$3,795,000
PENDING $200K PRICE DROP

Estimated payment $20,290/month

Total Views 13,964
8 Beds
5 Baths
5,140 Sq Ft
$738 Price per Sq Ft

Highlights

  • Wood Flooring
  • Granite Countertops
  • Double Oven
  • High Ceiling
  • Private Yard
  • Built-In Features

About This Home

Step into a piece of Brooklyn history with this exquisite residence, originally built in 1886 by renowned merchant John Gibb. Designed by the celebrated Parfitt Brothers – prominent architects of their time – this home is a rare and beautifully preserved example of Queen Anne architecture. A legal two-family residence, it has been restored to its original single-family configuration. From the moment you arrive, 246 Gates Avenue makes a statement. Set back from the street by a front yard garden, the exterior showcases a striking blend of English-style red brick and rich brownstone, enhanced with ornate terra-cotta detailing that adds warmth, texture, and timeless elegance. The facade’s meticulous craftsmanship reflects the architectural grandeur of the late 19th century while offering a warm welcome to its next chapter. Inside, the house offers a scope and style of single family living fast disappearing in New York City. Period details abound. With original built-in bookcases, pocket doors, decorative fireplaces, and a built-in bar, the entire triple parlor level provides the perfect setting for daily family activities, and elegant entertaining on special occasions. The original stacked double staircase from the parlor level to the third floor once served the privacy and efficiency interests for the residents and their domestic employees. Today, the feature provides a fascinating echo of that bygone time. Throughout the house, tall ceilings, intricate moldings, original hardwood floors, and carefully preserved finishes speak to the home’s storied past, while generous living spaces provide modern-day comfort and functionality. Choose how you will use its many spacious rooms throughout the third, fourth, and fifth floors – from bedrooms, to a study, to an art studio, to a gym. Whether you’re hosting guests in the middle parlor, enjoying quiet mornings in the sunlit and spacious eat-in kitchen, relaxing in the peaceful backyard garden, or even enjoying a game of pool on the fifth floor, this residence offers a unique blend of historic charm and livable luxury. This residence offers the freedom and tranquility of single-family living. If you prefer, take advantage of its expansive layout and multiple staircases, and create a four-story primary residence, with a large garden rental. Ideally situated on a tree-lined block where Clinton Hill meets Bedford-Stuyvesant, 246 Gates Avenue is in the heart of one of Brooklyn’s most desirable neighborhoods. You're just moments from Fort Greene Park, acclaimed restaurants, boutique shops, and a variety of transit options – including the G, A, C, and S trains—making your commute and city exploration effortless.

Listing Agent

Danielle Mickiewicz

Compass License #10301219086 Listed on: 05/15/2025

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,008

Year Built

  • Built in 1886

Lot Details

  • Lot Dimensions are 20.830000x115.000000
  • Private Yard

Home Design

  • Duplex
  • Entry on the 1st floor

Interior Spaces

  • 5,140 Sq Ft Home
  • Wet Bar
  • Built-In Features
  • Bar
  • Crown Molding
  • High Ceiling
  • Chandelier
  • Decorative Fireplace
  • Wood Flooring
  • Basement Fills Entire Space Under The House
  • Laundry in unit

Kitchen

  • Double Oven
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Double Vanity

Utilities

  • Cooling Available
  • No Heating

Community Details

  • Bedford Stuyvesant Subdivision
  • 5-Story Property

Listing and Financial Details

  • Legal Lot and Block 0031 / 01985

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,008

Year Built

Built in 1886

Lot Details

0

Listing Details

  • Property SubType: Duplex
  • Property Type: Residential
  • Neighborhood: Bedford-Stuyvesant
  • Entry Level: 1
  • Structure Type: Duplex, Townhouse
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 5

Interior Features

  • Interior Features: Wet Bar, Built-in Features, Chandelier, Crown Molding, Double Vanity, Granite Counters, High Ceilings, Bar
  • Appliances: Double Oven, Dishwasher
  • Fireplace Features: Decorative, Other
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Hardwood
  • Living Area: 5140.0
  • Living Area Units: Square Feet
  • Basement: Yes
  • Basement: Full
  • Window Features: Bay Window(s)

Beds/Baths

  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Bathrooms Integer: 5
  • Bedrooms: 8

Exterior Features

  • View: No
  • Exterior Features: Private Outdoor Space Over 60 Sqft, Private Yard

Garage/Parking

  • Garage: No
  • Attached Garage: No

Utilities

  • Laundry Features: In Unit, See Remarks
  • Cooling: Other
  • Cooling: Yes
  • Heating: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: None

Lot Info

  • Lot Size Units: Square Feet
  • Lot Size Dimensions: 20.830000x115.000000

Building Info

  • New Construction: No
  • Units: 1
  • Total Stories: 5
  • Year Built: 1886

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Block: 01985
  • Tax Lot: 0031
  • Tax Annual: 7008.0

Multi Family

  • Building Area Units: Square Feet

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $7,004 $288,660 $29,040 $259,620
2024 $7,004 $228,000 $29,040 $198,960
2023 $7,016 $279,720 $29,040 $250,680
2022 $6,492 $228,960 $29,040 $199,920
2021 $6,446 $199,980 $29,040 $170,940
2019 $6,030 $201,900 $29,040 $172,860
2018 $5,809 $29,956 $4,611 $25,345
2017 $5,469 $28,298 $6,164 $22,134
2016 $5,027 $26,698 $7,850 $18,848
2015 $3,000 $25,188 $10,823 $14,365
2014 $3,000 $25,188 $12,992 $12,196
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/21/2025 12/21/25 Pending -- -- --
09/23/2025 09/23/25 Price Changed $3,795,000 -5.0% $738 / Sq Ft
05/15/2025 05/15/25 For Sale $3,995,000 -- $777 / Sq Ft
Source: Real Estate Board of New York (REBNY)

Purchase History

Date Type Sale Price Title Company
Deed $275,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $247,500 No Value Available
Source: Public Records

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS20023972

Real Estate Board of New York (REBNY)

APN: 01985-0031