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  • 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

    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.
    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

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    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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