


1490 Gates Avenue, Brooklyn, NY, 11237
About This Home
Priced to sell, two family home located in one of the most vibrant neighborhood, Bushwick,Brooklyn NY. This home presents an excellent opportunity for homeowners,investors, or anyone looking to add value through renovations.Great opportunity to customize and renovate to your taste.Ideal for owner-occupants or investors.Conveniently located near public transportation,shopping,restaurants,schools,and major roadways.This property requires some TLC but offers tremendous upside for right buyer.With solid bones and desirable location,it's the perfect chance to create equity and maximize value.Don't miss the opportunity to own a multifamily property in one of Brooklyn's most sought after neighborhoods.Whether you're looking to live in one unit and rent the other or expand your investment portfolio,this property is full of potential.
Getting Around
Schools
Construction
Condition
- Year built: 1924
Materials
- Construction materials: Brick
Type & Style
- Home type: MobileManufactured
- Property subType: Manufactured Home,Residential
Interior
Appliances
- Appliances included: ENERGY STAR Qualified Appliances,Gas Oven,Oven,Refrigerator,Gas Water Heater
Basement
- Has basement: Yes
- Basement: Full
Bedrooms & Bathrooms
- Bedrooms: 5
- Bathrooms: 2
- Full bathrooms: 2
Features
- First Floor Bedroom,First Floor Full Bath
- Attic: None
Heating & Cooling
- Heating features: Oil
- Cooling features: Wall/Window Unit(s)
Interior Area
- Total structure area: 1,840
- Total interior livable area: 1,840 sqft
Property
Details
- Parcel number: 033440127
- Attached to another structure: Yes
- Special condition: None
Lot
- Lot size: 1,000 sqft
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
- Cold Wave
- Earthquake
- Inland Flooding
- Strong Wind
- 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 | $4,550 | $54,600 |
| Home Insurance * | $189 | $2,268 |
| Property Taxes | $420 | $5,040 |
| Electricity | $304 | $3,648 |
| Total | $5,463 | $65,556 |
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)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-27 | Listed for sale | $900,000 |
| 2024-07-15 | Listing removed | -- |
| 2024-07-12 | Listed for rent | $3,600 |
| 2015-07-07 | Sold | $431,000 |
| 2013-02-18 | Listing removed | $1,400 |
| 2013-01-19 | Listed for rent | $1,400 |
| 2012-04-21 | Listing removed | $2,300 |
| 2012-02-21 | Listed for rent | $2,300 |
| 2008-05-16 | Listing removed | $449,000 |
| 2008-04-26 | Listed for sale | $449,000 |
| 2008-01-18 | Listing removed | $449,000 |
| 2007-11-14 | Listed for sale | $449,000 |
