NOT LISTED FOR SALE

898 Gates Ave Brooklyn, NY 11221

Bed-Stuy Neighborhood

Estimated Value: $1,031,000 - $1,711,000

6 Beds
4 Baths
2,800 Sq Ft
$536/Sq Ft Est. Value

Sale Details

Date Sold: February 10, 2022

Last sale price $1,560,000 $557 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $8,543 / mo

49 Days on Market

About This Home

As of February 2022

Welcome to 898 Gates Avenue; an immaculately well-kept 20?-wide legal two-family townhouse originally built in 1899, currently being used like a three in the heartbeat of Bedford-Stuyvesant. This charming home offers a sprawling two-bedroom, two-bathroom lower duplex with a windowed eat-in-kitchen, private garden, wet bar, laundry, original fireplace mantel details & cellar access. The top two floors offer the opportunity to use an upper duplex featuring an open kitchen with granite island & countertops, warm exposed brick detail, crisp plank flooring, along with two generously proportioned bedrooms, two full bathrooms & home offices.

898 Gates Avenue is a tremendous opportunity to own a multi-family townhouse in arguably one of Brooklyn?s hottest neighborhoods at an incredible value! Enjoy low taxes & premium building proportions for a savvy investment. With an FAR (floor-area-ratio) of 3, you also have approximately 3,200 buildable square feet to expand on your home even further, paving the way for a potential condo conversion as well. The opportunities are endless while being within the epicenter of Brooklyn and close proximity to neighborhood amenities such as cafes, restaurants, parks, transportation & many more.

Contact us today for a private tour!

Last Agent to Sell the Property

Daniel Kandinov

Corcoran Group License #10401279436 Listed on: 10/14/2021

Corcoran Group

Co-Listed By

Natalia Kaminskaya

Corcoran Group License #10401297888

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Property Details

Home Type

  • Multi-Family

Lot Details

  • 2,004

Home Design

Interior Spaces

  • 4-Story Property
  • Washer Dryer Allowed

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Block 01637

Property Details

Home Type

Multi-Family

Lot Details

2,004 Sq Ft Lot

Listing Details

  • Property SubType: Multi Family
  • Property Type: Residential
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 4

Interior Features

  • Appliances: Washer Dryer Allowed

Beds/Baths

  • Full Bathrooms: 4
  • Bathrooms Integer: 4
  • Bedrooms: 6

Garage/Parking

  • Garage: No

Building Info

  • Units: 2
  • Total Stories: 4

Tax Info

  • Tax Block: 01637

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
Oct 14, 2021
Closed on
Feb 10, 2022
Sold by
Figueroa Jasmine and Sanchez Violeta
Bought by
Seller's Agent
Daniel Kandinov
Corcoran Group
List Price
$1,580,000
Sold Price
$1,560,000
Premium/Discount to List
-$20,000
-1.27%
Current Estimated Value
$1,499,735

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$60,265
Avg. Annual Appreciation
-0.86%
Original Mortgage
$1,248,000
Outstanding Balance
$1,138,730
Interest Rate
3.55%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$361,005

Purchase Details

Closed on
Jan 16, 2009
Sold by
Sanchez Violet and Sanchez Violeta
Bought by
Figueroa Jasmine and Sanchez Violeta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$402,000
Interest Rate
5.28%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 7, 2006
Sold by
Pacheco Gloria
Bought by
Sanchez Violet

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$384,120
Interest Rate
6.59%

Purchase Details

Closed on
Apr 25, 2005
Sold by
Nunez Jesus and Sanchez Violet
Bought by
Pacheco Gloria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$343,600
Interest Rate
6.01%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 14, 1999
Sold by
Sanchez Henry and Sanchez Severo
Bought by
Nunez Jesus and Sanchez Violet

Purchase Details

Closed on
Apr 19, 1996
Sold by
Daniel Properties Inc
Bought by
Sanchez Henry and Sanchez Severo
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Bed-Stuy, NY

