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Sold for $2,080,000
  • $2,080,000

    161 Gates Avenue, Brooklyn, NY 11238

    4beds
    --sqft
    Quadruplex, Multi Family
    Built in 1918
    -- sqft lot
    $3,240,800 Zestimate®
    $--/sqft
    $5,875 Estimated rent

    Home value

    $3,240,800

    $2.75M - $3.82M

    $5,875/mo

    Zestimate® history
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    $5,875/mo

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    $12,494/mo

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    $12,494/mo

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    What's special

    Discover this beautiful four-family townhouse in the highly sought-after neighborhood of Clinton Hill, Brooklyn. This property features four renovated one-bedroom apartments, each boasting hardwood floors, original finishes, and an abundance of natural light. The garden apartment offers the added luxury of a bonus room and an expansive outdoor space, perfect for entertaining or enjoying peaceful moments. All units are equipped with stainless steel appliances, ensuring modern convenience, and the entire property is fully tenanted with an average rent of $3,500 providing return on investment. Situated in a tree-lined area surrounded by classic brownstones, this vibrant community offers proximity to the Clinton-Washington C and G trains, as well as a variety of local restaurants and shops. Whether you're an investor or a future homeowner looking to settle in this charming neighborhood, this is a rare opportunity not to be missed!

    Zillow last checked:

    Listing updated:

    Listed by:

    James Wise 646-523-0819,

    Coldwell Banker Reliable R E 718-921-3100

    Bought with:

    Non Member-MLS

    Buyer Representation Office

    Source: OneKey® MLS as distributed by MLS GRID,MLS#: L3585029MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    • Full bathrooms: 4
    Living room
    • Description: 4 Bedrooms, 4 Bathrooms
    Heating
    • Other, See Remarks
    Cooling
    • None
    Features
    • Flooring: Hardwood
    • Basement: See Remarks
    • Attic: See Remarks

    Property

    Parking
    • Parking features: On Street
    • Has uncovered spaces: Yes
    Lot
    • Size: 1,796 Square Feet
    • Dimensions: 19.75 x 90.92
    Details
    • Parcel number: 019690087

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Other
    • Property subtype: Quadruplex, Multi Family
    • Attached to another structure: Yes
    Materials
    • Other
    • Foundation: Other
    Condition
    • Year built: 1918

    Utilities & green energy

    • Gas: Separate Gas Meters: 4
    • Sewer: Other
    • Water: Public

    Community & HOA

    HOA
    • Has HOA: No
    Location
    • Region: Brooklyn

    Financial & listing details

    • Tax assessed value: $1,650,000
    • Annual tax amount: $29,652
    • Date on market: 10/14/2024
    • Cumulative days on market: 172 days
    • Listing agreement: Exclusive Right To Sell

    Price history

    DateEventPrice
    7/24/2025Sold$2,080,000-23%
    Source: OneKey® MLS as distributed by MLS GRID #L3585029 Report a problem
    4/4/2025Contingent$2,700,000
    Source: StreetEasy #S1738337 Report a problem
    4/4/2025Pending sale$2,700,000
    Source: OneKey® MLS as distributed by MLS GRID #L3585029 Report a problem
    10/14/2024Listed for sale$2,700,000
    Source: OneKey® MLS as distributed by MLS GRID #3585029 Report a problem
    9/17/2024Listing removed$2,700,000
    Source: StreetEasy #1723542 Report a problem
    9/16/2024Price change$2,700,000+3.8%
    Source: StreetEasy #1723542 Report a problem
    8/8/2024Price change$2,600,000-7.1%
    Source: StreetEasy #1723542 Report a problem
    6/23/2024Listed for sale$2,800,000+12%
    Source: StreetEasy #1723542 Report a problem
    7/31/2023Listing removed--
    Source: StreetEasy Report a problem
    7/17/2023Price change$2,500,000-7.4%
    Source: StreetEasy Report a problem
    5/15/2023Listed for sale$2,700,000+732%
    Source: StreetEasy Report a problem
    3/23/2023Listing removed--
    Source: Zillow Rentals Report a problem
    3/9/2023Price change$3,800-5%
    Source: Zillow Rentals Report a problem
    2/17/2023Listed for rent$4,000
    Source: Zillow Rentals Report a problem
    2/15/2023Listing removed--
    Source: Zillow Rentals Report a problem
    2/13/2023Listed for rent$4,000+48.1%
    Source: Zillow Rentals Report a problem
    7/20/2020Listing removed$2,700
    Source: EXR Report a problem
    7/15/2020Listed for rent$2,700+17.4%
    Source: EXR Report a problem
    1/7/2017Listing removed$2,299-8%
    Source: Angela Peterkin, LREB Report a problem
    12/18/2015Listing removed$2,500
    Source: Lions Share Inc. Report a problem
    11/10/2015Listed for rent$2,500
    Source: Lions Share Inc. Report a problem
    2/9/2000Sold$324,500+85.4%
    Source: Public Record Report a problem
    10/15/1997Sold$175,000+118.8%
    Source: Public Record Report a problem
    10/12/1995Sold$80,000
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$31,861 +7.4%$742,500 +20%
    2024$29,653 $618,750 +16.2%
    2023-- $532,350 -13.6%
    2022-- $616,500 +24%
    2021-- $497,250 -8.6%
    2020$24,575 +8%$544,050 +4.2%
    2019$22,757 $522,000 +209%
    2018-- $168,936
    2017$21,487 +1.9%$168,936 +3.2%
    2016$21,087 $163,680 +8%
    2015$21,087 +61.1%$151,559 +8%
    2014$13,092 $140,346 +8%
    2013-- $129,951
    2012-- $129,951 +3.2%
    2011-- $125,908 +8%
    2010-- $116,584 +8%
    2009-- $107,959 +8%
    2008-- $99,963
    2007-- $99,963 +3.2%
    2006-- $96,853 +8%
    2005-- $89,680 +8%
    2004-- $83,046 +8%
    2003-- $76,895
    2002-- $76,895 +3.2%
    2001-- $74,503 +8%
    2000-- $68,985
    Find assessor info on the county website

    Neighborhood: Clinton Hill

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Middle: Urban Assembly Institute Of Math And Science For
    • High: Bedford Academy High School

    Source: OneKey® MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.