Water Front Luxury Realty

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$1,495,000
205 Days On Site

197 Gates Avenue
Brooklyn, NY 11238

For Sale|Quadruplex|Pending
0
Beds
0
Total Baths
4,048
SqFt
$369
/SqFt
1899
Built
County:
Kings (Brooklyn)
Listing courtesy of Peace of Mind Realty clark@pomrealty.com

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197 Gates Avenue197 Gates Avenue197 Gates Avenue197 Gates Avenue
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Monthly Payment (Est.)

$6,821
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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.

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Listing Snapshot
Price 
$1,495,000
Days On Site 
205 Days
Bedrooms 
N/A
Inside Area (SqFt) 
4,048 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
1899
MLS® Number 
L3592074
Status 
Pending
Property Tax 
$2,957
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 months agoStatus changed to Pending
3 months agoListing updated with changes from the MLS®
7 months agoListing first seen on site
General Features
Cross Street 
Classon Avenue
Parking 
On Street
Property Sub Type 
Quadruplex
Sewer 
Public Sewer
Water Source 
Public
Interior Features
Basement 
None
Flooring 
Hardwood
Heating 
Natural GasHot Water
Interior 
Cathedral Ceiling(s)
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Exterior Features
Construction Details 
Block
Lot Features 
Near Public Transit
Community Features
Association Amenities 
Park
School District 
Brooklyn 13
Schools
School District
Brooklyn 13
Elementary School
Academy Of Arts And Letters
Middle School
Urban Assembly Unison School (The)
High School
Bedford Academy High School
Listing courtesy of Peace of Mind Realty clark@pomrealty.com


Based on information submitted to the MLS GRID as of 2025-06-12 08:31 AM EDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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