$2,700,000
Updated a year ago
Sold

161 Gates Ave

Clinton Hill, Brooklyn | Grand Ave & Downing Street

12 Rooms4 Beds4 Baths1,796 Square FeetMulti-Family

$2,700,000
floors / apts4 / 4
Lot Size19'8"x90'9"
Built Size19'8" wide
ZoneR6B
Building TypeTownhouse
RE Taxes$29,653
Price Per SF
$1,503

This property was sold for $2,325,000 on 07/17/25.

Building Amenities

  • Voice Intercom
  • Garden

Property Description for 161 Gates Ave

Discover this beautiful four-family townhouse in the highly sought-after neighborhood of Clinton Hill, Brooklyn. This property features four renovated one-bedroom apartments, each boasting hardwood floors, original finishes, and an abundance of natural light. The garden apartment offers the added luxury of a bonus room and an expansive outdoor space, perfect for entertaining or enjoying peaceful moments. All units are equipped with stainless steel appliances, ensuring modern convenience, and the entire property is fully tenanted with an average rent of $3,500 providing return on investment. Situated in a tree-lined area surrounded by classic brownstones, this vibrant community offers proximity to the Clinton-Washington C and G trains, as well as a variety of local restaurants and shops. Whether you're an investor or a future homeowner looking to settle in this charming neighborhood, this is a rare opportunity not to be missed!

Listing History for 161 Gates Ave

Now
07/17/2025
$2,325,000
Sold and Closed by James Wise
MYNY Residential
04/07/2025
Contract Signed by James Wise
MYNY Residential

Building Details for 161 Gates Ave

OwnershipMulti-Family
Building TypeTownhouse
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1918
Floors/Apts4/4
Learn More About the Building

Transit and Citi Bike

Subway

Clinton-Washington Avs
0.27 miles
Classon Av
0.27 miles
Franklin Av
0.35 miles
Clinton-Washington Avs
0.35 miles

Citi Bike

Cambridge Pl & Gates Ave
0.09 miles
Monroe St & Classon Ave
0.14 miles

Contact Agent

Contact Agent

Licensed As
James Wise
Salesperson
License#:
10401339320
Company:
MYNY Residential
James Wise
MYNY Residential

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.

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: 97965TH