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

1538 Gates Ave
Brooklyn, NY 11237
 Multifamily Property For Sale · 5 Units

Apartment Buildings New York Brooklyn 1538 Gates Ave, Brooklyn, NY 11237

Investment Highlights

  • Steps Away From the Myrtle-Wyckoff Aves L/M Subway Station
  • Four Free Market Apartments over One Store
  • 9% Projected Cap Rate
  • Mixed Use Building with 25 Feet Frontage
  • R6 Zoning
  • Gas Heating with 4 Zones

Property Facts

No. Units 5 Lot Size 0.06 AC
Property Type Multifamily Building Size 3,750 SF
Property Subtype
Apartment
  • General Retail Storefront Retail/Residential
  • Office Office Residential
  • Multifamily Dormitory
 No. Stories 3
Apartment Style Low-Rise Year Built 1931
Building Class C
Zoning R6 - R6 is a medium-density residential zone allowing diverse housing like townhouses and apartment buildings, with options for different bulk regulations.
No. Units 5
Property Type Multifamily
Property Subtype
Apartment
  • General Retail Storefront Retail/Residential
  • Office Office Residential
  • Multifamily Dormitory
Apartment Style Low-Rise
Building Class C
Lot Size 0.06 AC
Building Size 3,750 SF
No. Stories 3
Year Built 1931
Zoning R6 - R6 is a medium-density residential zone allowing diverse housing like townhouses and apartment buildings, with options for different bulk regulations.

Amenities

Unit Amenities

  • Heating
  • Refrigerator
  • Oven
  • Tub/Shower
  • Basement

Site Amenities

  • 24 Hour Access
  • Smoke Free

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
7+4.5 5 - -

Property Taxes

Parcel Number 03345-0019 Improvements Assessment $265,500
Land Assessment $90,000 Total Assessment $355,500

Property Taxes

Parcel Number
03345-0019
Land Assessment
$90,000
Improvements Assessment
$265,500
Total Assessment
$355,500
 

  • Listing ID: 38611948

  • Date on Market: 12/1/2025

  • Last Updated:

  • Address: 1538 Gates Ave, Brooklyn, NY 11237

More public record information on 1538 Gates Ave, Brooklyn, NY 11237

The Bushwick Multifamily Property at 1538 Gates Ave, Brooklyn, NY 11237 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.

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