NOT LISTED FOR SALE

98 Gates Ave Brooklyn, NY 11238

Clinton Hill Neighborhood

Estimated Value: $2,757,000 - $3,241,000

5 Beds
2 Baths
3,200 Sq Ft
$925/Sq Ft Est. Value

Last Sold April 07, 2020

Last sale price $2,695,000 $842 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $17,034/month

3 Days on Market

Highlights

  • Pre War Building
  • 4-minute walk to Clinton-Washington Avenues (A,C Line)
  • 4-minute walk to Gateway Triangle
  • Community Garden
  • Garage

About This Home

As of April 2020

Built in 1865 and attributed to builder James H. Scribner, 98 Gates Avenue is an elegant four-story brick townhouse in the heart of the Clinton Hill Historic District. This sun-filled home sits at the corner of St. James Place, and is graced with side windows and a two-car garage, a luxurious convenience in Brownstone Brooklyn. 98 Gates Avenue is ready for your creative vision and a full renovation. Delivered vacant with a 2-family certificate of occupancy. Centrally located near the Clinton-Washington stops for the C and G, as well as the 2/3, 4/5, B, D, N, Q, R and LIRR at Atlantic Terminal. The great restaurants, boutiques, and amenities of Clinton Hill, Fort Greene, and Prospect Heights are all within close reach. This historic gem needs a full gut renovation. Bring your contractor and architect and make it your own.

Last Agent to Sell the Property

Paul Murphy

Compass License #30MU1104939 Listed on: 03/04/2020

Compass

Co-Listed By

Carol Wang

Compass License #10401300282

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,886

Year Built

  • Built in 1865

Lot Details

  • Lot Dimensions are 20.0 x 90.0

Parking

  • Garage

Home Design

  • Pre War Building

Interior Spaces

  • 3,200 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Community Details

  • Clinton Hill Subdivision
  • Community Garden

Listing and Financial Details

  • Legal Lot and Block 26 / 1980

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,886

Year Built

Built in 1865

Lot Details

0

Listing Details

  • Cross Street: Saint James Place/Cambridge Place
  • Property SubType: Single Family Residence
  • Property Type: Residential
  • Neighborhood: Clinton Hill
  • Architectural Style: Prewar
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Living Area: 3200.0
  • Living Area Units: Square Feet
  • Rooms (Total): 12

Beds/Baths

  • Full Bathrooms: 2
  • Bathrooms Integer: 2
  • Bedrooms: 5

Exterior Features

  • Exterior Features: Building Garden

Garage/Parking

  • Garage: Yes

Lot Info

  • Lot Size Dimensions: 20.0 x 90.0

Building Info

  • Building Name: Cornerstone, The
  • Total Stories: 3
  • Year Built: 1865

Tax Info

  • Tax Block: 1980
  • Tax Lot: 26

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2020
Closed on
Apr 7, 2020
Sold by
98 Gates Avenue Corp
Bought by
Stellietown Llc
Seller's Agent
Paul Murphy
Compass
List Price
$2,695,000
Sold Price
$2,695,000
Current Estimated Value
$2,959,723

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$264,723
Avg. Annual Appreciation
1.88%

Purchase Details

Closed on
Feb 5, 2020
Sold by
Garrett Zxenia Michelle
Bought by
98 Gates Avenue Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Interest Rate
3.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 5, 2019
Sold by
98 Gates Llc
Bought by
98 Gates Avenue Corp

Purchase Details

Closed on
Apr 11, 2019
Sold by
Bryan Leon A and Bryan Leon A
Bought by
98 Gates Avenue Corp

Purchase Details

Closed on
Mar 5, 2019
Sold by
Thompson Andre
Bought by
98 Gates Llc

Purchase Details

Closed on
May 12, 2017
Sold by
Andre Thompson As Sole Heir At Law and Faye Bradbury
Bought by
Garrett Zxenia Michelle and Thompson Andre

Purchase Details

Closed on
Jun 22, 2004
Sold by
Bradbury Faye T and Estate Of Marian E Bryan
Bought by
Bradbury Faye T and Thompson Rodney

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.16%
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
Stellietown Llc $2,695,000 --
Stellietown Llc $2,695,000 --
98 Gates Avenue Corp $499,990 --
98 Gates Avenue Corp $499,990 --
98 Gates Avenue Corp $10,000 --
98 Gates Avenue Corp $10,000 --
98 Gates Avenue Corp $499,990 --
98 Gates Avenue Corp $499,990 --
98 Gates Llc $10,000 --
98 Gates Llc $10,000 --
Garrett Zxenia Michelle -- --
Garrett Zxenia Michelle -- --
Bradbury Faye T -- --
Bradbury Faye T -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 98 Gates Avenue Corp $1,200,000
Previous Owner Bradbury Faye T $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/07/2020 04/07/20 Sold $2,695,000 0.0% $842 / Sq Ft
03/08/2020 03/08/20 Pending -- -- --
03/04/2020 03/04/20 For Sale $2,695,000 -- $842 / 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 $10,886 $165,060 $31,740 $133,320
2024 $10,886 $157,800 $31,740 $126,060
2023 $7,935 $126,600 $31,740 $94,860
2022 $6,483 $123,660 $31,740 $91,920
2021 $6,756 $114,960 $31,740 $83,220
2020 $6,447 $146,520 $31,740 $114,780
2019 $6,371 $146,520 $31,740 $114,780
2018 $6,159 $30,214 $5,550 $24,664
2017 $5,812 $28,513 $5,408 $23,105
2016 $5,378 $26,900 $6,555 $20,345
2015 $3,244 $25,380 $9,281 $16,099
2014 $3,244 $25,380 $11,137 $14,243
Source: Public Records

Agents Affiliated with this Home

  • Paul Murphy

    Seller's Agent in 2020

    Paul Murphy

    Compass

    (646) 741-1185

    2 in this area

    40 Total Sales

    Paul Murphy
    Section Image
  • Carol Wang

    Seller Co-Listing Agent in 2020

    Carol Wang

    Compass

    (917) 905-0464

    2 in this area

    54 Total Sales

    Carol Wang
    Section Image
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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10622071

Real Estate Board of New York (REBNY)

APN: 01980-0026

New York Kings County Brooklyn 11238 Clinton Hill

98 Gates Ave, Brooklyn, NY

This home is located at 98 Gates Ave, Brooklyn, NY 11238 since 04 March 2020 and is currently estimated at $2,959,723, approximately $924 per square foot. This property was built in 1865. 98 Gates Ave is a home located in Kings County with nearby schools including P.S. 56 Lewis H Latimer, Achievement First Endeavor Charter School, and Bethel Elementary School.

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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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