Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $1,900,000

· Closed September 24, 2024

949 Gates Avenue
Closed For Sale Multi Family

$1,900,000

$542 per sq ft

949 Gates Avenue

Bedford-Stuyvesant, Brooklyn

MLS® #RLS10995039

RLS at REBNY

Listing by Compass

4

Bedrooms

4.5

Baths

3,508

Sq. Ft.

1899

Year Built

Quick Summary

Bedrooms 4
Bathrooms 5 full, 1 half
Living Area 3,508 sq ft
Year Built 1899
Ownership None
Property Taxes $4,284/yr
Neighborhood Bedford-Stuyvesant
Floor 1 of 2

Property Highlights

  • Exposure: South facing
  • Outdoor Space: Deck, Terrace
  • Fireplace: 1 fireplace

Property Details

Type Multi Family
Ownership None
Total Rooms 8
Baths 4 Full, 1 Half
Floor 1 of 2
Exposure South
Heating Central
Cooling Central Air
Pets CatsOk, DogsOk
Year Built 1899
Living Area 3,508 sq ft
Structure Type Townhouse
Flooring Hardwood
Furnished Unfurnished
Parcel # 01632-0048
Block/Lot 01632/48

Listing History

Event Date Price Change
Listed May 9, 2024 $1,950,000 -
Currently Apr 22, 2026 $1,900,000 -2.6%

Description

949 Gates Avenue is a thoughtfully renovated, 2-family townhome with a modern aesthetic and unique design elements. The fantastic upper triplex offers three bedrooms, two and a half baths, a dramatic double-height ceiling in the den and a finished deck leading to a 20-foot wide backyard. A renovated 1-bedroom garden unit offers flexibility and income. Enjoy the space of a townhouse with the benefit of rental income and very low property taxes. The parlor level features a quaint entryway, a gracious living room framed by a beautiful brick fireplace and lots of space for dining. The thoughtfully renovated kitchen offers granite countertops, full-sized stainless appliances and lots of cabinetry for great storage. Enjoy easy access through the glass sliding doors onto the oversized wooden deck. The backyard is beautifully landscaped and includes a custom-built pergola. The second floor features a large primary bedroom with three windows, a walk-in-closet and an updated en-suite bathroom. This floor also features a full-width den with exposed beams and double-height ceiling. Alternatively, this space can easily accommodate two additional bedrooms and an additional bathroom. The third floor includes two bedrooms, another full bathroom and a versatile landing, currently being used as a gym. The garden rental unit is fully renovated and has direct access to a large patio. This floor also provides access to the well-maintained cellar. This special home includes solar panels, central heating and cooling, washer/dryer, and a brand new roof. Don’t miss this incredible opportunity to own a townhome in historic Stuyvesant Heights. Enjoy proximity to some of Brooklyn’s finest eateries, bars and boutiques. J/Z subway lines just 2 blocks away.

Features & Amenities

Interior Features

Granite Counters High Ceilings See Remarks Flooring: Hardwood Skylights Fireplace (1)

Exterior Features

Private Yard Deck Terrace

Appliances

Cooktop Dryer Dishwasher Refrigerator Stainless Steel Appliances Washer

Building Information

Total Units 2
Stories 2
Structure Townhouse

Financial Details

RE Taxes $4,284/yr ($357/mo)
Original Price $1,950,000
Sale Price $1,900,000
Previous Price $1,950,000

Bedford/Stuyvesant, in Brooklyn, features a mix of traditional brownstone row houses and mid-rise apartment buildings. Local amenities include proximity to major parks and robust access via subway lines, such as the L and J/Z trains. The area retains much of its historic architecture alongside newer residential developments.

Bedford-Stuyvesant Live Market Data

View Neighborhood

Active Listings

90

Median Asking Price

$1.26M

Median $/Sqft

$884

Avg Days on Market

N/A

New This Week

4

Price Reduced

19%

Sold (30 Days)

13

Median Sale Price

$1.84M

Live data from RLS at REBNY • Updated 4/22/26, 6:48 AM EST

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Location

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949 Gates Avenue, Bedford-Stuyvesant, Kings County

Floor Plans

Floor Plan
Floor Plan

Building Information

Official NYC property records for this building

1899
Year Built
127 years old
2
Floors
2
Residential Units
R6A
Zoning District
Two Family Dwellings

Tax & Assessment

Assessed Value: $74,760
Land Value: $16,440
Exemptions: $0

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 2,000 SF
Building Area: 1,900 SF
Built FAR: 0.95
Allowed FAR: 3

Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)

Want help estimating ownership costs or understanding building compliance? Let's discuss

Frequently Asked Questions

Common questions about this property

The current listed common charges are $0 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $4,284, or roughly $357 per month. Verify the current assessment with your attorney before closing.

This property has 4 bedrooms and 4 full bathrooms and 1 half bathroom.

The listed interior living area is 3,508 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1899, making it approximately 127 years old.

This listing is None

Pets are permitted at this property. Contact the listing broker for weight limits or breed restrictions.

At the current list price of $1,900,000 for 3,508 sq ft, the asking price per square foot is approximately $542. This figure is for reference only and may differ from appraised or assessed values.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or mcoste@kwnyc.com. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS10995039
First Listed: 5/9/2024
On Market: 5/9/2024
Price Changed: 9/25/2024
Closed: 9/24/2024
Contract Date: 5/9/2024

Listing Courtesy of Compass - Sarah Slavin

Listing Contact: (516) 849-8802

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 4/22/2026 at 10:48 AM UTC

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