929 GATES Avenue
Brooklyn, NY, 11221
$
1,329,000
Bedrooms5
Baths3.0
Sq
2,880
Monthly Estimate*
$
8,291
for $1,329,000 with 5 bedrooms and 3 full baths. This 2,880 square foot home was built in 1995.
Opportunitу Awаitѕ at 929 Gаtеѕ Avenue
<ѕtrοng>Τwο-Fаmily Townhouse with Parking; Incredible Potential in Prime Brooklyn
DEAL FELL THROUGH.
ALL SHOWINGS ARE BY APPOINTMENT.
Bring your vision and creativity to this spacious two-family townhouse at 929 Gates Avenue, ideally located in the heart of Bedford-Stuyvesant, Brooklyn. With a flexible layout, and a generous footprint, plus 3120 of FAR, this property is perfect for homeowners or investors seeking a home that requires mostly cosmetic updates with strong income-producing potential.
Spread across three levels, the home features 5 bedrooms and 3 bathrooms, currently configured as a 3-bedroom, 2-bathroom owner's duplex with a 2-bedroom rental unit above-ideal for generating income, hosting guests, or converting into a spacious single-family residence.
Owner's Duplex
The duplex offers a classic, functional layout. On the main level, you'll find:
- A bright living room
- Full bathroom
- Laundry room
- A large open concept eat-in kitchen and dining room with direct access to the private backyard
The
backyard-complete with
deck and shed-is a peaceful retreat complete with mature shrubs.
Upstairs, the duplex continues with
three generously sized bedrooms and a second full bathroom. With light cosmetic updates, this level offers great potential for a serene and modern living space.
Top-Floor Rental Unit The
top-floor 2-bedroom apartment has its own
private entrance via exterior stairs. Recently
painted with
brand new carpet, the unit includes:
- Full bathroom
- Washer/dryer hookup
- Separate hot water heater
- Open-concept living, dining, and kitchen area
It's a
move-in ready rental unit that can generate immediate income-with or without additional upgrades.
Key Features - Private, gated driveway with room for 2 cars
- Flexible two-family layout
- Backyard with mature plants, deck, shed and entertaining space
Prime Bed-Stuy Location Located just
two blocks from the J train at Gates Avenue, with easy access to the
A/C trains at Utica Avenue and the
B52 bus right outside, this home offers convenient connectivity across Brooklyn and Manhattan.
Enjoy beloved neighborhood favorites:
- Chez Oscar, Trad Room and dar525 for dining
- Saraghina for artisanal pizza
- Marian's for cocktails
- Passionfruit for coffee and pastries
Whether you're looking to create your
forever home or invest in a property with
strong rental upside and low taxes,
929 Gates Avenue offers space, flexibility, and prime location-a rare opportunity in one of Brooklyn's most sought-after neighborhoods.
See more
List By
Judith Liebman
Listing Agent
Affordability Calculator
- Monthly Principal & Interest
- $8,291
- Monthly Property Taxes
- $705
- 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.
Learn more about how to save
Nearby
Multi-family listings in Brooklyn, NY
Average List Price
$1,774,427
Percent of Sale Price
34%
About Brooklyn, NY
2,668,108
Population
8%
Since 2002
$
56,355
Median Income
36.99
Median Age
28%
Households with Children
Trends Information provided by ATTOM Data Solutions.
0
Elementary School
0
Middle School
Pricing History
| Date |
Price |
Price Change |
Description |
|
9/5/2025
|
$1,329,000
|
|
Listed Price
|