SP Capital Group is pleased to present 476 Gates Avenue, a fully occupied 7-unit free-market multifamily building located in the Bedford-Stuyvesant section of Brooklyn.
The property is a 5-story walk-up totaling approximately 4,870 SF on a 20’ x 80’ lot. The unit mix consists of 1 studio, 4 one-bedroom apartments, and 2 four-bedroom / two-bath apartments. All 7 units are free market, providing investors with flexibility and long-term rental upside.
Located near Gates Avenue and Marcy Avenue, the property is surrounded by restaurants, retail, schools, parks and neighborhood amenities, with convenient access to Fulton Street and the A and C subway lines.
Highlights include:
7 free-market residential units
Fully occupied
Approximately 4,870 SF building
1 studio, 4 one-bedrooms and 2 four-bedroom / two-bath units
Strong in-place income
R6A zoning
Bedford-Stuyvesant location
Asking Price: $4,100,000