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405 Gates Avenue Brooklyn, NY $ 7,500,000
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$ 7,500,000 Get more info
405 Gates Avenue
$ 7,500,000
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405 Gates Avenue

Brooklyn, NY, 11216
$ 7,500,000
Bedrooms-- Baths-- Sq 11,250

Monthly Estimate*

$ 46,179

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Commercial Property for sale in Brooklyn, NY

for $7,500,000. This 11,250 square foot building was built in 1931 on a lot size of 0.0861.

Please check the documents for the set up with all income and expense details. Fully renovated and mixed use asset on a prime corner in Bedford-Stuyvesant. The property is in close proximity to the S, C, A G trains, along with Brooklyn MTA bus 38, 44, 48 and 52 lines. The top floors are supreme Class A office space, with 15+ foot ceilings, oversized windows, brand new heating and cooling systems and ample lavatories. 405-407 Gates Ave, Brooklyn 11216 (403 Gates ave vacant lot 18.75*100 R6A, C2-4 ) R6A, C2-4 zoning $7,500,000 for building. $1,500,000 for the lot. Will sell together or bldg first Price Per Square Foot: $667 Year built: 1931 SF: 11,250 Lot SF: 3,750

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Commercial Active

Price

$ 7,500,000

Property Type

Commercial

Taxes

$ 80,981

Style

Mixed Use

Lot Size

0.0861

Year Built

1931

Town/City

Brooklyn

County/Region

Kings

MLS | Web ID

950805
Features
General
Sewer Public Sewer
Heating See Remarks
Cooling Ductless
Utilities See Remarks
Zoning R6A
Construction Materials Brick
Year Built 1931
Property Subtype Mixed Use
Tax Year 2024
Parcel Number 01807-0056
Business Type Other
County Kings (Brooklyn)
Property Type Commercial Sale
City New York
Property Attached Y/N N
Tax Annual Amount 80981.16
Showing Instructions Please email a.freerks@hlresidential.com
Additional Parcels Y/N Y
Building Area Units Square Feet
Standard Status Active
Tax Assessed Value 828000
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Interior
Basement Finished Full
Basement Features Finished Full
Basement (Y/N) Y
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Exterior
Water Source Public
Building Area Total 11250
Waterfront Y/N N
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Internal Only
Street Number 1 405
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* Excluded Features
List By
Andrew Freerks

Listing Agent

Andrew J. Freerks

Broker

917-246-7750

Contact

Affordability Calculator

$52,927
Per Month
87%
13%
0%
Monthly Principal & Interest
$46,179
Monthly Property Taxes
$6,748
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
4101131 Elementary School
4101327 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
1/12/2026$7,500,000 Listed Price

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405 Gates Avenue, Brooklyn, NY, 11216 is a Commercial Property for sale at $7,500,000 with 11,250 sqft and a lot size of 0.0861. 405 Gates Avenue was built in 1931. The property's zip code is 11216 which is in Brooklyn, NY

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