Updated 17 hours ago
In contract
Clinton Hill, Brooklyn | Saint James Place & Cambridge Place
14 Rooms7 Beds8 Baths4,000 Square FeetIncome Property

$1,400,000
floors / apts5 / 8
Lot Size20'x75'8"
ZoneR6B
Building TypeTownhouse
RE Taxes$14,229
Price Per SF
$350

Building Amenities

  • Voice Intercom

Property Description

105 Gates Avenue is a five story townhouse on a quintessential Clinton Hill tree-lined block. Is this a turn-key house, ready for you to move right in, well-no. This is an amazing opportunity to develop a property in a historic Brooklyn neighborhood. All cash only, Delivered AS IS with three tenants. Currently configured as a 7 unit building (with a duplex garden and parlor floor apartment, and six junior one bedroom apartments-two per floor), it is a legal eight unit SRO building. There is a full cellar with a boiler that runs on oil. Buyer is responsible for obtaining a certificate of no harassment (CONH).

Listing History

Now
11/11/2020
Contract Signed by Sue Wolfe
Corcoran
09/30/2020
$1,400,000
Initial Price by Sue Wolfe
Corcoran

Building Details

OwnershipIncome Property
Building TypeTownhouse
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1931
Floors/Apts5/8
Learn More About the Building

Transit and Citi Bike

Subway

Clinton-Washington Avs
0.13 miles
Clinton-Washington Avs
0.27 miles
Classon Av
0.36 miles
Franklin Av
0.46 miles

Citi Bike

Cambridge Pl & Gates Ave
0.07 miles
Fulton St & Waverly Ave
0.14 miles
Washington Ave & Greene Ave
0.14 miles
3
20
0

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.

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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: 79790TH