# 1530 Gates Avenue, Brooklyn, NY 11237

> **TL;DR:** residential multi family, $1,000,000, built 1931. Est. $4,333/mo. Listed 278 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $1,000,000 |
| Year Built | 1931 |
| Lot Size | 1,873 sqft (0.04 acres) |
| Stories | 3 |
| Property Type | Residential Multi Family (Other) |
| Status | For Sale |
| Days on Market | 278 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $4,333 |
| **Total** | **$4,333** |

## Property Highlights

- Built in 1931
- 0.04 acre lot
- 3 stories

## Description

### Agent Description
Don't miss this solid 6-family multifamily property located in the heart of Bushwick, one of Brooklyn's most dynamic and rapidly growing neighborhoods. This fully occupied building offers strong cash flow with an approximate 8% cap rate, making it an excellent addition to any investor's portfolio. Conveniently situated near shopping, dining, nightlife, and multiple subway lines, this property provides both stability and future upside in a prime location.

## Location

- **Address:** 1530 Gates Avenue, Brooklyn, NY 11237
- **County:** Kings (Brooklyn)

## Listing Agent

- **Name:** Luis F. Fernandez
- **Brokerage:** eXp Realty
- **Phone:** 9143099383
- **Email:** luis@luisfernandezteam.com

## Primary Photo

![1530 Gates Avenue - Primary Photo](http://lh.rdcpix.com/7764767055a373cab28e69fbfb03966al-f2586924879r.jpg)

*21 total photos available on [listing page](https://www.propertysimple.com/listing/1530-gates-avenue-brooklyn-ny-11237-y906151)*

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**MLS#:** 906151 | **Updated:** 2026-06-18
**Source:** listhub

*Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/1530-gates-avenue-brooklyn-ny-11237-y906151)

---

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