291 Gates Ave
Brooklyn, NY 11216 (Bedford - Stuyvesant)
$1,782,203 Trulia Estimate

291 Gates Ave
Brooklyn, NY 11216

(Bedford - Stuyvesant)
  • 2,560 sqft
  • 1,600 sqft lot size
  • Multi-Family
Off Market · Public Record
$1,782,203 Trulia Estimate
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  • 31 Elementary Schools

    20 Middle Schools

    9 High Schools

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  • Moderate crime relative to the rest of Kings county.

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  • 16% of residents commute by car.

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  • 596 Restaurants

    114 Grocery stores

    143 Nightlife

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Off Market · Public Record

Home Details

Overview
  • Multi-Family
  • Built in 1901
  • 1,600 sqft lot size
  • 2,560 sqft
Description

This property is no longer available to rent or buy. This description is from June 23, 2013
Move right into this Loft-Like brownstone with bright light and modern finishes located on a tree-lined block and tucked between two of Brooklyn's hottest neighborhoods--Bed Stuy and Clinton Hill. Be the first to live in this 4-story, 2-family double duplex. High-end renovation with 4 working electric fireplaces. The Parlor level and Garden floors make up a 2 bed, 1.5 bath duplex with private access to the approx. 704sqft backyard and 116sqft deck located off the kitchen- perfect for a grill and dining area. Large windows, beautiful hard wood floors, chef's kitchen, Caesar stone counter tops, modern cabinetry, stainless steel appliances including dishwasher and spa-like tiled bathrooms with soaking tub. The upper duplex features a spacious 2 bed, 1.5 bath plus office with skylight and rental income of approx. $3,750/mo. A seamless renovation incorporated original details such as mantles and fireplaces, while upgrading the home with modern amenities such as central heating and thru the wall air conditioning systems, laundry hook ups for both units, and ample storage space. All this at the epi-center of hip Bed Stuy putting you near sought after eateries such as Do or Dine, plus trendy coffee shops, boutiques and cafes. Franklin C/S, Nostrand A express train (12 minutes to Manhattan) and Classon G. All new mechanicals and low taxes make this amazing home and investment not to be missed.

Price History
Date
Price
Event

12/13/2013
$1,250,000
Sold
Recording Date
12/13/2013
Contract Date
12/02/2013
Sale Price
$1,250,000
Price Type
Full amount stated on Document.
County Transfer Tax
N/A
Total Transfer Tax
N/A
Transaction Type
Purchase/Resale Arm's Length Residential Transaction
Document Type
N/A

12/04/2013
$1,395,000
Posting removed

09/04/2013
$1,395,000
Listed for sale

08/01/2013
$1,395,000
Posting removed

06/23/2013
$1,395,000
Listed for sale

04/10/2013
$1,499,999
Posting removed

04/02/2013
$1,499,999
Price change
Price Change
-$1 (-0%)
Source
Massada Home Sales

02/19/2013
$1,500,000
Price change
Price Change
$100,000 (7.14%)
Source
Dream Home Realty

02/16/2013
$1,400,000
Listed for sale

10/18/2012
$785,000
Posting removed

09/29/2012
$785,000
Price change
Price Change
$35,000 (4.67%)
Source
The Corcoran Group

09/28/2012
$750,000
Listed for sale

09/26/2012
$560,000
Sold
Recording Date
09/26/2012
Contract Date
08/24/2012
Sale Price
$560,000
Price Type
Full amount stated on Document.
County Transfer Tax
N/A
Total Transfer Tax
N/A
Transaction Type
Purchase/Resale Arm's Length Residential Transaction
Document Type
N/A

12/02/2011
$150,000
Sold
Recording Date
12/02/2011
Contract Date
11/09/2011
Sale Price
$150,000
Price Type
Full amount stated on Document.
County Transfer Tax
N/A
Total Transfer Tax
N/A
Transaction Type
Purchase/Resale Arm's Length Residential Transaction
Document Type
N/A

Property Taxes and Assessment
Year
2016
Tax
$4,680.24
Assessments
$23,935
Land
$8,706
Improvements
$15,229
Total
$23,935
Market Value
N/A

Affordability
Additional Costs

Price Trends
Real Estate Trends
Average Listing Price for 11216
$1,293,981
4% above sold price
Median Sale Price for 11216
$716,000
43% below sold price
Average Sale price/sqft for 11216
$795/sqft
Sold Homes
Address Distance Property Type Sold Price Sold Date Bed Bath Sqft
0.56
Multi-Family
$2,200,000
09/27/17
-
-
3,000
1.83
Multi-Family
$1,650,000
09/25/17
-
-
3,000
0.23
Multi-Family
$2,700,000
09/27/17
-
-
2,237
2.9
Multi-Family
$1,800,000
09/21/17
-
-
2,820
0.12
Multi-Family
$2,135,000
04/07/17
-
-
3,260
2.94
Multi-Family
$1,650,000
10/04/17
-
-
1,508
2.5
Multi-Family
$2,050,000
09/19/17
-
-
2,160
5.09
Multi-Family
$1,653,000
09/29/17
-
-
4,640
2.37
Multi-Family
$1,735,000
09/22/17
-
-
2,080
1.85
Multi-Family
$2,050,000
10/05/17
-
-
2,208

Contact Info


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