$2,997,400
- Studio
197 Gates Avenue, Brooklyn, NY 11238
Est. Refi. Payment $17,172/mo*
Refinance Your HomeCurrently Off Market - Sold Sep 18, 2025 for $1,600,000
Home Value
Trulia Estimate
$3MSince last month
Increased$80K (+2.7%)Since last year
Increased$1M (+88.2%)Since last sale
Increased$1M (+88.3%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +29% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $3.01M |
| July 2026 | $2.93M |
| June 2026 | $2.63M |
| May 2026 | $2.55M |
| April 2026 | $2.38M |
| March 2026 | $2.26M |
| February 2026 | $2.18M |
| January 2026 | $2.16M |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
2019 | |
2018 | |
2017 | |
2016 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.27 | Multi-Family Home | $1,825,000 | 05/27/26 | 6 | 3 | 2,928 | |
0.31 | Multi-Family Home | $2,140,000 | 11/25/25 | 6 | 3 | 3,600 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.05 | $499,000 | Studio | 1 | 517 | For Sale | |
0.05 | $725,000 | 1 | 1 | 677 | For Sale | |
0.06 | $1,999,999 | 7 | 4 | 3,516 | For Sale | |
0.01 | $3,333,700 | 5 | 4 | - | Off Market | |
0.05 | $1,600,000 | 2 | 1.5 | 1,100 | Recently Sold | |
0.02 | $1,201,800 | 2 | 1 | - | Off Market | |
0.08 | $2,199,200 | 7 | 3 | 2,728 | Off Market | |
0.08 | $525,000 | Studio | 1 | - | For Sale | |
0.04 | $1,500,000 | 4 | 3.5 | 2,946 | Recently Sold | |
0.06 | $1,880,000 | 9 | 6 | 3,120 | Recently Sold | |
0.04 | $1,839,800 | Studio | - | 2,625 | Off Market |
Local Information
-- mins to
Home Highlights
Property Type
Multi-Family
Year Built
1899
Parking
Open Parking
About this House
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.
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.
197 Gates Avenue, Brooklyn, NY 11238 is a studio multi-family in Clinton Hill, built in 1899. It last sold for $1,600,000 on Sep 18, 2025 (7% above the $1,495,000 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $2,997,400, with a rent estimate of $5,330/month.
Last check for updates: about 5 hours ago
Listed by Chanel Clark, (917) 997-4992
Peace of Mind Realty, (347) 221-0100
Scarla Pineda, (347) 742-8669
Peace of Mind Realty, (347) 221-0100
Bought with: Chanel Clark, (917) 997-4992, Peace of Mind Realty, (347) 221-0100
Source: OneKey® MLS as distributed by MLS GRID, MLS#L3592074

Home Details for 197 Gates Avenue
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Interior Details Number of Rooms: 22Types of Rooms: Auxiliary Room |
Heating & Cooling Heating: Hot WaterNo CoolingAir Conditioning: NoneHas HeatingHeating Fuel: Hot Water |
Fireplace & Spa No Spa |
Gas & Electric Gas: Separate Gas Meters: 5 |
Windows, Doors, Floors & Walls Flooring: Hardwood |
Levels, Entrance, & Accessibility Floors: Hardwood |
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Exterior Home Features No Private Pool |
Parking & Garage No CarportHas Open ParkingParking: On Street |
Water & Sewer Sewer: Public Sewer |
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Cumulative Days on Market: 118 |
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Year Built Year Built: 1899 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Quadruplex, Multi Family |
Building Not Attached Property |
Property Information Parcel Number: 019720033 |
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Price List Price: $1,495,000 |
Status Change & Dates Off Market Date: Thu Mar 20 2025 |
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MLS Status: Sold |
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Direction & Address City: Brooklyn |
School Information Elementary School: Academy Of Arts And LettersJr High / Middle School: Urban Assembly Unison School (The)High School: Bedford Academy High SchoolHigh School District: Brooklyn 13 |
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Not Senior Community |
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No HOA |
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Lot Area: 1839 sqft |
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Listing Agreement Type: Exclusive Right To Sell |
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Expense Tenant Pays: Electricity, Gas |
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Mls Number: L3592074Attic: FinishedAttribution Contact: 347-221-0100Showing Requirements: Call Listing Office |
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HOA Amenities: Park |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Sep 18, 2025 Source: OneKey® MLS as distributed by MLS GRID #L3592074 | Sold | $1,600,000 |
Mar 20, 2025 Source: OneKey® MLS as distributed by MLS GRID #L3592074 | Pending | $1,495,000 |
Mar 20, 2025 Source: OneKey® MLS as distributed by MLS GRID #L3592074 | PendingToActive | $1,495,000 |
Mar 20, 2025 Source: OneKey® MLS as distributed by MLS GRID #L3592074 | Pending | $1,495,000 |
Mar 19, 2025 Source: StreetEasy #S1744602 | Contingent | $1,495,000 |
Nov 19, 2024 Source: OneKey® MLS as distributed by MLS GRID #3592074 | Listed For Sale | $1,495,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $14,252 | $1,664,000 |
Home facts updated by county records
Market trends in New York
Last updated July 2026
Avg. sale price
$794K
$26.67KMoM
Sale-to-List Price
98.0%
0.1%MoM
Price per sq ft
$679
$26MoM
Available listings
17724
933MoM
Around this home
What Locals Say about Clinton Hill
At least 4 Trulia users voted on each feature.
100 % Say there are sidewalks
92 % Say it's dog friendly
92 % Say streets are well-lit
91 % Say it's walkable to restaurants
90 % Say it's walkable to grocery stores
80 % Say neighbors are friendly
75 % Say people would walk alone at night
75 % Say kids play outside
64 % Say there are community events
60 % Say they plan to stay for at least 5 years
50 % Say yards are well-kept
40 % Say there's holiday spirit
40 % Say parking is easy
38 % Say it's quiet
33 % Say car is needed
25 % Say there's wildlife
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections

Based on information submitted to the MLS GRID as of 2026-08-31 16:48:10 PDT 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. Some IDX listings have been excluded from this website. Click here for more information
Frequently asked questions about 197 Gates Avenue
- What is 197 Gates Avenue estimated to be worth?Trulia's estimated value for 197 Gates Avenue in Brooklyn, NY is $2,997,400.
- What is the price history for 197 Gates Avenue?197 Gates Avenue in Brooklyn, NY last sold for $1,600,000 in September 2025.
- Is Brooklyn a buyer's or seller's market?Brooklyn is currently a buyer's market, based on recent for-sale activity.
- What's the median sale price in Brooklyn?The median sale price in Brooklyn is $794K. That is up $26.67K from the prior month.
- Does 197 Gates Avenue have parking?Yes, 197 Gates Avenue in Brooklyn, NY has on-site parking.