929 GATES Avenue Brooklyn, NY $ 1,329,000
929 GATES Avenue
$ 1,329,000
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929 GATES Avenue

Brooklyn, NY, 11221
$ 1,329,000
Bedrooms5 Baths3.0 Sq 2,880

Monthly Estimate*

$ 8,291

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Multi-Family Home for sale in Brooklyn, NY

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.

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Multi-Family Active

Price

$ 1,329,000

Bedrooms

5

Full Bath

3

Property Type

Multi-Family

Taxes

$ 8,460

Style

Year Built

1995

Town/City

Brooklyn

County/Region

Kings

MLS | Web ID

RLS20046267

List By
Judith Liebman

Listing Agent

Corcoran Group

Broker

(646) 298-8775

Phone

Affordability Calculator

$8,996
Per Month
92%
8%
0%
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.
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Nearby
0 Elementary School
0 Middle School
Pricing History
Date Price Price Change Description
9/5/2025 $1,329,000 Listed Price

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929 GATES Avenue, Brooklyn, NY, 11221 is a Multi-Family Home for sale at $1,329,000 with 2,880 sqft. 929 GATES Avenue has 5 bedrooms, 3.0 baths, and was built in 1995. The property's zip code is 11221 which is in Brooklyn, NY