$4,100,000
Updated 7 years ago
Off Market

1178 Gates Ave

Bushwick, Brooklyn | Bushwick Ave & Evergreen Ave

6,751 Square FeetIncome Property

$4,100,000
floors / apts4 / 8
Lot Size30'x100'
Built Size30'x60'
ZoneR6
Building TypeLow-Rise
RE Taxes$5,584
Price Per SF
$607

Outdoor space and views

  • Patio

Building Amenities

  • Voice Intercom
  • Laundry Room

Property Description for 1178 Gates Ave

B6 Real Estate Advisors has been retained on an exclusive basis to arrange for the sale of 1178 Gates Avenue, a newly constructed multifamily building located in the Bushwick neighborhood of Brooklyn. • 1178 Gates Avenue is a new-construction walk-up building spanning approx. 6,750 SF located on the east side of Gates Avenue between Bushwick Avenue and Evergreen Avenue. • The 4-story building has a total of eight (8) units, comprised of four (7) two-bedroom and one (1) three-bedroom residential apartments. • The building benefits from outdoor patio space, common area lounge, laundry room and individual central air conditioning and heat for each unit. • The property also benefits from proximity to many Bushwick’s already flourishing night life, retail and dining options. • The property is located one block from the Gates Avenue J and Z trains, providing convenient access to Williamsburg and Manhattan.

Listing History for 1178 Gates Ave

Now
01/13/2020
POM by DJ Johnston
B6 Real Estate Advisors
2020

Building Details for 1178 Gates Ave

OwnershipIncome Property
Building TypeLow-Rise
Service LevelVoice Intercom
AgePost-War
AccessWalk-up
Year Built1994
Floors/Apts4/8
Learn More About the Building

Transit and Citi Bike

Subway

Gates Av
0.2 miles
Halsey St
0.4 miles
Knickerbocker Av
0.48 miles

Citi Bike

Bushwick Ave & Linden St
0.1 miles
Madison St & Evergreen Ave
0.14 miles

Contact Agents

Contact Agents

DJ Johnston
B6 Real Estate Advisors
Jermaine Pugh
B6 Real Estate Advisors
William Cheng
B6 Real Estate Advisors

Bushwick | Brooklyn

Quick Profile

As one of the most diverse neighborhoods in New York, Bushwick offers a perfect snapshot of just how multicultural the city is. Long-established as an amalgam of cultures and ethnicities, a wave of varying types of immigrants trickled in from the seventeenth to twentieth centuries, with Bushwick largely becoming a home to Hispanics of Puerto Rican and Dominican backgrounds by the latter part of the twentieth century. 

With the Bushwick Initiative of the mid-00s that aided in revitalization, it became an attractive area to young professionals and artists. And even now, Bushwick has sustained affordable rent prices where other North Brooklyn counterparts, like Williamsburg and Greenpoint, have become more expensive. Priding itself on the weird and the wacky, numerous art collectives thrive in this part of Brooklyn, once famously named the seventh coolest neighborhood in the world by Vogue. 

Though it has drawn in many tourists in recent years (there’s even a graffiti tour you can take from the Bushwick Collective), the neighborhood remains very much community-oriented, and has not been subject to quite the same sort of corporate infiltration phenomenon of its nearby Williamsburg environs. 

But yes, of course, Bushwick has come a very long way from its 80s and 90s reputation as being “The Well,” a nickname given to it for its free-flowing and widely available amount of drugs (quantity over quality being the cliche applied here). 

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: 76400TH