Homes for sale - 1538 Gates AVE, Brooklyn, NY 11237

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Shaughnessy Dusling

shaughnessysells@gmail.com +1(631) 612-1616

$ 1,599,000

Est. payment | -/mo

Save

$ 1,599,000

Est. payment | -/mo

Save

Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 942464

Rental Info No

Year Built 1931

Annual Tax Amount $10,147

Property Sub-Type Multi Family

Source onekey2

Property Description

Unveil an exceptional mixed use investment opportunity in the heart of dynamic Bushwick, Brooklyn. This property offers the perfect blend of commercial visibility and residential income, poised for significant growth in one of NYC's most sought-after neighborhoods. Priced for a value-add investor, promising substantial returns and is ready for a strategic transformation. 1538 Gates Ave is a three-story mixed use building consisting of four Free Market apartments over one ground floor store, just minutes away from the bustling Myrtle and Wyckoff Aves L & M subway station. Each of the upper floors is comprised of two apartments positioned front and back, all featuring a desirable boxed layout, three of which are 2 bedrooms and the other one is one bedroom. The retail space and two apartments are currently vacant, awaiting TLC which is perfect for an owner-user seeking the flexibility to establish their own business while benefiting from consistent cash flow or a savvy investor looking to customize and maximize returns.

Location

State NY

County Kings (brooklyn)

Rooms

Basement Storage Space, Unfinished

Interior

Heating Baseboard, Hot Water, Natural Gas

Cooling Wall/Window Unit(s)

Fireplace No

Exterior

Parking Features None

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Trash Collection Public, Water Connected

Building

Lot Description Back Yard, Near Public Transit, Near School, Near Shops

Story 3

Foundation Other

Sewer Public Sewer

Water Public

Structure Type Other

Schools

Elementary Schools Ps 106 Edward Everett Hale

Middle Schools Jhs 291 Roland Hayes

High Schools Brooklyn 32

School District Brooklyn 32

Others

Special Listing Condition None

Listed by Block & Lot Services Inc • Samson Fong

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(631) 612-1616

shaughnessysells@gmail.com

150 Motor Parkway, Suite 401, Hauppauge, NY, USA

1538 Gates AVE Brooklyn, NY 11237