Map of Property

403 Gates Avenue

403 Gates Avenue, Brooklyn, NY 11216

  • For Sale $1,550,000
  • Property Type Land
  • Property Size 5,625 SF
  • Lot Size 1,875 SF
  • Date Updated Aug 28, 2020

Bedford-Stuyvesant Development Site in an Opportunity Zone. vacant 18.75' wide development site within a recently designated opportunity zone on the north side of Gates Avenue between Bedford and Nostrand Avenues in the Bedford-Stuyvesant neighborhood of Brooklyn. R6A/C2-4 zoning (FAR: 3.0 Res., 2.0 Comm.) provides approximately 5,625 buildable square feet as-of-right for a mixed-use project. The property is surrounded by a variety of upcoming residential and mixed-use development projects that are driving strong pricing growth. Such new developments include a 16 unit condominium development project next door at 399 Gates Ave., a 22-unit mixed-use rental development project at 335-341 Nostrand Ave., and the completed 16-unit condominium development across the street at 366-370 Gates Avenue. With the migration of new tenants to the neighborhood and the installation of the opportunity zone program, development sites in the area have been in very high demand.

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Contacts

broker

Jonathan Berman

Ariel Property Advisors

(212) 544-9500 x 20

broker

Dov Chein

Ariel Property Advisors

(212) 544-9500 x 28

Location

Getting Around

  • Walk Score ®

    93/100 Walker's Paradise

  • Transit Score ®

    100/100 Rider's Paradise

  • Bike Score ®

    82/100 Very Bikeable
Powered by Walk Score ®
  • City Brooklyn, NY
  • Neighborhood Bedford-Stuyvesant
  • Zip Code 11216

Points of Interest

  • Bedford–Nostrand Avenues

    0.26 miles

  • Nostrand Avenue

    0.41 miles

  • Franklin Avenue

    0.44 miles

  • Classon Avenue

    0.50 miles

  • Nostrand Avenue

    0.57 miles

  • Myrtle–Willoughby Avenues

    0.58 miles

  • New Bell Car Service

    0.66 miles

  • Kingston–Throop Avenues

    0.70 miles

  • Clinton-Washington

    0.77 miles

  • Clinton–Washington Avenues

    0.80 miles

  • Mobil

    0.51 miles

  • Shell

    0.53 miles

  • Shell

    0.60 miles

  • BP

    0.65 miles

  • Sunoco

    0.67 miles

  • Citgo

    0.76 miles

  • Shell

    0.98 miles

  • BP

    0.98 miles

  • Citgo

    1.09 miles

  • Shell

    1.15 miles

  • Cielo Garage

    0.81 miles

  • Underhill Garage

    0.98 miles

  • The Brooklyn Museum and Botanic Garden

    1.29 miles

  • Rapid Park

    1.44 miles

  • Garfield Garage

    1.67 miles

  • NYPD Brooklyn Tow Pound

    1.81 miles

  • Edison ParkFast

    1.89 miles

  • Sunny

    2.02 miles

  • Car Park Systems

    2.02 miles

  • MMP Parking LLC

    2.06 miles

  • The Brooklyn Hotel

    0.52 miles

  • La Quinta

    0.53 miles

  • Best Western

    0.58 miles

  • The Brooklyn Riviera Hostel

    0.82 miles

  • Broadway Hotel

    1.02 miles

  • New York Moore Hostel

    1.43 miles

  • New York Loft Hostel

    1.53 miles

  • Hotel Bogart Street, Brooklyn

    1.54 miles

  • Even Hotel Brooklyn, an IHG Hotel

    1.62 miles

  • Holiday Inn Brooklyn Downtown

    1.66 miles

  • Hings Kowk

    0.07 miles

  • Geno's Fish & Chips

    0.08 miles

  • Lucy's Vietnamese

    0.17 miles

  • Lucha Lucha

    0.18 miles

  • Oaxaca Taqueria

    0.19 miles

  • King of the Sea

    0.20 miles

  • Frankie & Vali's Pizza

    0.20 miles

  • Angela's

    0.21 miles

  • Golden Hing

    0.22 miles

  • Home Frite

    0.23 miles

  • Boys High School

    0.20 miles

  • K553 Brooklyn Academy High School

    0.22 miles

  • Clara Muhammad School of Masjid Khal

    0.24 miles

  • Public School 256

    0.29 miles

  • Brooklyn Adult Learning Center

    0.35 miles

  • The Brooklyn Waldorf School

    0.41 miles

  • Public School 54

    0.45 miles

  • Clinton Hill Middle School

    0.47 miles

  • The Winchendon School

    0.49 miles

  • The Co-op School

    0.51 miles

  • Mi Casita

    0.25 miles

  • Bambi Day Care Center

    0.28 miles

  • Friends of Crown Heights Educational Center

    0.30 miles

  • The Learning Experience

    0.37 miles

  • Little Lola & Tots

    0.43 miles

  • Magic Moments Academy

    0.49 miles

  • BumbleBeesRus

    0.50 miles

  • Little Sun People

    0.52 miles

  • Bedford Stuyvesant Early Childhood Development Center

    0.53 miles

  • Robotic Steam

    0.55 miles

Frequently Asked Questions

What is the lease rate for 403 Gates Avenue?

Rental asking rate at 403 Gates Avenue is $775,000.00/YR.

What is the total square footage of 403 Gates Avenue?

403 Gates Avenue totals 5,625 square feet.

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