$1,350,000
SOLD APR 28, 2025
4 Beds
2 Baths
2,400 Sq Ft
1899 Built

Recently Sold

$562 Per Sq Ft

4% Below List Price

85 Days on Market

Highlights

  • Wood Flooring
  • Built-In Features
  • No Heating
  • No HOA
  • Crown Molding

About This Home

As of April 2025

Welcome to 574 Gates Avenue, a beautifully gut-renovated two-family townhouse boasting 2,400 square feet of modern living space in the vibrant Bedford-Stuyvesant neighborhood. This home offers an exceptional opportunity for both end users and investors, featuring two spacious 2-bedroom apartments and a fully finished basement, providing flexibility and comfort. Both apartments are designed with modern living in mind, offering open-concept layouts that maximize space and natural light. Each unit features a stylish, fully equipped kitchen with stainless steel appliances, custom cabinetry, and sleek quartz countertops, perfect for culinary enthusiasts. The updated bathrooms are fitted with high-end fixtures and contemporary finishes, adding a touch of luxury to everyday living. The fully finished basement provides an additional versatile space, ideal for use as a recreation room, home office, or gym, and is complete with a laundry area and ample storage. Outside, the private backyard offers a serene escape, perfect for outdoor gatherings, gardening, or quiet relaxation. Every inch of this home has been thoughtfully renovated, with beautiful hardwood floors, recessed lighting, and efficient heating and cooling systems throughout. Location Highlights: Nestled in the heart of Bed-Stuy, you’re steps away from local hotspots like Saraghina, Peaches, and Bed-Vyne Brew. Enjoy easy access to parks, schools, and public transportation, with the A/C trains just a short walk away, offering seamless connectivity to Manhattan and other Brooklyn neighborhoods. This stunning townhouse is perfect for those seeking a move-in ready home with strong income potential in one of Brooklyn’s most sought-after communities.

Last Agent to Sell the Property

Erion Ahmetaj

Compass License #10301219187 Listed on: 10/21/2024

Compass

Co-Listed By

Ergin Ahmetaj

Compass License #10401353531

Last Buyer's Agent

Scott Waldman

Corcoran Group License #10301200072

Corcoran Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,644

Year Built

  • Built in 1899

Lot Details

  • Lot Dimensions are 16.670000x100.000000

Home Design

  • Duplex
  • Entry on the 1st floor

Interior Spaces

  • 2,400 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Crown Molding
  • Wood Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • No Cooling
  • No Heating

Community Details

  • No Home Owners Association
  • 2 Units
  • Bedford Stuyvesant Subdivision

Listing and Financial Details

  • Legal Lot and Block 34 / 01815

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,644

Year Built

Built in 1899

Lot Details

0 Sq Ft Lot

Listing Details

  • Property SubType: Duplex
  • Property Type: Residential
  • Neighborhood: Bedford-Stuyvesant
  • Entry Level: 1
  • Structure Type: Duplex, Townhouse
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Features: Built-in Features, Crown Molding
  • Fireplace: No
  • Flooring: Hardwood
  • Living Area: 2400.0
  • Living Area Units: Square Feet

Beds/Baths

  • Full Bathrooms: 2
  • Bathrooms Integer: 2
  • Bedrooms: 4

Exterior Features

  • View: No

Garage/Parking

  • Garage: No
  • Attached Garage: No

Utilities

  • Laundry Features: See Remarks
  • Cooling: No
  • Heating: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee Frequency: Monthly
  • Association: No
  • Common Interest: None

Lot Info

  • Lot Size Units: Square Feet
  • Lot Size Dimensions: 16.670000x100.000000

Building Info

  • New Construction: No
  • Units: 2
  • Total Stories: 2
  • Year Built: 1899

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Block: 01815
  • Tax Lot: 34
  • Tax Annual: 4644.0

Multi Family

  • Building Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 30, 2018
Sold by
Cuthbertson Mark Esq
Bought by
574 Gates Ave Nib Llc
Current Estimated Value
$1,431,411

Purchase Details

Closed on
Dec 1, 2004
Sold by
Elena Maku Esq - As Referee
Bought by
Better Homes Depot Inc
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

Date Type Sale Price Title Company
Deed $655,000 --
Deed $315,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/28/2025 04/28/25 Sold $1,350,000 -3.6% $563 / Sq Ft
01/14/2025 01/14/25 Pending -- -- --
10/21/2024 10/21/24 For Sale $1,400,000 -- $583 / Sq Ft
Source: Real Estate Board of New York (REBNY)

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 $4,647 $79,800 $15,720 $64,080
2024 $4,647 $78,480 $15,720 $62,760
2023 $4,433 $70,800 $15,720 $55,080
2022 $3,500 $77,580 $15,720 $61,860
2021 $3,411 $85,080 $15,720 $69,360
2020 $1,349 $103,200 $15,720 $87,480
2019 $4,033 $92,340 $15,720 $76,620
2018 $3,708 $18,190 $3,099 $15,091
2017 $3,498 $17,161 $4,611 $12,550
2016 $3,237 $16,190 $5,875 $10,315
2015 $1,953 $16,190 $6,597 $9,593
2014 $1,953 $16,068 $7,020 $9,048
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS11016852

Real Estate Board of New York (REBNY)

APN: 01815-0034

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