Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
1451 Gates Avenue

For Sale · Listing by Compass

1451 Gates Avenue

Bushwick, Brooklyn

$1,100,000

Interested in this property?
Active For Sale • Multi Family

$1,100,000

$733 per sq ft

1451 Gates Avenue

Bushwick, Brooklyn

MLS® #RLS20118675

RLS at REBNY

Listing by Compass

4
Bedrooms
2.5
Baths
1,500
Sq. Ft.
1910
Year Built

Quick Summary

Bedrooms 4
Bathrooms 3 full, 1 half
Living Area 1,500 sq ft
Lot Size 1,667 sq ft
Year Built 1910
Ownership None
Property Taxes $1,884/yr
Neighborhood Bushwick
Floor 1 of 2

Property Highlights

  • Climate Control: Wall Units
  • Character: Pre-war building (1910)

Property Details

Type Multi Family
Ownership None
Total Rooms 5
Baths 2 Full, 1 Half
Floor 1 of 2
Heating Wall Furnace
Cooling Wall Units
Pets Yes
Year Built 1910
Living Area 1,500 sq ft
Structure Type MultiFamily
Furnished Unfurnished
Lot Size 1,667 sq ft
Parcel # 03335-0054
Block/Lot 03335/0054

Listing History

Event Date Price Change
Listed Oct 21, 2026 $1,100,000 -
Currently Oct 21, 2026 $1,100,000 -

Description

Welcome to 1451 Gates Avenue, a two-family home in Bushwick offering a flexible layout and the opportunity for additional rental income. The property is configured with a 3-bedroom, 1.5-bathroom residence over a separate 1-bedroom, 1-bathroom apartment, providing a great setup for buyers looking to live in one unit while renting the other. Conveniently located near the L and M subway lines at Myrtle–Wyckoff Avenues, along with the B52 and B60 bus routes, the property offers easy access throughout Brooklyn and into Manhattan. The surrounding neighborhood features a variety of restaurants, cafés, shops, parks, and everyday conveniences. Whether you're looking for a primary residence with additional rental income or a two-family investment property, 1451 Gates Avenue offers plenty of possibilities in the heart of Bushwick. Additional information and professional photos coming soon.

Features & Amenities

Interior Features

See Remarks

Building Information

Building Data View Compliance & Permits
Total Units 2
Stories 2
Structure MultiFamily

Financial Details

RE Taxes $1,884/yr ($157/mo)

Bushwick has emerged as Brooklyn's premier creative frontier, known for its world-class street art, eclectic nightlife, and industrial-chic vibe. The neighborhood offers a wide range of housing options, from converted warehouse lofts that appeal to artists and professionals to traditional multi-family townhouses. Recent years have seen a surge in boutique new construction condominiums, making it a top destination for those seeking a dynamic and evolving urban environment.

Bushwick Live Market Data

View Neighborhood

Active Listings

100

Median Asking Price

$999K

Median $/Sqft

$837

Avg Days on Market

N/A

New This Week

6

Price Reduced

29%

Sold (30 Days)

11

Median Sale Price

$960K

Live data from RLS at REBNY • Updated 10/21/26, 6:45 PM EST

Similar Listings in Bushwick

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Location

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1451 Gates Avenue, Bushwick, Kings County

Building Information

Official NYC property records for this building

1910
Year Built
116 years old
2
Floors
2
Residential Units
R6
Zoning District
Two Family Dwellings

Tax & Assessment

Assessed Value: $69,960
Land Value: $10,440
Exemptions: $0

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

Lot Area: 1,667 SF
Building Area: 1,500 SF
Built FAR: 0.9
Allowed FAR: 2.43

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

The current listed common charges are $0 per month. Confirm the exact amount with Milton Coste before making an offer.

The current listed annual property tax is $1,884, or roughly $157 per month. Verify the current assessment with your attorney before closing.

This property has 4 bedrooms and 2 full bathrooms and 1 half bathroom.

The listed interior living area is 1,500 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1910, making it approximately 116 years old.

This listing is None

Pet policy requires confirmation with Milton Coste.

At the current list price of $1,100,000 for 1,500 sq ft, the asking price per square foot is approximately $733. 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 [email protected]. 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: RLS20118675
First Listed: 10/1/2026
On Market: 10/21/2026
Price Changed: 10/21/2026
Contract Date: 10/1/2026

Listing Courtesy of Compass - Parviz Latipzoda

Listing Contact: (917) 847-7771

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.

How working with a buyer's agent works: I work for you, not the seller. Before I show you anything, New York brokerage rules ask us to put that in writing: an agreement and a disclosure that say I work for you and negotiate on your behalf. The agreement is non-exclusive: you can work with other agents, it runs for a short fixed term we agree on, and you can end it with a note. You may attend open houses independently without an agreement. Read how it works

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 10/21/2026 at 10:45 PM UTC

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Milton Coste - NYC Real Estate Broker

Milton Coste

Licensed Real Estate Associate Broker

Keller Williams NYC

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Sale history, taxes, violations and comps for this unit

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Bushwick Market Update

11 sales last 30 days · $999K median · 9.1 months supply

Read Full Report

New listings in this neighborhood

Quick Facts

Status Active Type Multi Family Neighborhood Bushwick Borough Brooklyn
County Kings
Floor 1 of 2
Year Built 1910
First Listed 10/1/2026
Living Area 1,500 sqft
Annual Tax $1,884

Monthly Costs Estimate

Down Payment 20%

$220,000

Interest Rate Loading...

Source: Freddie Mac PMMS

Loan Term 30 years

Est. Monthly Payment

$0

Principal & Interest $0
PMI (under 20% down) $0
Est. Taxes $157
Total Monthly $0

Estimates only. Consult a lender for exact figures.

Mansion tax applies at this price point

New York State charges the buyer a mansion tax on residential purchases at $1,000,000 or more. At this asking price the tier is $1M to $1,999,999 at 1.00%, applied to the whole purchase price. It is due in cash at closing and cannot be financed.

Estimated mansion tax at asking

$11,000

Run the numbers on a different offer price

Estimate based on the asking price. Confirm your own obligation with your real estate attorney.

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