NOT LISTED FOR SALE

Estimated Value: $2,638,000 - $3,948,000

6 Beds
6 Baths
3,240 Sq Ft
$979/Sq Ft Est. Value

Last Sold September 03, 2021

Current estimated payment $17,215/month

33 Days on Market

Highlights

  • Pre War Building
  • Balcony
  • Garden
  • Terrace
  • Patio
  • Central Air

About This Home

As of September 2021

Welcome to 350 Gates Ave, a stunning, turn-key, two-family brownstone, townhouse with four bedrooms and four bathrooms in the triplex above, and two bedrooms plus two bathrooms in the duplex below, both with access to the stunning south facing backyard. Located on the border of Clinton Hill in Bed-Stuy. This property is currently situated in an opportunity zone, ask me for more information.
Estimated Annual RE taxes $5,311.00
Estimated Building SF 3438

The Owners Triplex
The owner/architect spared no expense turning his vision into reality. The property was renovated with great care and attention to detail, stripping away decades of paint from the original mahogany wood staircase, restoring the original wood burning fireplace on the parlor floor, restoring the original pocket doors dividing the kitchen and living area, and revitalizing the original decorative wood trim around the doorways and window frames back to their natural beauty.

Parlor Floor
The renovations did not stop there. He added stunning herringbone flooring on the parlor floor, stripped the original pine flooring throughout all the upper floors, restored the original decorative fireplaces in both bedrooms, built an estimated 18ft x 45ft extension off the parlor level extending the dining area, and added floor to ceiling sliding glass doors which allow light and fresh air to fill the space.

The Kitchen
The kitchen has been masterfully designed with sleek white cabinets and veined grey quartz countertops. The center island is perfect for entertaining with electrical outlets, a cut out for seating, and room to accommodate caterers and chefs with large work surfaces. The design is complete with a top of the line 36" Viking stove with vented hood, a Viking dishwasher, and beautiful stainless-steel appliances. The parlor floor has a sturdy metal staircase leading down to the backyard which is perfect for entertaining, BBQ gatherings, or enjoying the perfect serene environment to just relax in the quiet surroundings. There are stone pathways and a stunning tree for the birds to sing away in their perch above.

Second Floor
From the parlor floor, the staircase leads up to the third floor with 10 ceiling heights throughout. There you will find the grand master bedroom, which has three large windows and the original pocket shutters, plus an enormous ensuite glass enclosed master bath with the original restored cast iron bathtub, plus a separate stall shower. There is a large sink with two wash areas, and to top it off, a heated towel rack for those cozy winter months. On the opposite side of this third level there is another spacious bedroom which will easily fit a king-sized bed. It is currently being used as a workout room/office with an ensuite half bath and its own private terrace with south facing views. If you look closely in the terrace photo, you will see the neighborhood Blue Jay perched on the deck chair showing off for the camera.

Third Floor
This level is very unique. There are skylights in the main family room which allows tons of light to fill the space, south facing windows, a windowed full bath with tub, and an additional sink in this main family room. You can easily keep a small refrigerator upstairs with some basic essentials along with plates and cutlery. There are two bedrooms on this floor: one is large with two north facing windows, and the other is a smaller room perfect for an office or bedroom. In addition, there is a laundry closet with washer and dryer. This area can be used as an artists studio, game room, grand office, or playroom.

Roof Access
There is a staircase leading up to the roof with fifth story unobstructed views. This is a blank slate for the new owners to create their own stunning roof terrace.

Garden Level Duplex Apartment
This unit is stunning with its high-end finishes and modern kitchen. The kitchen has stone countertops, a dishwasher, stainless steel appliances, and a large living-dining area with large a glass door leading out the shared backyard-BBQ area. There are two bedrooms on this level. The larger bedroom has two closets and pocket shutters on the windows.

Lower-Level Rec Room
The stairs lead down from the garden level to a finished rec room with exposed beams. There is tiled flooring throughout, a laundry room with washer and dryer, plenty of closets and plenty of storage space. This is currently being used as their second living room/den.

Looking forward to giving you a tour of this magnificent property. You will be left in awe with the amount of space it boasts and the flow of this property. It is truly a rare find.

Last Agent to Sell the Property

Michael Hartman

Corcoran Group License #10401281337 Listed on: 05/19/2021

Corcoran Group

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1899

Home Design

  • Pre War Building

Bedrooms and Bathrooms

  • 6 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Patio
  • Terrace

Additional Features

  • 4-Story Property
  • Garden
  • Central Air

Community Details

  • 2 Units
  • Bedford Stuyvesant Subdivision

Listing and Financial Details

  • Tax Block 1812

Property Details

Home Type

Multi-Family

Year Built

Built in 1899

Lot Details

0

Listing Details

  • Cross Street: BEDFORD AVENUE and NOSTRAND AVENUE
  • Exposures: North,South
  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: Bedford - Stuyvesant
  • Architectural Style: Prewar
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 4

Interior Features

  • Appliances: Dryer, Washer

Beds/Baths

  • Full Bathrooms: 3
  • Half Bathrooms: 3
  • Bathrooms Integer: 6
  • Bedrooms: 6

Exterior Features

  • Exterior Features: Balcony, Garden
  • Patio/Porch Features: Patio, Terrace, Balcony

Garage/Parking

  • Garage: No

Utilities

  • Cooling: Central Air
  • Cooling: Yes

Building Info

  • Units: 2
  • Total Stories: 4
  • Year Built: 1899

Tax Info

  • Tax Block: 1812

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2021
Closed on
Sep 3, 2021
Sold by
Black Gates Llc
Bought by
Brown Jessica and Jopek-Pastuszak Alexandra
Seller's Agent
Michael Hartman
Corcoran Group
List Price
$3,300,000
Current Estimated Value
$3,172,524

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,500,000
Outstanding Balance
$2,269,849
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$902,675

Purchase Details

Closed on
May 2, 2016
Sold by
Estate Of Bernice E Stewart
Bought by
Black Gates Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
3.58%
Mortgage Type
Purchase Money Mortgage
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
Brown Jessica $3,500,000 --
Black Gates Llc $1,210,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brown Jessica $2,500,000
Previous Owner Black Gates Llc $750,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/03/2021 09/03/21 Sold -- -- --
06/22/2021 06/22/21 Pending -- -- --
05/19/2021 05/19/21 For Sale $3,300,000 -- $1,019 / 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 $9,476 $160,980 $14,580 $146,400
2024 $9,476 $127,140 $14,580 $112,560
2023 $9,124 $140,160 $14,580 $125,580
2022 $8,775 $153,540 $14,580 $138,960
2021 $9,062 $124,740 $14,580 $110,160
2019 $4,491 $104,760 $14,580 $90,180
2018 $2,927 $14,360 $2,107 $12,253
2017 $2,763 $13,552 $2,868 $10,684
2016 $2,560 $12,806 $3,661 $9,145
2015 $1,542 $12,788 $3,454 $9,334
2014 $1,542 $12,662 $4,102 $8,560
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10719316

Real Estate Board of New York (REBNY)

APN: 01812-0029