NOT LISTED FOR SALE

347 Gates Ave Unit 2 Brooklyn, NY 11216

Bed-Stuy Neighborhood

Estimated Value: $842,000 - $1,113,000

2 Beds
2 Baths
819 Sq Ft
$359/ mo HOA Fee

Last Sold March 12, 2024

Last sale price $1,080,000 $1,319 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $6,689/month

36 Days on Market

Highlights

  • Wood Flooring
  • Recessed Lighting
  • Central Heating and Cooling System
  • Intercom
  • Kitchen Island

About This Home

As of March 2024

Note: Buzz to enter from under the steps (Not up the front stairs)
Sophisticated 2B/2B Condo with Low Monthlies This 100-year-old barrel-front 20 foot wide brownstone stands out amongst the rest on tree-lined Gates Avenue, just off of Bedford Avenue. This space has been meticulously modernized with stunning herringbone oak floors, central air, in-unit Miele washer dryer and truly unique high-end fittings.
Both the living room and dining room have a total of 4 oversized south-facing Pella windows, bringing in direct light to the apartment and maintaining sound attenuation. The alcove off the living room offers space for a dining room table or a home office set-up with open sky views.
The open chef’s kitchen offers 24” deep storage, a white quartz waterfall island, Bertazzoni stove, Fisher Paykel stainless steel appliances, and an overhead microwave. The large kitchen island has a large and deep sink, with lots of counter space and storage below.
The primary bedroom has space for a home office or a king-sized bed and features an en-suite bathroom with luxurious Watermark brass fittings, floor to ceiling marble and tile with a deep soaking tub. Each bedroom has floor-to-ceiling closets built out with solid doors and upgraded hardware. 347 Gates Avenue is four-unit self-managed boutique condo with video intercom located at the crossroads of Clinton Hill and Bedford Stuyvesant, near Fort Greene and Herbert von King parks, and a short distance to Franklin Avenue C/Shuttle and Nostrand Avenue A/C stations, as well as the Bedford-Nostrand G-train station. Hip cafes, lounges, and restaurants are around every corner including Speedy Romeo’s, Hart’s, Stonefruit Kitchen, Meckelbergs, Locanda Vini and Olii, Clementine, and many more. Pet friendly Condo with subletting permitted.

Last Agent to Sell the Property

Rachel Greenstein

Compass License #10401327110 Listed on: 01/01/2024

Compass

Co-Listed By

Suzanne Koxvold

Compass License #40CA1081557

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,640

Year Built

  • Built in 1901

HOA Fees

  • $359 Monthly HOA Fees

Home Design

  • Entry on the 2nd floor

Interior Spaces

  • 819 Sq Ft Home
  • 4-Story Property
  • Recessed Lighting
  • Wood Flooring
  • Intercom

Kitchen

  • Gas Cooktop
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System

Community Details

  • 4 Units
  • Bedford Stuyvesant Subdivision

Listing and Financial Details

  • Legal Lot and Block 1203 / 01807

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,640

Year Built

Built in 1901

Lot Details

0 Sq Ft Lot

HOA Fees

$359 per month

Listing Details

  • Exposures: North,South
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Bedford-Stuyvesant
  • Architectural Style: Walk-Up
  • Entry Level: 2
  • Structure Type: Multi Family
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Interior Features: Kitchen Island, Recessed Lighting
  • Appliances: Dryer, Dishwasher, Gas Cooktop, Stainless Steel Appliance(s), Washer
  • Equipment (Other): Intercom
  • Fireplace: No
  • Flooring: Hardwood
  • Living Area: 819.0
  • Living Area Units: Square Feet
  • Window Features: Bay Window(s), Double Pane Windows

Beds/Baths

  • Full Bathrooms: 2
  • Bathrooms Integer: 2
  • Bedrooms: 2

Garage/Parking

  • Garage: No
  • Attached Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed, In Unit
  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Central
  • Heating: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 359.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium

Lot Info

  • Lot Size Units: Square Feet
  • Lot Size Dimensions: 20.000000x100.000000

Building Info

  • New Construction: No
  • Units: 4
  • Total Stories: 4
  • Year Built: 1901

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Block: 01807
  • Tax Lot: 1203
  • Tax Annual: 2640.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 1, 2024
Closed on
Mar 12, 2024
Sold by
Pensco Trust Company Llc Custodian F/B
Bought by
Gross Dalit and St. Julien Michael
Seller's Agent
Rachel Greenstein
Compass
List Price
$1,065,000
Sold Price
$1,080,000
Premium/Discount to List
$15,000
1.41%
Views
1149
Current Estimated Value
$1,029,995

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$50,005
Avg. Annual Appreciation
-2.35%
Original Mortgage
$756,000
Outstanding Balance
$742,314
Interest Rate
6.77%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$287,681

Purchase Details

Closed on
Oct 20, 2017
Sold by
Nayot Brooklyn Llc
Bought by
Pensco Trust Company
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
Gross Dalit $1,080,000 --
Gross Dalit $1,080,000 --
Pensco Trust Company $845,000 --
Pensco Trust Company $845,000 --
Pensco Trust Company $845,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gross Dalit $756,000
Closed Gross Dalit $756,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/12/2024 03/12/24 Sold $1,080,000 +1.4% $1,319 / Sq Ft
02/07/2024 02/07/24 Pending -- -- --
01/01/2024 01/01/24 For Sale $1,065,000 0.0% $1,300 / Sq Ft
06/30/2020 06/30/20 Rented -- -- --
05/31/2020 05/31/20 Under Contract -- -- --
10/20/2017 10/20/17 For Rent $3,400 -- --
Source: Real Estate Board of New York (REBNY)

Agents Affiliated with this Home

  • R

    Seller's Agent in 2024

    Rachel Greenstein

    Compass

    (646) 529-0905

    3 in this area

    51 Total Sales

    Rachel Greenstein
    Section Image
  • Suzanne Koxvold

    Seller Co-Listing Agent in 2024

    Suzanne Koxvold

    Compass

    (917) 496-8211

    5 in this area

    50 Total Sales

    Suzanne Koxvold
    Section Image

  • C

    Seller's Agent in 2020

    Chip Peoples

    Compass

    Section Image

  • H

    Seller's Agent in 2020

    Harrison Peoples

    Serhant

    (646) 543-7698

    1 Total Sale

    Harrison Peoples
    Section Image
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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10960041

Real Estate Board of New York (REBNY)

APN: 01807-1203

New York Kings County Brooklyn 11216 Bed-Stuy

347 Gates Ave Unit 2, Brooklyn, NY

Not Listed for Sale

Condos

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Real Estate Board of New York (REBNY) This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved.

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