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Map
$1,486,461*
●
Multifamily -
Off Market
422 1/2 Gates Ave
Brooklyn, NY 11216
Studio
0 Bath
$1,107,000 - $1,353,000
Reference Base Price*
20.85%
Since Jul 1, 2021
NY-New York
Primary Model
About This Property
NEW PROPERTY JUST BECAME AVAILABLE - PRIME AREA 422 1/2 GATES
AVENUE, BROOKLYN, 11216 THREE FAMILY BROWNSTONE
DELIVERED VACANT Block#: 1813 Lot #24
R6A Located in the upcoming Bedstuy-Clinton Hills area.
Built in 1931. There are three apartment; each
apartment has two bedrooms. This is an income producing
property. The property is located near
transportation, shopping and schools. This is a great income
producing property. Large backyard that is fenced.
Nearby schools include Ps 305 Dr Peter Ray School, Satellite
East Middle School and Boys and Girls High School. Comparable
nearby homes for sale include 329 Halsey St, 140 Madison St and
1171 Dean St. R6A: It may be possible to build
three additional floors. PRICE: $1.23M ALL CASH
CLOSE IN 30 DAYS PROOF OF FUNDS MUST BE PROVIDED BEFORE
VIEWING PROPERTY
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
Multifamily
Property Taxes
-
HOA Dues
-
Year Built
1931
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 11, 2021 | No longer available | - | |
| No longer available | |||
| Jan 20, 2021 | Price Decreased |
$1,230,000
↓ $70K
(5.4%)
|
|
| Price Decreased | |||
| Dec 12, 2020 | Price Decreased |
$1,300,000
↓ $200K
(13.3%)
|
|
| Price Decreased | |||
| Nov 24, 2020 | Listed | $1,500,000 | |
| Listed | |||
Property Highlights
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Sold
Building Sale
Stu
-
-
$1,091,000
Nov 18, 2021
$1,091,000
Apr 18, 2022
$500/mo
Condo
1
Bed
1
Bath
1,476 ft²
$844/ft²
$1,245,000
Sep 28, 2021
$1,245,000
Jan 13, 2022
$1,132/mo
Condo
1
Bed
1.5
Baths
-
$1,198,000
Jun 30, 2021
$1,198,000
Sep 27, 2021
$666/mo
In Contract
Condo
1
Bed
1
Bath
1,476 ft²
$844/ft²
$1,245,000
Sep 27, 2021
-
$1,132/mo
Active
Co-op
1
Bed
2
Baths
1,100 ft²
$1,136/ft²
$1,250,000
Jan 3, 2023
-
$1,591/mo
Active
Condo
1
Bed
2
Baths
1,210 ft²
$992/ft²
$1,200,000
Sep 28, 2022
-
$924/mo
Active
Condo
1
Bed
2
Baths
1,011 ft²
$1,182/ft²
$1,195,000
Jan 23, 2023
-
$793/mo
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|---|---|---|---|---|---|---|---|
|
11/24/2020
|
|
Studio
|
-
|
-
|
$1,500,000
Studio
-
|
-
-
|
-
|
Valerie Watts
HENRY WATTS REAL ESTATE CORPORATION
|
Building Info
