197 Gates Avenue

Clinton Hill

$1,495,000
Price
6
Beds
4
Baths
4,048 Sq. Ft.
$369 / Sq. Ft.
4,048
Sq. Ft.
$369
per Sq. Ft.

Description

Remarkable, newly listed four-family townhouse in Clinton Hill is a fantastic investment opportunity for you! A total of 4 units consisting of 2-three bedroom one bathroom apartments and 2-two bedroom one bathroom apartments that each occupy an entire floor, high ceilings, large windows, hardwood floors, a large backyard and a cellar for extra storage. Well-maintained in great condition, this property offers a unique blend of comfort and investment potential. It also comes with a J-51 tax abatement....Remarkable, newly listed four-family townhouse in Clinton Hill is a fantastic investment opportunity for you! A total of 4 units consisting of 2-three bedroom one bathroom apartments and 2-two bedroom one bathroom apartments that each occupy an entire floor, high ceilings, large windows, hardwood floors, a large backyard and a cellar for extra storage. Well-maintained in great condition, this property offers a unique blend of comfort and investment potential. It also comes with a J-51 tax abatement. Property is fully occupied. The tenant are rent stabilize for the duration of j-51 abatement. AND IT WOULD NOT BE DELIVERED VACANT. 22ft X 40ft. 4,048 sq ft. The prime location offers excellent accessibility, with the G train at Classon Avenue and the C train at Clinton-Washington Avenue. Nearby, you'll find Pratt Institute, St. Joseph's College, and Long Island University, as well as cultural attractions like the Museum of Contemporary African Diasporan Arts, the Brooklyn Museum, and the Brooklyn Children's Museum. Foodies will love the local dining scene with favorites like Clementine Bakery, Hart's Mediterranean, Rustik Tavern, Sisters Restaurant, Olea, and Aita. Plus a plethora of entertainment and shopping options makes this neighborhood a vibrant place to live. Don't miss out on this incredible opportunity! , Additional information: Appearance:Excellent
  1. Listed by Chanel Clark • Peace of Mind Realty
    P: (347)-221-0100 C: (917)-312-5389 clark@pomrealty.com
  2. Listed by Scarla Pineda SRES • Peace of Mind Realty
    P: (347)-221-0100 C: (347)-742-8669 s.pineda@pomrealty.com

Property Details for 197 Gates Avenue

Architectural Style
Townhouse
Section Area
Classon Avenue
LISTING UPDATED: 12/02/2024 09:59 PM

Property Details for 197 Gates Avenue

StatusActive
MLS ID3592074
Days on Market13
Taxes$2,957 / year
Maintenance-
Min. Down Pymt-
Total Rooms22.0
Compass TypeMulti Family
MLS TypeQuadruplex
Year Built1899
Lot Size1,839 SF / 22' x 84'
CountyKings County

Building

197 Gates Ave

4 Units3 StoriesBuilt in 1899

Building Information for 197 Gates Avenue

Stories3Residences4Year Built1899Building Size22' x 40'Building Sq. Ft2,640 SFLot Size1,839 SF / 22' x 84'Building Age-Building Type-

Property Information for 197 Gates Avenue

Summary
Location and General Information
  • Senior Community YN: No
  • Directions: Use GPS for directions
  • Tax Block: 1972
  • Tax Lot: 33
  • Property Attached: No
  • Structure Type: false
  • State Or Province: NY
School Information
  • School District: Brooklyn 13
  • Elementary School: Academy Of Arts And Letters
  • Middle Or Junior School: Urban Assembly Unison School (The)
  • High School District: Brooklyn 13
  • High School: Bedford Academy High School
Rental
Rental
  • Lease Considered: No
Unit Information
Unit Information
  • Building Units Total: 4
Room Information
Room 1 Information
  • Room Type: Auxiliary Room
  • RoomDescription 1: 6Bedrooms 4Bathrooms multifamily building. 4 apartment total, each a 2 bedroom 1 bath
Taxes and HOA Information
Taxes and HOA Information
  • Parcel Number: 01972-0033
  • Included In Taxes: Sewer,Trash
  • Tenant Pays: Electricity,Gas
  • Additional Fees: 0
  • Association Amenities: Park
Interior and Exterior Features
Interior Features
  • Amenities: Cathedral/Vaulted/High Ceiling, Hardwood Floors As Seen, Park, Public, Townhouse
  • Interior Features: Cathedral Ceiling(s)
  • Appliances: Electric Water Heater
  • Number Of Kitchens: 4.0
  • Total Rooms: 22
  • Living Area: 4048.0
  • Basement: None
  • Fireplaces Total: 0
  • Location Amenities: Hardwood Floors As Seen, Cathedral/Vaulted/High Ceiling
  • Spa: No
  • Flooring: Hardwood
Exterior Features
  • Exterior Property Features: On Street, Near Public Transit, Near School, Near Shops
  • Elevation Certificate: No
  • Construction Materials: Block
  • Pool Private: No
Lot Information
  • Lot Features: Near Public Transit,Near School,Near Shops
  • Lot Size Dimensions: 22x83.58
  • Site Features: Near Public Transit, Near School, Near Shops
Parking
  • Parking Features: On Street
Utilities
  • Cooling: None
  • Heating: Natural Gas, Hot Water
  • Heat Fuel Type: Natural Gas, Hot Water
  • Number Of Separate Gas Meters: 5
  • Sewer: Public Sewer
  • Water Source: Public
  • Number Of Separate Electric Meters: 5
Green Features
  • Green Features: Electric Water Heater, Natural Gas, Hot Water

Property History for 197 Gates Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 197 Gates Avenue

Taxable ValueLand$111,150Additions$593,550Total$704,700
Home Facts
Total Finished SqFt4,048 SqFtLot Size1,839 SqFtYear Built1899ZoningR6BAPN3019720033

Schools near 197 Gates Avenue

This home is within Nyc Geog District #13 - Brooklyn.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
P.S. 56 Lewis H Latimer
PublicPK to 5

Urban Assembly Unison School (The)
Public6 to 8

Bedford Academy High School
Public9 to 12

GOTHAM PROFESSIONAL ARTS ACADEMY
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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197 Gates Avenue is a multi-family home for sale in Clinton Hill. This property was listed for sale on November 19, 2024 by Peace of Mind Realty, it's currently listed at $1,495,000. This listing's school district is Nyc Geog District #13 - Brooklyn. Nearby schools include P.S. 56 Lewis H Latimer, Urban Assembly Unison School (The) and Bedford Academy High School. 197 Gates Avenue is a 6-bed, 4-bath, 4,048 sqft multi-family home built in 1899.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Peace of Mind Realty

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., All rights reserved. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey® MLS. Information Copyright 2024, OneKey® MLS. All data is deemed reliable but is not guaranteed accurate by Compass. See Terms of Service for additional restrictions. Compass · Tel: 212-913-9058 · New York, NY Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York’s Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., all rights reserved. This information is not guaranteed, should be independently verified and may not reflect all real estate activity in the market. Offers of compensation set forth here are for other RLSParticipants only and may not reflect other agreements between a consumer and their broker.©2024 The Real Estate Board of New York, Inc., All rights reserved.