Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $2,585,000

· Closed November 7, 2022

306 GATES Avenue #NA
Closed For Sale Multi Family

$2,585,000

$769 per sq ft

306 GATES Avenue #NA

Bedford-Stuyvesant, Brooklyn

MLS® #RLS10806815

RLS at REBNY

Listing by Corcoran Group

6

Bedrooms

5

Baths

3,360

Sq. Ft.

N/A

Year Built

Quick Summary

Bedrooms 6
Bathrooms 5
Living Area 3,360 sq ft
Year Built N/A
Neighborhood Bedford-Stuyvesant

Property Highlights

  • Location: Bedford-Stuyvesant, Brooklyn
  • Property Type: Multi Family

Property Details

Type Multi Family
Total Rooms 16
Baths 5 Full
Pets Yes
Living Area 3,360 sq ft
Parcel # 01986-0028

Listing History

Event Date Price Change
Listed Mar 4, 2022 $2,900,000 -
Price Reduced Nov 7, 2022 $2,700,000 -6.9%
Currently Apr 22, 2026 $2,585,000 -4.3%

Description

306 Gates Ave is a newly renovated FIVE (5) unit townhouse. It is located on a classic Brooklyn tree-lined street filled with early 20th Century brown-stones in prime Bedford Stuyvesant, east of its border with Clinton Hill. Currently a LEGAL Four 4-unit building, 306 Gates, has been re-configured with 5 apartments including 2 bedroom apartments on both the parlor and second floors, a studio and a 1-bedroom on the top floor and a large 1-bedroom garden apartment with access to a private back yard. The building is 21' wide and approximately 40' deep and sits back 20' on its lot providing a gated ground level patio - where you can park your bike or hang out on a nice day. A full basement provides excellent storage. Newly completed renovations include oil to gas conversion, upgraded electric, new kitchens with quartz countertops, shaker cabinets and stainless steel appliances; newly installed washer/ dryers in each apartment; marble tile baths with updated vanities; overhead light fixtures, and rebuilt interior wooden stair cases and outdoor staircase to the main entrance. 100% Free market as all units are being delivered vacant. Perfect opportunity to own a home and collect substantial income. It is an amazing opportunity for anyone looking for a solid investment with good appreciation. You can Create your dream multi-plex apartment or consider it for a condo conversion. Several transit options, Quick Access including G train stations at both Classon and Nostrand Avenues, the C train at Franklin Avenue, the express A or C at Nostrand Avenue, the Franklin Avenue Shuttle, and the B52 bus provide easy commuting to Manhattan, Downtown Brooklyn or Long Island City. Local highlights include the Herbert Von King Dog Run Park, Home Depot, Pratt Institute campus, Planet Fitness, Clementine Bakery, Pilar Cuban Eatery, Playground Coffee, the Green Food Supermarket and a host of restaurants, cafes and local shops that line Bedford Avenue. Please contact the listing agent and stop by our Open house and view 306 Gates Avenue.

Features & Amenities

Appliances

Washer Dryer Allowed

Building Information

Total Units 4
Stories 4

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

89

Median Asking Price

$1.25M

Median $/Sqft

$874

Avg Days on Market

N/A

New This Week

6

Price Reduced

18%

Sold (30 Days)

16

Median Sale Price

$1.90M

Live data from RLS at REBNY • Updated 4/22/26, 7:48 PM EST

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Location

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306 GATES Avenue #NA, Bedford-Stuyvesant, Kings County

Building Information

Official NYC property records for this building

1920
Year Built
106 years old
3
Floors
3
Residential Units
R6A
Zoning District
Walk-Up Apartments

Tax & Assessment

Assessed Value: $144,840
Land Value: $26,220
Exemptions: $0

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

Lot Area: 2,100 SF
Building Area: 3,780 SF
Built FAR: 1.8
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

This property has 6 bedrooms and 5 full bathrooms.

The listed interior living area is 3,360 square feet. Verify dimensions independently during due diligence.

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

At the current list price of $2,585,000 for 3,360 sq ft, the asking price per square foot is approximately $769. 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: RLS10806815
First Listed: 3/4/2022
Price Changed: 11/7/2022
Closed: 11/7/2022
Contract Date: 3/4/2022

Listing Courtesy of Corcoran Group - Fern Hamberger

Listing Contact: (646) 660-0060

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 11:48 PM UTC

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