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Four-Story Multifamily Building
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1178 Gates Avenue, Brooklyn, NY 11221

Newly constructed, fully vacant eight-family building in mint condition with four stories and approximately 6,700 SF.

Property Size6,700 SF
Days on Market124

Property Features for 1178 Gates Avenue

General Information

Standard status Active
Size 6,700 SF
Property subtype Multifamily

Additional Details

Multifamily Units 8

Building Details

Stories 4
Listing Agency: Gaia Property Group
Listed By: Shay Zach · License #NY 30ZA1105558
Source: Crexi
Added: Apr 10 Changed: Aug 8 Last Checked: Jul 23 at 1:12PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Gaia Property Group

Investment Insights

Based on property information with market context.

Newly constructed, fully vacant eight-family four-story multifamily building spanning approximately 6,700 SF. The property is described as being in mint, brand-new condition, offering a clean slate for an owner or conversion project.

The building is located at 1178 Gates Avenue in Bushwick, Brooklyn. It is within walking distance of the Gates Avenue [J, Z] station and the Knickerbocker Avenue [M] station.

With eight units across four floors, the building presents a straightforward multifamily configuration in a transit-accessible area.

Key Highlights

  • Newly constructed, fully vacant 8‑family building with four stories
  • Approximately 6,700 SF building in mint, brand‑new condition
  • Walking distance to Gates Ave [J, Z] train station

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Acupuncture Dental Office Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

8
Residential units

Location Intelligence

Trade Area within ½ mile

4,577
Businesses Nearby

Demographics for 11221, NY

89,222
Population
38,690
Households
2.3
Avg Household Size
33
Median Age
42%
College-Educated
84%
High-School Grad
1.4 sq mi
ZIP Area
63,730
Density / Sq Mi
$85,122
Median Household Income
$49,202
Median Earnings
$2,055
Median Rent
$1,061,400
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Newly constructed, fully vacant eight-family building in mint condition with four stories and approximately 6,700 SF.
Where is this apartment building located?
The property is located at 1178 Gates Avenue Brooklyn, NY.
What are key features of this property?
This property features: Newly constructed, fully vacant 8‑family building with four stories; Approximately 6,700 SF building in mint, brand‑new condition; Walking distance to Gates Ave [J, Z] train station
More about this property
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