NY
Kings (Brooklyn)
Brooklyn
11237
1538 Gates Avenue
1538 Gates Avenue, Brooklyn, NY 11237
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Listing Type
Commercial/Industrial
Listing Status
Active
23
$1,599,000

Home Details for 1538 Gates Avenue

Price
$1,599,000
Type
Commercial Sale
Bedrooms
0
Bathrooms
Square feet
NaN
Year built
1931
County
Kings (Brooklyn)
Garage
Basement
Storage Space, Unfinished
Days on site
1
MLS Listing#
942464
Property Description

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 comprised 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.

Property Features
  • Utilities
    • Natural Gas Available
    • Electricity Connected
    • Natural Gas Connected
    • Sewer Connected
    • Water Connected
  • Heating Information
    • Baseboard
    • Hot Water
    • Natural Gas
  • Parking
    • No Garage
    • None
  • Basement
    • Storage Space
    • Unfinished
  • Cooling Information
    • Wall/Window Unit(s)
  • Water Features
    • Public
School Information
School Information for 1538 Gates Avenue, Brooklyn, NY 11237
Elementary School
Ps 106 Edward Everett Hale
Middle School
Jhs 291 Roland Hayes
High School
N/A
Listing Courtesy: Block & Lot Services Inc - 718-762-2288
Presented by: Samson Fong
The data relating to real estate for sale on this website comes in part from the Internet Data exchange of OneKey MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright ©2025 OneKey MLS. All Rights Reserved
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Median Listing Price
Median Days on Site
Median Square Feet
Market statistics compiled from data from OneKey MLS.
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53 Hill St., Southampton, NY 11968
Rich Norrby
License #: 10401340155
Sales Representative
Office
631 343 8700
Agent
631 871 8762
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