929 Gates Ave, Brooklyn, NY 11221

IN CONTRACT, CLOSING SOON. Bring your vision and creativity to this spacious two-family townhouse at 929 Gates Avenue, ideally located in the heart of Bedford-Stuyvesant, Brooklyn. With a flexible layout and a generous footprint, this property is perfect for homeowners or investors seeking a home that requires mostly cosmetic updates with strong income-producing potential. Spread across three levels, the home features 5 bedrooms and 3 bathrooms, currently configured as a 3-bedroom, 2-bathroom owner's duplex with a 2-bedroom rental unit above, ideal for generating income, hosting guests, or converting into a spacious single-family residence. Owner's Duplex The duplex offers a classic, functional layout. On the main level, you'll find: A bright living room Full bathroom Laundry room A large open concept eat-in kitchen and dining room with direct access to the private backyard The backyard-complete with deck and shed-is a peaceful retreat complete with mature shrubs. Upstairs, the duplex continues with three generously sized bedrooms and a second full bathroom. With light cosmetic updates, this level offers great potential for a serene and modern living space. Top-Floor Rental Unit The top-floor 2-bedroom apartment has its own private entrance via exterior stairs. Recently painted with brand new carpet, the unit includes: Full bathroom Washer/dryer hookup Separate hot water heater Open-concept living, dining, and kitchen area It's a move-in ready rental unit that can generate immediate income-with or without additional upgrades. Key Features Private, gated driveway with room for 2 cars Flexible two-family layout Backyard with mature plants, deck, shed and entertaining space Prime Bed-Stuy Location Located just two blocks from the J train at Gates Avenue, with easy access to the A/C trains at Utica Avenue and the B52 bus right outside, this home offers convenient connectivity across Brooklyn and Manhattan. Enjoy beloved neighborhood favorites: Chez Oscar, Trad Room and dar525 for dining Saraghina for artisanal pizza Marian's for cocktails Passionfruit for coffee and pastries Whether you're looking to create your forever home or invest in a property with strong rental upside and low taxes, 929 Gates Avenue offers space, flexibility, and prime location-a rare opportunity in one of Brooklyn's most sought-after neighborhoods.