424 Gates Ave, Brooklyn, NY 11216
Property image
Property image
OFF MARKET

$1,430,000

Last sold price
  • 4 Beds
  • 3 Baths
  • 3,600 sqft

424 Gates Ave, Brooklyn, NY 11216

Bedford-Stuyvesant
Currently Off Market - Sold Jul 13, 2018 for $1,430,000

Home Value

Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.

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
442 Gates Ave, Brooklyn, NY
0.03
Multi-Family Home
$1,550,000
05/19/26
5
3
2,400
246 Hancock Street, Brooklyn, NY
0.29
Multi-Family Home
$1,600,000
01/23/26
4
4
3,300
133 Madison St, Brooklyn, NY
0.26
Multi-Family Home
$1,600,000
09/24/25
5
3
2,400
326 Quincy St, Brooklyn, NY
0.08
Multi-Family Home
$2,360,000
06/17/26
6
3
2,280
173 Quincy Street, Brooklyn, NY
0.26
Multi-Family Home
$2,140,000
11/25/25
6
3
3,600
764 Marcy Ave, Brooklyn, NY
0.12
Multi-Family Home
$2,227,500
01/05/26
6
2.5
2,720
829 Marcy Ave, Brooklyn, NY
0.13
Multi-Family Home
$1,792,120
02/10/26
9
4
4,000
438 Putnam Ave, Brooklyn, NY
0.31
Multi-Family Home
$1,250,000
09/15/25
6
3.5
3,432
311 Quincy St, Brooklyn, NY
0.10
Multi-Family Home
$675,000
04/28/26
5
3
1,920
394 Monroe St, Brooklyn, NY
0.34
Multi-Family Home
$1,380,000
02/24/26
6
4
2,830

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
229 Monroe St, Brooklyn, NY 11216
0.02
$1,970,400
4
2
-
Off Market
253 Monroe St #1, Brooklyn, NY 11216
0.04
$1,700,000
8
5
2,800
Recently Sold
252 Monroe St, Brooklyn, NY 11216
0.05
$1,600,000
Studio
-
-
Recently Sold
246 Monroe St #2, Brooklyn, NY 11216
0.06
$2,357,200
7
4
3,100
Off Market
278 Monroe Street, Brooklyn, NY 11216
0.07
$3,100,000
6
3
-
Recently Sold
294 Quincy St #3A, Brooklyn, NY 11216
0.05
$759,100
2
1
700
Off Market
211 Monroe St #2FAM, Brooklyn, NY 11216
0.06
$3,099,900
6
7
4,000
For Sale
292 Quincy St #4F, Brooklyn, NY 11216
0.05
$1,140,600
3
2
956
Off Market
234 Monroe St, Brooklyn, NY 11216
0.07
$2,786,900
5
5
-
Off Market
235A Madison St, Brooklyn, NY 11216
0.08
$2,757,500
5
3.5
2,800
Off Market
314 Quincy St, Brooklyn, NY 11216
0.07
$2,782,200
5
5
3,063
Off Market
230 Monroe St, Brooklyn, NY 11216
0.07
$2,636,400
5
4
2,400
Off Market

Local Information

  • Map ViewExplore the area around 424 Gates Ave.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Multi-Family
Built in 1899
3,600 sqft

About this House

*Open House this Sunday from 2pm-330pm!*

Investor's dream- cash flow positive from day one!

This is a three story mixed-use building with ground floor commercial space and two rental units above. Can be delivered vacant or continue current leases. Currently the commercial space is being used as the art gallery "American Medium". The backyard garden has been beautifully landscaped. Second and third floors are both two-bedroom apartments with balconies, that have been recently renovated. Gross rent roll is 2,500$/per unit, $7,500 total. Each unit has its own meter and renter pays own utilities. Great investment opportunity!!!

Located just a few blocks from the G train at Bedford-Nostrand and the AC train at Nostrand, this building is ideally situated in central Bedford-Stuyvesant.

Lot size is 20 x 100 ft. Building is 20 x 45ft.

Can be delivered vacant.
424 Gates Ave, Brooklyn, NY 11216 is a 4 bedroom, 3 bathroom, 3,600 sqft multi-family in Bedford-Stuyvesant, built in 1899. It last sold for $1,430,000 on Jul 13, 2018. More recently, it was listed as a rental in August 2015 with an asking price of $2,200 per month. That rental listing was removed on August 31, 2015. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate rent is $7,731/month.

