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22079603
22079572

405 Gates Avenue, Brooklyn, NY 11216

RS
NY NY10491213394
Capline Consolidated
Listed by Capline Consolidated
$7,250,000
462 days on market
Updated 2 days ago
Opportunity zone

405 Gates Avenue

Details
Property Type Office
Square Footage 3,750
Net Rentable (SqFt) 11,250
Tenancy Vacant
Price per SqFt $1,933
Year Built 1931
Year Renovated 2024
Stories 3
Lot Size (SqFt) 3,750
Zoning R6A, C2-4
Investment Type Owner/User

Clinton Hill/Bedford Stuyvesant Mixed Use Building | 11,250 SqFt

Marketing description

Meticulously renovated offering approximately 11,250 square feet of versatile space across three floors, plus a substantial basement, this property is ideally positioned for a variety of commercial ventures and is particularly well-suited for an owner-user seeking a prominent presence in a thriving community.

Key Features:

Historic Character with Modern Amenities: The building seamlessly blends original architectural details with contemporary upgrades, including 28-foot vaulted ceilings, oversized windows, and high-quality ceramic tile.

Accessibility and Compliance: ADA compliant, featuring a brand-new passenger elevator, multiple restrooms on each floor, and two stairwells. Advanced Infrastructure: Equipped with a new electric AC/Heating system, separate gas and electric meters for each space, supplementary gas space heaters on each floor, and provisions for ventilation.

Expansive Frontage & Enhanced Security: Approximately 130 feet of wrap-around frontage with state-of-the-art security gates.

Development Potential: Situated within an Opportunity Zone, offering significant tax advantages and potential for substantial property value appreciation. Expansion is possible via a bundle deal with the adjacent development site at 403 Gates Avenue, Brooklyn, NY 11216 (1,875 SF with 5,625 BSF), available separately.

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Listing Contacts

RS
NY NY10491213394
Capline Consolidated
Listed by Capline Consolidated

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Additional Information

Name
Robert Shiryak
License
NY10491213394
Brokerage
Capline Consolidated
Brokerage Phone
(347)-908-7623
Title
Real Estate Broker
Brokerage Address
1 Dock 72 Way
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