NOT LISTED FOR SALE

1170 Gates Ave Brooklyn, NY 11221

Bushwick Neighborhood

Estimated Value: $995,000 - $1,458,000

5 Beds
2 Baths
2,940 Sq Ft
$413/Sq Ft Est. Value

Last Sold September 29, 2022

Last sale price $1,195,000 $406 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $7,162/month

63 Days on Market

Highlights

  • Contemporary Architecture
  • 3-minute walk to Gates Avenue
  • Main Floor Primary Bedroom
  • Property is near public transit
  • Wood Flooring
  • Eat-In Kitchen

About This Home

As of September 2022

This home is located at 1170 Gates Ave, Brooklyn, NY 11221 since 13 June 2022 and is currently estimated at $1,213,340, approximately $412 per square foot. This property was built in 1994. 1170 Gates Ave is a home located in Kings County with nearby schools including P.S. 299 Thomas Warren Field, J.H.S. 291 Roland Hayes, and Brooklyn Excelsior Charter School.

Last Agent to Sell the Property

Carmen Cartagena

Mega Star Realty Corp License #31CA1109448 Listed on: 06/13/2022

Last Buyer's Agent

Karina Dellepiane

Keller Williams Rlty Landmark License #10401331119

Keller Williams Rlty Landmark

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,223

Year Built

  • Built in 1994

Lot Details

  • 2,000 Sq Ft Lot
  • Lot Dimensions are 20x100
  • 1 Common Wall
  • Fenced

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction

Interior Spaces

  • 2-Story Property
  • Combination Dining and Living Room
  • Wood Flooring
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 4 Parking Spaces
  • Private Parking
  • Driveway

Schools

  • Ps 106 Edward Everett Hale Elementary School
  • All City Leadership Secondary Sch Middle School
  • Bushwick Community High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Additional Features

  • Patio
  • Property is near public transit

Listing and Financial Details

  • Legal Lot and Block 7 / 3340
  • Assessor Parcel Number 03340-0007

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,223

Year Built

Built in 1994

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Contemporary
  • Property SubType: Multi Family
  • Property Condition: Very good
  • Levels: Two
  • Year Built: 1994
  • New Construction: No
  • Attribution Contact: 718-848-7700
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Refrigerator
  • Interior Amenities: Master Downstairs, Eat-in Kitchen, Living Room / Dining Room
  • Living Area Units: Square Feet
  • Flooring: Hardwood
  • Common Walls: 1 Common Wall
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Basement: Finished, Full, Walk-Out Access
  • Inclusions: Convection Oven, Refrigerator
  • Total Bedrooms: 5
  • Kitchens: 2

Exterior Features

  • Construction Materials: Brick
  • Flood Zone Date: 2022-06-14
  • Flood Zone Report: Yes
  • Fencing: Fenced
  • Patio and Porch Features: Patio

Garage/Parking

  • Total Parking Spaces: 4.00
  • Attached Garage: No
  • Garage: No
  • Parking Description: Private, Driveway

Utilities

  • Cooling: Wall Unit(s)
  • Cooling: Yes
  • Heating: Natural Gas, Baseboard
  • Hot Water: Gas Stand Alone
  • Separate Hotwater Heater Detail: yes
  • Sewer: Sewer
  • Water Source: Public

Association/Amenities

  • Community Features: Near Public Transportation

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Elementary School: Ps 106 Edward Everett Hale, Ps 116 Elizabeth L Farrell, Ps 123 Suydam, Ps 145 Andrew Jackson
  • Middle School: All City Leadership Secondary Sch
  • High School: Bushwick Community Hs
  • Middle School: All City Leadership Secondary Sch

Lot Info

  • Lot Size Acres: 0.0500
  • Lot Size Area: 0.0500
  • Lot Dimensions: 20x100
  • Lot Size Sq Ft: 2000.00
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 03340-0007
  • Property Attached: Yes

Rental Info

  • Lease Considered: No

Tax Info

  • Close Date: 2022-09-29
  • Included in Taxes: Sewer, Water
  • Tax Annual Amount: 5223.00
  • Tax Block: 3340
  • Tax Lot: 7
  • Tax Map Number: 03340-0007

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 2
  • Separate Gas Meters: 2

MLS Schools

  • Elementary School: Ps 106 Edward Everett Hale, Ps 116 Elizabeth L Farrell, Ps 123 Suydam, Ps 145 Andrew Jackson
  • High School: Bushwick Community Hs
  • Middle School District: Brooklyn 32