Home Details for 424 Gates Ave

Interior Features

Levels, Entrance, & Accessibility
Stories: 5

Property Information

Year Built
Year Built: 1899Year Updated: 1899
Property Type / Style
Property Type: Multi Family

Exterior Features

Exterior Home Features
Garden

Community

Units in Building: 2

Lot Information

Lot Area: 2000 sqft

Price and Tax history

DateEventPrice
Jul 13, 2018
Source: N/A
Sold
$1,430,000
Sep 1, 2017
Source: Agent Provided
ListingRemoved
$1,600,000
Jun 26, 2017
Source: Agent Provided
PriceChange
$1,600,000
Price increased by 0%
May 7, 2017
Source: Agent Provided
Listed For Sale
$1,599,000
Aug 31, 2015
Source: Agent Provided
ListingRemoved
$2,200

Market trends in Bedford-Stuyvesant

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$995K
$32.5KMoM
Sale-to-List Price
—
Price per sq ft
$829
$40MoM
Available listings
184
1MoM

Around this home

Neighborhood Overview

Bedford-Stuyvesant
See Local Highlights
Neighborhood stats provided by third party data sources.

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.
  • Saktagracia
    "You could see alot of dogs in this area you need a specific time to walk your dog and some times people don’t scrub the waste from their dogs "
    0
    Flag
  • Clint Newsom
    "It’s a good neighborhood schools could probably be improved. There are probably opportunities for more family, friendly restaurants, and the trash and dog poop can be a bit overwhelming at times."
    0
    Flag
  • Smneze
    "Good place with a great price. The kitchen is well equipped and has everything you need."
    4
    Flag
  • Munecabella2021
    "They good for doing Halloween and Christmas and when it comes to thanksgiving they are very nice and respectful "
    0
    Flag
  • Ozara Jonnson
    "community meetings & tips to keep the neighborhood safe. movies nights, bake sales at the park!! The neighborhood is safe/ feel safe. Bus stations/ train stations is close by! Lots of restaurants/ supermarkets/ farmers market also coffee shop/ ice cream shops. "
    0
    Flag
  • Swiftthabest
    "There are lots of dog parents here so very easy for them to interact. Everyone i've met with a dog is also very friendly "
    1
    Flag
  • Jasmine Hines
    "Perfect here Great Historical Neighborhood Can’t wait to be apart of this great community. I would recommend Brooklyn to people who looking for growth and real family like places . Homes of the great people there"
    4
    Flag
  • Jay Williams
    "Lots of trees and parks and space. Some owners don't pick up after their dogs. Some owners walk their dogs off the leash. "
    3
    Flag
  • Jay Williams
    "People walk their dogs often, but owners don't often pick up after their dogs. Most people will leave you alone. There are a lot of trees in the neighborhood, as well as a few parks, but they require leashes. "
    1
    Flag
  • SN
    "Throughout the neighborhood and the year you can see block parties celebrating the neighborhood and its community as well as community gardens."
    1
    Flag
  • Trulia User
    "Yes the subway is a block away so its very easy to get anywhere in nyc. Buses run west to east so thats great too"
    1
    Flag
  • Elena Carey
    "Von king park is dog haven, off leash hours before 9am and a dog park that is lovely when it’s not rained out. "
    1
    Flag
  • Josh
    "Short. Very short. I’m usually in the city on the Lower East Side in 15 minutes or less during the day. "
    0
    Flag
  • Trulia User
    "During the summer time block party’s and other activities for children make the community a blast to be apart of "
    3
    Flag
  • Josh
    "I live close to the J train which gets me to work on the LES in about 15 minutes during the day, but, minimum 30 minutes at nights. "
    0
    Flag
  • Dashawn Williams
    "It feels like home and it always will. The are definitely has changed but for the better in my opinion."
    1
    Flag
  • Aisha
    "There are many dogs around. All sizes too. If you’re social the dog people will speak to you. "
    1
    Flag
  • PinPin
    "Gentrified more and more, great tight knit community, really relaxed compare to Fort Greene/Clinton Hill area. Arts & Letters have been amazing and goes up to middle school "
    4
    Flag
  • Trulia User
    "I’ve lived here for a few months not and I don’t feel safe. The street is always decorated with dog mess and garbage. Wouldn’t recommend. "
    15
    Flag
  • Trulia User
    "I’ve lived on this neighborhood in the past and it was great then and I still love it trying to move back "
