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$2,630,125
List Price: $2,650,000
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330 Gates Avenue
Townhouse in Bedford-Stuyvesant •  building info
6bd • 3.5ba
Buy with Yoreevo

$2,630,125

List Price

$2,650,000

Key Details
Days on market
294
Last price change
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Estimated payment
$15,170/mo
Taxes
$485/mo
Maintenance
N/A
Description
330 Gates Avenue is a spacious three-family townhouse spanning approximately 3,550 square feet on one of the most desirable blocks at the Clinton Hill/Bed-Stuy border. The 18' x 54' building is configured as two three-bedroom, one-bathroom floor-through units above a two-bedroom, one-and-a-half-bathroom parlor/basement duplex. Impeccably maintained and fully rented, the property generates over $100K in annual rental income with exceptionally low expenses, yielding a net income of approximately $90K. With a strong rent roll and significant upside potential, this is a secure investment opportunity. It also offers a fantastic option for an end-user looking to live in the duplex while earning over $5,000 per month from the upper units. This property could also be purchased with the adjacent identical building, 332 Gates, to create a massive single-family home, a larger development site, or an opportunity to acquire six totally unregulated apartments. Ideally located near the G and C trains, the home provides easy access to Barclays Center, BAM, Pratt Institute, and Fort Greene Park. The neighborhood's vibrant dining and nightlife scene includes Speedy Romeo, Harts, The Fly, Bar Bolinas, Tepango, The Finch, and Roman's.

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Important Stuff
Washer/Dryer in unit
Virtual Doorman
Home features
Hardwood floors
Private outdoor space

Private Garden

Building amenities
Services and facilities
Fios Available
Live In Super
Building info

History
What it'll cost
Purchase price
$2,650,000
Asking Price: $2,650,000
Term
30 Years
Down Payment
$265,000 (10%)
Min: 10% (265,000)
Rate
6.25 %
Mortgage Amount
$2,385,000
Mortgage Payment
$14,685
Taxes
$485
Estimated Yoreevo rebate
$19,875
Estimated closing cost
$97,000
Total monthly cost $15,170
Buy your dream home with us and get an estimated $19,875 rebate.
Rebates vary by sale price, market and are subject
to a minimum commission.
Listing Courtesy of Douglas Elliman

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