911 Gates Ave, Brooklyn, NY 11221

-- beds-- baths3,249 sqft

Sold: $765,000
Sold on 02/13/14
Zestimate®: $906,886
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My Notes

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Live for free in this beautifully renovated, 2-Family, over 20 foot wide brick townhouse on the burgeoning Bed Stuy/Bushwick border with 1-2 private parking spots. The property is configured as a 3 bedroom duplex over a 2 bedroom floor thru. Projected income of $4,700/mo, garnering a cap rate of 6%, making this an excellent investment property as well. Both units feature open kitchen with stainless steel appliances, Caesarstone counter tops and white lacquer cabinets. Sleek black subway tiled bathrooms, ample closet space, wide plank oak floors and laundry hook ups. The bedrooms are located in the back of the home giving a nice separation of space and creating a quiet sleeping environment. The serene backyard has plenty of room for a garden, sitting/dining area and grill station. Both units have private entrances. Conveniently located a few blocks to the Gates AvenueJ train. New mechanicals. Currently vacant and delivered as such.  More Less 

Facts

  • Lot: 2,083 sqft
  • Townhouse
  • Built in 2004
  • Last sold: Feb 2014 for $765,000
  • Price/sqft: $235

Additional Features

  • Total Floors \ 3, Borough \ Brooklyn, Block Number \ 1632, Lot Number \ 70, Total Charges \ 125

Construction

  • # Stories: 3.0
  • Unit count: 2

Other

  • Floor size: 3,249 sqft
  • Lot depth: 100
  • Lot width: 20
  • Parcel #: 016320070
  • Zillow Home ID: 83047329

Zestimate Details

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$906,886
+$22,303 Last 30 days
$825K
$1.02M
Zestimate range
Rent Zestimate A Rent Zestimate is Zillow's estimated monthly rental price, computed using a proprietary formula. It is a starting point in determining the monthly rental price for a specific property. Learn more

The Rent Range is the high and low estimate for which an apartment or home could rent. The more information we have, the smaller the range, and the more accurate the Rent Zestimate. See data coverage and accuracy table
$2,555/mo
+$33 Last 30 days
$1.8K
$3.3K
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102 forecasted views of this home
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Neighborhood

Market guide

Zillow predicts Bedford Stuyvesant home values will rise 11% next year, compared to a 3.4% rise for New York as a whole. Among Bedford Stuyvesant homes, this home is valued 24.9% more than the midpoint (median) home, but is valued 55.4% less per square foot.

Foreclosures will be a factor impacting home values in the next several years. In Bedford Stuyvesant, the number of foreclosures waiting to be sold is 777.2% greater than in New York, and 109% higher than the national average. This higher local number may prevent Bedford Stuyvesant home values from rising as quickly as other regions in New York.

Learn more about forecast calculations or Bedford Stuyvesant home values.
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    For Sale

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    Rentals

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    Other Units in this Building (4)ZestimateBedsBathsSqft
    # A$834K72.52,000
    Apt 3$534K311,100
    Apt 2$798K------
    Apt 1$798K------

    Nearby Schools in New York

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    Disclaimer: School attendance zone boundaries are supplied by Maponics and are subject to change. Check with the applicable school district prior to making a decision based on these boundaries.

    Data by GreatSchools.org