NOT LISTED FOR SALE

Estimated Value: $1,331,000 - $1,562,368

5 Beds
3 Baths
2,880 Sq Ft
$502/Sq Ft Est. Value

Sale Details

Date Sold: August 1, 2024

Last sale price $1,300,000 $451 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $8,560 / mo

97 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Eat-In Kitchen
  • Private Yard
  • Stainless Steel Appliances
  • Built-In Features

About This Home

As of August 2024

Welcome to the stunning two-family townhouse located at 943 Gates Avenue, in Brooklyn. This exceptional property offers an abundance of space for comfortable living. It has a total of 5 bedrooms and 3 bathrooms across 3 spacious levels set up as an owners 3 bedroom, 2 bathroom duplex with a completely separate 2 bedroom rental apartment. As you step inside, you will be greeted by the charm of exposed brick and elegant built-ins, complemented by the warmth of hardwood floors throughout. The main level features the living room, full bath and a recently renovated, inviting kitchen with separate dining area. It has elegant quartz countertops, a suite of stainless steel appliances, a large island, and windows which provide natural light creating a bright and airy space for culinary delights. The custom, white lacquer built-ins and matching cabinets add extra storage making the kitchen a true chef’s haven. A large, tranquil private backyard can be found right outside the kitchen door compete with blackberries, plumbs, figs and roses. It provides a peaceful escape and a perfect place for outdoor entertaining or simply unwinding in the fresh air. The upstairs area of the owner’s duplex has three large bedrooms that offer comfort and privacy, and a full bathroom with modern fixtures and a serene ambiance. The private, two bedroom rental apartment with washer/dryer hook-up, separate hot water heater and renovated full bathroom is accessed via a completely separate set of exterior steps. This sweet and sunny space offers a unique opportunity for comfortable living and versatile investment. Best yet, this home comes complete with private parking in your own newly paved, gated driveway offering convenience and peace of mind without having to look for a parking space. Noteworthy upgrades include new exterior stairs, new floors, new hot water heaters, new skylight and updated appliances. This meticulously maintained townhome is located located in a vibrant neighborhood just two blocks from the J train at Gates Avenue, a 15 minute walk to the Utica Avenue A/C trains and the B52 bus right on the block. Enjoy dinner at Chez Oscar or Trad Room, pizza at Saraghina, evening cocktails at Marian’s and grab your morning coffee and pastry at Passionfruit just around the corner.

Last Agent to Sell the Property

Kristen Larkin

Compass License #40LA1155022 Listed on: 03/20/2024

Compass

Co-Listed By

Diane Larkin

Compass License #10401334526

Last Buyer's Agent

Lesley Semmelhack

Corcoran Group License #10301208480

Corcoran Group

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $7,824

Year Built

  • Built in 1995

Lot Details

  • Lot Dimensions are 20.000000x100.000000
  • Private Yard

Parking

  • Private Parking

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 2,880 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Gas Oven
  • Gas Cooktop
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Utilities

  • No Cooling
  • No Heating

Community Details

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

Listing and Financial Details

  • Legal Lot and Block 51 / 01632

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$7,824

Year Built

Built in 1995

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: Townhouses
  • Stories: 2

Interior Features

  • Interior Features: Built-in Features, Eat-in Kitchen, Kitchen Island, Pantry
  • Appliances: Dryer, Dishwasher, Gas Cooktop, Gas Oven, Refrigerator, Stainless Steel Appliance(s), Washer
  • Fireplace: No
  • Flooring: Hardwood
  • Living Area: 2880.0
  • Living Area Units: Square Feet

Beds/Baths

  • Full Bathrooms: 3
  • Bathrooms Integer: 3
  • Bedrooms: 5

Exterior Features

  • Exterior Features: Private Yard

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Private

Utilities

  • Laundry Features: In Unit, 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: 20.000000x100.000000

Building Info

  • New Construction: No
  • Units: 2
  • Total Stories: 2
  • Year Built: 1995

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Block: 01632
  • Tax Lot: 51
  • Tax Annual: 7824.0

Multi Family

  • Building Area Units: Square Feet

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 20, 2024
Closed on
Aug 1, 2024
Sold by
Bought by
Seller's Agent
Kristen Larkin
Compass
Buyer's Agent
Lesley Semmelhack
Corcoran Group
List Price
$1,500,000
Sold Price
$1,300,000
Premium/Discount to List
-$200,000
-13.33%
Views
52
Current Estimated Value
$1,445,842

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$145,842
Avg. Annual Appreciation
5.52%
Original Mortgage
$850,000
Interest Rate
0.0687%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 22, 2015
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
$579,000
Interest Rate
0.0397%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 14, 2014
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
$470,000
Interest Rate
0.0414%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 26, 2011
Sold by
Bought by

Purchase Details

Closed on
Jul 17, 1998
Sold by
Bought by
Source: Public Records

Range of Values:

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

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
$1,300,000 --
$899,000 --
$520,000 --
-- --
$216,500 --
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 $850,000
Previous Owner $579,000
Closed $470,000
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
08/01/2024 08/01/24 Sold $1,300,000 -10.3% $451 / Sq Ft
06/26/2024 06/26/24 Pending -- -- --
05/15/2024 05/15/24 Price Changed $1,450,000 -3.3% $503 / Sq Ft
03/20/2024 03/20/24 For Sale $1,500,000 -- $521 / 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 $8,455 $81,300 $21,660 $59,640
2025 $8,391 $88,740 $21,660 $67,080
2024 $8,391 $78,780 $21,660 $57,120
2023 $8,004 $69,600 $21,660 $47,940
2022 $7,423 $76,260 $21,660 $54,600
2021 $7,382 $83,640 $21,660 $61,980
2020 $3,670 $72,720 $21,660 $51,060
2019 $7,283 $75,840 $21,660 $54,180
2018 $6,695 $32,844 $11,071 $21,773
2017 $6,316 $30,985 $11,963 $19,022
2016 $5,441 $29,232 $9,079 $20,153
2015 $2,150 $29,232 $9,079 $20,153
2014 $2,150 $29,012 $8,859 $20,153
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10975032

Real Estate Board of New York (REBNY)

APN: 01632-0051

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