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358 Gates Ave Brooklyn, NY 11216

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Pending
$2,570,000

Completely renovated duplex with income-producing rental and deeded parking.

Lot size:
0.04 Acres

Property Features for 358 Gates Ave

General Information

Property type
Multi Family
Standard status
Pending
Lot size
0.04 Acres

Building Details

Year built
1899

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Listing Contact
Douglas Doug Bowen
Douglas Doug Bowen
Source: Elliman

Listing Agent: Douglas Doug Bowen

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Renovated Duplex with Deeded Parking

Located on the Clinton Hill/Bed-Stuy border, this property on Gates Avenue presents an opportunity with approved plans to correct a non-conforming Certificate of Occupancy. The building was completely renovated in 2015, including all new mechanicals, and offers approximately 600 square feet of unused FAR for future expansion. The home is configured as an owner's 4-bedroom, 3.5-bath triplex over a high-income-producing 2-bedroom, 2-bath garden rental. The triplex blends modern convenience with original townhouse character. The parlor floor is designed for entertaining, with a large living room that flows into a bright kitchen/dining area overlooking a spacious private terrace and garden. The chef's kitchen features an all-Viking appliance package, custom cabinetry, and a waterfall stone island. The second floor is dedicated to the primary suite, which includes an oversized walk-in closet and a flexible home office or den. The top floor offers three light-filled bedrooms and two bathrooms. A finished cellar, accessible from the triplex, adds additional flexible space. The garden apartment is approximately 1,000 sq. ft. and includes stainless steel appliances, a washer/dryer, private outdoor space, and central heat and AC. Projected rent is approximately $4,250/month. Additional highlights include solar panels that produce more energy than the home consumes and a rare deeded parking space. The property sits on a tree-lined block with restaurants and shops in every direction and convenient access to multiple train lines: G at Bedford-Nostrand, C/S at Franklin, and A/C and LIRR at Nostrand.
Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Skin Care Clinic

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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  • Local Demand
City
Brooklyn
County
Kings
State
New York
Longitude
-73.952219
Latitude
40.685777

FAQs

What type of property is this?
Duplex - Completely renovated duplex with income-producing rental and deeded parking.
Where is this duplex located?
The property is located at 358 Gates Ave Brooklyn, NY.
What is the asking price?
The asking price for this property is $2,570,000.
What are key features of this property?
This property features: - Deeded parking space included.; - High-income-producing 2-bedroom, 2-bath garden rental (projected $4,250/month).; - Enjoy the spacious Owner's 4-bedroom, 3.5-bath triplex with private terrace and garden.
More about this property
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