Active For Sale Good Condition
929 GATES Avenue, New York City, NY 11221
929 GATES Avenue, New York City, NY 11221
  • $1,329,000

Description

Opportunity Awaits at 929 Gates Avenue
Two-Family Townhouse with Parking; Incredible Potential in Prime Brooklyn
Bring your vision and creativity to this spacious two-family townhouse at 929 Gates Avenue, ideally located in the heart of Bedford-Stuyvesant, Brooklyn. With a flexible layout, and a generous footprint, plus 3120 of FAR, this property is perfect for homeowners or investors seeking a home that requires mostly cosmetic updates with strong income-producing potential.
Spread across three levels, the home features 5 bedrooms and 3 bathrooms, currently configured as a 3-bedroom, 2-bathroom owner’s duplex with a 2-bedroom rental unit above-ideal for generating income, hosting guests, or converting into a spacious single-family residence.
Owner’s Duplex
The duplex offers a classic, functional layout. On the main level, you’ll find:

  • A bright living room
  • Full bathroom
  • Laundry room
  • A large open concept eat-in kitchen and dining room with direct access to the private backyard

The backyard-complete with deck and shed-is a peaceful retreat complete with mature shrubs.
Upstairs, the duplex continues with three generously sized bedrooms and a second full bathroom. With light cosmetic updates, this level offers great potential for a serene and modern living space. 
Top-Floor Rental Unit
The top-floor 2-bedroom apartment has its own private entrance via exterior stairs. Recently painted with brand new carpet, the unit includes:

  • Full bathroom
  • Washer/dryer hookup
  • Separate hot water heater
  • Open-concept living, dining, and kitchen area

It’s a move-in ready rental unit that can generate immediate income-with or without additional upgrades.
Key Features

  • Private, gated driveway with room for 2 cars
  • Flexible two-family layout
  • Backyard with mature plants, deck, shed and entertaining space

Prime Bed-Stuy Location
Located just two blocks from the J train at Gates Avenue, with easy access to the A/C trains at Utica Avenue and the B52 bus right outside, this home offers convenient connectivity across Brooklyn and Manhattan.
Enjoy beloved neighborhood favorites:

  • Chez Oscar,  Trad Room and dar525 for dining
  • Saraghina for artisanal pizza
  • Marian’s for cocktails
  • Passionfruit for coffee and pastries 

Whether you’re looking to create your forever home or invest in a property with strong rental upside and low taxes, 929 Gates Avenue offers space, flexibility, and prime location-a rare opportunity in one of Brooklyn’s most sought-after neighborhoods.

  • Address 929 GATES Avenue
  • City New York City
  • Zip/Postal Code 11221
  • Area Stuyvesant Heights

Details

Updated on September 8, 2025 at 4:33 pm
  • Property ID: RLS20046267
  • Price: $1,329,000
  • Property Size: 2880 Sqft
  • Bedrooms: 5
  • Rooms: 9
  • Bathrooms: 3
  • Year Built: 1995
  • Property Type: Multi Family, Residential
  • Property Status: Active, For Sale

Additional details

  • County: Kings
  • Property Type: Residential

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