- For Sale $9,700,000
- Property Type Other
- Units 27
- Date Updated May 15, 2026
Description
Avison Young has been exclusively engaged by ownership to offer for sale 1004 Gates Avenue, a seven-story, 40’ elevator building located on the south side of Gates Avenue between Ralph Avenue and Broadway in the heart of Bedford-Stuyvesant (Bed-Stuy), Brooklyn. The property spans 19,130 SF and consists of twenty-seven (27) residential units. The buildings were significantly expanded and renovated in 2019 and benefit from a J-51 Tax Abatement until 2034.
Highlights
- $1,381,093 in Tax Savings until 2034
- $494,245 Preferential-to-Legal Rent Spread
- Fully Occupied Elevator Building
- Turnkey Asset with 40 of Frontage
False
Contacts
Avison Young - US - NY - New York
Avison Young - US - NY - New York
Avison Young - US - NY - New York
Avison Young