197 Gates AVE Brooklyn, NY 11238
OPEN HOUSE
Mon Mar 10, 10:00am - 11:00pm
UPDATED:
02/26/2025 05:42 PM
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 4,048 sqft
Price per Sqft $369
MLS Listing ID KEYL3592074
Style Townhouse
HOA Y/N No
Originating Board onekey2
Rental Info No
Year Built 1899
Annual Tax Amount $2,957
Lot Dimensions 22x83.58
Property Sub-Type Quadruplex
Property Description
Currently occupied by paying tenants.
Featuring: 4 units consisting of 2-three bedroom one bathroom apartments and 2-two bedroom one bathroom apartments that each occupy the entire floor, high ceilings, large windows, hardwood floors, a large backyard and a cellar for extra storage.
Well-maintained in great condition, this property offers a unique blend of comfort and investment potential.
It also comes with a J-51 tax abatement up to 2041.
22ft X 40ft. 4,048 sq ft
Tenants are rent stabilized for the duration of the tax abatement.
Property will not be delivered vacant
The prime location offers excellent accessibility, with the G train at Classon Avenue and the C train at Clinton-Washington Avenue. Nearby, you'll find Pratt Institute, St. Joseph's College, and Long Island University, as well as cultural attractions like the Museum of Contemporary African Diasporan Arts, the Brooklyn Museum, and the Brooklyn Children's Museum.
Foodies will love the local dining scene with favorites like Clementine Bakery, Hart's Mediterranean, Rustik Tavern, Sisters Restaurant, Olea, and Aita. Plus a plethora of entertainment and shopping options makes this neighborhood a vibrant place to live.
Location
Province NY
County Kings (brooklyn)
Rooms
Basement None
Interior
Interior Features Cathedral Ceiling(s)
Heating Natural Gas, Hot Water
Cooling None
Flooring Hardwood
Fireplace No
Exterior
Parking Features On Street
Amenities Available Park
Private Pool No
Building
Lot Description Near Public Transit, Near School, Near Shops
Sewer Public Sewer
Water Public
Structure Type Block
Schools
Elementary Schools Academy Of Arts And Letters
Middle Schools Urban Assembly Unison School (The)
High Schools Bedford Academy High School
School District Brooklyn 13
Others
Senior Community No
Special Listing Condition None