by RH Advisors

Check Availability
$2,600,000
Multifamily - In Contract

65 Gates Avenue

Brooklyn, NY 11238
bedrooms
5 Beds
bathrooms
5 Baths
square feet
4057 Sqft
$14,869
Estimated Monthly
$0
HOA / Fees
4.01%
Cap Rate

About This Property

Set on the border of Fort Greene and historic Clinton Hill, this five story, four family brownstone will appeal to either the savvy investor or the sophisticated end user. Measuring 15.5' × 50' on an 80 foot lot, this magnificent property boasts over 4000 square feet and offers numerous options for reconfiguration.

The parlour and garden levels feature a 1500+ square foot 2BR/2BA duplex with private garden access. Three upper rental units are configured with 1BR/1BA.

65 Gates Avenue has recently updated mechanicals (including kitchen appliances), bathrooms, plumbing, electric, roof, heating, and is retrofitted with central A/C. This fabulous property is conveniently located minutes from Atlantic Terminal with its twelve (12) subways and the Fort Greene dining and entertainment district.

PROJECTED RENT ROLL

Garden Duplex $4500/mo

Unit #2 $2600/mo

Unit #3 $2600/mo

Unit #4 $2500/mo

TOTAL PROJECTED RENT ROLL $12,200/mo ($146,400/year)
Unit Size
4,057Ft²
Days on Market
-
Land Size
-
Price per sqft
$641
Property Type
Multifamily
Property Taxes
$2,102
HOA Dues
-
Year Built
1880
Last updated: 3 months ago (RLS #COMP-1479742714734400961)

Price History

Date / Event Date Event Price
Jan 19, 2024 In contract -
In contract
Jan 1, 2024 Listed by Compass $2,600,000
Listed by Compass
Jun 4, 2015 Sold to - Private - $2,200,000
Sold to - Private -

Property Highlights

Air Conditioning
Fireplace
Interior Details

Bedroom Information

Bedrooms: 5

Bathroom Information

Full Bathrooms: 5

Interior Information

Interior Features: Crown Molding
Appliances: Dryer, Washer
Flooring Type: Hardwood
Living Area: 4057

Room Information

Laundry Features: See Remarks
Rooms: 10

Fireplace Information

Has Fireplace
Decorative
Fireplaces: 1
Exterior Details

Property Information

Year Built: 1930

Building Information

Outdoor Living Structures: Patio
Pets Allowed: Building No, No

Lot Information

Lot Size Dimensions: 15.580000x80.000000

Land Information

Tax Lot: 86
Tax Block: 01962

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Multifamily
5 Beds
3 Baths
2,800 ft²
$911/ft²
$2,550,000 Nov 10, 2022
$2,550,000 Mar 23, 2023
-
Multifamily
5 Beds
3 Baths
-
$2,800,000 Mar 10, 2023
$2,800,000 Aug 31, 2023
$620/mo
House
5 Beds
3 Baths
-
$2,657,000 Jun 23, 2020
$2,657,000 Feb 9, 2021
-
House
5 Beds
3 Baths
-
$2,600,000 Jan 3, 2020
$2,600,000 Mar 2, 2020
-
Townhouse
5 Beds
2 Baths
-
$2,695,000 Mar 4, 2020
$2,695,000 Apr 7, 2020
-
House
5 Beds
3 Baths
-
$2,530,000 Apr 14, 2015
$2,530,000 Jun 29, 2015
-
Multifamily
5 Beds
4 Baths
3,248 ft²
$861/ft²
$2,795,000 Sep 23, 2021
-
-
Townhouse
5 Beds
3 Baths
3,500 ft²
$629/ft²
$2,200,000 Dec 30, 2023
-
$376/mo
Multifamily
5 Beds
4 Baths
-
$2,775,000 Sep 26, 2023
-
$821/mo
Multifamily
5 Beds
4 Baths
-
$2,995,000 Jul 27, 2023
-
-
Townhouse
Stu
4 Baths
3,960 ft²
$731/ft²
$2,895,000 Mar 9, 2020
-
$7,287/mo
House
10 Beds
5 Baths
3,850 ft²
$779/ft²
$3,000,000 Sep 1, 2023
-
$888/mo

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20140303
03/03/2014
5 Bed
5 Bath
-
$2,195,000
bedrooms
5 Bed
bathrooms
5 Bath
$2,200,000 +0.23%
06/03/2015
-
Mordechai Werde
Compass

Building Info

65 Gates Avenue 65 Gates Avenue, Brooklyn, NY 11238
  • 4 Units
More about this Building
65 Gates Avenue
Want to find out who owns 65 Gates Avenue, Brooklyn, NY 11238? Get detailed property transactions here .

About Northwestern Brooklyn


Similar Homes for Sale

Unit for sale at 65 Cambridge Place, Brooklyn, NY 11238

$3,000,000

  • 10 Beds
  • 5 Baths
  • 3,850 ft²
65 Cambridge Place, Brooklyn, NY 11238 Listing by Richard Flateau
Unit for sale at 578 Washington Avenue, Brooklyn, NY 11238

$2,895,000

  • Studio
  • 4 Baths
  • 3,960 ft²
578 Washington Avenue, Brooklyn, NY 11238 Listing by Gamal Hasan
Unit for sale at 33 Irving Place, Brooklyn, NY 11238

$2,200,000

  • 5 Beds
  • 3 Baths
  • 3,500 ft²
33 Irving Place, Brooklyn, NY 11238 Listing by Rodolfo Lucchese

Nearby Rentals

Unit for rent at 18 6th Avenue, BROOKLYN, NY, 11217

$11,995 /mo

  • 2 Beds
  • 2.5 Baths
18 6th Avenue #2703, BROOKLYN, NY, 11217 Listing by Brian Hourigan
Unit for rent at 409 4th St, NY, 11215

$11,500 /mo

  • 4 Beds
  • 2 Baths
409 4th St #TRIPLEX, NY, 11215 Listing by Yael (Yahz) Kasakove
Unit for rent at 316 De Graw St, NY, 11231

$11,500 /mo

  • 3 Beds
  • 3 Baths
  • 1,800 ft²
316 De Graw St #1, NY, 11231 Listing by Denver Butson


Quantcast