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2022
Closed on
Sep 29, 2022
Sold by
Hunter Mueline and Patterson Carlton
Bought by
Friedman Anshel
Seller's Agent
Carmen Cartagena
Mega Star Realty Corp
Buyer's Agent
Karina Dellepiane
Keller Williams Rlty Landmark
List Price
$1,400,000
Sold Price
$1,195,000
Premium/Discount to List
-$205,000
-14.64%
Views
1
Current Estimated Value
$1,222,278

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,278
Avg. Annual Appreciation
-0.17%
Original Mortgage
$896,250
Outstanding Balance
$861,690
Interest Rate
5.55%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$327,595

Purchase Details

Listed on
Jun 13, 2022
Closed on
Aug 10, 2022
Sold by
Dennis Felix and Hunter Mueline
Bought by
Hunter Mueline
Seller's Agent
Carmen Cartagena
Mega Star Realty Corp
Buyer's Agent
Karina Dellepiane
Keller Williams Rlty Landmark
List Price
$1,400,000
Sold Price
$1,195,000
Premium/Discount to List
-$205,000
-14.64%
Views
1

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$896,250
Outstanding Balance
$861,690
Interest Rate
5.55%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$327,595

Purchase Details

Closed on
Nov 22, 2002
Sold by
Dennis Felix and Hunter Mueline
Bought by
Hunter Mueline

Purchase Details

Closed on
Feb 22, 1996
Sold by
Hunter Mueline
Bought by
Hunter Mueline and Patterson Carlton

Purchase Details

Closed on
May 1, 1995
Sold by
Nyc Partnership Housing Development Fund
Bought by
Hunter Mueline

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,650
Interest Rate
8.34%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Friedman Anshel $1,195,000 --
Friedman Anshel $1,195,000 --
Hunter Mueline -- --
Hunter Mueline -- --
Hunter Mueline -- --
Hunter Mueline -- --
Hunter Mueline -- Chicago Title Insurance Co
Hunter Mueline -- Chicago Title Insurance Co
Hunter Mueline $216,709 --
Hunter Mueline $216,709 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Friedman Anshel $896,250
Closed Friedman Anshel $896,250
Previous Owner Dennis Felix $476,250
Previous Owner Dennis Felix $98,275
Previous Owner Hunter Mueline $37,036
Previous Owner Hunter Mueline $35,000
Previous Owner Hunter Mueline $123,650
Closed Hunter Mueline $60,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2022 09/29/22 Sold $1,195,000 -14.6% $406 / Sq Ft
08/15/2022 08/15/22 Pending -- -- --
06/13/2022 06/13/22 For Sale $1,400,000 -- $476 / Sq Ft
Source: OneKey® MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,643 $58,740 $15,060 $43,680
2024 $5,643 $62,400 $15,060 $47,340
2023 $5,663 $66,720 $15,060 $51,660
2022 $5,252 $65,640 $15,060 $50,580
2021 $5,223 $63,480 $15,060 $48,420
2020 $2,450 $57,300 $15,060 $42,240
2019 $4,898 $57,300 $15,060 $42,240
2018 $4,737 $23,238 $8,192 $15,046
2017 $4,469 $21,923 $6,239 $15,684
2016 $4,135 $20,683 $7,950 $12,733
2015 $2,495 $19,513 $6,877 $12,636
2014 $2,495 $19,513 $8,255 $11,258
Source: Public Records

Agents Affiliated with this Home

  • Carmen Cartagena

    Seller's Agent in 2022

    Carmen Cartagena

    Mega Star Realty Corp

    (917) 370-0661

    2 in this area

    14 Total Sales

    Section Image

  • K

    Buyer's Agent in 2022

    Karina Dellepiane

    Keller Williams Rlty Landmark

    (347) 449-4788

    2 in this area

    2 Total Sales

    Section Image
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Map

Source: OneKey® MLS

MLS Number: KEY3407677

OneKey® MLS

APN: 03340-0007

New York Kings County Brooklyn 11221 Bushwick

1170 Gates Ave, Brooklyn, NY

This home is located at 1170 Gates Ave, Brooklyn, NY 11221 since 13 June 2022 and is currently estimated at $1,213,340, approximately $412 per square foot. This property was built in 1994. 1170 Gates Ave is a home located in Kings County with nearby schools including P.S. 299 Thomas Warren Field, J.H.S. 291 Roland Hayes, and Brooklyn Excelsior Charter School.

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