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$1,000,000
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Property Description
Don't miss this solid 6-family multifamily property located in the heart of Bushwick, one of Brooklyn's most dynamic and rapidly growing neighborhoods. This fully occupied building offers strong cash flow with an approximate 8% cap rate, making it an excellent addition to any investor's portfolio. Conveniently situated near shopping, dining, nightlife, and multiple subway lines, this property provides both stability and future upside in a prime location.
Full Property Details
Full Property Details for 1530 Gates Ave
General
- Price: $1,000,000
- Taxes: $9,877
- Status: Active
- Type: Commercial
- Source: Long_Island
- MLS ID: 906151
- Updated: 8/27/2025
- Added to Site: 142 day(s) ago
Location
- County: Kings (Brooklyn)
School Information
- High School District: Brooklyn
Heating & Cooling
- Cooling Type: None
- Heating Type: Baseboard, Hot Water
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Cable Available, Electricity Connected, Sewer Connected, Trash Collection Public, Water Connected
Structural Information
- Detached/Attached: Attached
- Construction: Frame
- Basement: Yes
- Basement Desc.: Unfinished
- Stories/Levels: 3
- Stories in Building: 3
- Building Size: 4125
- Square Feet: 4,125
- Year Built: 1931
Lot Features
- Lot Size (Acres): 0.043
- Lot Size (Sq. Ft.): 1,875
Financial Considerations
- Tax Amount: $9,877
- Tenant Pays: Electricity, Gas
Disclosures and Reports
- Special Conditions: None
- Property ID: 03345-0016
Listed by eXp Realty
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Schools
Schools serving 1530 Gates Ave
School District:New York City Geographic School District 32
| Name | Grades | Distance |
|---|---|---|
Ps 106 Edward Everett Hale 1328 Putnam Avenue, Brooklyn, NY 11221 | PK-5 | 0.4 mi |
Jhs 291 Roland Hayes 231 Palmetto Street, Brooklyn, NY 11221 | 6-8 | 0.3 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1530 Gates Ave
Date
Details
Price
Change
Source
8/27/2025
Listed
$1,000,000
—
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 1530 Gates Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$10,196
3%
$81,571
-81%
2024
$9,876
8%
$435,780
20%
2023
$9,146
10%
$363,150
-2%
2022
$8,313
8%
$370,350
11%
2021
$7,697
-2%
$333,900
-5%
2020
$7,826
3%
$351,000
—
2019
$7,580
14%
$351,000
524%
2017
$6,630
—
$56,277
8%
2017
$6,630
7%
$52,127
8%
2016
$6,223
—
$48,267
—
2015
$6,218
341%
$48,267
3%
2014
$1,411
-74%
$46,745
8%
2013
$5,386
—
$43,290
—
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 1530 Gates Ave
1530 Gates Avenue, Brooklyn, NY 11237 (MLS# 906151) is a Commercial property. 1530 Gates Avenue is currently listed for $1,000,000 and was received on August 27, 2025. Want to learn more about 1530 Gates Avenue? Do you have questions about finding other Commercial real estate for sale in Brooklyn? You can browse all Brooklyn real estate or contact a Coldwell Banker agent to request more information.

