252 Gates was built in 1930, has 5 stories with a beautiful red-brick facade, and was converted to 3 luxurious condominium units in 2014. The building is self-managed, has good financials and extremely low monthlies. The basement of the house is split in thirds with each unit having a large storage space. The home is conveniently located on Gates Avenue between Franklin and Classon Avenue and very close to the C train, excellent dining, shopping, and nightlife on nearby DeKalb Ave, Franklin Ave, and Fulton Street.
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.