Paul Conforti
Douglas Elliman Real Estate
(516) 518-2638
151 Total Sales
1 in Bushwick
$975,000 Price
1597 Gates Ave Brooklyn, NY 11237
Bushwick NeighborhoodEstimated Value: $1,408,526
8
Beds
6
Baths
5,370
Sq Ft
$262/Sq Ft
Est. Value
Highlights
- Tudor Architecture
- 1-minute walk to Myrtle-Wyckoff Avenues
- Baseboard Heating
- Bathroom on Main Level
About This Home
As of October 2025**Hot Deal - Rental King, Ridgewood**: 3 Storefronts + 2 Residential Units for Sale **Front Building**: - Ground Floor: Storefront - Second Floor (Front): 1Bedrooms, 1 Bathroom - Rear Unit: 1 Bedrooms, 1 Bathroom - Beautifully finished basement with high ceilings **Rear Building**: - Ground Floor: 2 Bedrooms, 1 Bathroom - Second Floor: 2 Bedrooms, 1 Bathroom - Basement: full finish basement Total Area: 5,370 sq. ft. Excellent condition! Recently fully renovated, move-in ready. **Zoning**: C1-3, R6 – Mixed-use zoning for 3 storefronts and 2 residential units. An exceptional investment opportunity! **Utilities**: Stable rental income with 6 electric meters and 5 gas meters. **Prime Location**: - Across from Food Bazaar - Close to banks, pharmacies, supermarkets, gyms, and restaurants. **Convenient Transportation**: - Only a 3-minute walk to the L train with direct access to Manhattan. good investment opportunities. Must see, Easy show
Last Agent to Sell the Property
B Square Realty Brokerage Phone: 917-293-3623 License #10401321356 Listed on: 02/02/2025
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Property Details
Home Type
- Mobile/Manufactured
Est. Annual Taxes
- $31,647
Year Built
- Built in 2010
Home Design
- Tudor Architecture
- Brick Exterior Construction
Interior Spaces
- 5,370 Sq Ft Home
- Finished Basement
- Basement Fills Entire Space Under The House
- Gas Oven
Bedrooms and Bathrooms
- 8 Bedrooms
- Bathroom on Main Level
- 6 Full Bathrooms
Schools
- Ps 116 Elizabeth L Farrell Elementary School
- JHS 162 Willoughby Middle School
- Brooklyn School For Social Justice High School
Utilities
- Cooling System Mounted To A Wall/Window
- Baseboard Heating
- Heating System Uses Natural Gas
- Private Water Source
- Cable TV Available
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 2, 2025
Closed on
Oct 31, 2025
Sold by
Yuan Jian Wei and Yuan Wan Rong
Bought by
Seller's Agent
Kit Leung
B Square Realty
Buyer's Agent
Eva Ma
Homix Realty Inc
List Price
$1,650,000
Sold Price
$1,400,000
Premium/Discount to List
-$250,000
-15.15%
Views
67
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,526
Avg. Annual Appreciation
0.73%
Purchase Details
Closed on
Jun 20, 2008
Sold by
Yuan Jian Wei
Bought by
Yuan Jian Wei and Yuan Wan Rong
Purchase Details
Closed on
Oct 22, 2007
Sold by
Yuan Jian Wei and Yuan Wan Rong
Bought by
Yuan Jian Wei
Purchase Details
Closed on
Nov 5, 2004
Sold by
Yuan Miao Ling Lin
Bought by
Yuan Jian Wei and Yuan Wan Rong
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Bushwick, NY
-
Paul Conforti
-
John Liu
John Liu
Responds QuicklyChase Global Realty Corp
(877) 817-1279
16 Total Sales
1 in Bushwick
$910,000 Price
-
Yadlynd Cherubin
Yadlynd Cherubin
Keller Williams Realty Greater
(646) 542-0039
153 Total Sales
1 in Bushwick
$1,050,000 Price
-
Alexander Galvez
Alexander Galvez
Century 21 Galvez
(855) 697-7271
92 Total Sales
1 in Bushwick
$1,260,000 Price
-
Anthony Morris
Anthony Morris
Corcoran Group
(646) 921-6475
24 Total Sales
1 in Bushwick
$800,000 Price
-
Steven Benshabat
Steven Benshabat
Exit Realty First Choice
(866) 823-6280
8 Total Sales
1 in Bushwick
$1,575,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $1,400,000 | -- | ||
| Yuan Jian Wei | -- | -- | |
| Yuan Jian Wei | -- | -- | |
| Yuan Jian Wei | $350,000 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $800,000 | ||
| Previous Owner | Yuan Jian Wei | $600,000 | |
| Closed | Yuan Jian Wei | $350,000 | |
| Closed | Yuan Miao Ling Lin | $129,500 | |
| Previous Owner | Yuan Miao Ling Lin | $100,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/31/2025 10/31/25 | Sold | $1,400,000 | 0.0% | $261 / Sq Ft |
| 06/20/2025 06/20/25 | Pending | -- | -- | -- |
| 05/05/2025 05/05/25 | Off Market | $1,400,000 | -- | -- |
| 02/02/2025 02/02/25 | For Sale | $1,650,000 | -- | $307 / Sq Ft |
Source: OneKey® MLS
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $39,431 | $461,700 | $83,250 | $378,450 |
| 2025 | $35,014 | $479,700 | $83,250 | $396,450 |
| 2024 | $35,014 | $449,100 | $83,250 | $365,850 |
| 2023 | $31,647 | $393,750 | $83,250 | $310,500 |
| 2022 | $29,522 | $306,900 | $83,250 | $223,650 |
| 2021 | $21,655 | $202,500 | $83,250 | $119,250 |
| 2020 | $15,127 | $300,600 | $83,250 | $217,350 |
| 2019 | $29,372 | $282,600 | $83,250 | $199,350 |
| 2018 | $29,429 | $279,900 | $83,250 | $196,650 |
| 2017 | $29,003 | $275,850 | $83,250 | $192,600 |
| 2016 | $26,436 | $255,150 | $83,250 | $171,900 |
| 2015 | $3,067 | $303,300 | $83,250 | $220,050 |
| 2014 | $3,067 | $291,600 | $83,250 | $208,350 |
Source: Public Records
Agents Affiliated with this Home
-
Kit Leung
Seller's Agent in 2025
Kit Leung
B Square Realty
(718) 939-8388
1 in this area
57 Total Sales
-
Eva Ma
Seller Co-Listing Agent in 2025
Eva Ma
Homix Realty Inc
(347) 990-1188
1 in this area
68 Total Sales
Map
Source: OneKey® MLS
MLS Number: 819870
APN: 03338-0041
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The data relating to real estate for sale or lease on this web site comes in part from OneKey® MLS. Real estate listings held by brokerage firms other than Ten-X are marked with the OneKey® MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker.
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Based on information submitted to the MLS GRID
Listings courtesy of OneKey® MLS as distributed by MLS GRID
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