1530 Gates Avenue Brooklyn, NY 11237

Building Details

Year Built

1931

Listing agency EXP REALTY

Listed by LUIS F. FERNANDEZ · License #906151

Source Corcoran

Added: Aug 27, 2025 Updated: Jul 20 at 5:05PM Checked: Jul 22 at 6:57AM

Report an Issue

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 EXP REALTY

---

Investment Insights

Based on property information with market context.

This solid 6-family multifamily property is presented for sale as fully occupied. The offering is positioned for investors seeking stability, and the remarks cite an approximate 8% cap rate.

Located in the heart of Bushwick, Brooklyn, the building is described as conveniently situated near shopping, dining, nightlife, and multiple subway lines.

The property’s current configuration and occupancy support an income-producing investment profile, with the seller’s remarks also pointing to future upside tied to the surrounding neighborhood activity.

Key Highlights

• 6‑family multifamily building built in 1931
• Property is presented as fully occupied
• Approximate 8% cap rate cited in the listing remarks

Property Analytics

Location Intelligence

Similar For Sale Nearby

• 

  $1,030,000

  2,870 SF

  New Retail Condo with Indoor Parking

  Vacant, newly built retail condo with available indoor parking options for a wide range of businesses.

  268 Bay Ridge Avenue, Brooklyn, NY 11220

  View Details
• 

  $988,000

  2,292 SF

  Storefront Condo with Parking

  Built in 2015 and currently used as a bakery, with indoor parking available for additional cost.

  268 Bay Ridge Avenue, Brooklyn, NY 11220

  View Details
• 

  $1,390,000

  3,239 SF

  First-Floor and Cellar Commercial Condo

  Modern 2017 mixed-use condo with flexible space for office, medical, fitness, or community uses.

  832 40th Street, Brooklyn, NY 11232

  View Details
• 

  $7,500,000

  6,800 SF

  Four-Story Building with Restaurant

  Restaurant on the first floor with six office suites across the upper three levels in an R6 zoned building.

  774 59th Street, Brooklyn, NY 11220

  View Details
• 

  $590,800

  1,200 SF

  Ground-Level Retail Storefront with Parking

  Ground-level retail store built in 2015 with available indoor parking and full possession for a flexible tenant buildout.

  268 Bay Ridge Avenue, Brooklyn, NY 11220

  View Details
• 

  $1,488,888

  2,600 SF

  Retail Storefront with Operating Dry Cleaner

  Storefront property includes an operating dry-cleaning business on a 19-by-146-foot lot.

  1627 Sheepshead Bay Road, Brooklyn, NY 11235

  View Details
• 

  $1,190,000

  1,079 SF

  Move-In Ready Medical Office Condo

  Turnkey 6th-floor commercial condo with reception, exam/treatment rooms, two bathrooms, and employee break room in an elevator building.

  849 53rd Street, Brooklyn, NY 11220

  View Details
• 

  $999,000

  15,000 SF

  Turn-Key Supermarket Business

  Fully equipped supermarket occupies the entire block along Quentin Road, with refrigerated and freezer equipment plus a full basement.

  53-65 Quentin Road, Brooklyn, NY 11223

  View Details
• 

  $3,100,000

  6,362 SF

  Triple-Net Retail Storefronts

  Three retail storefronts built in 2015 with 10 indoor parking spaces, offered as a package sale with NNN tenants.

  268 Bay Ridge Avenue, Brooklyn, NY 11220

  View Details
• 

  $898,000

  966 SF

  Turnkey Laundromat with Dry-Cleaning

  Fully equipped laundromat with washers, dryers, and dry-cleaning services plus a storage basement.

  2415 Bath Avenue, Brooklyn, NY 11214

  View Details
• 

  $518,000

  1,018 SF

  Turnkey Second-Floor Medical Office Suite

  Fully equipped 2nd-floor suite in an elevator building with enclosed reception, private offices, storage, pantry, and two bathrooms.

  863 50th Street, Brooklyn, NY 11220

  View Details
• 

  $900,000

  29,171 SF

  Corner Medical Suite with Private Entrance

  Ground-floor corner suite zoned for ambulatory or diagnostic care, with waiting area, exam room, and private entry.

  531 5th Street, Brooklyn, NY 11215

  View Details

FAQs

What type of property is this?

Apartment building - Solid 6-family multifamily property presented as fully occupied with an approximate 8% cap rate.

Where is this apartment building located?

The property is located at 1530 Gates Avenue Brooklyn, NY.

What is the asking price?

The asking price for this property is $950,000.

What are key features of this property?

This property features: 6‑family multifamily building built in 1931; Property is presented as fully occupied; Approximate 8% cap rate cited in the listing remarks