NOT LISTED FOR SALE

573 Gates Ave Unit 1-R Brooklyn, NY 11221

Bed-Stuy Neighborhood

Estimated Value: $740,000 - $1,088,000

1 Bed
1.5 Baths
1,066 Sq Ft
1931 Built

Last Sold July 12, 2021

Last sale price $731,000 $686 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $5,048/month

Highlights

  • Rooftop Deck
  • Entrance Foyer
  • Central Air
  • Pre War Building
  • Garden
  • 4-minute walk to Hattie Carthan Playground

About This Home

As of August 2024

Upon entering Residence 1R, you’ll be greeted by an open concept layout, complemented by 10 ft high ceilings and exquisite wide plank white oak floors throughout. The pristine kitchen features sleek white-marbled quartz countertops, matching backsplashes, matte gold fixtures, custom cabinets, recessed lighting, and high-end stainless steel appliances from renowned brands Bosch and Blomberg.

The bedroom offers a spacious closet, while the immaculate bathroom is adorned with Porcelanosa tiles, Delta fixtures, and a glass-enclosed shower. The lower level is complete with a convenient powder room and oversized windows that flood the space with natural light. There are also two large stacked washers and dryers outside the lower level exit door. This garden duplex unit boasts a private garden patio, central heating and cooling, a video intercom system, recessed lighting throughout, and oversized thermal-efficient sash windows.

Golden Gates Condos is a brand new boutique condominium situated in the vibrant heart of Bedford-Stuyvesant. These condos embody the essence of contemporary Brooklyn living, blending modern Italian design elements with the timeless charm of traditional brownstones. From the moment you arrive, the stunning brownstone facade seamlessly merges with the neighborhood’s inherent character. Golden Gates Condos also boasts desirable amenities such as a common rooftop deck, a rear garden, a communal laundry facility, and its proximity to Herbert Von King Park, just three short blocks away (a quick 4-minute walk).
Near the Golden Gates Condos there is an array of trendy restaurants, craft cocktail bars, cafes, and shops that line Halsey Street, Marcus Garvey Boulevard, and Tompkins and Dekalb Avenues. Local favorites include Corto, Macosa, Mitch’s Provisions, Sincerely Tommy, Maya Bed-Stuy (Provisions), Peaches HotHouse, Bed-Vyne Cocktail, Lovers Rock, LunAtico, Glorietta Baldy, Clementine Bakery, and Chicky’s.

Surrounded by the energy of a diverse community, Golden Gates Condos are conveniently close to Kosciuszko Pool, Herbert Von King Park, and several neighborhood playgrounds and community gardens. Commuting is a breeze with nearby subway lines including the A/C/G at Fulton Street and Lafayette Avenue.

Sorry, no pets.

Last Agent to Rent the Property

Nicholas Montalbano

Coldwell Banker Warburg License #10401238236 Listed on: 07/02/2024

Coldwell Banker Warburg

Co-Listed By

Ashley Reidy

Coldwell Banker Warburg License #10401260941

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,338

Year Built

  • Built in 1931

Home Design

  • Pre War Building
  • Entry on the 1st floor

Interior Spaces

  • 1,066 Sq Ft Home
  • 4-Story Property
  • Entrance Foyer

Bedrooms and Bathrooms

  • 1 Bedroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Additional Features

  • Garden
  • Central Air

Listing and Financial Details

  • Property Available on 7/1/24
  • Legal Lot and Block 70 / 1810

Community Details

Overview

  • Bedford Stuyvesant Subdivision

Amenities

  • Rooftop Deck
  • Laundry Facilities

Condo Details

Home Type

Condominium

Est. Annual Taxes

$4,338

Year Built

Built in 1931

Lot Details

0

Rental Info

  • Land Lease: No
  • Furnished: Unfurnished
  • Available Date: 2024-07-01

Listing Details

  • Cross Street: Tompkins Avenue/Throop Avenue
  • Property SubType: Apartment
  • Property Type: Residential Lease
  • Neighborhood: Bedford Stuyvesant
  • Architectural Style: Prewar, Walk-Up
  • Entry Level: 1
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Interior Features: Entrance Foyer
  • Appliances: Dryer, Washer
  • Living Area: 1066.0
  • Living Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Exterior Features: Building Roof Deck, Garden

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed, Common Area, In Unit
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Common Interest: Condominium

Building Info

  • New Construction: No
  • Total Stories: 4
  • Year Built: 1931

Tax Info

  • Tax Block: 1810
  • Tax Lot: 70

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 30, 2021
Sold by
573 Gates Llc
Bought by
Bhatia Akshit and Mastroianni Carla
Current Estimated Value
$895,253

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$584,800
Outstanding Balance
$533,283
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$361,970
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
Bhatia Akshit $731,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bhatia Akshit $584,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/23/2024 08/23/24 Rented $3,995 0.0% --
07/18/2024 07/18/24 Price Changed $3,995 -3.7% $4 / Sq Ft
07/02/2024 07/02/24 For Rent $4,150 +3.9% --
08/03/2023 08/03/23 Rented $3,995 0.0% --
08/03/2023 08/03/23 Under Contract -- -- --
07/18/2023 07/18/23 Price Changed $3,995 -3.7% $4 / Sq Ft
07/16/2023 07/16/23 For Rent $4,150 0.0% --
07/12/2021 07/12/21 Sold $731,000 0.0% $686 / Sq Ft View Prior Sale
06/19/2020 06/19/20 Pending -- -- --
06/11/2020 06/11/20 For Sale $731,000 -- $686 / 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 $4,338 $107,923 $6,683 $101,240
2024 $4,338 $96,697 $6,683 $90,014
2023 $2,834 $92,954 $6,683 $86,271
2022 $3,640 $91,351 $6,683 $84,668
2021 $3,379 $77,250 $6,683 $70,567
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10990034

Real Estate Board of New York (REBNY)

APN: 01810-1002