, Bar Lunatico, Manny’s and Chez Alex Bakery.
This is a rare turnkey opportunity for whether a family who would live in one of the apartments and collect high rental income from the other apartment or an investor who would collect over $86,000 per year in rental income. The house benefits from a R6A zoning with a an attractive FAR of 3.0 and has additional air rights of up to 2,600 square feet.
This oversized townhouse of over 3,350 square feet has un-rivaled dimensions of 19.5’ x 57.5’ on a 19.5’ x 100’ lot. In addition, it includes a fully finished basement of 550 square feet. The house consists of a massive light-filled 2,243 square foot upper duplex and a 1,123 square foot floor-through garden apartment with private access to the additional basement.
The upper duplex begins with an impressive open living/dining/kitchen lay out of 750 square feet with 2 gorgeous marble fireplace mantels. Off the back of the open concept chef kitchen is an art room leading to a private deck overlooking the back garden. The rest of the apartment boasts 4 oversized bedrooms, 3 full bathrooms, 11-foot high ceilings on the parlor floor and 10-foot high ceilings on the top floor. The garden floor apartment features 3 generous bedrooms, an open chef kitchen with stainless steel appliances, a very large living/dining room, private access to a 550 square feet south-facing garden and its own fully finished basement currently used as a music studio. Exposed brick walls throughout the house add charm and character to both apartments which are also equipped with central air, personal thermostats and their own washer/dryers.
The house was renovated in 2014/2015 and includes new mechanicals, high efficiency HVAC systems, new water boilers and new plumbing and electrical systems. Each apartment is separately metered for gas and electric.
962 Gates Avenue is ideally located one block away from the J/M/Z train (Gates Ave train station), and minutes from the express A/C train (Utica train station) allowing for easy access to the city. It is also a stone throw way from the neighborhood favorites such as Saraghina, Peach, L’Antagoniste, Casablanca, The Wilky, Bar Lunatico, Manny’s and Chez Alex Bakery.
This is a rare turnkey opportunity for whether a family who would live in one of the apartments and collect high rental income from the other apartment or an investor who would collect over $86,000 per year in rental income. The house benefits from a R6A zoning with a an attractive FAR of 3.0 and has additional air rights of up to 2,600 square feet.
Building Details for 962 Gates Ave
OwnershipMulti-Family
Building TypeTownhouse
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1899
Floors/Apts3/2
Transit and Citi Bike
Subway
Gates Av
0.17 miles
Kosciuszko St
0.36 miles
Halsey St
0.49 miles
Citi Bike
Monroe St & Patchen Ave
0.1 miles
Grove St & Broadway
0.14 miles
Bedford Stuyvesant | Brooklyn
Quick Profile
Known for its historic brownstones and tight-knit enclave, Bed-Stuy has increasingly left behind its early reputation for being a “bedroom community” and transcended into a highly desirable neighborhood.
Distinct for its aesthetic, it is populated with ornate buildings characterized by cornices, friezes, finials, fluting and other marks of classic architecture. Built up during the period from 1870 to 1900, its historic district runs to the north of Jefferson Avenue, to the east of Malcolm X Boulevard and to the west of Tompkins Avenue.
At one point known as “Brooklyn’s Little Harlem,” the shape of the area has shifted toward attracting a wider demographic of people thanks to the influx of bars, restaurants, antique furniture stores and vintage boutiques. More police enforcement paired with the decline of the crack epidemic at the beginning of the 2000s also opened the door for increased development, as well as the occupation of formerly abandoned buildings and spaces.
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: 48272TH
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