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Off market
  • $2,704,300

    221 Gates Ave, Brooklyn, NY 11238

    6beds
    3,240sqft
    MultiFamily
    Built in 1899
    -- sqft lot
    $2,704,300 Zestimate®
    $835/sqft
    $5,848 Estimated rent

    Home value

    $2,704,300

    $2.33M - $3.16M

    $5,848/mo

    Zestimate® history
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    Rent Zestimate®

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    $16,320/mo

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    $16,320/mo

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    What's special

    Stately and solid, this 21-foot wide, four-story brownstone is available for sale for the first time in 50 years. Zoned as a two-family but currently used as a more flexible family compound, the house can easily fit 5-6 bedrooms and 4 baths or be opened up into a more modern open plan house. The current layout would suit both a triplex over garden rental or a double duplex configuration. The next buyer can use it as-is with a LOT of elbow grease or go the whole nine yards and make it an Architectural Digest feature. You get to chose how far to take it: bones are there, the location is incredible and the price is right. Annual Real Estate Taxes are $4,379 221 Gates has well-preserved original Italianate details including ornate fireplace mantles, original inlaid parquet floors and borders, plaster ceiling moldings, original doors and window casements. Another special thing about this house that sets it apart is the opportunity to develop incredible outdoor space on every floor. Besides the more common brownstone option for a rear deck off the parlor floor with stairs to your deep private garden, the top floor gives the opportunity of a roof deck with downtown NYC views and also an exceptional loggia in the front, perched atop the extra special 3-story bay. The third floor could have a dreamy 8' x20' terrace which could easily be built over two-story rear extension. 221 Gates inhabits a unique sweet spot, at the desirable and neighborly intersection of Clinton Hill and Bedford Stuyvesant. Cool coffee shops and acclaimed restaurants flourish in every direction. With close proximity to Fort Greene, BAM, Pratt, the Atlantic Center, you are also a few short blocks to the C, G and A subways at either Clinton/Washington or Franklin Ave. Prospect Park, the Brooklyn Museum, and the beautiful Brooklyn Botanical Garden are also a short trip away. Manhattan, if you ever want to go there, is a mere 15 minutes by car or 20 by subway.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 3
    • Full bathrooms: 3
    Features
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 3,240 sqft

    Property

    Lot
    • Size: 2,083 Square Feet
    Details
    • Parcel number: 019730072

    Construction

    Type & style
    • Home type: MultiFamily
    Condition
    • Year built: 1899

    Community & HOA

    Location
    • Region: Brooklyn

    Financial & listing details

    • Price per square foot: $835/sqft
    • Tax assessed value: $2,122,000
    • Annual tax amount: $6,705

    Price history

    DateEventPrice
    2/16/2021Sold$1,675,500-4.3%$517/sqft
    Source: Public Record Report a problem
    12/8/2020Pending sale$1,750,000$540/sqft
    Source: Brown Harris Stevens Report a problem
    10/10/2020Price change$1,750,000-2.8%$540/sqft
    Source: Brown Harris Stevens Report a problem
    8/4/2020Listed for sale$1,800,000$556/sqft
    Source: Brown Harris Stevens Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$6,705 +34.4%$127,320 +6.2%
    2024$4,987 $119,880 -4.8%
    2023-- $125,940 +22.2%
    2022-- $103,080 -5%
    2021-- $108,540 -17.5%
    2020$4,379 $131,580 -9.6%
    2019$4,379 +2.2%$145,500 +610.4%
    2018$4,284 +8.6%$20,480 +5.9%
    2017$3,944 +10.4%$19,347 +5.9%
    2016$3,573 $18,270 +6%
    2015$3,573 +62.3%$17,241
    2014$2,201 $17,241 +1%
    2013-- $17,067 +5.9%
    2012-- $16,123 +5.9%
    2011-- $15,225 +6%
    2010-- $14,368
    2009-- $14,368 +1%
    2008-- $14,223 +5.9%
    2007-- $13,436 +5.9%
    2006-- $12,688 +6%
    2005-- $11,974
    2004-- $11,974 +1%
    2003-- $11,853 +5.9%
    2002-- $11,197 +5.9%
    2001-- $10,574 +6%
    2000-- $9,979
    Find assessor info on the county website

    Neighborhood: Bedford-Stuyvesant

    Nearby schools

    GreatSchools rating