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1471 Gates AvenueBrooklyn, NY 11237

For Sale

$1,500,000

Smart Buyer Rebate $18,750

Rarely available, this legal two-family home sits on a deep 20' x 123' lot and offers private outdoor space, a private driveway, and a versatile layout with the opportunity to update and customize the property to suit a variety of lifestyles and uses.
Offering approximately 2,640 square feet of interior living space, the property features a spacious duplex unit with 4 bedrooms, 2 full bathrooms, multiple living areas, original hardwood floors, and direct access to a private backyard. The upper-level apartment consists of a separate 2-bedroom, 1-bath residence, providing flexibility for rental income or additional living space.
While the home has been maintained over the years, it presents an excellent opportunity for updating and modernization, allowing a new owner to customize the property and unlock its full potential.
Conveniently located near the restaurants, cafes, shopping, and neighborhood services along Myrtle Avenue, Knickerbocker Avenue, and Wyckoff Avenue, the property also offers easy access to public transportation. The Myrtle-Wyckoff station, serving the L and M subway lines, is located approximately one and a half blocks away.

Listed by Christian Florez

·

MYNY Residential

·

718-921-3100

Last updated June 14, 2026

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Source: OneKey #1006274

Listing Facts

  • TypeMulti-family
  • NeighborhoodBushwick
  • Bedrooms6
  • Bathrooms3
  • Days on Prevu14
  • Taxes$9,653/year

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

06/02/2026
Listed by MYNY Residential
$1,500,000

Estimated Closing Costs

Total
$54,350
Attorney Fees
$4,000
NYC Mansion Tax
$15,000
Title Insurance
$6,750
Bank Attorney
$1,500
Mortgage Recording Tax
$23,100
Other Closing Costs
$4,000

Estimated closing costs are based on the list price of $1,500,000 and a 20% downpayment. These estimates are for indicative purposes only. Actual closing costs may vary for each transaction. See the Closing Costs Calculator for calculations specific to your situation.

Property Details for 1471 Gates Avenue

Exterior

Construction

  • Number Of Units Total: 2
  • Property Attached: Yes
  • Year Built: 2002
  • Construction Materials: Brick

Measurements

  • Building Area Total: 2,640
  • Building Area Units: Square Feet
  • Lot Size Square Feet: 2,476

Financial

Taxes

  • Parcel Number: 03335-0147
  • Tax Annual Amount: $9,653.00
  • Tax Year: 2025

Interior

Features

  • Flooring: Hardwood
  • Interior Features: Formal Dining

Rooms

  • Bathrooms Full: 3
  • Bathrooms Total Integer: 3
  • Bedrooms Total: 6

Other

Location

  • Tax Block: 03335
  • Tax Lot: 0147

Parking

Parking

  • Parking Features: Driveway, Private

Schools

Elementary School

  • Elementary School: Ps 116 Elizabeth L Farrell
  • Elementary School District: Brooklyn 32

High School

  • High School: All City Leadership Secondary Sch
  • High School District: Brooklyn 32

Middle or Junior School

  • Middle Or Junior School: Jhs 291 Roland Hayes
  • Middle Or Junior School District: Brooklyn 32

Utilities

Equipment

  • Cooling: Wall/Window Unit(s)
  • Heating: Natural Gas
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected, Water Connected
  • Water Source: Public

Frequently Asked Questions

How many bedrooms and bathrooms does this multi-family home have?

There are 6 bedrooms and 3 bathrooms in this multi-family home at 1471 Gates Avenue.

What schools are nearby to 1471 Gates Avenue?

Nearby schools include the Ps 116 Elizabeth L Farrell Elementary School, Jhs 291 Roland Hayes Middle School, and All City Leadership Secondary Sch High School.

What are the annual taxes for 1471 Gates Avenue?

Annual taxes for this multi-family home are estimated at $9,653.

How does 1471 Gates Avenue compare to other multi-family homes in Bushwick?

This multi-family home is listed 10% below the average price for multi-family homes in Bushwick and has been on the market for 76 less days than the typical home in this area.

1471 Gates Avenue is a 6-bedroom, 3-bath multi-family home for sale in Brooklyn NY 11237. Available on Prevu for 14 days at $1,500,000. This residence is located in Bushwick. The median listing price for multi-family homes in this area is $1,197,500. Nearby schools include Ps 116 Elizabeth L Farrell Elementary School, Jhs 291 Roland Hayes Middle School, and All City Leadership Secondary Sch High School. The home offers parking. Browse more multi-family home listings in Brooklyn.

The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey™ MLS. 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. This information is provided exclusively for consumers’ personal, non-commercial use. Information Copyright 2026, OneKey™ MLS. All Rights Reserved.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.