201 Gates Avenue
Brooklyn, NY 11238
Clinton Hill- 5 Beds
- 4 Baths
5 Beds
4 Baths
Local Information
-- mins to
Home Highlights
Property Type
Multi-Family
Year Built
1899
Parking
None
Description
Introducing an exceptional opportunity in the coveted Clinton Hill neighborhood of Brooklyn-a charming 3-story home, legally configured as a 2-family residence with spacious floor-through units, each offering a large primary bedroom plus versatile bonus rooms. Located in a prime location near the Clinton-Washington A & C Train and the Classon Avenue G Train, commuting is convenient for residents. Enjoy the vibrant culinary scene with a plethora of restaurants nearby, perfect for dining out or entertaining guests. Proximity to esteemed institutions such as Pratt Institute and the tranquil Herbert Von King Park adds to the allure of this investment. While the property requires renovation, it boasts tremendous income potential, making it an ideal opportunity for investors looking to capitalize on its prime location and versatile layout. This property invites you to unleash your creativity and transform it into a masterpiece in one of Brooklyn's most sought-after neighborhoods. Don't miss out on the chance to make this great investment your own and create something truly special!
201 Gates Avenue, Brooklyn, NY 11238 is a 5 bedroom, 4 bathroom multi-family in Clinton Hill, built in 1899. It last sold for $2,300,000 on Nov 14, 2024 (8% below the $2,500,000 asking price). More recently, it was listed as a rental in September 2015 with an asking price of $2,500 per month. That rental listing was removed on January 10, 2016. It is currently off market. The Trulia Estimate is $3,259,600, with a rent estimate of $6,155/month.
Home Details for 201 Gates Avenue
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Interior Details Basement: See RemarksNumber of Rooms: 11Types of Rooms: Living Room |
Beds & Baths Number of Bedrooms: 5Number of Bathrooms: 4Number of Bathrooms (full): 4 |
Heating & Cooling Heating: Other,See RemarksNo CoolingAir Conditioning: NoneHas HeatingHeating Fuel: Other |
Fireplace & Spa No Spa |
Gas & Electric Gas: Separate Gas Meters: 2 |
Levels, Entrance, & Accessibility Levels: Three Or More |
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Exterior Home Features Foundation: OtherNo Private Pool |
Parking & Garage No CarportParking: None |
Water & Sewer Sewer: Other |
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Year Built Year Built: 1899 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Duplex, Multi FamilyArchitecture: Other |
Building Construction Materials: OtherAttached To Another Structure |
Property Information Parcel Number: 019720031 |
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Price List Price: $2,500,000 |
Status Change & Dates Off Market Date: Thu Aug 08 2024 |
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MLS Status: Sold |
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Direction & Address City: Clinton Hill |
School Information Elementary School: Academy Of Arts And LettersHigh School District: Brooklyn 13 |
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Not Senior Community |
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No HOA |
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Lot Area: 1742 sqft |
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Listing Agreement Type: Exclusive Right To Lease |
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Mls Number: L3565135Attic: See Remarks |
Last check for updates: about 21 hours ago
Listed by James Wise, (646) 523-0819
Coldwell Banker Reliable R E, (718) 921-3100
Bought with: James Wise, (646) 523-0819, Coldwell Banker Reliable R E, (718) 921-3100
Source: OneKey® MLS as distributed by MLS GRID, MLS#L3565135

Price History for 201 Gates Avenue
| Date | Price | Event | Source |
|---|---|---|---|
| 11/14/2024 | $2,300,000 | Sold | OneKey® MLS as distributed by MLS GRID #L3565135 |
| 10/22/2024 | $2,500,000 | Contingent | StreetEasy #S1725904 |
| 08/13/2024 | $2,500,000 | Pending | OneKey® MLS as distributed by MLS GRID #3565135 |
| 07/11/2024 | $2,500,000 | Listed For Sale | StreetEasy #1725904 |
| 01/10/2023 | $1,700,000 | Sold | N/A |
| 01/18/2018 | $2,150,000 | ListingRemoved | Agent Provided |
| 09/12/2017 | $2,150,000 | Listed For Sale | Agent Provided |
| 01/10/2016 | $2,500 | ListingRemoved | Agent Provided |
| 11/08/2015 | $2,500 | PriceChange | Agent Provided |
| 10/28/2015 | $2,480 | PriceChange | Agent Provided |
| 09/26/2015 | $2,500 | Listed For Rent | Agent Provided |
| 08/24/2005 | $994,500 | Sold | N/A |
Market trends in New York
Last updated June 2026
Avg. sale price
$767K
$4.33KMoM
Sale-to-List Price
97.9%
0.1%MoM
Price per sq ft
$653
$10MoM
Available listings
18631
48MoM
Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $5,659 |
| Assessment | $1,727,000 |
Home facts updated by county records
Comparable Sales for 201 Gates Avenue
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.09 | Multi-Family Home | $2,080,000 | 07/24/25 | 4 | 4 | - | |
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 homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 201 Gates Avenue.
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
Apartments for Rent
Homes for sale near 201 Gates Avenue
Off Market Homes Near 201 Gates Avenue

Based on information submitted to the MLS GRID as of 2026-07-21 12:43:08 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