330 Gates Avenue is a spacious three-family townhouse spanning approximately 3,550 square feet on one of the most desirable blocks at the Clinton Hill/Bed-Stuy border. The 18’ x 54’ building is configured as two three-bedroom, one-bathroom floor-through units above a two-bedroom, one-and-a-half-bathroom parlor/basement duplex.
Impeccably maintained and fully rented, the property generates over $100K in annual rental income with exceptionally low expenses, yielding a net income of approximately $90K. With a strong rent roll and significant upside potential, this is a secure investment opportunity. It also offers a fantastic option for an end-user looking to live in the duplex while earning over $5,000 per month from the upper units.
This property could also be purchased with the adjacent identical building, 332 Gates, to create a massive single-family home, a larger development site, or an opportunity to acquire six totally unregulated apartments.
Ideally located near the G and C trains, the home provides easy access to Barclays Center, BAM, Pratt Institute, and Fort Greene Park. The neighborhood’s vibrant dining and nightlife scene includes Speedy Romeo, Harts, The Fly, Bar Bolinas, Tepango, The Finch, and Roman’s.
Active
Price cut: $350K (7/22)
$2,300,000
330 Gates Ave, Brooklyn, NY 11216
6beds
3,550sqft
Multi Family
Built in 1910
-- sqft lot
$2,177,200 Zestimate®
$648/sqft
$-- HOA
What's special
- 159 days
- on Zillow |
- 488 |
- 21 |
Likely to sell faster than
Zillow last checked: 7 hours ago
Listing updated: July 22, 2025 at 02:35pm
Listing by:
Douglas Elliman 646-248-2136,
Jed Klebanow
Source: StreetEasy,MLS#: S1755765
Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Features
- Flooring: Hardwood
Interior area
- Total structure area: 3,550
- Total interior livable area: 3,550 sqft
Property
Features
- Patio & porch: Other
- Exterior features: Garden
Details
- Parcel number: 018120015
- Special conditions: Resale
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1910
Community & HOA
Community
- Features: Doorman, Virtual Doorman
- Security: Doorman, Virtual Doorman
- Subdivision: Bedford-Stuyvesant
Location
- Region: Brooklyn
Financial & listing details
- Price per square foot: $648/sqft
- Tax assessed value: $1,202,000
- Annual tax amount: $5,820
- Date on market: 2/25/2025
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