315 Gates, the condominium development located at the intersection of Clinton Hill and Bedford-Stuyvesant is 100% sold out. The 72-unit development was marketed exclusively by MNS.
"315 Gates is just a phenomenal building, and our entire team is very proud to have been associated with such an ambitious and successful project," said Michael Brooks, executive VP of MNS and the project manager at 315 Gates. "To have the kind of success that we had in the midst of a down market speaks volumes about the quality of the project and the talent and commitment of our team."
Beginning with pre-development consulting and continuing until the last sale was completed, MNS worked hand-in-hand with the developers to bring 315 Gates to life.
"We've been marketing and selling new condominium developments in Brooklyn for ten years, and that experience served us well at 315 Gates," said David Behin, a consultant on the project and the president of the company's investment sales and capital advisory division. "We believed from the outset that the Clinton Hill/Bed-Stuy area had grown to a point where it was ready for a project of this caliber and that our customers would pay a premium for quality. The success of 315 Gates demonstrates that the area has become a wonderful place to live and invest for the future."
Ranging from studios to two-bedroom duplexes, all of the homes feature 10-foot ceilings, oversized windows, exquisite epicurean kitchens and sophisticated bathrooms. Added bonuses include abundant closet space, central heating and cooling, a washer/dryer hook-up and pre-wiring for Verizon FIOS. Many homes feature a private balcony or terrace.
In addition to the 72 immaculately designed homes, residents at 315 Gates have access to a furnished common rooftop terrace with panoramic views of the Manhattan skyline, cyberdoorman providing 24-hour virtual concierge service, refrigerated FreshDirect storage, a residents' lounge, a movie screening room, bike storage, onsite parking and private storage facilities.
Located on the corner of Gates and Bedford Aves. in an area blossoming with a wide variety of neighborhood amenities, including a thriving nightlife, boutique shops and quaint restaurants, 315 Gates is within walking distance of the A, C and G trains and one block from a YMCA.
Brooklyn, NY Marcus & Millichap brokered the sale of 733 Dekalb Ave., a fully free-market multifamily and retail property in the Bed-Stuy neighborhood. The asset sold for $2.8 million.
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