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Listed price in listed location currency (USD).
$1,599,000

000

MLS® 942464

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Commercial Sale
Size -
Garage No
HOA Fees 
Taxes $10,147
Days Active 1
Approx. Age 1931
MLS® Number 942464

Property Address: 1538 Gates Ave, Brooklyn, NY, 11237-6183

Average square foot calculated using Size range provided by listing agent.

Description

Unveil an exceptional mixed use investment opportunity in the heart of dynamic Bushwick, Brooklyn. This property offers the perfect blend of commercial visibility and residential income, poised for significant growth in one of NYC's most sought-after neighborhoods. Priced for a value-add investor, promising substantial returns and is ready for a strategic transformation. 1538 Gates Ave is a three-story mixed use building consisting of four Free Market apartments over one ground floor store, just minutes away from the bustling Myrtle and Wyckoff Aves L & M subway station. Each of the upper floors is comprised of two apartments positioned front and back, all featuring a desirable boxed layout, three of which are 2 bedrooms and the other one is one bedroom. The retail space and two apartments are currently vacant, awaiting TLC which is perfect for an owner-user seeking the flexibility to establish their own business while benefiting from consistent cash flow or a savvy investor looking to customize and maximize returns.
MLS® Number942464
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1931
Stories3
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Dec 10, 2025List Date
$1,599,000List Price
  • Commute

Commute

Starting Address
Destination Address
1538 Gates Ave, Brooklyn, NY

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