  • Teri Cavanaugh Real Estate Agent - Corcoran Group

    Teri Cavanaugh

    Corcoran Group

    (628) 800-0923

    32 Total Sales

    1 in Bed-Stuy

    $800,000 Price

    Teri Cavanaugh
     Section Image
  • Scarla Pineda Real Estate Agent - Peace of Mind Realty

    Scarla Pineda

    Peace of Mind Realty

    (833) 213-1431

    32 Total Sales

    3 in Bed-Stuy

    $1.5M - $2.6M Price Range

    Scarla Pineda
     Section Image
  • Viola Taliaferrow Real Estate Agent - Keller Williams Realty Group

    Viola Taliaferrow

    Keller Williams Realty Group

    (914) 758-1743

    34 Total Sales

    1 in Bed-Stuy

    $1,625,000 Price

    Viola Taliaferrow
     Section Image
  • Jamie Heinlein Real Estate Agent - Compass

    Jamie Heinlein

    Compass

    (646) 933-1437

    115 Total Sales

    1 in Bed-Stuy

    $1,400,000 Price

    Jamie Heinlein
     Section Image
  • Jenefer Joseph Real Estate Agent - JENEFER JOSEPH & ASSOCIATES INC

    Jenefer Joseph

    JENEFER JOSEPH & ASSOCIATES INC

    (516) 518-5230

    35 Total Sales

    1 in Bed-Stuy

    $835,000 Price

    Jenefer Joseph
     Section Image
  • Steve Caro Real Estate Agent - Robert DeFalco Realty, Inc.

    Steve Caro

    Robert DeFalco Realty, Inc.

    (855) 617-4903

    41 Total Sales

    1 in Bed-Stuy

    $1,600,000 Price

    Steve Caro
     Section Image
See All Agents

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
$1,560,000 --
Figueroa Jasmine -- --
Sanchez Violet -- --
Pacheco Gloria $430,000 --
Nunez Jesus -- Commonwealth Land Title Ins
Sanchez Henry $169,000 First American Title Ins Co
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 -- $1,248,000
Closed Anspach Easton $156,000
Previous Owner Figueroa Jasmine $402,000
Previous Owner Sanchez Violet $384,120
Closed -- $343,600
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
05/11/2022 05/11/22 Off Market $1,560,000 -- --
02/10/2022 02/10/22 Sold $1,560,000 -1.3% $557 / Sq Ft
10/14/2021 10/14/21 For Sale $1,580,000 -- $564 / 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 $3,214 $102,480 $22,200 $80,280
2025 $3,214 $103,500 $22,200 $81,300
2024 $3,214 $92,700 $22,200 $70,500
2023 $3,224 $84,480 $22,200 $62,280
2022 $2,991 $82,380 $22,200 $60,180
2021 $2,975 $90,360 $22,200 $68,160
2020 $1,395 $84,720 $22,200 $62,520
2019 $2,790 $69,240 $22,200 $47,040
2018 $2,697 $13,231 $6,142 $7,089
2017 $2,545 $12,484 $5,892 $6,592
2016 $2,355 $11,779 $7,501 $4,278
2015 $1,201 $11,113 $7,960 $3,153
2014 $1,201 $11,113 $6,764 $4,349
Source: Public Records

Agents Affiliated with this Home

  • Daniel Kandinov Real Estate Agent - Corcoran Group

    Seller's Agent in 2022

    Daniel Kandinov

    Corcoran Group

    (646) 483-8600

    15 in this area

    55 Total Sales

    Daniel Kandinov
    Section Image
  • Natalia Kaminskaya Real Estate Agent - Corcoran Group

    Seller Co-Listing Agent in 2022

    Natalia Kaminskaya

    Corcoran Group

    (347) 414-2806

    10 in this area

    31 Total Sales

    Natalia Kaminskaya
    Section Image
See All Agents

Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10755459

Real Estate Board of New York (REBNY)

APN: 01637-0022

New York Kings County Brooklyn 11221 Bed-Stuy

898 Gates Ave, Brooklyn, NY

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. ©2026 The Real Estate Board of New York, Inc., All rights reserved.

RLS Data display by Homes.com LLC

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.