NOT LISTED FOR SALE

300 Gates Ave Brooklyn, NY 11216

Bed-Stuy Neighborhood

Estimated Value: $2,005,000 - $2,168,000

8 Beds
4 Baths
3,296 Sq Ft
$628/Sq Ft Est. Value

Last Sold December 18, 2024

Last sale price $1,999,000 $606 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $11,185/month

60 Days on Market

About This Home

As of December 2024

This huge 4-story, 20-ft (x45) townhouse provides over 3200SF of living space, and, with approximately 1100SF of unused FAR, this house has endless possibilities. Currently set up as a duplex over duplex plus basement, this 2-family can easily be converted to a 3-family. With 8+ bedrooms, 4-full bathrooms (one on each floor), this home provides ample space for living and entertaining, plus significant rental income. Renovated by the owners and move-in ready, this house is conveniently located on the Clinton Hill/Bed-Stuy border, surrounded by an array of dining, shopping, and entertainment options and transportation. House will be delivered vacant. Don't miss out on the opportunity to own this exceptional multi-family townhouse.

Last Agent to Sell the Property

Christina Prostano

Compass License #10301216990 Listed on: 08/20/2024

Compass

Co-Listed By

Roxana Perez Pineiro

Compass License #10401367481

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,428

Year Built

  • Built in 1899

Lot Details

  • Lot Dimensions are 20.000000x110.000000

Home Design

  • Triplex
  • Entry on the 1st floor

Interior Spaces

  • 3,296 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Utilities

  • No Cooling
  • No Heating

Community Details

  • No Home Owners Association
  • 3 Units
  • Bedford Stuyvesant Subdivision

Listing and Financial Details

  • Legal Lot and Block 25 / 01986

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,428

Year Built

Built in 1899

Lot Details

0

Listing Details

  • Property SubType: Triplex
  • Property Type: Residential
  • Neighborhood: Bedford-Stuyvesant
  • Architectural Style: Walk-Up
  • Entry Level: 1
  • Structure Type: Townhouse, Triplex
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Fireplace: No
  • Living Area: 3296.0
  • Living Area Units: Square Feet

Beds/Baths

  • Full Bathrooms: 4
  • Bathrooms Integer: 4
  • Bedrooms: 8

Exterior Features

  • View: No

Garage/Parking

  • Garage: No
  • Attached Garage: No

Utilities

  • Laundry Features: See Remarks
  • Cooling: No
  • Heating: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee Frequency: Monthly
  • Association: No
  • Common Interest: None
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Size Units: Square Feet
  • Lot Size Dimensions: 20.000000x110.000000

Building Info

  • New Construction: No
  • Units: 3
  • Total Stories: 3
  • Year Built: 1899

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Block: 01986
  • Tax Lot: 25
  • Tax Annual: 4428.0

Multi Family

  • Building Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 20, 2024
Closed on
Dec 18, 2024
Sold by
Flemming Yvonne and Osbourne Sandra
Bought by
Burch Jenna and Smith Samuel
Seller's Agent
Christina Prostano
Compass
List Price
$2,299,000
Sold Price
$1,999,000
Premium/Discount to List
-$300,000
-13.05%
Views
17
Current Estimated Value
$2,070,742

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$71,742
Avg. Annual Appreciation
3.38%
Original Mortgage
$1,599,000
Outstanding Balance
$1,583,512
Interest Rate
6.78%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$487,230

Purchase Details

Closed on
Oct 28, 1999
Sold by
Better Homes Depot Inc
Bought by
Osbourne Sandra and Wright Winsome

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$258,868
Interest Rate
7.98%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Burch Jenna $1,999,000 --
Burch Jenna $1,999,000 --
Osbourne Sandra $259,000 Long Island Title Agency
Better Homes Depot Inc $165,000 Commonwealth Land Title Ins
Osbourne Sandra $259,000 Long Island Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burch Jenna $1,599,000
Closed Burch Jenna $1,599,000
Previous Owner Osbourne Sandra $258,868
Previous Owner Osbourne Sandra $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/18/2024 12/18/24 Sold $1,999,000 -13.0% $606 / Sq Ft
10/19/2024 10/19/24 Pending -- -- --
08/20/2024 08/20/24 For Sale $2,299,000 -- $698 / Sq Ft
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 $4,410 $128,460 $24,960 $103,500
2024 $4,410 $114,360 $24,960 $89,400
2023 $4,416 $133,140 $24,960 $108,180
2022 $4,076 $116,820 $24,960 $91,860
2021 $4,046 $128,100 $24,960 $103,140
2019 $3,779 $171,780 $24,960 $146,820
2018 $3,634 $19,286 $3,980 $15,306
2017 $3,413 $18,212 $5,928 $12,284
2016 $3,127 $17,193 $7,552 $9,641
2015 $1,852 $16,221 $6,800 $9,421
2014 $1,852 $16,221 $8,163 $8,058
Source: Public Records

Agents Affiliated with this Home

  • Christina Prostano

    Seller's Agent in 2024

    Christina Prostano

    Compass

    (646) 373-3279

    2 in this area

    27 Total Sales

    Christina Prostano
    Section Image
  • Roxana Perez Pineiro

    Seller Co-Listing Agent in 2024

    Roxana Perez Pineiro

    Compass

    (201) 253-7991

    1 in this area

    3 Total Sales

    Roxana Perez Pineiro
    Section Image
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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS11002182

Real Estate Board of New York (REBNY)

APN: 01986-0025

New York Kings County Brooklyn 11216 Bed-Stuy

300 Gates Ave, Brooklyn, NY

Not Listed for Sale

MultiFamily

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