197 Gates Avenue, Brooklyn, NY 11238
Local realty services provided by:Better Homes and Gardens Real Estate Shore & Country Properties



197 Gates Avenue,Brooklyn, NY 11238
$1,495,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Pending
Listed by:chanel clark
Office:peace of mind realty
MLS#:L3592074
Source:One Key MLS
Price summary
- Price:$1,495,000
About this home
Remarkable, newly listed four-family townhouse in Clinton Hill is a fantastic investment opportunity for you!
Currently occupied by paying tenants.
Featuring: 4 units consisting of 2-three bedroom one bathroom apartments and 2-two bedroom one bathroom apartments that each occupy the entire floor, high ceilings, large windows, hardwood floors, a large backyard and a cellar for extra storage.
Well-maintained in great condition, this property offers a unique blend of comfort and investment potential.
It also comes with a J-51 tax abatement up to 2041.
22ft X 40ft. 4,048 sq ft
Tenants are rent stabilized for the duration of the tax abatement.
Property will not be delivered vacant
The prime location offers excellent accessibility, with the G train at Classon Avenue and the C train at Clinton-Washington Avenue. Nearby, you’ll find Pratt Institute, St. Joseph’s College, and Long Island University, as well as cultural attractions like the Museum of Contemporary African Diasporan Arts, the Brooklyn Museum, and the Brooklyn Children’s Museum.
Foodies will love the local dining scene with favorites like Clementine Bakery, Hart’s Mediterranean, Rustik Tavern, Sisters Restaurant, Olea, and Aita. Plus a plethora of entertainment and shopping options makes this neighborhood a vibrant place to live.
Contact an agent
Home facts
- Year built:1899
- Listing Id #:L3592074
- Added:267 day(s) ago
- Updated:July 13, 2025 at 07:36 AM
Heating and cooling
- Heating:Hot Water, Natural Gas
Structure and exterior
- Year built:1899
- Lot area:0.04 Acres
Schools
- High school:Bedford Academy High School
- Middle school:Urban Assembly Unison School (The)
- Elementary school:Academy Of Arts And Letters
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,495,000
- Tax amount:$2,957
New listings near 197 Gates Avenue
- New$589,000Active2 beds 1 baths1,064 sq. ft.
2330 Plumb 1st Street, Brooklyn, NY 11229
MLS# 494996Listed by: RE/MAX EDGE - New$1,150,000Active-- beds -- baths3,198 sq. ft.
2304 Strauss Street, Brooklyn, NY 11212
MLS# 901509Listed by: JASON MITCHELL REAL ESTATE NY - New$419,000Active2 beds 2 baths1,150 sq. ft.
2928 W 5th Street #2C, Brooklyn, NY 11224
MLS# 901597Listed by: RE/MAX EDGE - New$1,359,000Active4 beds 4 baths2,358 sq. ft.
2150 Royce Street, Brooklyn, NY 11234
MLS# 495028Listed by: BERGEN BASIN REALTY LLC - New$1,098,000Active2 beds 3 baths1,856 sq. ft.
962 80th Street, Brooklyn, NY 11228
MLS# 2504798Listed by: MOMENTUM REAL ESTATE LLC - New$825,000Active3 beds 2 baths1,064 sq. ft.
1925 East 35th Street, Brooklyn, NY 11234
MLS# 495022Listed by: RE/MAX REAL ESTATE PROFESSIONA - New$949,000Active3 beds 4 baths2,256 sq. ft.
529 E 54th Street, Brooklyn, NY 11203
MLS# 901539Listed by: KEYSTONE REALTY USA CORP - Open Thu, 6 to 7pmNew$1,799,000Active7 beds 6 baths3,300 sq. ft.
969 55th Street, Brooklyn, NY 11219
MLS# 495029Listed by: RE/MAX EDGE - Open Sun, 1 to 3pmNew$749,000Active3 beds 2 baths881 sq. ft.
1015 66th Street #2B, Brooklyn, NY 11219
MLS# 494875Listed by: MOMENTUM REAL ESTATE LLC - New$395,000Active2 beds 1 baths1,000 sq. ft.
2483 West 16th Street #13G, Brooklyn, NY 11214
MLS# 494944Listed by: ILITE REALTY INC