$2,700,000
Updated 4 years ago
Sold

306 Gates Ave

Bedford Stuyvesant, Brooklyn | Franklin Ave & Bedford Ave

16 Rooms6 Beds5 Baths3,780 Square FeetMulti-Family

$2,700,000
floors / apts4 / 5
Lot Size21'x100'
Built Size21'x45'
ZoneR6A
Building TypeTownhouse
RE Taxes$5,688
Price Per SF
$714

This property was sold for $2,585,000 on 11/07/22.

Outdoor space and views

  • Backyard
  • Patio

Property Description for 306 Gates Ave

306 Gates Avenue is a fantastic, newly renovated 5 unit townhouse on a classic Brooklyn tree-lined street filled early 20th Century brown-stones in prime Bedford Stuyvesant, just east of its border with Clinton Hill. Currently a legal 4-unit building, 306 Gates, has been re-configured with 5 apartments including 2 bedroom apartments on both the parlor and second floors, a studio and a 1-bedroom on the top floor and a large 1-bedroom garden apartment with access to a private back yard. The building is 21' wide and approximately 40' deep and sits back 20' on its lot providing a gated ground level patio - just the place to park your bike or hang out on a nice day. A full basement provides excellent storage. Newly completed renovations include oil to gas conversion, new kitchens with quartz countertops, shaker cabinets and stainless steel appliances; newly installed washer/ dryers in each apartment; marble tile baths with updated vanities; overhead light fixtures, and rebuilt interior wooden stair cases and outdoor staircase to the main entrance. 100% Free market as all units are being delivered vacant. This is a wonderful opportunity for anyone looking for a solid investment with good appreciation. You can Create your dream multi-plex apartment or consider it for a condo conversion. Several transit options, including G train stations at both Classon and Nostrand Avenues, the C train at Franklin Avenue, the A and C at Nostrand Avenue, the Franklin Avenue Shuttle, and the B52 bus provide easy commuting to Manhattan, Downtown Brooklyn or Long Island City. Local highlights include the Herbert Von King Dog Run Park, Home Depot, Pratt Institute campus, Planet Fitness, Clementine Bakery, Pilar Cuban Eatery, Playground Coffee, the Green Food Supermarket and a host of restaurants, cafes and local shops that line Bedford Avenue. Please feel free to stop by our Open houses and view 306 Gates Avenue.

Listing History for 306 Gates Ave

Now
11/07/2022
$2,585,000
Sold and Closed by Fern Hamberger
Corcoran
08/15/2022
Contract Signed by Fern Hamberger
Corcoran

Building Details for 306 Gates Ave

OwnershipMulti-Family
Building TypeTownhouse
AgePre-War
AccessWalk-up
Year Built1920
Floors/Apts4/5
Learn More About the Building

Transit and Citi Bike

Subway

Bedford-Nostrand Avs
0.29 miles
Franklin Av
0.31 miles
Classon Av
0.36 miles
Nostrand Av
0.42 miles

Citi Bike

Monroe St & Bedford Ave
0.06 miles
Franklin Ave & Quincy St
0.12 miles

Contact Agents

Contact Agents

Licensed As
Fern S Hamberger
Associate Broker
License#:
30HA1040502
Company:
Corcoran

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: 77951TH