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$1,660,000

1538 Gates Avenue
Brooklyn, NY 11237

Multi Family|Sold 03/12/2026
0
Beds
0
Total Baths
3,750
SqFt
$443
/SqFt
1931
Built
County:
Kings (Brooklyn)
Listing courtesy of Block & Lot Services Inc findnychome@gmail.com
Listing courtesy of Block & Lot Services Inc findnychome@gmail.com
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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 composed 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.

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Listing Snapshot
Bedrooms 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Inside Area (SqFt) 
3,750 sqft
Lot Size 
2,500 Acres
Year Built 
1931
MLS® Number 
942464
Status 
Sold
Property Tax 
$10,147
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
3 weeks agoListing updated with changes from the MLS®
General Features
Cross Street 
Myrtle Ave
Number Of Stories 
3
Parking 
No GarageNone
Property Sub Type 
Multi Family
Security 
Fire Escape
Sewer 
Public Sewer
SqFt Total 
3750
Utilities 
Natural Gas AvailableElectricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected
Water Source 
Public
Interior Features
Basement 
Storage SpaceUnfinished
Cooling 
Wall/Window Unit(s)
Heating 
BaseboardHot WaterNatural Gas
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Exterior Features
Construction Details 
Other
Lot Features 
Back YardNear Public Transit
Community Features
School District 
Brooklyn 32
Schools
School District
Brooklyn 32
Elementary School
Ps 106 Edward Everett Hale
Middle School
Jhs 291 Roland Hayes
High School
Unknown
Listing courtesy of Block & Lot Services Inc findnychome@gmail.com


Based on information submitted to the MLS GRID as of 2026-04-02 07:58 AM EDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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