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Off market
  • $1,925,000

    898 Gates Ave, Brooklyn, NY 11221

    6beds
    2,800sqft
    MultiFamily
    Built in 1899
    -- sqft lot
    $1,925,000 Zestimate®
    $688/sqft
    $3,326 Estimated rent

    Home value

    $1,925,000

    $1.73M - $2.16M

    $3,326/mo

    Zestimate® history
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    Owner options

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    $3,326/mo

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    $3,326/mo

    Rent Zestimate®

    Refinance and save

    $9,293/mo

    Est. payment

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    $9,293/mo

    Est. payment

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    What's special

    Welcome to 898 Gates Avenue; an immaculately well-kept 20'-wide legal two-family townhouse originally built in 1899, currently being used like a three in the heartbeat of Bedford-Stuyvesant. This charming home offers a sprawling two-bedroom, two-bathroom lower duplex with a windowed eat-in-kitchen, private garden, wet bar, laundry, original fireplace mantel details & cellar access. The top two floors offer the opportunity to use an upper duplex featuring an open kitchen with granite island & countertops, warm exposed brick detail, crisp plank flooring, along with two generously proportioned bedrooms, two full bathrooms & home offices. 898 Gates Avenue is a tremendous opportunity to own a multi-family townhouse in arguably one of Brooklyn's hottest neighborhoods at an incredible value! Enjoy low taxes & premium building proportions for a savvy investment. With an FAR (floor-area-ratio) of 3, you also have approximately 3,200 buildable square feet to expand on your home even further, paving the way for a potential condo conversion as well. The opportunities are endless while being within the epicenter of Brooklyn and close proximity to neighborhood amenities such as cafes, restaurants, parks, transportation & many more. Contact us today for a private tour!

    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: 4
    • Full bathrooms: 4
    Appliances
    • Included: Dryer, Washer
    Features
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 2,800 sqft

    Property

    Lot
    • Size: 2,000 sqft
    Details
    • Parcel number: 016370022

    Construction

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

    Community & neighborhood

    Location
    • Region: Brooklyn

    Price history

    DateEventPrice
    2/22/2022Sold$1,560,000-1.3%$557/sqft
    Source: Public Record Report a problem
    12/2/2021Pending sale$1,580,000$564/sqft
    Source: StreetEasy Report a problem
    10/14/2021Listed for sale$1,580,000+267.4%$564/sqft
    Source: StreetEasy Report a problem
    5/5/2005Sold$430,000+154.4%$154/sqft
    Source: Public Record Report a problem
    4/29/1996Sold$169,000$60/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,175 -1.2%$103,500 +11.7%
    2024$3,214 $92,700 +9.7%
    2023-- $84,480 +2.5%
    2022-- $82,380 -8.8%
    2021-- $90,360 +6.7%
    2020$2,823 +0%$84,720 +22.4%
    2019$2,823 +2%$69,240 +423.3%
    2018$2,768 +8.8%$13,231 +6%
    2017$2,545 +10.5%$12,484 +6%
    2016$2,303 $11,779 +6%
    2015$2,303 +91.8%$11,113
    2014$1,201 $11,113 +0.8%
    2013-- $11,026 +6%
    2012-- $10,404 +6%
    2011-- $9,816 +6%
    2010-- $9,261
    2009-- $9,261 +0.8%
    2008-- $9,189 +6%
    2007-- $8,670 +6%
    2006-- $8,180 +6%
    2005-- $7,718
    2004-- $7,718 +0.8%
    2003-- $7,658 +6%
    2002-- $7,225 +6%
    2001-- $6,817 +6%
    2000-- $6,432

    Find assessor info on the county website

    Neighborhood: Bedford-Stuyvesant

    Nearby schools

    GreatSchools rating