About This Home

This 0-bedroom, 0-bathroom commercial at 405 Gates Avenue in Brooklyn, NY is listed for $7,250,000. Built in 1931, on a 0.09 acres lot.

Key Features

  • Built in 1931
  • 0.09 acre lot
  • 3 stories

Property Details

3 stories
1931

Amenities

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Listing Description

Meticulously renovated historic building in the rapidly developing Bedford-Stuyvesant/Clinton Hill neighborhood. 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.

Suitable for a wide range of commercial applications, including medical offices, urgent care facilities, daycare/senior care centers, fitness centers, spas, restaurants, retail establishments, educational facilities, and more. 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.

ADA compliant, featuring a brand-new passenger elevator, multiple restrooms on each floor, and two stairwells. 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.

State-of-the-art security gates. Expansive Frontage: Approximately 130 feet of wrap-around frontage. 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. Proximity to the Bedford-Nostrand Avenue subway station, Brooklyn Botanic Garden, Brooklyn Children's Museum, and numerous other amenities including parks, educational institutions, and fitness centers.

Monthly Cost Estimate

$38,775/mo

20% down · 6.5% · 30 years

Principal$5,243
Interest$31,417
Insurance$2,115

Estimates only. Actual payments may vary.

Location

405 Gates Avenue

Brooklyn, NY 11216

Bedford-Stuyvesant

Property Details

Construction

Brick

Views

City

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 405 Gates Avenue is listed at $7,250,000. The estimated monthly payment is $38,775 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1931, 0.09 acre lot, 3 stories.

This property is listed by Robert Shiryak.

RS

Robert Shiryak

Agent at CAPLINE CONSOLIDATED LLC

Listed by CAPLINE CONSOLIDATED LLC

MLS# 11440801· Source: My State MLS· 283 days on PropertySimple

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

405 Gates Avenue, Brooklyn, NY 11216

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