This Multifamily Property is no longer advertised on LoopNet.com.

1004 Gates Ave
Brooklyn, NY 11221
Multifamily Property For Sale · 19,130 SF

Investment Highlights

  • Turnkey Asset with 40’ of Frontage
  • $494,245 Preferential-to-Legal Rent Spread
  • Fully Occupied Elevator Building
  • $1,381,093 in Tax Savings until 2034

Property Facts

Property Type Multifamily
Building Class B
Lot Size 0.06 AC
Construction Status Converted
Building Size 19,130 SF
No. Stories 7
Year Built 1925
Zoning C4-3 - Regional commercial center located outside of the central business districts

Property Taxes

Property Taxes

Parcel Number
01480-0014
Land Assessment
$99,000
Improvements Assessment
$1,447,200
Total Assessment
$1,546,200
  • Listing ID: 32823909

  • Date on Market: 8/15/2024

  • Last Updated:

  • Address: 1004 Gates Ave, Brooklyn, NY 11221

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