2 months on rocket

964 Gates Ave, Brooklyn, NY, 11221

$1,300,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
2 Full Baths
1,710 SqFt
$760/SqFt
Multi

Location

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964 Gates Ave, Brooklyn$1,300,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingNone, Street
Year Built1899
HeatingSteam, Natural Gas
CoolingWindow Unit(s)
BasementYes
FireplaceStove
MLS #486923
StatusActive

About 964 Gates Ave

Discover this gated two-family home in the Stuyvesant Heights section of Bedford Stuyvesant, offering a blend of modern comfort and investment potential. The duplex owner's unit features a private entrance from either the front steps or the gated patio with a charming front yard. The main level boasts a welcoming foyer, leading to a spacious living room with gleaming hardwood floors, and an oversized eat-in kitchen complete with a center island, granite countertops, stainless steel appliances (fridge, gas stove, dishwasher), and ample cabinet space. The bathroom includes a luxurious jacuzzi tub, and there's direct access to a serene private yard with a patio, perfect for outdoor relaxation. Upper level, you'll find two bedrooms-the main bedroom includes French doors leading to the second bedroom. The upper unit offers 1 bedroom, 1 full bath, a kitchen, and a combined living/dining area, with easy potential to convert into a 2-bedroom unit. The property also includes a full finished basement, gas heat, and a boiler in great condition, with a new hot water heater (2 years old). Zoned R6, with 3,990 buildable SF, this home presents a prime opportunity for both living and investment. Conveniently located near schools, local amenities, and public transportation including the J train, B52, and B47 bus routes. Just minutes to Wall Street and Downtown Manhattan, this home offers the best of Brooklyn living with easy access to the city. Don't miss out on this incredible opportunity!

Property Details

Property Features

Property Information:

  • Year Built: 1899
  • Stories: 2
  • Living Area: 1,710 SqFt

Listing Office:

  • Office Name: Keller Williams Realty Landmar

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Stove, Washer
  • Basement: Yes
  • Flooring Type: Ceramic, Hardwood, Laminate, Tile
  • Fireplace: Stove

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Patio Garden

Parking Information:

  • Attached Garage: No
  • Parking: None, Street

Utilities

Utilities Information:

  • Heating: Steam, Natural Gas
  • Cooling: Window Unit(s)

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,300,000
  • Price Per SqFt: $760/SqFt

Tax Information:

  • Annual Amount: $3,374
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Brooklyn, NY.

Med. Sold Price

$979.9K

Med. Price/SqFt

$701

Avg. Days On Market

111

# of Sold Homes

385

964 Gates Ave vs Brooklyn

62 DAYS ON ROCKET

-49 Days

$1,300,000

+$320K More

$760/SqFt

+$58 More

KEY TAKEAWAY

This property is $320K more than the Median Sold Price and $58/SqFt more than other homes in Brooklyn, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #486923

Listing Office:

  • Office Name: Keller Williams Realty Landmar

IDX Information being provided by Brooklyn Multiple Listing Service is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

The accuracy of all information, regardless of source, including but not limited to open house information, square footage and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Brooklyn Multiple Listing Service and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited.

Copyright © 2024 Brooklyn Multiple Listing Service. All rights reserved.
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: 12/23/2024, 9:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$3,374$62,940
2019$3,374$62,940
2018$2,866$14,898
2017$2,656$14,061

History based on county public records data.

Payment Calculator

$6,556

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,964

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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-1173773
3
/10
  • P.S. 309 George E. Wibecan School

  • 794 Monroe St

  • 0.07 miles

  • Public District Grades KG-5

school-card-donut-1173774
5
/10
  • P.S. 5 Dr. Ronald E. Mcnair School

  • 820 Hancock St

  • 0.27 miles

  • Public District Grades KG-5

school-card-donut-1173775
4
/10
  • P.S. 75 Mayda Cortiella School

  • 95 Grove St

  • 0.37 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $38,309. The most common annual income of people living in Brooklyn, NY is less than $35k. Most families are single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas


Rocket Homes›New York›Kings County›Brooklyn›11221›964 Gates Ave

This home is located at 964 Gates Ave in Brooklyn, NY and zip code 11221 in the Stuyvesant Heights neighborhood. This 1,710 square foot home was built in 1899. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 21, 2024 and is currently priced at $1,300,000.

In November 2024, from all listings sold in Brooklyn, NY there were more than 28 sold above asking price, over 161 sold below and more than 196 were sold right at the asked price. The inventory of homes for sale in Brooklyn, NY between October 2024 and November 2024 decreased by 10.5%. In November 2024, listings were on the market for 111 days. During the same period, the median list price in this real estate market was $979,913.

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

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