1530 Gates Avenue Brooklyn, NY $ 1,000,000
1530 Gates Avenue
$ 1,000,000
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1530 Gates Avenue

Brooklyn, NY, 11237
$ 1,000,000
Bedrooms-- Baths-- Sq 4,125

Monthly Estimate*

$ 6,239

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Commercial Property for sale in Brooklyn, NY

for $1,000,000. This 4,125 square foot building was built in 1931 on a lot size of 0.043.

Don’t miss this solid 6-family multifamily property located in the heart of Bushwick, one of Brooklyn’s most dynamic and rapidly growing neighborhoods. This fully occupied building offers strong cash flow with an approximate 8% cap rate, making it an excellent addition to any investor’s portfolio. Conveniently situated near shopping, dining, nightlife, and multiple subway lines, this property provides both stability and future upside in a prime location.

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Commercial Active

Price

$ 1,000,000

Property Type

Commercial

Taxes

$ 9,877

Style

Multi Family

Lot Size

0.043

Year Built

1931

Town/City

Brooklyn

County/Region

Kings

MLS | Web ID

906151

Features
General
Sewer Public Sewer
Heating Baseboard Hot Water
Cooling None
Utilities Cable Available Electricity Connected Sewer Connected Trash Collection Public Water Connected
Construction Materials Frame
Year Built 1931
Tenant Pays Electricity Gas
Property Subtype Multi Family
Tax Year 2025
Parcel Number 03345-0016
County Kings (Brooklyn)
Insurance Expense 7140
Property Type Commercial Sale
City New York
High School District Brooklyn
Number Of Units Total 6
Property Attached Y/N Y
Tax Annual Amount 9877
Showing Instructions email agent preapproval of POF before requesting any showing
Fuel Expense 4250
Property Condition Actual
Water Sewer Expense 2550
Additional Parcels Y/N N
Building Area Units Square Feet
Standard Status Active
Middle/Junior School District Brooklyn
Elementary School District Brooklyn
Cap Rate 8
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Interior
Basement Unfinished
Total Stories 3
Basement Features Unfinished
Basement (Y/N) Y
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Exterior
Water Source Public
Total Parking 0
Parking Spaces 0
Building Area Total 4125
Waterfront Y/N N
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Internal Only
Street Number 1 1530
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* Excluded Features
List By
Luis F. Fernandez

Listing Agent

Exp Realty

Broker

888-276-0630

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Affordability Calculator

$7,062
Per Month
88%
12%
0%
Monthly Principal & Interest
$6,239
Monthly Property Taxes
$823
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4892136 Elementary School
4892343 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/27/2025$1,000,000 Listed Price

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1530 Gates Avenue, Brooklyn, NY, 11237 is a Commercial Property for sale at $1,000,000 with 4,125 sqft and a lot size of 0.043. 1530 Gates Avenue was built in 1931. The property's zip code is 11237 which is in Brooklyn, NY