NOT LISTED FOR SALE

Estimated Value: $1,533,000 - $2,051,000

4 Beds
4.5 Baths
3,508 Sq Ft
$525/Sq Ft Est. Value

Last Sold September 24, 2024

Last sale price $1,900,000 $542 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $10,030/month

74 Days on Market

Highlights

  • Deck
  • High Ceiling
  • Private Yard
  • Wood Flooring
  • Granite Countertops
  • Terrace

About This Home

As of September 2024

949 Gates Avenue is a thoughtfully renovated, 2-family townhome with a modern aesthetic and unique design elements. The fantastic upper triplex offers three bedrooms, two and a half baths, a dramatic double-height ceiling in the den and a finished deck leading to a 20-foot wide backyard. A renovated 1-bedroom garden unit offers flexibility and income. Enjoy the space of a townhouse with the benefit of rental income and very low property taxes.

The parlor level features a quaint entryway, a gracious living room framed by a beautiful brick fireplace and lots of space for dining. The thoughtfully renovated kitchen offers granite countertops, full-sized stainless appliances and lots of cabinetry for great storage. Enjoy easy access through the glass sliding doors onto the oversized wooden deck. The backyard is beautifully landscaped and includes a custom-built pergola.

The second floor features a large primary bedroom with three windows, a walk-in-closet and an updated en-suite bathroom. This floor also features a full-width den with exposed beams and double-height ceiling. Alternatively, this space can easily accommodate two additional bedrooms and an additional bathroom.

The third floor includes two bedrooms, another full bathroom and a versatile landing, currently being used as a gym.

The garden rental unit is fully renovated and has direct access to a large patio. This floor also provides access to the well-maintained cellar. This special home includes solar panels, central heating and cooling, washer/dryer, and a brand new roof.

Don’t miss this incredible opportunity to own a townhome in historic Stuyvesant Heights. Enjoy proximity to some of Brooklyn’s finest eateries, bars and boutiques. J/Z subway lines just 2 blocks away.

Last Agent to Sell the Property

Sarah Slavin

Compass License #10401348604 Listed on: 05/09/2024

Compass

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,284

Year Built

  • Built in 1899

Lot Details

  • Lot Dimensions are 20.000000x100.000000
  • South Facing Home
  • Private Yard

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 3,508 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Decorative Fireplace
  • Wood Flooring

Kitchen

  • Cooktop
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Terrace

Utilities

  • Central Heating and Cooling System

Community Details

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

Listing and Financial Details

  • Legal Lot and Block 48 / 01632

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,284

Year Built

Built in 1899

Lot Details

0

Listing Details

  • Exposures: South
  • Property SubType: Townhouse
  • Property Type: Residential
  • Neighborhood: Bedford-Stuyvesant
  • Entry Level: 1
  • Structure Type: Townhouse
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Interior Features: Granite Counters, High Ceilings
  • Appliances: Cooktop, Dryer, Dishwasher, Refrigerator, Stainless Steel Appliance(s), Washer
  • Fireplace Features: Decorative
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Hardwood
  • Living Area: 3508.0
  • Living Area Units: Square Feet
  • Window Features: Skylight(s)

Beds/Baths

  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Bathrooms Integer: 5
  • Bedrooms: 4

Exterior Features

  • Exterior Features: Private Yard
  • Patio/Porch Features: Deck, Terrace

Garage/Parking

  • Garage: No
  • Attached Garage: No

Utilities

  • Laundry Features: See Remarks
  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Central
  • Heating: Yes

Condo/Co-op/Association

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

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: 1899

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Block: 01632
  • Tax Lot: 48
  • Tax Annual: 4284.0

Multi Family

  • Building Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2024
Closed on
Sep 24, 2024
Sold by
Balibar Charlotte
Bought by
Shoaib Saniya
Seller's Agent
Sarah Slavin
Compass
List Price
$1,950,000
Sold Price
$1,900,000
Premium/Discount to List
-$50,000
-2.56%
Views
92
Current Estimated Value
$1,844,668

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$55,332
Avg. Annual Appreciation
-2.28%
Original Mortgage
$1,520,000
Outstanding Balance
$1,501,404
Interest Rate
6.46%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$340,814

Purchase Details

Closed on
Oct 7, 2015
Sold by
154 Buffalo Corp
Bought by
Balibar Charlotte

Purchase Details

Closed on
Aug 29, 2013
Sold by
Halladene Irene S
Bought by
154 Buffalo Corp

Purchase Details

Closed on
Jun 25, 2002
Sold by
Sugar Equities Inc
Bought by
Halladene Irene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,800
Interest Rate
6.73%

Purchase Details

Closed on
Feb 4, 2002
Sold by
Hud
Bought by
Sugar Equities Inc

Purchase Details

Closed on
Nov 30, 1995
Sold by
Aviv Development Corp
Bought by
Villanueva Uthman

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,767
Interest Rate
7.31%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Shoaib Saniya $1,900,000 --
Shoaib Saniya $1,900,000 --
Balibar Charlotte $1,100,000 --
Balibar Charlotte $1,100,000 --
Balibar Charlotte $1,100,000 --
154 Buffalo Corp $303,000 --
154 Buffalo Corp $303,000 --
Halladene Irene -- --
Halladene Irene -- --
Sugar Equities Inc -- --
Sugar Equities Inc -- --
Villanueva Uthman $126,000 First American Title Ins Co
Villanueva Uthman $126,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shoaib Saniya $1,520,000
Closed Shoaib Saniya $1,520,000
Previous Owner Halladene Irene $40,800
Previous Owner Villanueva Uthman $125,767
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/24/2024 09/24/24 Sold $1,900,000 -2.6% $542 / Sq Ft
07/23/2024 07/23/24 Pending -- -- --
05/09/2024 05/09/24 For Sale $1,950,000 -- $556 / 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 $5,184 $56,880 $16,440 $40,440
2024 $5,184 $66,900 $16,440 $50,460
2023 $5,184 $72,840 $16,440 $56,400
2022 $5,051 $79,800 $16,440 $63,360
2021 $4,166 $85,440 $16,440 $69,000
2020 $1,925 $90,180 $16,440 $73,740
2019 $4,499 $76,080 $16,440 $59,640
2018 $4,384 $21,507 $4,748 $16,759
2017 $4,311 $21,150 $6,453 $14,697
2016 $4,060 $20,761 $6,508 $14,253
2015 $1,003 $9,777 $5,445 $4,332
2014 $1,003 $9,254 $4,379 $4,875
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10995039

Real Estate Board of New York (REBNY)

APN: 01632-0048