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Property Address

1187 Gates Avenue, Brooklyn (Bushwick), NY  11221

Open House - 4/21/2019 - 3:00 pm to 4:00 pm

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Property Details

Status
Active
Town
Brooklyn
Type
Multi-family
Rooms
9
Bedrooms
6
Baths
3 full
Year Built
1920
BuildingType
Townhouse
Cooling
Unknown Type
Lot Size
19'x100'
Est. Taxes
$1,140
Days on Market
72 days
Building Access
Walk-up
Service Level
None
Built Size
19'x32'
OLR#
0075153

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$975,000

Estimated PMT - $3,780 / Mo.*

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1187 Gates Avenue, Brooklyn, NY, New York 11221. Presenting 1187 Gates Ave, this three story, 19 FT wide, two family property plus a finished basement and a 100+ SF extension on each floor, in total, yields over 3000 SF of interior space. Located in Bushwick near to the Gates Ave J & Z train station and currently arranged as 3 separate units, 1187 Gates Ave is an attractive opportunity for the investor in the know or an end user to convert and reside in an upper duplex while collecting a considerate rental income from the two bedroom garden unit. The top floor was recently gut renovated and features two, spacious bedrooms on either end and a dual living + kitchen combination in the center, brand new hardwood flooring, kitchen cabinetry and counter tops. The second floor has 2 bedrooms and is currently occupied with a tenant. The building layout could be alternatively reconfigured as floor though, 3 bedroom apartments. The garden floor currently has exclusive access to the backyard. With some creativity and personal touch, this building could be turned into your income producing, dream home. The mechanicals are in well maintained, working condition and were upgraded recently. Transportation into Manhattan via the Gates ave J & Z train stop is conveniently accessible by a mere 2 blocks. Bushwick enjoys an established entertainment, culinary and bar scene, while welcoming frequent, new additions that complement the existing street scene.

 
 

Listing courtesy of Compass