Introducing 627 Gates Avenue, a classic brick corner two-family townhouse situated on a picturesque, tree-lined block in the heart of Bedford-Stuyvesant. This is an exceptional opportunity for an end user looking to create their dream home or an investor seeking their next value-add project.
The property measures 20' x 54' on a generous 20' x 80' corner lot, offering side windows that flood the interior with abundant natural light. Zoned R6A, the property offers the potential to build up to approximately 4,800 square feet, providing significant development or expansion opportunities (buyer to verify).
The home is currently vacant, allowing for immediate access and a seamless renovation process
Active
$1,525,000
627 Gates Ave, Brooklyn, NY 11221
6beds
3,240sqft
Multi Family
Built in 2001
-- sqft lot
$1,505,200 Zestimate®
$471/sqft
$-- HOA
What's special
Picturesque tree-lined block
- 6 days |
- 556 |
- 20 |
Zillow last checked:
Listing updated:
Listed by:
FIND Real Estate 516-650-8549,
Nathaniel Smith,
Daniel Mahgerefteh
Source: StreetEasy,MLS#: S1835884
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
- Full bathrooms: 3
Rooms
- Room types: Bike Room, Package Room
Cooling
- Central Air
Appliances
- Included: Dishwasher, Washer/Dryer
Features
- Has fireplace: No
Interior area
- Total structure area: 3,240
- Total interior livable area: 3,240 sqft
Property
Parking
- Parking features: Garage
- Has garage: Yes
Features
- Patio & porch: Other, Deck, Terrace
- Exterior features: Courtyard, Balcony, Garden, Private Roof Deck, Terrace
- Has view: Yes
- View description: City, Garden
Details
- Parcel number: 018100045
- Special conditions: Resale
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Roof: Roof Rights
Condition
- Year built: 2001
Community & HOA
Community
- Subdivision: Bedford-Stuyvesant
HOA
- Has HOA: Yes
- Amenities included: Roof Deck, Fitness Center
Location
- Region: Brooklyn
Financial & listing details
- Price per square foot: $471/sqft
- Tax assessed value: $1,246,000
- Annual tax amount: $6,996
- Date on market: 6/29/2026
Estimated market value
$1,505,200
$1.43M - $1.58M
$5,453/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/29/2026 | Listed for sale | $1,525,000+45.2%$471/sqft |
Source: StreetEasy #S1835884 Report a problem | ||
| 3/16/2020 | Listing removed | $1,050,000$324/sqft |
Source: RYM Realty Inc #432420 Report a problem | ||
| 12/10/2019 | Listed for sale | $1,050,000-4.5%$324/sqft |
Source: RYM Realty Inc #432420 Report a problem | ||
| 6/11/2019 | Listing removed | $1,100,000$340/sqft |
Source: EXIT REALTY TOP PROPERTIES #428902 Report a problem | ||
| 4/11/2019 | Listed for sale | $1,100,000$340/sqft |
Source: EXIT REALTY TOP PROPERTIES #428902 Report a problem | ||
| 2/27/2019 | Listing removed | -- |
Source: Auction.com Report a problem | ||
| 2/21/2019 | Listed for sale | -- |
Source: Auction.com Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $9,455 +4.6% | $74,760 -0.2% |
| 2024 | $9,041 | $74,940 +13.1% |
| 2023 | -- | $66,240 -3.6% |
| 2022 | -- | $68,700 -8.8% |
| 2021 | -- | $75,360 -17.5% |
| 2020 | $8,405 +5.9% | $91,380 +6.9% |
| 2019 | $7,940 +3.6% | $85,500 +133.3% |
| 2018 | $7,666 +2.6% | $36,648 |
| 2017 | $7,471 +8.9% | $36,648 +4.5% |
| 2016 | $6,858 | $35,074 +6% |
| 2015 | $6,858 +71% | $33,091 +5.9% |
| 2014 | $4,010 | $31,260 +2.4% |
| 2013 | -- | $30,540 -1.4% |
| 2012 | -- | $30,982 +6% |
| 2011 | -- | $29,229 +6% |
| 2010 | -- | $27,576 |
| 2009 | -- | $27,576 +2% |
| 2008 | -- | $27,045 +4.7% |
| 2007 | -- | $25,819 +6% |
| 2006 | -- | $24,358 +6% |
| 2005 | -- | $22,980 -0.6% |
| 2004 | -- | $23,120 +2.6% |
| 2003 | -- | $22,538 +292% |
| 2002 | -- | $5,749 +6% |
| 2001 | -- | $5,424 +5.9% |
| 2000 | -- | $5,120 |
Find assessor info on the county website
Monthly payment
Estimated monthly payment$1,822
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Bedford-Stuyvesant
Nearby schools
GreatSchools rating
- 6/10Ps 44 Marcus GarveyGrades: PK-5Distance: 0.1 mi
- 6/10Urban Assembly Academy Of Arts And LettersGrades: PK-8Distance: 0.2 mi
- NABrooklyn Academy High SchoolGrades: 10-12Distance: 0.3 mi
A local agent can set up tours, give advice and negotiate with sellers.
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