Find out what your home is worth.

Sold > NY > Brooklyn > 11216 > Bedford - Stuyvesant > 387 Gates Ave
$1,700,000 Sold Price
SOLD ON 10/22/15

387 Gates Ave Brooklyn, NY 11216 (Bedford - Stuyvesant)

See your commute times
100+ Rentals in this Area: Search Nearby Rentals

Property Details for 387 Gates Ave


Description provided by Trulia
387 Gates Ave This Multi-Family Home located at 387 Gates Avenue, Brooklyn, NY sold for $1,700,000on Oct 22, 2015. 387 Gates Ave has approximately 2,160 square feet. The property has a lot size of 2,000 sqft and was built in 1899. The average listing price for similar homes for sale is $1,624,700. 387 Gates Ave is in the Bedford - Stuyvesant neighborhood in Brooklyn, NY. The average price per square foot for homes for sale in Bedford - Stuyvesant is $524.

Public Records for 387 Gates Ave


Official property, sales, and tax information from county (public) records as of 10/2014:
    • Triplex (3 units, any combination)
    • Built In 1899
    • 1 Building
    • 2,160 sqft
    • Stories: 2 story
    • County: Kings
    • Lot Size: 2,000 sqft
    • 3 Units

Property Taxes and Assessment for 387 Gates Ave


Land
Improvement
Total
$4,839
+
$5,201
=
$10,040
Land
Improvement
Total
$307,000
+
$330,000
=
$637,000
Year Tax Assessment Market
2014 N/A $10,040  $637,000 
2012 $1,220 N/A N/A
Source: Public Records

Price History for 387 Gates Ave


Date Event Price Source Agents
10/22/2015 Sold view detail $1,700,000 Public records Public records  
  • Recording Date
    10/22/2015
  • Contract Date
    10/07/2015
  • Sale Price
    $1,700,000
  • Price Type
    Full amount stated on Document.
  • County Transfer Tax
    $0
  • Total Transfer Tax
    $0
  • Transaction Type
    Purchase/Resale Arm's Length Residential Transaction
  • Document Type
    Deed
02/24/2014 Sold view detail $1,650,000 Agent Submission Agent Submission Daria Kolomiiets
  • Agent Reported Price
    $1,650,000
  • Agent for Buyer and Seller
05/28/2010 Sold view detail $420,000 Public records Public records  
  • Recording Date
    05/28/2010
  • Contract Date
    04/12/2010
  • Sale Price
    $420,000
  • Price Type
    Full amount stated on Document.
  • Transaction Type
    Purchase/Resale Arm's Length Residential Transaction
  • Document Type
    Deed
01/19/2006 Sold view detail $1,000 Public records Public records  
  • Recording Date
    01/19/2006
  • Contract Date
    10/31/2005
  • Sale Price
    $1,000
  • Price Type
    Full amount stated on Document.
  • Transaction Type
    Purchase/Resale Arm's Length Residential Transaction
  • Document Type
    Deed
05/26/2004 Sold view detail $275,500 Public records Public records  
  • Recording Date
    05/26/2004
  • Contract Date
    10/03/2003
  • Sale Price
    $275,500
  • Price Type
    Full amount stated on Document.
  • Transaction Type
    Purchase/Resale Arm's Length Residential Transaction
  • Document Type
    Deed
11/27/1996 Sold view detail $170,000 Public records Public records  
  • Recording Date
    11/27/1996
  • Contract Date
    10/21/1996
  • Sale Price
    $170,000
  • Price Type
    Sales price computed from Transfer Tax. No indication whether tax was paid on full or partial consideration.
  • Total Transfer Tax
    $680
  • Transaction Type
    Purchase/Resale Arm's Length Residential Transaction
  • Document Type
    Deed
08/25/1995 Sold view detail $21,500 Public records Public records  
  • Recording Date
    08/25/1995
  • Contract Date
    08/08/1995
  • Sale Price
    $21,500
  • Price Type
    Sales price computed from Transfer Tax. No indication whether tax was paid on full or partial consideration.
  • Total Transfer Tax
    $86
  • Transaction Type
    Non-Arm's Length Transaction
  • Document Type
    Deed

Real Estate Trends in Bedford - Stuyvesant


Sale price for 387 Gates Ave $1,700,000  
Average listing price for similar homes $1,624,700 4% below sale price
Average listing price for all homes in Bedford - Stuyvesant $1,250,608 36% below sale price
Median sale price for all homes in Bedford - Stuyvesant $575,000 66% below sale price

Comparables and Estimates around 387 Gates Ave


$1,099,500
4 br / 2 ba
Single-Family Home
OPEN HOUSE Sun Oct 16, 2pm to 4pm

Contact Info