65 GATES Avenue #4
About This Property
Immaculately renovated, 65 Gates Avenue offers modern luxury on one of Clinton Hill's best blocks.
Residence No. 4 is a spacious 1-bedroom, 1-bathroom floor-through home that seamlessly blends contemporary living with classic Brooklyn charm. As you enter, you're greeted by white oak hardwood floors throughout. The kitchen features an integrated refrigerator and dishwasher, GE gas range, custom hardwood cabinetry, quartz countertops, and a stunning marble mosaic backsplash. The living room boasts three large windows with treetop views, filling the space with natural light. The living room also features a beautifully restored original mantel, adding historic charm. The expansive bedroom, located at the rear of the building, easily accommodates a king-size bed and offers space for a home office. Enjoy nearly 800 square feet of private roof deck space, overlooking the Brooklyn and Manhattan skylines. The bathroom is large and spa-like, with gorgeous floor tiles and sleek porcelain wall tiles.
Additional amenities include central HVAC, a video intercom system, and a full-size washer and dryer.
Located just one block from Clinton Hill's main shopping district, Fulton Street, this home offers a village-like feel with easy access to every amenity. Dine at Michelin-starred restaurants such as Otway and Place des Fetes, or local favorites like Locanda Vini e Olii, Sisters, and Aita. With convenient subway access at the Franklin Ave stop, nearby pocket parks, Fort Greene Park, and Prospect Park, this home combines the best of modern convenience with the timeless elegance of historic Brooklyn living.
The complete terms are in an offering plan available from the Sponsor (File No: CD240041).
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Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
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Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Sep 26, 2024 | Listed by Douglas Elliman Real Estate | $890,000 | |
Listed by Douglas Elliman Real Estate |
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
01/01/2024
|
|
5 Bed
|
5 Bath
|
4057 ft²
|
$2,600,000
5 Bed
5 Bath
4057 ft²
|
$2,560,000
-1.54%
05/17/2024
|
-
|
Tyson Lewis
Compass
|
03/03/2014
|
|
5 Bed
|
5 Bath
|
3895 ft²
|
$2,195,000
5 Bed
5 Bath
3895 ft²
|
$2,200,000
+0.23%
06/03/2015
|
-
|
Mordechai Werde
Compass
|
Building Info
- 4 Units
- 2 Units for Sale