161 Gates Ave Brooklyn, NY 11238

$2,700,000
4 beds
4 full
Multi-Family

Property details

About 161 Gates Ave

Discover this beautiful four-family townhouse in the highly sought-after neighborhood of Clinton Hill, Brooklyn. This property features four renovated one-bedroom apartments, each boasting hardwood floors, original finishes, and an abundance of natural light. The garden apartment offers the added luxury of a bonus room and an expansive outdoor space, perfect for entertaining or enjoying peaceful moments. All units are equipped with stainless steel appliances, ensuring modern convenience, and the entire property is fully tenanted with an average rent of $3,500 providing return on investment. Situated in a tree-lined area surrounded by classic brownstones, this vibrant community offers proximity to the Clinton-Washington C and G trains, as well as a variety of local restaurants and shops. Whether you're an investor or a future homeowner looking to settle in this charming neighborhood, this is a rare opportunity not to be missed!

Highlights

Home typeQuadruplex
HeatingOther
StatusActive
Year built1918
ParkingOn Street
MLS #L3585029

Summary

  • MLS Number: L3585029
  • MLS Name: ONEKEY2
  • Office Name: Coldwell Banker Reliable R E
  • Office Phone: (718) 921-3100

IDX Listings courtesy of OneKey MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDXThe data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed.

Information Copyright 2025, OneKey™ MLS. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 1/31/2025, 10:11:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Get an agent. Get a mortgage. Save big.¹

view of front of property

$2,700,000

161 Gates Ave

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Feb 09, 2000
Home Sold
$324,500

Tax history

YearAssessmentProperty Tax
2024$618,750$29,652
2023$532,350$27,456
2021$497,250$26,102
2019$544,050$24,575
2018$168,936$21,486
2017$168,936$21,101

History based on county public records data.

Nearby schools

5

P.S. 56 Lewis H. Latimer School

Public District KG-6

0.1 mi

170 Gates Ave

9

P.S. 11 Purvis J. Behan School

Public District PK-5

0.2 mi

419 Waverly Ave

1

P.S. 270 Johann DeKalb School

Public District KG-5

0.3 mi

241 Emerson Pl

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $81,149. Typical income of Brooklyn, NY residents is less than $<35k annually. Most families are single, no kids. Typical level of education for residents in this area is post secondary degree.

How much money do the neighbors make?

34%
<35k
32%
35k-100k
27%
100k-200k
7%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

63%
Single, No Kids
14%
Single, with Kids
12%
Married, No Kids
11%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

12%
<11 yrs old
4%
12-17 yrs old
39%
18-34 yrs old
39%
35-64 yrs old
6%
65+ yrs old

What do the neighbors do for fun?

  • Music ConcertsMusic Concerts
  • TennisTennis
  • Hiking/backpackingHiking/backpacking

Where do the neighbors shop?

  • H&MH&M
  • Crate & BarrelCrate & Barrel
  • BloomingdalesBloomingdales

Where do the neighbors go to eat?

  • ChipotleChipotle
  • StarbucksStarbucks
  • Jack In The BoxJack In The Box

What do the neighbors drive?

  • VolkswagenVolkswagen
  • BMWBMW
  • AudiAudi

What do the neighbors listen to?

  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • NewsNews
  • AlternativeAlternative
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 161 Gates Ave in Brooklyn, NY and zip code 11238 in the Northwestern Brooklyn neighborhood. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since October 14, 2024 and is currently priced at $2,700,000.

In December 2024 more than 40 listings in Brooklyn, NY were sold above the asking price. During the same period more than 257 listings were sold at asking price, while more than 178 were sold below. The number of homes for sale in Brooklyn, NY decreased by 10.4% between November and December 2024. Listings spent 88 days on the market in December 2024, and had a median list price of $987,395 during the same period.

From Rocket Homes Real Estate and based on county public records data.

More resources