1004 Gates Avenue

1004 Gates Avenue, Brooklyn, NY 11221

  • For Sale $11,500,000
  • Property Type Multi-Family
  • Property Size 19,130 SF
  • Units 27
  • Lot Size 0.09 Acre
  • Additional Rent Contact for pricing
  • Date Updated Sep 9, 2024
BrooklynAvison Young has been exclusively engaged by ownership to offer for sale 1004 Gates Avenue, a seven-story, 40’ elevator building located on the south side of Gates Avenue between Ralph Avenue and Broadway in the heart of Bedford-Stuyvesant (Bed-Stuy), Brooklyn. The property spans 19,130 SF and consists of twenty-seven (27) residential units. The buildings were significantly expanded and renovated in 2019 and benefit from a J-51 Tax Abatement until 2034.

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Highlights

  • Turnkey Asset with 40’ of Frontage
  • Fully Occupied Elevator Building
  • $494,245 Preferential-to-Legal Rent Spread
  • $1,381,093 in Tax Savings until 2034

Contacts

broker

Fritz Richter

Avison Young - US - NY - New York

Location

Getting Around

  • Walk Score ®

    93/100 Walker's Paradise

  • Transit Score ®

    92/100 Rider's Paradise

  • Bike Score ®

    72/100 Very Bikeable
Powered by Walk Score ®
  • City Brooklyn, NY
  • Neighborhood Bedford-Stuyvesant
  • Zip Code 11221
  • Market Brooklyn

Points of Interest

  • Halsey Street

    0.40 miles

  • Kosciuszko Street

    0.42 miles

  • Knickerbocker Avenue

    0.70 miles

  • Chauncey Street

    0.79 miles

  • Rockaway Avenue Station

    0.89 miles

  • Myrtle–Wyckoff Avenues

    0.93 miles

  • Stanhope St & Wycoff Ave - SE Corner

    1.01 miles

  • Stanhope St & Wycoff Ave - SW Corner

    1.02 miles

  • Stanhope St & Wycoff Ave - NE Corner

    1.03 miles

  • Stanhope St & Wycoff Ave - NW Corner

    1.03 miles

  • Pure Energy

    0.54 miles

  • Exxon

    0.76 miles

  • BP

    0.78 miles

  • Speedway

    0.83 miles

  • BP

    0.84 miles

  • Speedy Gas

    0.85 miles

  • Gulf

    0.87 miles

  • BP

    0.91 miles

  • Shell

    0.96 miles

  • BP

    1.14 miles

  • MMP Parking LLC

    1.04 miles

  • Havens Place Lot

    1.34 miles

  • Stop & Shop Parking

    1.89 miles

  • Cielo Garage

    2.28 miles

  • Underhill Garage

    2.37 miles

  • Kings County Parking Garage

    2.45 miles

  • The Brooklyn Museum and Botanic Garden

    2.51 miles

  • Rapid Park

    2.79 miles

  • Garfield Garage

    3.06 miles

  • NYPD Brooklyn Tow Pound

    3.07 miles

  • Neptune Hotel

    0.25 miles

  • Broadway Hotel

    0.89 miles

  • Red Carpet Inn

    1.07 miles

  • hull

    1.08 miles

  • Hotel Bogart Street, Brooklyn

    1.14 miles

  • New York Loft Hostel

    1.18 miles

  • New York Moore Hostel

    1.30 miles

  • Lexington Inn - Brooklyn NY

    1.38 miles

  • Best Western

    1.54 miles

  • Surface Inn

    1.55 miles

  • McDonald's

    0.07 miles

  • Toad Style

    0.16 miles

  • Crown Fried Chicken

    0.18 miles

  • Indian Curry Heights

    0.23 miles

  • Twin Grills

    0.25 miles

  • Weng's Garden

    0.27 miles

  • Le Fatima

    0.28 miles

  • Kalina Bar & Grill

    0.28 miles

  • Cuts and Slices

    0.30 miles

  • BK Lobster

    0.30 miles

  • Junior Academy

    0.10 miles

  • Brooklyn High School for Law and Technology

    0.13 miles

  • Public School 5

    0.27 miles

  • Public School 299

    0.31 miles

  • K385 School of Business Finance and Entrepreneurship

    0.56 miles

  • Junior High School K057 Whitelaw Reid

    0.56 miles

  • Public School 137

    0.58 miles

  • Public School 40 George W. Carver

    0.63 miles

  • Public School 129

    0.64 miles

  • Public School 21

    0.64 miles

  • Audrey Johnson Day Care Center

    1.00 miles

  • Little Sun People

    1.39 miles

  • Brooklyn Kids Academy

    1.41 miles

  • Simcha Tots

    1.45 miles

  • Bambi Day Care Center

    1.50 miles

  • Our Children The Leaders of Tomorrow

    1.55 miles

  • Friends of Crown Heights Educational Center

    1.60 miles

  • Mi Casita

    1.67 miles

  • Garden of Learning

    1.71 miles

  • Little Einstein's Daycare

    1.72 miles

Frequently Asked Questions

How much does 1004 Gates Avenue cost?

The space currently listed for sale at 1004 Gates Avenue asks for $11,500,000.

What is the total square footage of 1004 Gates Avenue?

1004 Gates Avenue totals 19,130 square feet.

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Contact Listing Broker

broker

Fritz Richter

Avison Young - US - NY - New York