Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $2,420,000

· Closed October 25, 2025

1116 GATES Avenue #TOWNHOME
Closed For Sale Rental

$2,420,000

1116 GATES Avenue #TOWNHOME

Bushwick, Brooklyn

MLS® #RLS20056660

RLS at REBNY

Listing by Corcoran Group

9

Bedrooms

8.5

Baths

N/A

Sq. Ft.

1905

Year Built

Quick Summary

Bedrooms 9
Bathrooms 9 full, 1 half
Year Built 1905
Ownership RentalBuilding
HOA/Common Charges $1/mo
Neighborhood Bushwick
Floor 1 of 3

Property Highlights

  • Views: City
  • Style: WalkUp architecture
  • Climate Control: Central Air

Property Details

Type Rental
Ownership Rental Building
Total Rooms 15
Baths 8 Full, 1 Half
Floor 1 of 3
View City
Cooling Central Air
Pets Yes
Year Built 1905
Architectural Style WalkUp
Basement Other
Parcel # 03339-0015
Block/Lot 03339/0015

Listing History

Event Date Price Change
Listed Oct 25, 2025 $2,420,000 -
Currently May 9, 2026 $2,420,000 -

Description

.

Features & Amenities

Interior Features

Building None Washer Hookup In Unit

Exterior Features

None

Appliances

Washer Dryer Allowed

Building Information

Building Data View Compliance & Permits
Total Units 3
Stories 3
Style WalkUp

Financial Details

Common Charges $1/mo
Sale Price $2,420,000

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

129

Median Asking Price

$960K

Median $/Sqft

$934

Avg Days on Market

N/A

New This Week

18

Price Reduced

24%

Sold (30 Days)

13

Median Sale Price

$859K

Live data from RLS at REBNY • Updated 5/9/26, 9:29 AM EST

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Location

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1116 GATES Avenue #TOWNHOME, Bushwick, Kings County

Building Information

Official NYC property records for this building

1905
Year Built
121 years old
3
Floors
3
Residential Units
R6
Zoning District
Walk-Up Apartments

Tax & Assessment

Assessed Value: $104,460
Land Value: $12,120
Exemptions: $0

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

Lot Area: 2,000 SF
Building Area: 3,300 SF
Built FAR: 1.65
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 $1 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 9 bedrooms and 8 full bathrooms and 1 half bathroom.

According to MLS records, the building was constructed in 1905, making it approximately 121 years old.

This listing is RentalBuilding

Pets are permitted at this property. Contact the listing broker for weight limits or breed restrictions.

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: RLS20056660
First Listed: 10/25/2025
On Market: 10/25/2025
Price Changed: 10/25/2025
Closed: 10/25/2025
Contract Date: 10/25/2025

Listing Courtesy of Corcoran Group - MARK MARTOV

Listing Contact: (917) 939-3888

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 5/9/2026 at 1:29 PM UTC

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