15 days on rocket

574 Gates Ave, New York City, NY, 11221

$1,400,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
2 Full Baths
2,400 SqFt
$583/SqFt
Townhouse

Location

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574 Gates Ave, New York$1,400,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeTownhouse
Year Built1899
MLS #COMP-1692097272728849921
StatusActive

About 574 Gates Ave

Welcome to 574 Gates Avenue, a beautifully gut-renovated two-family townhouse boasting 2,400 square feet of modern living space in the vibrant Bedford-Stuyvesant neighborhood. This home offers an exceptional opportunity for both end users and investors, featuring two spacious 2-bedroom apartments and a fully finished basement, providing flexibility and comfort. Both apartments are designed with modern living in mind, offering open-concept layouts that maximize space and natural light. Each unit features a stylish, fully equipped kitchen with stainless steel appliances, custom cabinetry, and sleek quartz countertops, perfect for culinary enthusiasts. The updated bathrooms are fitted with high-end fixtures and contemporary finishes, adding a touch of luxury to everyday living. The fully finished basement provides an additional versatile space, ideal for use as a recreation room, home office, or gym, and is complete with a laundry area and ample storage. Outside, the private backyard offers a serene escape, perfect for outdoor gatherings, gardening, or quiet relaxation. Every inch of this home has been thoughtfully renovated, with beautiful hardwood floors, recessed lighting, and efficient heating and cooling systems throughout. Location Highlights: Nestled in the heart of Bed-Stuy, you’re steps away from local hotspots like Saraghina, Peaches, and Bed-Vyne Brew. Enjoy easy access to parks, schools, and public transportation, with the A/C trains just a short walk away, offering seamless connectivity to Manhattan and other Brooklyn neighborhoods. This stunning townhouse is perfect for those seeking a move-in ready home with strong income potential in one of Brooklyn’s most sought-after communities.

Property Details

Property Features

Property Information:

  • Year Built: 1899
  • Living Area: 2,400 SqFt

Listing Office:

  • Office Name: Compass
  • Office Phone: (212) 913-9058
  • Listing Agent: Erion Ahmetaj
  • Agent Phone: (917) 597-5736

Interior Features

Interior Information:

  • Flooring Type: Hardwood
  • Interior: Built-in Features, Crown Molding

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Parking Information:

  • Attached Garage: No

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,400,000
  • Price Per SqFt: $583/SqFt

HOA Fees:

  • Amount: $0
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in New York, NY.

Med. Sold Price

$856.1K

Med. Price/SqFt

$645

Avg. Days On Market

84

# of Sold Homes

1952

574 Gates Ave vs New York

15 DAYS ON ROCKET

-69 Days

$1,400,000

+$543.8K More

$583/SqFt

-$62 Less

KEY TAKEAWAY

This property is $543.8K more than the Median Sold Price and $62/SqFt less than other homes in New York, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: REBNY
  • MLS Number: #COMP-1692097272728849921

Listing Office:

  • Office Name: Compass
  • Office Phone: (212) 913-9058
  • Listing Agent: Erion Ahmetaj
  • Agent Phone: (917) 597-5736

IDX ©2024 The Real Estate Board of New York, Inc., All rights reserved. Website powered by IHR Technology Services.

Listing information for certain New York City properties provided courtesy of the Real Estate Board ofNew York’s Residential Listing Service (the “RLS”). The information contained in this listing has not beenverified by the RLS and should be verified by the consumer. The listing information provided here is forthe consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property.

This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 11/16/2024, 3:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$7,055

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,264

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-102536
3
/10
  • P.S. 44 Marcus Garvey School

  • 432 Monroe St

  • 0.08 miles

  • Public District Grades KG-5

school-card-donut-102537
3
/10
  • P.S. 25 Eubie Blake School

  • 787 Lafayette Ave

  • 0.33 miles

  • Public Magnet Grades KG-5

school-card-donut-102538
3
/10
  • P.S. 308 Clara Cardwell School

  • 616 Quincy St

  • 0.37 miles

  • Public District Grades PK-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $56,419. Most New York, NY residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 574 Gates Ave

What is the listing price of this property?

The listing price of 574 Gates Ave property is $1,400,000.

What type of property is this?

The property 574 Gates Ave is a townhouse located in New York City, New York, 11221.

Is this property for sale now?

Active Listing: 574 Gates Ave is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 574 Gates Ave has 4 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 574 Gates Ave is 2,400 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 574 Gates Ave is 1899.

Rocket HomesNew YorkKings CountyNew York11221574 Gates Ave

This home is located at 574 Gates Ave in New York City, NY and zip code 11221 in the Stuyvesant Heights neighborhood. This 2,400 square foot home was built in 1899. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 31, 2024 and is currently priced at $1,400,000.

In October 2024, from all listings sold in New York, NY there were more than 269 sold above asking price, over 833 sold below and more than 850 were sold right at the asked price. The number of listings in New York, NY increased by 1.8% between September 2024 and October 2024. In October 2024 median list price was $856,124 and the average listing age was 84 days.

From Rocket Homes Real Estate and based on county public records data.

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