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Gateway Center - 550 Gateway Drive, Brooklyn, NY 11239 Property Information

Gateway Center - 550 Gateway Drive, Brooklyn, NY 11239 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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Gateway Center - 550 Gateway Drive, Brooklyn, NY 11239
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Address

Building name Gateway Center
Primary address Gateway Center - 550 Gateway Drive
Neighborhood East New York
Zip code 11239
Borough Brooklyn
Block & lot 04452-0590

Sales & Tax Overview for 550 Gateway Drive, Brooklyn

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Purchase date 06/22/2016
Purchase price $446,738
Tax class
Estimated property tax $197,070

Lot & Building Information for 550 Gateway Drive, Brooklyn

Lot sqft 66,738
Lot dimensions 388.1 ft x 256.6 ft
Building class Shopping Center with or without Parking (K6)
Building sqft 87,072
Building dimensions 388.1 ft x 256.6 ft
Buildings on lot 1
Year built 2013
Construction type
Status
Status date
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Zoning & Use for 550 Gateway Drive, Brooklyn

Zoning
Commercial units 1
Retail sqft

Area Overview

Walk Score
Transit Score
Bike Score


School district 19
Community district 5

View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.

Other Property Data for 550 Gateway Drive, Brooklyn

New York property reports include comprehensive occupancy, development and violation information. Create a free account to access valuable data points such as:

Floor area ratio (FAR) for Gateway Center - 550 Gateway Drive, Brooklyn, NY 11239, including commercial and residential FAR, FAR as built and usable floor area.
Development maps such as planimetric, zoning, urban landscape, and HPD alternative enforcement program maps.
Violations for Gateway Center - 550 Gateway Drive, Brooklyn, NY 11239, including DOB violations, ECB violations, HPD violations and 311 complaints.

About 550 Gateway Drive, Brooklyn

How many sq. ft. does Gateway Center - 550 Gateway Drive, Brooklyn, NY 11239 have & what is the price per sq. ft?

This Shopping Center with or without Parking (K6) located at Gateway Center - 550 Gateway Drive, Brooklyn, NY 11239 has a total of 87,072 square feet and a current price per square foot of $5.

What is the year built & the current market value of Gateway Center - 550 Gateway Drive, Brooklyn, NY 11239?

Gateway Center - 550 Gateway Drive, Brooklyn, NY 11239 was built in 2013 and has a current tax assessor's market value of $27,744,000.

How many commercial spaces does this building have?

This building has 1 commercial spaces available for lease.

Ownership Information for 550 Gateway Drive, Brooklyn

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Property owner name for Gateway Center - 550 Gateway Drive, Brooklyn, NY 11239
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Building contacts for Gateway Center - 550 Gateway Drive, Brooklyn, NY 11239
Building management:
Representatives (from permits):
Tenants:
Real Estate Reports:
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Past Sales & Property History for 550 Gateway Drive, Brooklyn

Create a free account to view the complete sales history for 550 Gateway Drive, Brooklyn, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Purchase date Purchase price Buyer name Seller name
06/22/2016 $446,738

Title Documents for 550 Gateway Drive, Brooklyn

To view the complete history of deeds, mortgages, assignments of leases and rents, and more, sign up for free. Available data goes back to 1966.

Date Type Amount Party 1 Party 2 Doc image
04/07/2025 - R UCC3 Assignment
(2025040700223002)
01/28/2025 - R UCC3 Termination
(2025012400167001)
11/20/2024 - D
04/16/2025 - R
Assignment, Mortgage
(2025040700255001)
11/20/2024 - D
04/07/2025 - R
Asgn of Asgn of L&R
(2025040700223001)
10/28/2024 - R Initial UCC1
(2024102800530006)
10/28/2024 - R UCC3 Termination
(2024102800530001)
10/22/2024 - D
10/28/2024 - R
Assignment of Leases and Rents
(2024102800530005)
10/22/2024 - D
10/28/2024 - R
Agreement
(2024102800530004)
10/22/2024 - D
10/28/2024 - R
Assignment, Mortgage
(2024102800530003)
10/22/2024 - D
10/28/2024 - R
Termination of Assign of L&R
(2024102800530002)
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R: Recorded date
D: Document date

Property Taxes for 550 Gateway Drive, Brooklyn

Access detailed property tax data for Gateway Center - Gateway Center - 550 Gateway Drive, Brooklyn, NY 11239. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Property tax: $182,177
Estimated property tax: $197,070
Tax assessor's market value: $27,744,000
Assessed value: $12,484,800

Assessment History for 550 Gateway Drive, Brooklyn

Here's the assessment & property tax history for 550 Gateway Drive, Brooklyn, including the evolution of the total tax rate and corresponding property tax.

Year Market value Assessed value Taxable Tax rate % Base tax Property tax Year over year change
2025/26 $27,744,000 $12,484,800 $11,539,620 10.848% $1,251,818 $190,657 +4.67%
2024/25 $27,365,000 $12,314,250 $11,709,870 10.762% $1,260,216 $182,155 +16.25%
2023/24 $27,004,000 $12,151,800 $11,823,020 10.592% $1,252,294 $156,691 -51.90%
2022/23 $26,425,000 $11,891,250 $11,858,760 10.646% $1,262,484 $325,769 +91.53%
2021/22 $22,869,000 $10,291,050 $10,291,050 10.755% $1,106,802 $170,088 -85.86%

Permits for 550 Gateway Drive, Brooklyn

The complete history of permits filed for 550 Gateway Drive, Brooklyn, including new construction or demolition permits, plus any work pertaining to plumbing, heating and sprinkler systems is available with a free account. Available data goes back to 1990.

Filing date Job type Job status Job description Initial cost
04/21/2026 Alteration CO
02/09/2026 Alteration CO
01/14/2026 Alteration CO
12/19/2025 Alteration CO
06/26/2025 No work
06/18/2025 Alteration
04/03/2025 Alteration CO
04/03/2025 Alteration CO
03/18/2025 Alteration CO
03/18/2025 Alteration CO
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Brooklyn Commercial Market Stats

Access a detailed real estate market overview of Brooklyn so you can assess current trends, property values, types of properties sold and transaction volume. View the median price per sqft in Brooklyn and compare it to other boroughs in New York City.

Median Price/Sqft Q1/2026
$426
-10.8% YoY
Median Price/Sqft Q4/2025
$493
11.7% YoY
Median Price/Sqft 2025
$492
6.6% YoY

Check out recently sold homes in Brooklyn and see how their prices compare.

Risk

FEMA flood zone(s): X (See more on map)
Hurricane evacuation zone: 2 (See more on map)

Transportation

Distance to Subway
Closest station Ashford St & Livonia Ave at SW Corner
Station lines 3
Distance (miles) 1.08
View subway map
Bus Routes
Name Erskine St /Gateway Pl
Line B13
Distance (miles) 0.157

Neighbors for 550 Gateway Drive, Brooklyn

Here are the neighbors for Gateway Center - Gateway Center - 550 Gateway Drive, Brooklyn, NY 11239.

Address Square feet Purchase date Purchase price
376 Pacific St, Brooklyn 4,775
20 Henry St, Brooklyn 59,087
185 York St, Brooklyn 21,772
233 Pacific St, Brooklyn 46,000
140 Remsen St, Brooklyn 5,114
1059 Willoughby Ave, Brooklyn 1,875 12/21/2012
590 Gateway Dr, Brooklyn 89,730 08/14/2014
42 Duffield St, Brooklyn 8,798
490 Fulton St, Brooklyn 203,663
388 Bridge St, Brooklyn 497,018
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