NOT LISTED FOR SALE

892 Gates Ave Brooklyn, NY 11221

Bed-Stuy Neighborhood

Estimated Value: $1,341,000 - $1,782,000

5 Beds
4 Baths
2,100 Sq Ft
$765/Sq Ft Est. Value

Last Sold July 02, 2018

Last sale price $1,435,000 $683 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $8,996/month

45 Days on Market

About This Home

As of July 2018

Welcome to 892 Gates a warm and inviting home with personal details, custom finishes and top of the line materials. This complete designer high end renovation sets the tone with an emphasis on under stated details and focus on excellent craftsmanship throughout the open layout and professionally landscaped backyard.

Built over three stories the owners duplex features an open layout with an abundance of sunlight through large picturesque windows. The parlor floor includes a spacious living room, dining area and an expansive chef's kitchen with stainless appliances, stone counters, a deep center island and a brick fireplace. The parlor floor is complete with a half bath and direct access to the owners private outdoor oasis.

The second floor is equipped with an oversized master bedroom an en-suite bathroom, plenty of closet space and an additional two bedrooms and full bathroom. The third floor is a cozy and adorable addition with an attic space featuring a skylight that can be used for additional living space or entertainment.



The owners duplex sits over a 2 bedroom, 1 bathroom, private garden simplex rental unit that currently rents for $1,900/month.

892 Gates is conveniently located near burgeoning cafes, restaurants and night life plus the conveniences of the J/Z/M/A and C trains

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,936

Lot Details

  • Garden

Home Design

Interior Spaces

  • 2,100 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Laundry

  • Dryer
  • Washer

Community Details

  • 2 Units
  • Brooklyn Subdivision

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,936

Lot Details

0

Listing Details

  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: Brooklyn
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Appliances: Dryer, Washer
  • Living Area: 2100.0
  • Living Area Units: Square Feet
  • Rooms (Total): 12

Beds/Baths

  • Bathrooms Integer: 4
  • Bedrooms: 5

Exterior Features

  • Exterior Features: Garden

Building Info

  • Units: 2
  • Total Stories: 3

Tax Info

  • Tax Block: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2018
Closed on
Jul 2, 2018
Sold by
Liggin Casandra and Moleon Andy
Bought by
Chien Hsiao-Pei and Huang James
List Price
$1,435,000
Sold Price
$1,435,000
Current Estimated Value
$1,606,132

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$171,132
Avg. Annual Appreciation
1.59%
Original Mortgage
$362,309
Outstanding Balance
$314,651
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$1,291,481

Purchase Details

Closed on
Jan 13, 2015
Sold by
892 Gates Ave Corp
Bought by
Liggin Casandra and Moleon Andy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$814,763
Interest Rate
3.96%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 2, 2013
Sold by
Ford Carrieta and Ford David A
Bought by
892 Gates Ave Corp

Purchase Details

Closed on
Feb 15, 2005
Sold by
Ford Carrietta and Ford David A
Bought by
Carrietta Ford and Ford David A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
5.81%

Purchase Details

Closed on
Dec 31, 2004
Sold by
Landrine Linda
Bought by
Ford David A and Ford Carretta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
5.81%

Purchase Details

Closed on
May 8, 2003
Sold by
Ford Carrietta and Ford David A
Bought by
Landrine Linda
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
Chien Hsiao-Pei $1,435,000 --
Chien Hsiao-Pei $1,435,000 --
Liggin Casandra $875,000 --
Liggin Casandra $875,000 --
892 Gates Ave Corp $409,025 --
892 Gates Ave Corp $409,025 --
Carrietta Ford -- --
Carrietta Ford -- --
Ford David A -- --
Ford David A -- --
Landrine Linda $330,000 --
Landrine Linda $330,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chien Hsiao-Pei $362,309
Closed Chien Hsiao-Pei $362,309
Previous Owner Liggin Cassandra $67,000
Previous Owner Liggin Casandra $16,147
Previous Owner Liggin Casandra $814,763
Previous Owner Matthews Gracie R $185,000
Previous Owner Ford David A $585,000
Previous Owner Ford Carrietta $480,000
Previous Owner Ford David A $380,000
Previous Owner Ford David A $260,000
Previous Owner Ford David A $210,000
Closed Landrine Linda $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/02/2018 07/02/18 Sold $1,435,000 0.0% $683 / Sq Ft
06/02/2018 06/02/18 Pending -- -- --
04/17/2018 04/17/18 For Sale $1,435,000 -- $683 / 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 $2,936 $93,180 $18,780 $74,400
2024 $2,936 $84,180 $18,780 $65,400
2023 $2,969 $100,140 $18,780 $81,360
2022 $2,832 $90,300 $18,780 $71,520
2021 $2,872 $87,240 $18,780 $68,460
2020 $1,349 $83,220 $18,780 $64,440
2019 $2,548 $85,200 $18,780 $66,420
2018 $2,483 $12,182 $3,887 $8,295
2017 $2,410 $11,822 $4,563 $7,259
2016 $2,274 $11,373 $5,923 $5,450
2014 $1,345 $10,152 $6,463 $3,689
Source: Public Records

Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10467643

Real Estate Board of New York (REBNY)

APN: 01637-0019

New York Kings County Brooklyn 11221 Bed-Stuy

892 Gates Ave, Brooklyn, NY

This home is located at 892 Gates Ave, Brooklyn, NY 11221 since 11 April 2018 and is currently estimated at $1,606,132, approximately $764 per square foot. 892 Gates Ave is a home located in Kings County with nearby schools including P.S. 309 George E. Wibecan Preparatory Academy, Brooklyn Excelsior Charter School, and Excellence Girls Charter School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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. ©2025 The Real Estate Board of New York, Inc., All rights reserved.

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