Share this with your friends
(917) 719-1715
WealthWise Realty
197 Gates Avenue, Brooklyn, NY 11238
- $1,600,000
- Sold Price
- $1,600,000
- List Price
- $1,495,000
- Status
- CLOSED
- MLS#
- L3592074
- Closing Date
- Sep 18, 2025
- Year Built
- 1899
- Acres
- 0.04
Property Description
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, the Brooklyn Museum, and the Brooklyn Children’s Museum. Foodies will love the local dining scene with favorites like Clementine Bakery, Hart’s Mediterranean, Rustik Tavern, Sisters Restaurant, Olea, and Aita. Plus a plethora of entertainment and shopping options makes this neighborhood a vibrant place to live.
/u.realgeeks.media/wealthwiserealty/Logo-1_1-min.png){kind=logo}
Additional Information
- Taxes
- $2,957
- Lot Size
- 1,839
- Interior Features
- Cathedral Ceiling(s)
- Flooring
- Hardwood
- Heating
- Natural Gas, Hot Water
- Cooling System Type
- None
- Sewer
- Public Sewer
- Water Source
- Public
- Basement
- None
- Elementary School
- Academy Of Arts And Letters
- Middle School
- Urban Assembly Unison School (The)
- High School
- Bedford Academy High School
Mortgage Calculator
Listing courtesy of Listing Agent: Chanel Clark (clark@pomrealty.com) from Listing Office: Peace of Mind Realty.
Listing courtesy of Chanel Clark from Peace of Mind Realty
Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . 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.