566 Gates Ave APT 1B, Brooklyn, NY, 11221
About This Home
Welcome to 566 Gates Ave #1B,a beautifully maintained residence located in the heart of Bedford-Stuyvesant, Brooklyn. This spacious home offers modern comfort, convenience, and exceptional value in one of Brooklyn's most vibrant neighborhoods. Situated in a well-maintained elevator building, this apartment features a functional layout, generous living space, and central air conditioning for year-round comfort. The building was constructed in 2007 and offers modern systems rarely found in older Brooklyn properties. The monthly HOA fee of 912 covers almost everything — including gas, water, property taxes, building insurance, and maintenance — making ownership simple and predictable. The only separate utility is electricity. Conveniently located near shopping, restaurants, parks, and public transportation, with easy access to Manhattan and other parts of Brooklyn. A perfect opportunity for both end-users and investors looking to own in a rapidly growing Brooklyn neighborhood.
Getting Around
Walker's Paradise
Very Limited Transit
Very BikeableSchools
Construction
Condition
- Property condition: Excellent
- Year built: 2007
Materials
- Construction materials: Brick
Type & Style
- Home type: Apartment
- Architectural style: Other
- Property subType: Apartment
Interior
Appliances
- Appliances included: Dishwasher,Disposal,Dryer
Basement
- Basement: None
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Features
- Pantry
Heating & Cooling
- Heating features: Natural Gas,Forced Air
- Cooling features: Central Air
Interior Area
- Total structure area: 3,820
- Total interior livable area: 3,820 sqft
Property
Details
- Attached to another structure: Yes
- Zoning: R6A
Features
- Levels: One
- Stories: 1
- Fencing: None
Lot
- Lot size: 0.32 Acres
- Lot size dimensions: 137.5*100
Parking
- Parking features: None
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Heat Wave
- Winter Weather
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Kings County and New York
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,452 | $29,424 |
| Home Insurance * | $166 | $1,992 |
| Property Taxes | $226 | $2,712 |
| Electricity | $631 | $7,575 |
| Total | $3,475 | $41,700 |
Income You'd Need if You Spent...
New York FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-06 | Listed for sale | $485,000 |
| 2026-02-26 | Listing removed | $499,000 |
| 2026-01-01 | Price change | $499,000 |
| 2025-12-15 | Listed for sale | $549,000 |
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