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$1,500,000
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Property Description
Rarely available, this legal two-family home sits on a deep 20' x 123' lot and offers private outdoor space, a private driveway, and a versatile layout with the opportunity to update and customize the property to suit a variety of lifestyles and uses. Offering approximately 2,640 square feet of interior living space, the property features a spacious duplex unit with 4 bedrooms, 2 full bathrooms, multiple living areas, original hardwood floors, and direct access to a private backyard. The upper-level apartment consists of a separate 2-bedroom, 1-bath residence, providing flexibility for rental income or additional living space. While the home has been maintained over the years, it presents an excellent opportunity for updating and modernization, allowing a new owner to customize the property and unlock its full potential. Conveniently located near the restaurants, cafes, shopping, and neighborhood services along Myrtle Avenue, Knickerbocker Avenue, and Wyckoff Avenue, the property also offers easy access to public transportation. The Myrtle-Wyckoff station, serving the L and M subway lines, is located approximately one and a half blocks away.
Full Property Details
Full Property Details for 1471 Gates Ave
General
- Price: $1,500,000
- Taxes: $9,653
- Status: Active
- Type: Multi-Family
- Source: Long_Island
- MLS ID: 1006274
- Updated: 6/3/2026
- Added to Site: 53 day(s) ago
Interior
- Interior Features: Formal Dining
- Flooring: Hardwood
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 6
Parking
- Parking Features: Driveway, Private
Location
- County: Kings (Brooklyn)
- Cross Streets: Irving Avenue
School Information
- High School District: Brooklyn 32
- Elementary School: Ps 116 Elizabeth L Farrell
- Middle School: Jhs 291 Roland Hayes
- High School: All City Leadership Secondary Sch
Heating & Cooling
- Cooling Type: Wall/Window Unit(s)
- Heating Type: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Connected, Natural Gas Connected, Water Connected
Structural Information
- Detached/Attached: Attached
- Construction: Brick
- Basement Desc.: None
- Building Size: 2640
- Square Feet: 2,640
- Year Built: 2002
Lot Features
- Lot Size (Sq. Ft.): 2,476
Financial Considerations
- Tax Amount: $9,653
Disclosures and Reports
- Special Conditions: None
- Property ID: 03335-0147
- Block: 3335
- Lot Number: 147
Listed by MYNY Residential
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Schools
Schools serving 1471 Gates Ave
School District:New York City Geographic School District 32
| Name | Grades | Distance |
|---|---|---|
Ps 116 Elizabeth L Farrell 515 Knickerbocker Avenue, Brooklyn, NY 11237 | K-5 | 0.1 mi |
Jhs 291 Roland Hayes 231 Palmetto Street, Brooklyn, NY 11221 | 6-8 | 0.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1471 Gates Ave
Date
Details
Price
Change
Source
6/02/2026
Listed
$1,500,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1471 Gates Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$9,771
—
$377,520
676%
2025
$9,771
—
$48,646
-84%
2024
$9,771
1%
$296,220
13%
2023
$9,697
5%
$262,740
22%
2022
$9,250
-44%
$215,040
30%
2021
$16,447
133%
$166,020
20%
2020
$7,057
11%
$138,780
26%
2019
$6,369
40%
$110,340
174%
2017
$4,545
—
$40,232
6%
2017
$4,545
17%
$37,956
6%
2016
$3,876
34%
$35,808
6%
2015
$2,890
60%
$33,782
—
2014
$1,805
15%
$33,782
1%
2013
$1,575
—
$33,527
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1471 Gates Ave
1471 Gates Avenue, Brooklyn, NY 11237 (MLS# 1006274) is a Multi-Family property with 2 units containing 6 bedrooms and 3 full bathrooms. 1471 Gates Avenue is currently listed for $1,500,000 and was received on June 02, 2026. Want to learn more about 1471 Gates Avenue? Do you have questions about finding other Multi-Family real estate for sale in Brooklyn? You can browse all Brooklyn real estate or contact a Coldwell Banker agent to request more information.

