$1,820,000
Updated 3 years ago
Off Market

1307 Gates Ave

Bushwick, Brooklyn | Central Ave & Wilson Ave

3,900 Square FeetMulti-Family

$1,820,000
floors / apts3 / 3
Lot Size18'x103'
Built Size18'x50'
ZoneR6
Building TypeTownhouse
RE Taxes$8,210
Price Per SF
$467

Property Description for 1307 Gates Ave

Bushwick income producing property, Build in 2007, brick 3 family house with finished basement. and one parking space. Each Unit features 3 bedrooms and 1 bathroom and formal living room. Now 3 units are fully tenants occupants, very good and stable income, no lease, basement has separate entrance. Tenants are responsible for own utility bills. Don't miss out the opportunity.

Listing History for 1307 Gates Ave

Now
02/23/2023
POM by Xiao Xian Zhen
King Zone Realty
01/13/2023
$1,820,000
Initial Price by Xiao Xian Zhen
King Zone Realty

Building Details for 1307 Gates Ave

OwnershipMulti-Family
Building TypeTownhouse
AgePost-War
AccessWalk-up
Year Built2007
Floors/Apts3/3
Learn More About the Building

Transit and Citi Bike

Subway

Knickerbocker Av
0.31 miles
Myrtle-Wyckoff Avs
0.42 miles
Gates Av
0.43 miles

Citi Bike

Central Ave & Woodbine St
0.13 miles
Menahan St & Central Ave
0.13 miles

Contact Agents

Contact Agents

Xiao Xian Zhen
King Zone Realty
Larry Zhao
King Zone Realty

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: 89422TH