405 Gates Ave Brooklyn, NY 11216

Located in the rapidly developing Bedford-Stuyvesant neighborhood, this meticulously renovated Romanesque Revival historic building offers approximately 11,250 square feet of versatile space. The property includes three floors and a substantial basement, making it suitable for various commercial ventures and particularly appealing to an owner-user seeking a prominent presence. Approximately 1,500 square feet of ground-floor retail space is currently available, with the remaining retail space deliverable vacant. The building blends original architectural details with contemporary upgrades, such as 28-foot vaulted ceilings, oversized windows, and high-quality ceramic tile. It is ADA compliant and features a new passenger elevator, multiple restrooms on each floor, and two stairwells. The property is equipped with a new electric AC/Heating system, separate gas and electric meters for each space, supplementary gas space heaters on each floor, and provisions for ventilation. Enhanced security measures include state-of-the-art security gates. The building has approximately 130 feet of wrap-around frontage. Situated within an Opportunity Zone, the property offers potential tax advantages and property value appreciation. Expansion is possible via a bundle deal with the adjacent development site. Its strategic location offers proximity to the Bedford-Nostrand Avenue subway station, Brooklyn Botanic Garden, Brooklyn Children's Museum, parks, educational institutions, and fitness centers. The property is suitable for medical offices, urgent care facilities, daycare/senior care centers, fitness centers, spas, restaurants, retail establishments, and educational facilities.