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242 Gates Avenue
Townhouse in Bedford-Stuyvesant •  building info
6bd • 4.5ba
Sold price

$3,250,000

Key Details
Days on market
279
Last price change
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Estimated payment
$19,334
Taxes
$363
Monthly maintenance
N/A
Description
242 Gates Avenue is an immaculately renovated two family townhouse that blends modern convenience, stunning original detail, and an incredible interplay of light, texture, and design sensibility. The home is currently configured as a lower garden duplex and an upper triplex, comprising 5 bedrooms and 4.5 bathrooms, and can easily convert to a single family if desired. Spread out over five stories of thoughtfully designed living space, the residence was painstakingly renovated over many years and offers a unique two story lightwell, five wood-burning fireplaces, three terraces, an outdoor shower, landscaped front and rear gardens, and a rooftop terrace, including stadium seating, with 360 degrees views of Manhattan, Downtown Brooklyn, Williamsburg and The Brooklyn Museum of Art. The historic details throughout the house are breathtaking with original plaster scrollwork and crown molding, exposed brickwork, joists, and original floors, restored original shutters, fireplace mantels, and mahogany railings. The elegant renovated bathrooms continue the blend of old and new and the kitchens are designed to gather and cook in, with ample counter and storage space, sunny corners, views, and easy access to the garden and third-floor terrace. Entering the owner's triplex at the top of the stoop you'll find a welcoming foyer with original pier mirror, parlor doors and moldings, a brand new half bath, and a flexible front parlor currently used as a cozy media room. Heading up the stairs to the main entertaining floor of the home, the 3rd floor living space was opened up to provide a seamless flow through the living room, dining room, kitchen, and deck. The kitchen is a chef's dream with Wolf and Subzero appliances, Carrera marble counters, exposed brick, and a working wood-burning fireplace at counter height. The living room overlooks tree-lined Gates Avenue and the front garden, and has its own wood-burning fireplace. The entire home offers a cozy and inviting vibe and the two story lightwell bathes these spaces in ample natural light. With new HVAC, hot water heaters, and Nest thermostats throughout, the home has been outfitted for every convenience. The garden duplex has been masterfully designed with an open layout on the living level. A unique blend of original and modern finishes frame the space. The full kitchen is complete with open shelving and expansive stone countertops. The dining room in the rear of the home is lit with a skylight and provides access to a gracious backyard. The grand primary suite of the garden duplex is located on the second level of the home and benefits from high ceilings, a Venetian plaster fireplace, and a sundrenched study/seating room that leads to your very own private terrace overlooking the lush garden below. The primary bathroom is a mix of modern elegance and old school charm creating a timeless oasis. Enjoy the modern luxury of a stand-up glass shower with beautiful white subway tiling, or indulge in the separate soaking tub. This home also features radiant heating in the floors, central AC, a Bosch washer and dryer, and additional storage in the basement. The property boasts a plethora of upgrades, including soundproofing between units, a new roof, revamped HVAC, new plumbing, heating, new electric, and Pella architect-series wood windows and doors throughout. Each unit is individually metered with separate hot water heaters. Additional features include a bike and trash shed that fits up to 4 bikes out front, as well as a package holder for added convenience. Situated in Clinton Hill and within walking distance to Fort Greene, Prospect Heights and Bed Stuy, this home is near to the A, C, S, and G trains, and all of the fabulous restaurants and nightlife that have made Clinton Hill one of the fastest-growing neighborhoods in Brooklyn. Don't miss out on this incredible opportunity to own a piece of history and luxury living in the heart of Brooklyn.

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Important Stuff
Washer/Dryer in unit
Listing Amenities
Hardwood floors
Fireplace
Central Air
Building Amenities
Fios Available
Building info

History
Past Listing Photos
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What it'll cost
Purchase price
$3,250,000
Asking Price: $3,250,000
Term
30 Years
Down Payment
$325,000 (10%)
Min: 10% (325,000)
Rate
6.75 %
Mortgage Amount
$2,925,000
Mortgage Payment
$18,971
Taxes
$363
Estimated closing cost
$125,000
Total monthly cost $19,334
Listing Courtesy of Brown Harris Stevens

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