Back 1538 Gates Avenue
Off Market

1538 Gates Avenue

New York NY 11237

7
5
3750 sq. ft.
2500 sq. ft.
Multi-Family
Last sold for $1,660,000
Samson FongSamson Fong, last sold this property on 12 March 2026 after 0 days on market.

Overview

Mixed-Use Property in Bushwick

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.

Features

7 bedrooms
5 bathrooms
3750 sq. ft. floor area
2500 sq. ft. lot size
Multi-Family

Estimated Value

We need at least 3 similar 7 bedroom multi families sold in New York over the last 12 months.

Property history for 1538 Gates Avenue

2026
Sold
$1,660,000
12 Mar 2026 by Samson Fong, of Block & Lot Real Estate Svc

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Local market activity for 7 bedroom multi families in New York

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