Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
248 Gates Avenue
Interested in this property?
Active For Sale Multi Family

$3,400,000

$594 per sq ft

248 Gates Avenue

Bedford-Stuyvesant, Brooklyn

MLS® #RLS20092833

RLS at REBNY

Listing by Compass

Open Houses Scheduled

Saturday, May 23 • 12:00 PM – 1:30 PM

Sunday, May 24 • 12:00 PM – 1:30 PM

REBNY 2025: signed Buyer Representation Agreement required before any showing.

6

Bedrooms

5.5

Baths

5,725

Sq. Ft.

1885

Year Built

Quick Summary

Bedrooms 6
Bathrooms 6 full, 1 half
Living Area 5,725 sq ft
Lot Size 2,395 sq ft
Year Built 1885
Ownership None
Property Taxes $7,536/yr
Neighborhood Bedford-Stuyvesant
Floor 1 of 5

Property Highlights

  • Exposure: North,South facing
  • Fireplace: 1 fireplace
  • Style: QueenAnne architecture

Property Details

Type Multi Family
Ownership None
Total Rooms 24
Baths 5 Full, 1 Half
Floor 1 of 5
Exposure North,South
Pets Yes
Year Built 1885
Living Area 5,725 sq ft
Architectural Style QueenAnne
Structure Type MultiFamily
Flooring Hardwood
Furnished Unfurnished
Lot Size 2,395 sq ft
Parcel # 01985-0032
Block/Lot 01985/0032

Listing History

Event Date Price Change
Listed May 22, 2026 $3,400,000 -
Currently May 22, 2026 $3,400,000 -

Description

Grand scale Queen Anne architecture house built around 1885, this approximately 5,725 sq/ft architectural jewel has retained its full character and has never been gutted! It is part of a series of row houses designed by the Parfitt Brothers, prominent architects at that time in Brooklyn. This is the true BedStuy/Clinton Hill beauty, in perfect working condition, ready for its next chapter. 20.83 ft wide, 60 ft deep on the bottom three floors and 45 ft deep on the top two floors. Lot is 20.83 x 115. Front yard and spacious backyard. This five story house is currently configured as a 4 family, and can easily be reconfigured with an enormous owners' bottom garden triplex and two upstairs rentals, providing good rental income. Great location at the intersection of Bedford Stuyvesant and Clinton Hill, on a quiet and pretty tree-lined block, and only a quick stroll away from Fort Greene. Asking for $3.4M First showings on May 23 and 24, by appointment only.

Features & Amenities

Interior Features

Crown Molding High Ceilings See Remarks Flooring: Hardwood Fireplace (1)

Exterior Features

Private Outdoor Space Over60 Sqft

Building Information

Building Data View Compliance & Permits
Total Units 3
Stories 5
Structure MultiFamily
Style QueenAnne

Financial Details

RE Taxes $7,536/yr ($628/mo)

Bedford/Stuyvesant, in Brooklyn, features a mix of traditional brownstone row houses and mid-rise apartment buildings. Local amenities include proximity to major parks and robust access via subway lines, such as the L and J/Z trains. The area retains much of its historic architecture alongside newer residential developments.

Bedford-Stuyvesant Live Market Data

View Neighborhood

Active Listings

106

Median Asking Price

$1.49M

Median $/Sqft

$892

Avg Days on Market

N/A

New This Week

9

Price Reduced

19%

Sold (30 Days)

7

Median Sale Price

$1.58M

Live data from RLS at REBNY • Updated 5/22/26, 12:21 PM EST

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Location

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248 Gates Avenue, Bedford-Stuyvesant, Kings County

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1920
Year Built
106 years old
4
Floors
3
Residential Units
R6B
Zoning District
Walk-Up Apartments

Tax & Assessment

Assessed Value: $209,400
Land Value: $21,720
Exemptions: $0

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

Lot Area: 2,396 SF
Building Area: 4,281 SF
Built FAR: 1.79
Allowed FAR: 2

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 the listing broker before making an offer.

The current listed annual property tax is $7,536, or roughly $628 per month. Verify the current assessment with your attorney before closing.

This property has 6 bedrooms and 5 full bathrooms and 1 half bathroom.

The listed interior living area is 5,725 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1885, making it approximately 141 years old.

This listing is None

Pet policy requires confirmation with the listing broker.

At the current list price of $3,400,000 for 5,725 sq ft, the asking price per square foot is approximately $594. 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: RLS20092833
First Listed: 5/22/2026
On Market: 5/22/2026
Price Changed: 5/22/2026
Contract Date: 5/7/2026

Listing Courtesy of Compass - Chrystel Garipuy

Listing Contact: (646) 256-9527

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.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 5/22/2026 at 4:21 PM UTC

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