1471 Gates Ave, Brooklyn, NY, 11237
About This Home
Rarely available, this legal two-family home sits on a deep 20' x 123' lot and offers private outdoor space, a private driveway, and a versatile layout with the opportunity to update and customize the property to suit a variety of lifestyles and uses. Offering approximately 2,640 square feet of interior living space, the property features a spacious duplex unit with 4 bedrooms, 2 full bathrooms, multiple living areas, original hardwood floors, and direct access to a private backyard. The upper-level apartment consists of a separate 2-bedroom, 1-bath residence, providing flexibility for rental income or additional living space. While the home has been maintained over the years, it presents an excellent opportunity for updating and modernization, allowing a new owner to customize the property and unlock its full potential. Conveniently located near the restaurants, cafes, shopping, and neighborhood services along Myrtle Avenue, Knickerbocker Avenue, and Wyckoff Avenue, the property also offers easy access to public transportation. The Myrtle-Wyckoff station, serving the L and M subway lines, is located approximately one and a half blocks away.
Getting Around
Walker's Paradise
Very Limited Transit
Biker's ParadiseSchools
Construction
Condition
- Year built: 2002
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Appliances
- Laundry features: Inside
Bedrooms & Bathrooms
- Bedrooms: 6
- Bathrooms: 3
- Full bathrooms: 3
Features
- Flooring: Hardwood
Interior Area
- Total structure area: 2,640
- Total interior livable area: 2,640 sqft
Property
Details
- Parcel number: 033350147
- Special condition: Resale
Features
- Patio & porch: Other
- Exterior features: Courtyard,Garden
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 | $7,584 | $91,008 |
| Home Insurance * | $315 | $3,780 |
| Property Taxes | $2,749 | $32,988 |
| Electricity | $436 | $5,235 |
| Total | $11,084 | $133,008 |
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 |
|---|---|---|
| 2026-08-11 | Price change | $1,435,000 |
| 2026-06-02 | Listed for sale | $1,500,000 |
| 2017-04-21 | Listing removed | $1,025,000 |
| 2017-03-13 | Price change | $1,025,000 |
| 2017-01-16 | Listed for sale | $1,075,000 |
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