$1,650,000
Updated 10 months ago
Sold

1597 Gates Ave

Bushwick, Brooklyn | Wyckoff Ave & Saint Nicholas Ave

8 Beds6 Baths5,370 Square FeetMixed Use

$1,650,000
floors / apts2 / 2
Lot Size25'x100'
ZoneC1-3
Building TypeLow-Rise
RE Taxes$31,647
Price Per SF
$307

This property was sold for $1,400,000 on 10/31/25.

Property Description for 1597 Gates Ave

**Hot Deal - Rental King, Ridgewood**: 3 Storefronts + 2 Residential Units for Sale **Front Building**: - Ground Floor: Storefront - Second Floor (Front): 1Bedrooms, 1 Bathroom - Rear Unit: 1 Bedrooms, 1 Bathroom - Beautifully finished basement with high ceilings **Rear Building**: - Ground Floor: 2 Bedrooms, 1 Bathroom - Second Floor: 2 Bedrooms, 1 Bathroom - Basement: full finish basement Total Area: 5,370 sq. ft. Excellent condition! Recently fully renovated, move-in ready. **Zoning**: C1-3, R6 – Mixed-use zoning for 3 storefronts and 2 residential units. An exceptional investment opportunity! **Utilities**: Stable rental income with 6 electric meters and 5 gas meters. **Prime Location**: - Across from Food Bazaar - Close to banks, pharmacies, supermarkets, gyms, and restaurants. **Convenient Transportation**: - Only a 3-minute walk to the L train with direct access to Manhattan. good investment opportunities. Must see, Easy show

Listing History for 1597 Gates Ave

Now
10/31/2025
$1,400,000
Sold and Closed by Kit L. Leung
B Square Realty
06/28/2025
Contract Signed by Kit L. Leung
B Square Realty

Building Details for 1597 Gates Ave

OwnershipMixed Use
Building TypeLow-Rise
AgePost-War
AccessWalk-up
Year Built2021
Floors/Apts2/2
Learn More About the Building

Contact Agents

Contact Agents

Kit Leung
B Square Realty
Licensed As
Eva Y. Ma
Salesperson
License#:
10401320437
Company:
B Square Realty
Eva Ma
B Square 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: 99135TH