    16
    Flag
  • Trulia User
    "Nice community and clean streets, good lighting. Good food markets and restaurants close by. School are Ali’s close and easy to get to. "
    0
    Flag
  • Trulia User
    "The schools are not great, but the teachers are very caring. There are a few public housing spaces that may generate some unpleasant circumstances, but once you get used to it and get to know the people, it’s fine."
    3
    Flag
  • Trulia User
    "lived here since 2004, it has been an interesting to see the are change over the years. the mix of people all wanting community "
    10
    Flag
  • Trulia User
    "I lived in this neighborhood for three years now. Before then I lived a five minute walk away, but a different zip code. I practically lived here all my life. This neighborhood is full of friendly people who genuinely care about their properties. They take great care of what’s theirs. "
    6
    Flag
  • Trulia User
    "I lived I. This neighborhood since birth. It’s always cool safe and family oriented. I love this place "
    1
    Flag
  • Trulia User
    "It’s a relatively easy. I’m at least a 1 to 10 minutes walk to a bus stop or a train station. And it doesn’t matter what time of the day, it’s generally safe to walk to and from home. "
    2
    Flag
  • Trulia User
    "Block parties during the summer time, they close off the street and people barbecue and blow up bounce for kids"
    1
    Flag
  • Trulia User
    "Wonderful neighborhood safe and very friendly, the blocks are tree lined and houses well maintained "
    0
    Flag
  • Trulia User
    "Community events are nonexistent. We have a street party every year but it’s doesn’t have a community feel. It’s mostly the people who have lived on my street for a long time who don’t like new comers or reach out to new people who move in"
    5
    Flag
  • Trulia User
    "There are lots of families in the neighborhood and many things for kids to do. Some playgrounds would benefit from a makeover. But otherwise no complaints! "
    3
    Flag
  • Trulia User
    "Great area for shopping People and neighborly it’s an amazing area to live and fantastic I recommend people coming to this neighborhood it’s family oriented it’s fantastic I love it here"
    2
    Flag
  • Trulia User
    "I have lived in the neighborhood for two years. I love the vibrant and friendly vibe. there are plenty of great coffee shops and restaurants and public transportation is also very good"
    2
    Flag
  • Trulia User
    "The neighborhood is in a great area in-between the J and the A/C so if you have to commute into Manhattan it's is pretty easy. With the exspansion of the citi bikes most corners you can easily grab a bike for short rides if you don't feel like riding the bus."
    1
    Flag
  • Trulia User
    "Our Area in Bed Stuy has Block parties, stoop socials, Block Associations, engaged residents, community gatherings and speaking to your neighbors! "
    0
    Flag
  • Trulia User
    "Block parties are good way to meet your neighbors. It happened during summer time. "
    0
    Flag
  • Trulia User
    "Tree lined blocks but new renovation all over. Brooklyn is in the house. I’d recommend it to anyone. "
    2
    Flag
  • Trulia User
    "my commute is about 25 minutes. traffic is just insane. with the construction and bus and bike lanes. the city is making sure traffic gets progressively worse. "
    0
    Flag
  • Trulia User
    "I use a car most of the time but when I do use the subway it's pretty good their a lot of homeless people in the morning but that's it "
    0
    Flag
  • Trulia User
    "This neighborhood is very decent to have your kids the schools are great and it’s a community neighborhood "
    0
    Flag
  • Trulia User
    "It is dirty and noisy and people drive dangerously. People sell and do drugs in the open. There are no decent parks. "
    2
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 424 Gates Ave

  • What is the price history for 424 Gates Ave?
    424 Gates Ave in Brooklyn, NY last sold for $1,430,000 in July 2018.
  • 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 $995K. That is down $32.5K from the prior month.
  • What do residents say about the Bedford-Stuyvesant neighborhood?
    Residents describe the Bedford-Stuyvesant neighborhood in Brooklyn, NY as pedestrian-friendly, walkable to grocery stores, and dog-friendly. See recently sold homes in Bedford-Stuyvesant, Brooklyn.

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