NOT LISTED FOR SALE

242 Gates Ave Unit GARDEN Brooklyn, NY 11238

Bed-Stuy Neighborhood
2 Beds
2 Baths
-- Sq Ft
1899 Built

About This Home

As of October 2018

LEASES OUT!

This MAGAZINE WORTHY duplex 2 bedroom, 2 bathroom home has a story to tell! Carefully selected architectural and design features of this home's past are displayed like artwork throughout. Through a private entrance, you are warmly welcomed into the entry level which boasts sightlines through the living room, kitchen and dining area, out onto your private garden. The apartment features a large living room with a decorative marble fireplace and an open chef's kitchen. The kitchen is complete with beautiful gray granite countertops, a stove with vented hood, Bosch dishwasher, custom paneled Amana refrigerator, double sinks and ample storage. The kitchen opens up into a dining room illuminated by skylight and large windows overlooking the landscaped private garden.

The architectural mixture of old and new includes exposed wood beams, poured concrete walls, brick, original plaster and crown moldings, steel joists, and old wallpaper, showcasing the history of this home as well as its modern renovation. The grand master suite is located on the second level of the home and benefits from high ceilings, a Venetian plaster fireplace, a sundrenched study/seating room that leads to your very own private terrace overlooking the lush garden below. The master bathroom is a mix of modern elegance and old school charm creating a timeless oasis. Enjoy the modern luxury of a stand-up glass shower with beautiful white subway tiling, or indulge in the separate soaking tub. The entire apartment (including the bathrooms) has radiant heating in the floors, keeping your feet warm throughout the winter. Other amenities include central AC, a Bosch washer and dryer located in the entry closet as well as additional storage in the basement.

Situated in Clinton Hill near Bed-Stuy and within walking distance to Prospect Heights, this home is near to the A, C, S and G trains and perfectly situated near all of the fabulous restaurants, and nightlife that have made Clinton Hill one of the fastest growing neighborhoods in Brooklyn.

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,403

Year Built

  • Built in 1899

Home Design

  • Pre War Building

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Community Details

  • Clinton Hill Subdivision
  • 5-Story Property

Listing and Financial Details

  • Property Available on 10/1/18

Condo Details

Home Type

Condominium

Est. Annual Taxes

$4,403

Year Built

Built in 1899

Lot Details

0

Rental Info

  • Available Date: 2018-10-01

Listing Details

  • Property SubType: Apartment
  • Property Type: Residential Lease
  • Neighborhood: Clinton Hill
  • Architectural Style: Prewar
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 5

Beds/Baths

  • Bathrooms Integer: 2
  • Bedrooms: 2

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed

Condo/Co-op/Association

  • Common Interest: Condominium

Building Info

  • New Construction: No
  • Total Stories: 5
  • Year Built: 1899

Tax Info

  • Tax Block: NA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 27, 2023
Sold by
242 Gates Llc
Bought by
Knopov Dmitry and Knopov Garry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,437,500
Outstanding Balance
$2,394,819
Interest Rate
7.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 26, 2014
Sold by
Fernald Eli James Aubrey
Bought by
242 Gates Llc

Purchase Details

Closed on
Apr 19, 2007
Sold by
Blount Barbara
Bought by
Fernald Eli James Aubrey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$599,200
Interest Rate
6.23%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Knopov Dmitry $3,250,000 --
242 Gates Llc $2,970,000 --
242 Gates Llc $2,970,000 --
Fernald Eli James Aubrey $749,000 --
Fernald Eli James Aubrey $749,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Knopov Dmitry $2,437,500
Previous Owner Fernald Eli James Aubrey $74,900
Previous Owner Fernald Eli James Aubrey $599,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/07/2018 09/07/18 For Rent $4,950 +12.5% --
09/07/2018 09/07/18 Rented -- -- --
06/05/2015 06/05/15 Rented -- -- --
06/05/2015 06/05/15 For Rent $4,400 -- --
Source: Real Estate Board of New York (REBNY)

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 $4,403 $137,460 $13,320 $124,140
2024 $4,403 $133,740 $13,320 $120,420
2023 $4,410 $145,320 $13,320 $132,000
2022 $4,091 $118,920 $13,320 $105,600
2021 $4,072 $110,580 $13,320 $97,260
2020 $944 $111,900 $13,320 $98,580
2019 $3,822 $105,300 $13,320 $91,980
2018 $3,688 $18,093 $2,385 $15,708
2017 $3,481 $17,076 $2,404 $14,672
2016 $3,223 $16,123 $3,064 $13,059
2015 $1,943 $15,225 $2,943 $12,282
2014 $1,943 $15,225 $3,426 $11,799
Source: Public Records

Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10423659

Real Estate Board of New York (REBNY)

APN: 01985-0029