NOT LISTED FOR SALE

370 Gates Ave Unit 2 Brooklyn, NY 11216

Bed-Stuy Neighborhood

Estimated Value: $1,136,000 - $1,414,000

2 Beds
2 Baths
1,151 Sq Ft
2,500 Sq Ft Lot

Sale Details

Date Sold: July 31, 2018

Last sale price $1,167,500 $1,014 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $8,223 / mo

19 Days on Market

Highlights

  • Built in 2016 | Newly Remodeled
  • City View
  • Eat-In Kitchen
  • Rooftop Deck
  • Balcony
  • Central Air

About This Home

As of July 2018

The very first re-sale in this sought-after new development, 370 Gates Avenue offers the opportunity to experience Brooklyn living at its finest. Spectacular light streams through this brand new sprawling 2 bedroom, 2 bath home. Apartment 2 features a double-wide living/dining room with two large casement windows overlooking the tree tops of this charming block. Ideal for entertaining, the open kitchen boasts top-of-the-line stainless steel appliances, marble countertops and abundant custom cabinetry. A light-filled master suite enjoys a private balcony, walk-in closet and spa-like en-suite bath featuring radiant heated flooring, deep soaking tub and Carrera Porcelanosa marble throughout. The south-facing secondary bedroom is also large and sun-filled with abundant closet space. A secondary full bath services this bedroom and offers herringbone marble floors, oversized shower and ample storage. Central air/heat from the Nest System, smart wiring, wide plank oak flooring and a washer/dryer complete this well-considered floorplan. Located in the heart of vibrant Bedford-Stuyvesant, 370 Gates Avenue is a brand new boutique condominium featuring eight exclusive residences and a shared landscaped rooftop. This is a self-managed, non-doorman condo with visual video intercom and one flight of stairs up to this beautiful home. A private storage unit conveys with this purchase.

Last Agent to Sell the Property

Kristi Ambrosetti

Sothebys International Realty License #10301212465 Listed on: 03/21/2018

Sothebys International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,340

Year Built

  • Built in 2016 | Newly Remodeled

Lot Details

  • 2,500

HOA Fees

  • $350 Monthly HOA Fees

Home Design

  • Entry on the 2nd floor

Interior Spaces

  • 1,151 Sq Ft Home
  • 4-Story Property
  • City Views
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer
  • Washer Dryer Allowed

Additional Features

  • Balcony
  • Central Air

Community Details

Overview

  • 4 Units
  • Bedford Stuyvesant Subdivision

Amenities

  • Rooftop Deck

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,340

Year Built

Built in 2016 | Newly Remodeled

Lot Details

2,500 Sq Ft Lot

HOA Fees

$350 per month

Listing Details

  • Exposures: North,South
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Bedford-Stuyvesant
  • Entry Level: 2
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Interior Features: Eat-in Kitchen
  • Appliances: Dryer, Washer Dryer Allowed, Washer
  • Living Area: 1151.0
  • Living Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • View: City
  • View: Yes
  • Exterior Features: Balcony, Building Roof Deck
  • Patio/Porch Features: Balcony

Garage/Parking

  • Garage: No

Utilities

  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 350.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium

Lot Info

  • Lot Size Area: 2500.0
  • Lot Size Dimensions: 25.0 x 100.0

Building Info

  • New Construction: Yes
  • Units: 4
  • Total Stories: 4
  • Year Built: 2016

Tax Info

  • Tax Block: 0
  • Tax Annual: 8340.0

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2018
Closed on
Jul 31, 2018
Sold by
Bought by
Seller's Agent
Kristi Ambrosetti
Sothebys International Realty
List Price
$1,200,000
Sold Price
$1,167,500
Premium/Discount to List
-$32,500
-2.71%
Current Estimated Value
$1,271,335

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,835
Avg. Annual Appreciation
1.07%
Original Mortgage
$934,000
Interest Rate
0.045%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 18, 2017
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$799,200
Interest Rate
0.0391%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,167,500 --
$999,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $934,000
Previous Owner $799,200
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/31/2018 07/31/18 Sold $1,167,500 -2.7% $1,014 / Sq Ft
04/10/2018 04/10/18 Pending -- -- --
03/21/2018 03/21/18 For Sale $1,200,000 -- $1,043 / Sq Ft
Source: Real Estate Board of New York (REBNY)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $10,708 $183,240 $27,486 $155,754
2025 $10,378 $152,730 $27,486 $125,244
2024 $10,378 $145,676 $27,486 $118,190
2023 $9,428 $123,595 $27,486 $96,109
2022 $8,707 $121,488 $27,486 $94,002
2021 $8,083 $97,209 $27,486 $69,723
2020 $8,219 $94,369 $27,486 $66,883
2019 $8,310 $78,623 $27,486 $51,137
2018 $0 $65,519 $27,486 $38,033
Source: Public Records

Agents Affiliated with this Home

  • Kristi Ambrosetti

    Seller's Agent in 2018

    Kristi Ambrosetti

    Sothebys International Realty

    (212) 606-7702

    77 Total Sales

    Kristi Ambrosetti
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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10549598

Real Estate Board of New York (REBNY)

APN: 01812-1202

New York Kings County Brooklyn 11216 Bed-Stuy

370 Gates Ave Unit 2, Brooklyn, NY

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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.

RLS Data display by Homes.com LLC

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