NOT LISTED FOR SALE

Estimated Value: $2,937,000 - $3,961,000

3 Beds
2.5 Baths
2,364 Sq Ft
$1,405/Sq Ft Est. Value

Last Sold January 15, 2020

Last sale price $1,975,000 $835 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $17,947/month

47 Days on Market

Highlights

  • Pre War Building
  • Garden
  • 4-minute walk to Cuyler Gore Park

About This Home

As of January 2020

A chic Clinton Hill townhouse boasting a lush backyard and an income-producing rental unit, 171 Gates Ave is a seamless blend of old-world charm and contemporary convenience. Features of this 2,364 sq. ft., two-family home include original parquet flooring with inlaid border detailing, incredible marble fireplaces with cast iron inserts in every room, lovely sash windows with northern and southern exposure, elegant pocket doors, a spacious front yard, a beautiful owner?s duplex, and an appealing top-floor rental unit.

The lower level of the owner?s duplex has airy 10-ft ceilings, a bright living room, a powder room, and a bohemian-style eat-in kitchen with an exposed wooden ceiling, sleek countertops, an exposed redbrick backsplash, custom lighting, and a suite of high-end stainless steel appliances. The kitchen leads through a laundry and out into a private backyard with string lighting and a storage shed. The upper level of the duplex contains a pair of large bedrooms and a windowed full bathroom.

The third-floor rental unit has 1 bedroom, a windowed full bathroom, and a luminous, semi-open living, dining, and kitchen space. The kitchen has an eat-in peninsula and an archway with built-in recessed lighting. The bedroom has a pair of reach-in closets and easy access to the bathroom.

171 Gates Ave is surrounded by restaurants, cafes, bars, and shops, and is close to several schools and community gardens. It has easy access to adjacent neighborhoods like Bedford-Stuyvesant, Prospect Heights, and Fort Greene, and is a short walk to the C and G subway lines.

Last Agent to Sell the Property

John Bataille

Serhant License #10401235637 Listed on: 10/03/2019

Serhant

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1899

Lot Details

  • Lot Dimensions are 22.0 x 98.0
  • Garden

Home Design

  • Pre War Building

Interior Spaces

  • 2,364 Sq Ft Home
  • 2-Story Property
  • Decorative Fireplace

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Window Unit Cooling System

Community Details

  • Clinton Hill Subdivision

Listing and Financial Details

  • Legal Lot and Block 46 / 1972

Home Details

Home Type

Single Family

Year Built

Built in 1899

Lot Details

2,222 Sq Ft Lot

Listing Details

  • Cross Street: Downing Street/Irving 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: 2

Interior Features

  • Fireplace Features: Decorative
  • Fireplace: Yes
  • Living Area: 2364.0
  • Living Area Units: Square Feet

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Bathrooms Integer: 3
  • Bedrooms: 3

Exterior Features

  • Exterior Features: Garden

Garage/Parking

  • Garage: No

Utilities

  • Cooling: Building Cooling, Window Unit(s)

Lot Info

  • Lot Size Dimensions: 22.0 x 98.0

Building Info

  • Total Stories: 2
  • Year Built: 1899

Tax Info

  • Tax Block: 1972
  • Tax Lot: 46

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2019
Closed on
Jan 15, 2020
Sold by
Katie Lied Lp
Bought by
171 Gates Avenue Llc
Seller's Agent
John Bataille
Serhant
List Price
$1,975,000
Sold Price
$1,975,000
Current Estimated Value
$3,320,310

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,345,310
Avg. Annual Appreciation
8.81%

Purchase Details

Closed on
Feb 20, 2015
Sold by
Davis Lindsey W
Bought by
Katie Lied Lp

Purchase Details

Closed on
Apr 19, 1995
Sold by
Martin Kowsil
Bought by
Davis Lindsey W and Davis Dorothy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,992
Interest Rate
8.33%
Mortgage Type
FHA
Source: Public Records
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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
171 Gates Avenue Llc $1,975,000 --
Katie Lied Lp $1,650,000 --
Davis Lindsey W $140,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Davis Lindsey W $135,992
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/15/2020 01/15/20 Sold $1,975,000 0.0% $835 / Sq Ft
11/21/2019 11/21/19 Pending -- -- --
10/04/2019 10/04/19 For Sale $1,975,000 -- $835 / 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 $10,313 $151,560 $19,080 $132,480
2024 $10,313 $144,900 $19,080 $125,820
2023 $8,054 $150,900 $19,860 $131,040
2022 $4,932 $127,260 $19,860 $107,400
2021 $3,460 $119,700 $19,860 $99,840
2019 $3,404 $113,760 $19,860 $93,900
2018 $3,134 $15,375 $2,474 $12,901
2017 $2,658 $14,509 $2,827 $11,682
2016 $2,429 $13,702 $2,856 $10,846
2015 $1,431 $13,684 $4,282 $9,402
2014 $1,431 $13,560 $5,092 $8,468
Source: Public Records

Agents Affiliated with this Home

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Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10583114

Real Estate Board of New York (REBNY)

APN: 01972-0046

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