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Property view

197 Gates Avenue, 
Brooklyn, NY 11238

$1,600,000


Bed


Bath


-

Sq Ft


Multi-Family

Sold

Listed by

Chanel Clark

Scarla Pineda Sres

Bought with Peace of Mind Realty

Peace Of Mind Realty

MLS#

L3592074

Source:

OneKey MLS

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About This Home

197 Gates Avenue

Remarkable, newly listed four-family townhouse in Clinton Hill is a fantastic investment opportunity for you! Currently occupied by paying tenants. Featuring: 4 units consisting of 2-three bedroom one bathroom apartments and 2-two bedroom one bathroom apartments that each occupy the entire floor, high ceilings, large windows, hardwood floors, a large backyard and a cellar for extra storage. Well-maintained in great condition, this property offers a unique blend of comfort and investment potential. It also comes with a J-51 tax abatement up to 2041. 22ft X 40ft. 4,048 sq ft Tenants are rent stabilized for the duration of the tax abatement. Property will not be delivered vacant The prime location offers excellent accessibility, with the G train at Classon Avenue and the C train at Clinton-Washington Avenue. Nearby, you’ll find Pratt Institute, St. Joseph’s College, and Long Island University, as well as cultural attractions like the Museum of Contemporary African Diasporan Arts, the Brooklyn Museum, and the Brooklyn Children’s Museum. Foodies will love the local dining scene with favorites like Clementine Bakery, Hart’s Mediterranean, Rustik Tavern, Sisters Restaurant, Olea, and Aita. Plus a plethora of entertainment and shopping options makes this neighborhood a vibrant place to live.

Home Facts

Multi-Family

Built in 1899

Price Summary

1,495,000

MLS #:

L3592074

Sold:

September 18, 2025


Structure

Structure

Year Built:

1899


Lot

Lot Size (Sq. Ft):

1,839


Finances & Disclosures

Finances

Price:

$1,495,000

Source:OneKey MLS
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