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Off market
  • $3,342,700

    306 Gates Ave, Brooklyn, NY 11216

    6beds
    3,780sqft
    MultiFamily
    Built in 1920
    -- sqft lot
    $3,342,700 Zestimate®
    $884/sqft
    $5,275 Estimated rent

    Home value

    $3,342,700

    $2.94M - $3.84M

    $5,275/mo

    Zestimate® history
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    $20,078/mo

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    What's special

    Outdoor staircaseFull basementHome depotNew kitchensQuartz countertopsPilar cuban eateryMarble tile baths

    306 Gates Ave is a newly renovated FIVE (5) unit townhouse. It is located on a classic Brooklyn tree-lined street filled with early 20th Century brown-stones in prime Bedford Stuyvesant, east of its border with Clinton Hill. Currently a LEGAL Four 4-unit building, 306 Gates, has been re-configured with 5 apartments including 2 bedroom apartments on both the parlor and second floors, a studio and a 1-bedroom on the top floor and a large 1-bedroom garden apartment with access to a private back yard. The building is 21' wide and approximately 40' deep and sits back 20' on its lot providing a gated ground level patio - where you can park your bike or hang out on a nice day. A full basement provides excellent storage. Newly completed renovations include oil to gas conversion, upgraded electric, new kitchens with quartz countertops, shaker cabinets and stainless steel appliances; newly installed washer/ dryers in each apartment; marble tile baths with updated vanities; overhead light fixtures, and rebuilt interior wooden stair cases and outdoor staircase to the main entrance. 100% Free market as all units are being delivered vacant. Perfect opportunity to own a home and collect substantial income. It is an amazing opportunity for anyone looking for a solid investment with good appreciation. You can Create your dream multi-plex apartment or consider it for a condo conversion. Several transit options, Quick Access including G train stations at both Classon and Nostrand Avenues, the C train at Franklin Avenue, the express A or C at Nostrand Avenue, the Franklin Avenue Shuttle, and the B52 bus provide easy commuting to Manhattan, Downtown Brooklyn or Long Island City. Local highlights include the Herbert Von King Dog Run Park, Home Depot, Pratt Institute campus, Planet Fitness, Clementine Bakery, Pilar Cuban Eatery, Playground Coffee, the Green Food Supermarket and a host of restaurants, cafes and local shops that line Bedford Avenue. Please contact the listing agent and stop by our Open house and view 306 Gates Avenue.

    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: 5
    • Full bathrooms: 5
    Appliances
    • Included: Dryer, Washer
    Interior area
    • Total interior livable area: 3,780 sqft

    Property

    Lot
    • Size: 2,100 Square Feet
    Details
    • Parcel number: 019860028

    Construction

    Type & style
    • Home type: MultiFamily
    Condition
    • Year built: 1920

    Community & HOA

    Location
    • Region: Brooklyn

    Financial & listing details

    • Price per square foot: $884/sqft
    • Tax assessed value: $2,771,000
    • Annual tax amount: $6,715

    Price history

    DateEventPrice
    11/16/2022Sold$2,585,000-4.3%$684/sqft
    Source: Public Record Report a problem
    8/15/2022Pending sale$2,700,000$714/sqft
    Source: StreetEasy Report a problem
    7/20/2022Price change$2,700,000-3.6%$714/sqft
    Source: StreetEasy Report a problem
    5/3/2022Price change$2,800,000-3.4%$741/sqft
    Source: StreetEasy Report a problem
    3/4/2022Listed for sale$2,900,000+70.6%$767/sqft
    Source: StreetEasy Report a problem
    4/19/2021Sold$1,700,000$450/sqft
    Source: Public Record Report a problem
    9/24/2020Listing removed$1,700,000$450/sqft
    Source: Corcoran #5947137 Report a problem
    9/8/2020Price change$1,700,000-6.8%$450/sqft
    Source: Corcoran #5947137 Report a problem
    9/4/2020Price change$1,825,000-3.9%$483/sqft
    Source: Corcoran #5947137 Report a problem
    7/15/2020Price change$1,899,000-5%$502/sqft
    Source: Corcoran #5947137 Report a problem
    1/29/2020Price change$1,999,000-4.8%$529/sqft
    Source: Corcoran #5947137 Report a problem
    12/28/2019Listed for sale$2,100,000+164.2%$556/sqft
    Source: Corcoran #5947137 Report a problem
    12/6/2005Sold$795,000+44.5%$210/sqft
    Source: Public Record Report a problem
    4/4/2005Sold$550,000+279.3%$146/sqft
    Source: Public Record Report a problem
    11/15/1999Sold$145,000$38/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$6,715 +3.7%$166,260 +26.6%
    2024$6,477 $131,340 -7.1%
    2023-- $141,420 +17.4%
    2022-- $120,420 -8.8%
    2021-- $132,060 -17.5%
    2020$5,969 +4.9%$160,140 +2%
    2019$5,688 +1.2%$157,020 +484.3%
    2018$5,621 +4.4%$26,872 +1.8%
    2017$5,382 +10.5%$26,403 +6%
    2016$4,871 $24,909 +6%
    2015$4,871 +62.1%$23,500 +4.9%
    2014$3,004 $22,394
    2013-- $22,394 +1.8%
    2012-- $22,003 +6%
    2011-- $20,758 +6%
    2010-- $19,584 +4.9%
    2009-- $18,662
    2008-- $18,662 +1.8%
    2007-- $18,336 +6%
    2006-- $17,299 +6%
    2005-- $16,320 +4.9%
    2004-- $15,552
    2003-- $15,552 +1.8%
    2002-- $15,280 +6%
    2001-- $14,416 +6%
    2000-- $13,600
    Find assessor info on the county website

    Neighborhood: Bedford-Stuyvesant

    Nearby schools

    GreatSchools rating