Updated 9 months ago
Off Market
330 Gates Ave
Bedford Stuyvesant, Brooklyn | Bedford Ave & Nostrand Ave
12 Rooms6 Beds4 Baths3,550 Square FeetMulti-Family
$2,100,000
floors / apts3 / 3
Lot Size17'x100'
Built Size17'x54'
ZoneR6B
Building TypeTownhouse
RE Taxes$5,820
Price Per SF
$592
Outdoor space and views
- Backyard [17'x45']
- Patio
Building Amenities
- Voice Intercom
Property Description for 330 Gates Ave
330 Gates Avenue is a spacious three-family townhouse spanning approximately 3,550 square feet on one of the most desirable blocks at the Clinton Hill/Bed-Stuy border. The 18' x 54' building is configured as two three-bedroom, one-bathroom floor-through units above a two-bedroom, one-and-a-half-bathroom parlor/basement duplex.
Impeccably maintained and fully rented, the property generates over $100K in annual rental income with exceptionally low expenses, yielding a net income of approximately $90K. With a strong rent roll and significant upside potential, this is a secure investment opportunity. It also offers a fantastic option for an end-user looking to live in the duplex while earning over $5,000 per month from the upper units.
This property could also be purchased with the adjacent identical building, 332 Gates, to create a massive single-family home, a larger development site, or an opportunity to acquire six totally unregulated apartments.
Ideally located near the G and C trains, the home provides easy access to Barclays Center, BAM, Pratt Institute, and Fort Greene Park. The neighborhood's vibrant dining and nightlife scene includes Speedy Romeo, Harts, The Fly, Bar Bolinas, Tepango, The Finch, and Roman's.
Listing History for 330 Gates Ave
Now
11/26/2025
POM by Alexander Maroni
Douglas Elliman
10/14/2025
$2,100,000 [-$200,000] [8.7%]
Price Drop by Alexander Maroni
Douglas Elliman
Building Details for 330 Gates Ave
OwnershipMulti-Family
Building TypeTownhouse
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1910
Floors/Apts3/3
Transit and Citi Bike
Subway
Bedford-Nostrand Avs
0.27 miles
Franklin Av
0.36 miles
Nostrand Av
0.4 miles
Classon Av
0.41 miles
Citi Bike
Monroe St & Bedford Ave
0.05 miles
Franklin Ave & Quincy St
0.19 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: 79903TH
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