$2,500,000
Updated 11 years ago
Off Market
498-510 Gates Ave
Bedford Stuyvesant, Brooklyn | Tompkins Ave & Marcy Ave
Mixed Use
$2,500,000
Building TypeDevelopment Site
Building Amenities
- Elevator
Property Description for 498-510 Gates Ave
> This is a wide residential-zoned lot with a 135 ft of frontage on Gates Avenue, recently upzoned to R6A, with a 3.0 FAR, buildable up to 40,050 SF.
> "" 10 minute walk to transportation via A/C train at Nostrand Avenue Station.
> "" The development site is offered separately or as a package with the adjacent 33,500 SF building, which would be delivered vacant.
Listing History for 498-510 Gates Ave
Now
10/11/2009
POM by Michael Amirkhanian
Cushman & Wakefield
07/13/2009
Exclusive Expired by Michael Amirkhanian
Cushman & Wakefield
Building Details for 498-510 Gates Ave
OwnershipMixed Use
Building TypeDevelopment Site
Transit and Citi Bike
Subway
Bedford-Nostrand Avs
0.45 miles
Nostrand Av
0.48 miles
Citi Bike
Marcy Ave & Gates Ave
0.07 miles
Monroe St & Tompkins Ave
0.07 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: 28140TH
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