$4,022,200
- Studio
- 5,720 sqft
253 Gates Ave, Brooklyn, NY 11238
Est. Refi. Payment $24,199/mo*
Refinance Your HomeCurrently Off Market - Sold Oct 24, 2023 for $1,450,000
Home Value
Trulia Estimate
$4.02MSince last month
Increased$140K (+3.6%)Since last year
Increased$614K (+18%)Since last sale
Increased$3M (+177.4%)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 +73% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| September 2026 | $4.02M |
| August 2026 | $3.88M |
| July 2026 | $4.06M |
| June 2026 | $3.52M |
| May 2026 | $3.64M |
| April 2026 | $3.31M |
| March 2026 | $3.48M |
| February 2026 | $4.09M |
| January 2026 | $3.48M |
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 |
|---|---|---|---|---|---|---|---|
0.09 | Single-Family Home | $1,500,000 | 07/20/26 | 4 | 3.5 | 2,946 | |
0.08 | Single-Family Home | $1,725,000 | 05/04/26 | 4 | 4 | 2,430 | |
0.07 | Single-Family Home | $1,700,000 | 07/13/26 | 3 | 2 | 1,747 | |
0.34 | Single-Family Home | $5,500,000 | 03/04/26 | 5 | 4 | 4,500 | |
0.35 | Single-Family Home | $3,135,000 | 12/19/25 | 4 | 3 | 2,795 |
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 | $646,000 | 1 | 1 | - | Off Market | |
0.05 | $1,119,000 | 2 | 1 | 1,057 | Off Market | |
0.03 | $1,320,100 | 2 | 1 | - | Off Market | |
0.07 | $915,500 | 1 | 1 | 675 | Off Market | |
0.07 | $1,135,200 | 2 | 2 | 894 | Off Market | |
0.07 | $1,165,000 | 2 | 2 | 894 | Off Market | |
0.07 | $1,165,300 | 2 | 2 | 894 | Off Market | |
0.07 | $765,600 | 1 | 1 | 634 | Off Market | |
0.07 | $1,154,500 | 2 | 2 | 894 | Off Market | |
0.07 | $1,317,100 | 2 | 2 | - | Off Market | |
0.07 | $1,231,800 | 2 | 2 | 930 | Off Market |
Local Information
-- mins to
Home Highlights
Single-Family Home
Built in 1899
5,720 sqft
$703/sqft
About this House
What's unique:Franklin avenue
(Disclaimer: The default image advertised contains a rendering and does not represent the actual conditions of this offering)
Property Details:
Lot Size: 26 Ft x 110 Ft
Zoning: R6B
FAR: 2
Taxes: $3,020/year
The property currently features a single family residence that was built in 1899. 253 Gates Avenue is delivered in "as is" condition, vacant, and ready to be torn down and developed.
This property allows for the development of a multi-dwelling building with a maximum height of 50 Ft and up to 5,720 usable floor area.
Located on Gates Avenue and Franklin Avenue in prime Bedford-Stuyvesant location within easy reach to the Classon Avenue G and the Franklin Avenue A and C train stations. This location is perfectly positioned in a high-demand rental area bordering Clinton Hill.
*Please consult with your architect about the development possibilities. The information presented is deemed reliable but not guaranteed*
Call, text or email for more information.
Property Details:
Lot Size: 26 Ft x 110 Ft
Zoning: R6B
FAR: 2
Taxes: $3,020/year
The property currently features a single family residence that was built in 1899. 253 Gates Avenue is delivered in "as is" condition, vacant, and ready to be torn down and developed.
This property allows for the development of a multi-dwelling building with a maximum height of 50 Ft and up to 5,720 usable floor area.
Located on Gates Avenue and Franklin Avenue in prime Bedford-Stuyvesant location within easy reach to the Classon Avenue G and the Franklin Avenue A and C train stations. This location is perfectly positioned in a high-demand rental area bordering Clinton Hill.
*Please consult with your architect about the development possibilities. The information presented is deemed reliable but not guaranteed*
Call, text or email for more information.
253 Gates Ave, Brooklyn, NY 11238 is a studio, 5,720 sqft single-family home in Bedford-Stuyvesant, built in 1899. It last sold for $1,450,000 on Oct 24, 2023 (22% below the $1,850,000 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $4,022,200.
Contact this Building
Last check for updates: about 7 hours ago
Listed by Juan Franco Medina
URBAN UTOPIA REALTY LLC
Source: StreetEasy, MLS#S1641375
Home Details for 253 Gates Ave
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Interior Details Number of Rooms: 28 |
Dimensions and Layout Living Area: 5720 Square Feet |
View No View |
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Exterior Home Features Roof: Roof Rights |
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Year Built Year Built: 1899 |
Property Type / Style Property Type: ResidentialProperty Subtype: Building |
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Price List Price: $1,850,000 |
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MLS Status: Sold |
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Direction & Address City: BrooklynCommunity: Bedford-Stuyvesant |
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Building Area Building Area: 5720 Square Feet |
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Special Conditions: Resale |
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Mls Number: S1641375Listing Url |
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STREETEASY Property ID: 24024597STREETEASY Building ID: 110253 |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Oct 24, 2023 Source: N/A | Sold | $1,450,000 |
Oct 17, 2023 Source: StreetEasy | Pending | $1,850,000 |
Oct 17, 2023 Source: StreetEasy | ListingRemoved | |
Aug 16, 2023 Source: StreetEasy | Pending | $1,850,000 |
Aug 16, 2023 Source: StreetEasy | PendingToActive | $1,850,000 |
Aug 16, 2023 Source: StreetEasy | Pending | $1,850,000 |
Mar 6, 2023 Source: StreetEasy | PriceChange | $1,850,000 Price decreased by 5% |
Jan 26, 2023 Source: StreetEasy | PriceChange | $1,950,000 Price decreased by 7% |
Jan 15, 2023 Source: StreetEasy | Listed For Sale | $2,100,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $1,891 | $172,000 |
Home facts updated by county records
Market trends in New York
Last updated August 2026
Avg. sale price
$818K
$21.67KMoM
Sale-to-List Price
98.1%
0.1%MoM
Price per sq ft
$704
$22MoM
Available listings
16526
1221MoM
Around this home
What Locals Say about Bedford-Stuyvesant
At least 2012 Trulia users voted on each feature.
94 % Say there are sidewalks
91 % Say it's walkable to grocery stores
89 % Say it's dog friendly
85 % Say it's walkable to restaurants
72 % Say streets are well-lit
66 % Say kids play outside
61 % Say people would walk alone at night
56 % Say there's holiday spirit
56 % Say neighbors are friendly
52 % Say there are community events
51 % Say they plan to stay for at least 5 years
50 % Say yards are well-kept
39 % Say parking is easy
34 % Say it's quiet
31 % 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
Frequently asked questions about 253 Gates Ave
- What is 253 Gates Ave estimated to be worth?Trulia's estimated value for 253 Gates Ave in Brooklyn, NY is $4,022,200.
- What is the price history for 253 Gates Ave?253 Gates Ave in Brooklyn, NY last sold for $1,450,000 in October 2023.
- Is Brooklyn a buyer's or seller's market?Brooklyn is currently a balanced market, based on recent for-sale activity.
- What's the median sale price in Brooklyn?The median sale price in Brooklyn is $818K. That is up $21.67K from the prior month.

