197 Gates Avenue, Brooklyn, NY 11238

Local realty services provided by:ERA Top Service Realty
#1#2#3
197 Gates Avenue,Brooklyn, NY 11238
$1,495,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Pending
Listed by:chanel clark
Office:peace of mind realty
MLS#:L3592074
Source:One Key MLS

Price summary

  • Price:$1,495,000

About this home

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,

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Home facts

  • Year built:1899
  • Listing Id #:L3592074
  • Added:267 day(s) ago
  • Updated:July 13, 2025 at 07:36 AM

Heating and cooling

  • Heating:Hot Water, Natural Gas

Structure and exterior

  • Year built:1899
  • Lot area:0.04 Acres

Schools

  • High school:Bedford Academy High School
  • Middle school:Urban Assembly Unison School (The)
  • Elementary school:Academy Of Arts And Letters

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,495,000
  • Tax amount:$2,957
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