NOT LISTED FOR SALE

352 Gates Ave Brooklyn, NY 11216

Bed-Stuy Neighborhood

Estimated Value: $1,166,000 - $1,399,000

6 Beds
2 Baths
2,884 Sq Ft
$456/Sq Ft Est. Value

Last Sold August 27, 2021

Last sale price $999,999 $347 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $7,071/month

About This Home

As of August 2021

Bedford Stuyvesant Brownstone Brooklyn. Seeking an excellent opportunity in the "eye of Bed Stuy" then look no further. Prime Gates Avenue block between Nostrand Avenue and Bedford Avenue - heart of Bed Stuy. 3 story turn of the last century (1899) brownstone with 4th floor set back offers approximately 3000 sq.ft. of living space with many of the original details still in tact that can easily be transformed into a modern double duplex marvel. Subject property is being sold occupied with any and all occupants in AS IS/WHERE IS condition. Neither the seller nor the listing broker can verify the existence of any lease agreement, either written or verbal, nor any rental amount being paid, due or owing. No access - please DO NOT disturb the occupants. Buyer is assuming ALL responsibility for any necessary eviction action. No representations or warranties. Buyer responsible for any liens or violations. Buyer to pay NYC / NYS transfer taxes. Cash only.

Last Agent to Sell the Property

Ken Macbride

BHHS Fillmore R.E. Listed on: 06/10/2021

BHHS Fillmore R.E.

Last Buyer's Agent

Ken Macbride

BHHS Fillmore R.E. Listed on: 06/10/2021

BHHS Fillmore R.E.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,234

Year Built

  • Built in 1899

Lot Details

  • 1,783 Sq Ft Lot
  • Lot Dimensions are 100 x 17

Home Design

  • 2,884 Sq Ft Home
  • Brownstone

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Block 1812

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,234

Year Built

Built in 1899

Lot Details

1,783 Sq Ft Lot

Listing Details

  • Basement Amenities: Other
  • Total Bathrooms: 2.00
  • Borough: Brooklyn
  • Building Length: 42.00
  • Building Width: 17.83
  • Confirmed By M L S Y N: Yes
  • Cross Street: Bedford Avenue
  • Cross Street Name2: Nostrand Avenue
  • Handicap Access Y N U: No
  • Heat Delivery: Other
  • Negotiate Thru: Broker
  • Number Of Families: 2
  • Parking Feature Single: None
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: None
  • Fill Sq Ft Total: 2884
  • Street Name I D X: Gates
  • Year Built: 1899
  • Special Features: 20

Interior Features

  • Basement Full Bathrooms: 2
  • Total Bedrooms: 6
  • Flooring: Other
  • Lot Sq Ft: 1783

Exterior Features

  • Yard: Other
  • Exterior Building Type: Attached
  • Construction Type: Other
  • Exterior: Brownstone
  • Foundation Details: Other
  • Lot Number: 30
  • Roof: Other

Utilities

  • Air Conditioning Units: 0
  • Electric: Other
  • Heating Fuel: Other
  • Hot Water: Other

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 17
  • Zoning: R6B

Tax Info

  • Flip Tax Amount: 3234.00

Multi Family

  • Unit Count: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 17, 2021
Sold by
Quad Borough Partners Llc
Bought by
352 Gates Ave Llc
Current Estimated Value
$1,314,810

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,001
Outstanding Balance
$141,993
Interest Rate
3.12%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,172,817

Purchase Details

Listed on
Jun 10, 2021
Closed on
Aug 27, 2021
Sold by
Reoco Inc
Bought by
Quad Borough Partners Llc
Seller's Agent
Ken Macbride
BHHS Fillmore R.E.
Buyer's Agent
Ken Macbride
BHHS Fillmore R.E.
Sold Price
$1,000,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.21%
Original Mortgage
$999,999
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 11, 2019
Sold by
Emc Mortgage Llc and Emc Mortgage Corporation
Bought by
Reoco Inc

Purchase Details

Closed on
Dec 11, 2018
Sold by
Saltiel Jeffrey L Esq
Bought by
Emc Mortgage Corporation

Purchase Details

Closed on
Jul 13, 2007
Sold by
Durham Marilyn
Bought by
Lamb Deangela

Purchase Details

Closed on
Jan 4, 2006
Sold by
Lamb Deangela
Bought by
Durham Marilyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,300
Interest Rate
6.28%

Purchase Details

Closed on
Dec 21, 2005
Sold by
Price Tasheena
Bought by
Lamb Deangela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,300
Interest Rate
6.28%

Purchase Details

Closed on
Dec 20, 1999
Sold by
Craig Andrew and Bacharach Karen
Bought by
Durham Marilyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,250
Interest Rate
8.3%
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
352 Gates Ave Llc -- --
352 Gates Ave Llc -- --
352 Gates Ave Llc -- --
Quad Borough Partners Llc $999,999 --
Quad Borough Partners Llc $999,999 --
Quad Borough Partners Llc $999,999 --
Reoco Inc $10 --
Reoco Inc $10 --
Reoco Inc $10 --
Emc Mortgage Corporation $539,900 --
Emc Mortgage Corporation $539,900 --
Emc Mortgage Corporation $539,900 --
Lamb Deangela -- --
Lamb Deangela -- --
Durham Marilyn -- --
Durham Marilyn -- --
Lamb Deangela $556,600 --
Lamb Deangela $556,600 --
Durham Marilyn $235,000 Fidelity National Title Ins
Durham Marilyn $235,000 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 352 Gates Ave Llc $155,001
Closed 352 Gates Ave Llc $155,001
Previous Owner Quad Borough Partners Llc $999,999
Previous Owner Lamb Deangela $111,300
Previous Owner Lamb Deangela $445,200
Previous Owner Durham Marilyn $223,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/27/2021 08/27/21 Sold $1,000,000 -- $347 / Sq Ft
06/10/2021 06/10/21 Pending -- -- --
Source: Brooklyn Board of REALTORS®

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 $3,662 $81,060 $14,460 $66,600
2024 $3,662 $95,340 $14,460 $80,880
2023 $3,500 $84,240 $14,460 $69,780
2022 $3,244 $87,000 $14,460 $72,540
2021 $3,234 $75,480 $14,460 $61,020
2020 $1,605 $82,140 $14,460 $67,680
2019 $3,178 $90,840 $14,460 $76,380
2018 $2,927 $14,360 $2,119 $12,241
2017 $2,763 $13,552 $2,775 $10,777
2016 $2,560 $12,806 $3,539 $9,267
2015 $1,542 $12,788 $4,197 $8,591
2014 $1,542 $12,662 $4,989 $7,673
Source: Public Records

Agents Affiliated with this Home

  • Ken Macbride

    Seller's Agent in 2021

    Ken Macbride

    BHHS Fillmore R.E.

    (718) 615-2007

    5 in this area

    147 Total Sales

    Ken Macbride
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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 451904

Brooklyn Board of REALTORS®

APN: 01812-0030

New York Kings County Brooklyn 11216 Bed-Stuy

352 Gates Ave, Brooklyn, NY

Not Listed for Sale

MultiFamily

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