102 Gates Avenue

Clinton Hill, Cool Listings

102 gates avenue renovated, renovated clinton hill townhouse, renovated historic home, brooklyn historic home, renovated brooklyn home

About a month ago we reported on the renovation of a Clinton Hill townhouse underway. Now it looks like the home has gotten its final wash of paint and the owners have put their pad on the market for cool $3.35 million. This fancy flip returns after having undergone quite a bit of work—and it’s been bumped up from its $1.555 million closing price last winter (it was originally listed at $1.295 million). New bells and whistles include energy efficient boilers, two refurbished wood burning fireplaces, and a custom neo-angle chefs kitchen.

Look inside the updated digs here

Brooklyn, Clinton Hill, Historic Homes, real estate trends

102 Gates, Brownstone, Townhouse, Renovation, Flip, Clinton Hill, Brooklyn, Real estate

In January of 2013, in the dead of winter, an 1899 detail-laden Italianate townhouse fixer-upper at 102 Gates Avenue hit an inventory-starved rising market. The listing price of $1.295 million, was a double-take for many, even though it was less than what properties like it were selling for in the area.

Fast forward to September 2014, where renovations, which commenced almost immediately after the sale, are nearing completion (and according to reports, they’ve been done right). Word is that the house is about to head back to the market—at more than twice its winter selling price.

Find out why 375 people waited in the cold for the first open house

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