NOT LISTED FOR SALE

573 Gates Ave Unit 1F Brooklyn, NY 11221

Bed-Stuy Neighborhood

Estimated Value: $2,814,000

-- Bed
1.5 Baths
660 Sq Ft
$186/mo HOA Fee

Last Sold September 03, 2021

Last sale price $460,000 $697 Per Sq Ft

Est. 512% increase in value since last sale

Current estimated payment $14,915/month

188 Days on Market

Highlights

  • Newly Remodeled
  • Pre War Building
  • Laundry Facilities
  • Rooftop Deck
  • Central Air
  • 4-minute walk to Hattie Carthan Playground

About This Home

As of September 2021

Private and virtual Showings/video tours available. Open houses by appointment only, one group at a time. Come home to modern Italian design and traditional brownstone charm in this inviting Spacious Studio plus downstairs rec-room/home office, one and a half-bathroom condominium in a brand-new boutique building in vibrant Bedford-Stuyvesant. This light-filled home is superbly designed to accentuate sunlight and maximize living space with an inviting layout, gorgeous wide-plank white oak floors and soaring 10-foot-tall ceilings with recessed lighting. The open chef's kitchen dazzles with quartz counters and custom cabinetry finished with gold fixtures. Smart task lighting and a suite of high-end stainless steel appliances by Bosch and Blomberg make cooking and cleanup a breeze while the wide peninsula is the perfect perch for casual dining under handsome globe pendant fixtures. In the dazzling spa bathroom, floor-to-ceiling Porcelanosa tiles, a frameless glass shower and sleek vanity cabinet create spa-like appeal. Central HVAC and oversized double-insulated, thermal-efficient sash windows ensure year-round comfort in this stunning Brooklyn home. Golden Gates Condos is a new, pet-friendly building where residents enjoy a virtual doorman system, central laundry, bike room, available FiOS service, a rear garden and a glorious common roof deck. From this outstanding Bed-Stuy block, you're surrounded by the area's famed dining and nightlife scene and close to Herbert Von King Park, Kosciuszko Pool and delightful neighborhood playgrounds and gardens. The G and A/C trains, excellent bus service and CitiBike stations nearby get you all around town with ease. *Photos are of similar unit with similar finishes in the building

Last Agent to Sell the Property

Adam Sadel

Compass License #10301214188 Listed on: 10/16/2020

Compass

Co-Listed By

Joshua Golan

Compass License #10301215797

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,464

Year Built

  • Built in 1931 | Newly Remodeled

Lot Details

  • 2,004

HOA Fees

  • $186 Monthly HOA Fees

Home Design

  • Pre War Building
  • Entry on the 1st floor

Interior Spaces

  • 660 Sq Ft Home
  • 4-Story Property

Utilities

  • Central Air

Listing and Financial Details

  • Legal Lot and Block 70 / 1810

Community Details

Overview

  • Bedford Stuyvesant Subdivision

Amenities

  • Rooftop Deck
  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,464

Year Built

Built in 1931 | Newly Remodeled

Lot Details

0

HOA Fees

$186 per month

Listing Details

  • Cross Street: Tompkins Avenue/Throop Avenue
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Bedford Stuyvesant
  • Architectural Style: Prewar
  • Entry Level: 1
  • ResoPropertyType: Residential
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Living Area: 660.0
  • Living Area Units: Square Feet

Beds/Baths

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Bathrooms Integer: 2

Exterior Features

  • Exterior Features: Building Roof Deck

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed, Common Area
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 186.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Size Dimensions: 20.0 x 100.0

Building Info

  • New Construction: Yes
  • Total Stories: 4
  • Year Built: 1931

Tax Info

  • Tax Block: 1810
  • Tax Lot: 70
  • Tax Annual: 4464.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 6, 2018
Sold by
573 Gates Llc
Bought by
573 Gates Llc
Current Estimated Value
$2,814,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,289,505
Outstanding Balance
$2,017,103
Interest Rate
4.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$796,897
Source: Public Records

Range of Values:

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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
573 Gates Llc $315,000 --
573 Gates Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 573 Gates Llc $2,289,505
Closed 573 Gates Llc $2,289,505
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/03/2021 09/03/21 Sold $460,000 0.0% $697 / Sq Ft
10/16/2020 10/16/20 For Sale $460,000 -- $697 / 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 -- -- -- --
2024 -- $0 $0 $0
2023 $0 $0 $0 $0
2022 $0 $0 $0 $0
2021 $0 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10027396

Real Estate Board of New York (REBNY)

APN: 01810-7501