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292 Gates Ave is a brand-new, ground-up home nestled on a charming tree-lined block in Bed-Stuy. Spanning 4, 500 square feet over four levels, plus a penthouse and a spacious recreation room, this exceptional residence boasts 6 bedrooms, 4 full bathrooms, and 3 half bathrooms.
As you enter, a beautifully tiled and wallpapered foyer welcomes you, offering a grand double-door entry that separates the home''s interior from city life. The parlor level unfolds into a spacious living room, complete with high hats and wall sconces offering lighting for whatever mood you are in. A stylish powder room and an oversized coat closet separate the space as you enter the kitchen, with jaw-dropping South East facing full wall of windows and massive sliding glass doors. The impeccably designed chef''s kitchen showcases Calacatta marble countertops and backsplash, a 42-inch Sub-Zero French door refrigerator and freezer, a 42-inch Bertazzoni electric oven, a large wine cooler, a paneled Bosch dishwasher, pot filler above the stove, built in trash drawer, and a bar area with microwave and secondary sink that can be tucked away from sight.
The second floor is home to the luxurious primary suite, featuring a triple king-sized bedroom with a private South East facing terrace, two expansive walk-in closets with custom built-ins, and a spa-like en-suite bathroom. This retreat includes a steam shower with dual showerheads, a deep soaking tub, a double vanity, a private water closet, and a built-out linen closet with cloth lined hamper.
On the third floor, you''ll find three additional bedrooms and two full bathrooms. The rear-facing bedroom enjoys its own en-suite bath and generous closet that has been built out, while the two front-facing bedrooms share a full bathroom. A dedicated laundry room adds convenience to this level with side by side washer & dryer.
At the penthouse level, a spacious entertainment lounge opens onto both front and rear terraces for hosting gatherings with views of the Empire State Building. A wet bar with a mini-fridge, ice maker, and sink, along with a stylish powder room, elevates this space for rooftop entertaining.
The owner''s unit enjoys seamless interior access to the fully finished basement, which includes an additional half bathroom, providing versatile space for a home gym, media room, or office.
Completing this exceptional home is a garden-level two-bedroom, one-bath rental unit, offering a fantastic opportunity to offset your mortgage while maintaining privacy.
Sonos speakers have been built in and are ready for your favorite playlist. Connect right to them from inside your home or remotely while you are away. Why would you want to do that? Who knows! But you CAN, is the point. Central heat and air- obviously- and all the closets have been built out.
This home was just erected in 2024. Built from the ground up, with solid concrete slabs between each floor providing sound insulation that an older townhome can never compete with. Everything is BRAND new here at 292 Gates- ready for the next chapter of your life!!!
292 Gates Avenue is surrounded by a mix of trendy cafes, acclaimed restaurants, and boutique shops. Nearby hotspots include Laconda Vini i Olli, Speedy Romeo, Place De Fetes, and Commune Cafe offering a rich dining scene. Cultural attractions like the Brooklyn Museum and Barclays Center are just a short trip away. For effortless commuting, the home is conveniently located by the A and C trains at Nostrand Avenue and the G at Bedford Lafayette as well as multiple bus lines, ensuring easy access to Downtown Brooklyn and Manhattan.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
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Our Executive Mortgage Banker:
Our Insurance Division:
$4,495,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.DeFlorio@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $3,596,000 | $3,596,000 | $3,596,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.625% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.614% | 6.739% | 6.183% |
Monthly Tax Payment | $995 | $995 | $995 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $20,418 | $23,026 | $30,345 |
Total Monthly Payment | $21,538 | $24,146 | $31,465 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.