Updated 5 years ago
Sold
898 Gates Ave
Bedford Stuyvesant, Brooklyn | Malcolm X Blvd & Patchen Ave
10 Rooms6 Beds4 Baths2,800 Square FeetMulti-Family
$1,560,000
floors / apts4 / 2
Lot Size20'x100'
Built Size20'x35'
ZoneR6A
Building TypeTownhouse
RE Taxes$2,975
Price Per SF
$557
This property was sold for $1,560,000 on 02/10/22.
Building Amenities
- Garden
Property Description for 898 Gates Ave
Welcome to 898 Gates Avenue; an immaculately well-kept 20?-wide legal two-family townhouse originally built in 1899, currently being used like a three in the heartbeat of Bedford-Stuyvesant. This charming home offers a sprawling two-bedroom, two-bathroom lower duplex with a windowed eat-in-kitchen, private garden, wet bar, laundry, original fireplace mantel details & cellar access. The top two floors offer the opportunity to use an upper duplex featuring an open kitchen with granite island & countertops, warm exposed brick detail, crisp plank flooring, along with two generously proportioned bedrooms, two full bathrooms & home offices.
898 Gates Avenue is a tremendous opportunity to own a multi-family townhouse in arguably one of Brooklyn?s hottest neighborhoods at an incredible value! Enjoy low taxes & premium building proportions for a savvy investment. With an FAR (floor-area-ratio) of 3, you also have approximately 3,200 buildable square feet to expand on your home even further, paving the way for a potential condo conversion as well. The opportunities are endless while being within the epicenter of Brooklyn and close proximity to neighborhood amenities such as cafes, restaurants, parks, transportation & many more.
Contact us today for a private tour!
Listing History for 898 Gates Ave
Now
02/10/2022
$1,560,000
Sold and Closed by Daniel Kandinov
Corcoran
2022
Building Details for 898 Gates Ave
OwnershipMulti-Family
Building TypeTownhouse
AgePre-War
AccessWalk-up
Year Built1899
Floors/Apts4/2
Transit and Citi Bike
Subway
Gates Av
0.32 miles
Kosciuszko St
0.33 miles
Citi Bike
Monroe St & Patchen Ave
0.08 miles
Lexington Ave & Patchen Ave
0.13 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: 82449TH
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