358 Gates Ave Brooklyn, NY 11216
Bed-Stuy NeighborhoodEstimated payment $13,890/month
About This Home
COMES WITH DEEDED PARKING
Opportunity awaits at 358 Gates Avenue, now offered with approved plans to correct a non-conforming Certificate of Occupancy. Completely renovated from top to bottom in 2015, including all new mechanicals, this property also offers approximately 600 square feet of unused FAR for future expansion.
The home is configured as an owner's 4-bedroom, 3.5-bath triplex over a high-income-producing 2-bedroom, 2-bath garden rental.
The triplex blends modern convenience with original townhouse character. The parlor floor is designed for entertaining, with a large living room that flows into a bright kitchen/dining area overlooking a spacious private terrace and garden. The chef's kitchen features an all-Viking appliance package, custom cabinetry, and a waterfall stone island.
The second floor is dedicated to the primary suite, which includes an oversized walk-in closet and a flexible home office or den. The top floor offers three light-filled bedrooms and two bathrooms. A finished cellar, accessible from the triplex, adds additional flexible space.
The garden apartment is approximately 1,000 sq. ft. and includes stainless steel appliances, a washer/dryer, private outdoor space, and central heat and AC. Projected rent is approximately $4,250/month.
Additional highlights include solar panels that produce more energy than the home consumes and a rare deeded parking space.
Located on the Clinton Hill/Bed-Stuy border, the property sits on a tree-lined block with restaurants and shops in every direction and convenient access to multiple train lines: G at Bedford-Nostrand, C/S at Franklin, and A/C and LIRR at Nostrand.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,696
Year Built
- Built in 1899
Lot Details
- 1,900 Sq Ft Lot
- Lot Dimensions are 100.00x19.00
Home Design
- Entry on the 1st floor
Interior Spaces
- 3,400 Sq Ft Home
- 3-Story Property
- 1 Fireplace
- Laundry in unit
Bedrooms and Bathrooms
- 6 Bedrooms
Utilities
- Cooling Available
Community Details
- 2 Units
- Bedford Stuyvesant Subdivision
Listing and Financial Details
- Legal Lot and Block 0034 / 01812
Map
Home Values in the Area
Average Home Value in this Area
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 | $86,460 | $15,120 | $71,340 |
| 2024 | $3,662 | $85,680 | $15,120 | $70,560 |
| 2023 | $3,500 | $93,480 | $15,120 | $78,360 |
| 2022 | $1,153 | $85,320 | $15,120 | $70,200 |
| 2021 | $1,306 | $93,600 | $15,120 | $78,480 |
| 2020 | $641 | $101,760 | $15,120 | $86,640 |
| 2019 | $1,251 | $89,760 | $15,120 | $74,640 |
| 2018 | $2,927 | $14,360 | $2,655 | $11,705 |
| 2017 | $2,763 | $13,552 | $2,683 | $10,869 |
| 2016 | $2,560 | $12,806 | $3,422 | $9,384 |
| 2015 | $1,542 | $12,788 | $3,704 | $9,084 |
| 2014 | $1,542 | $12,662 | $4,402 | $8,260 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/30/2025 07/30/25 | For Sale | $2,595,000 | +41.0% | $763 / Sq Ft | |
| 04/20/2022 04/20/22 | Off Market | $1,840,000 | -- | -- | |
| 10/20/2014 10/20/14 | Sold | $1,840,000 | -8.0% | $541 / Sq Ft | View Prior Sale |
| 09/20/2014 09/20/14 | Pending | -- | -- | -- | |
| 07/17/2014 07/17/14 | For Sale | $1,999,000 | -- | $588 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | $1,840,000 | -- | |
| Deed | $1,840,000 | -- | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | $285,000 | -- | |
| Deed | $285,000 | -- | |
| Deed | -- | -- | |
| Deed | $25,000 | -- | |
| Deed | $25,000 | -- | |
| Deed | $700,000 | -- | |
| Deed | $700,000 | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $840,000 | Purchase Money Mortgage | |
| Previous Owner | $285,000 | New Conventional | |
| Previous Owner | $560,000 | Purchase Money Mortgage |
Source: Real Estate Board of New York (REBNY)
MLS Number: RLS20040049
APN: 01812-0034
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