New York City » 11221 » Gates Ave » 1061 Gates Ave

1061 Gates Avenue, Brooklyn, NY 11221 - Property report

Also known as: 1348 Broadway

Property image for 1061 Gates Avenue, Brooklyn, NY 11221

Property type

Primarily Three Family with One Store or Office (S3)

Year built

2006

Lot sq. ft.

2,142

Sale price

$1,200,000

General information

Address

Primary address

1061 Gates Avenue

Alternate address(es)

1348 Broadway

ZIP code

11221

Neighborhood

Bedford-Stuyvesant

Borough

Brooklyn

Block & lot

01479-0018

Building

Property type

Primarily Three Family with One Store or Office (S3)

Building sq. ft.

4,842

Building dimensions

20 ft x 115 ft

Buildings on lot

Stories

Year built

2006

Building material

Sales

Sale date

12/14/2011

Sale price

$1,200,000 - M

Tax

Tax year

2026-2027

Property tax

$28,152

Tax class

Floor area ratio (FAR)

Commercial FAR

Residential FAR

Buildable area

Zoning & Use

Zoning

Qualified opportunity zone

Residential units

Residential sq. ft.

Office sq. ft.

Retail sq. ft.

Lot

Lot dimensions

20 ft x 115 ft

Lot sq. ft.

2,142

Area overview

Walk score

93 /100. Walker's Paradise

Transit score

92 /100. Rider's Paradise

Bike score

72 /100. Very Bikeable

School district

Community district

Closest police station

0.07 Miles

Closest fire station

0.61 Miles

View more such as transportation, nearby schools and risk designations.

Ownership

Ownership information for 1061 Gates Avenue, Brooklyn, NY

Unlock full ownership info — get contact details, including phone numbers and emails for owners and the real people behind LLCs.

Property owner name

Registered owner

Source

Deed

Owner contact information

Phone number

Owner address

Documents

Sales history for 1061 Gates Avenue, Brooklyn, NY 11221

Sale date	Sale price	Buyer name	Seller name
12/14/2011	$1,200,000	XXXX - XXXX XXXXXXXX, XXXX	XXXX & XXXX XXXXX XXXXXX XXX

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
12/23/2022 - R	UCC3 Continuation (2022122200117001)	XXXXXXXX XXXXXXXX XXXX	XXXXXXXX XXXX
12/14/2017 - R	UCC3 Continuation (2017120800127001)	XXXXXXXX XXXXXXXX XXXX	XXXXXXXX XXXX
04/24/2013 - R	Initial UCC1 (2013041800367002)	XXXXXXXX XXXXXXXX XXXX	XXXXXXXX XXXX
04/24/2013 - R	UCC3 Termination (2013041800367001)	XXXXXXXX XXXXXXXX XXXX	XXXXXXXX XXXXXXX XXXXXXXXXXX
05/02/2013 - R 04/16/2013 - D	Termination of Assign of L&R (2013041800282005)	XXXXXXXX XXXXXXX XXXXXXXXXXX	XXXXXXXX XXXXXXXX XXXX
05/02/2013 - R 04/16/2013 - D	Assignment of Leases and Rents (2013041800282004)	XXXXXXXX XXXXXXXX XXXX	XXXXXXXX XXXX
05/02/2013 - R 04/16/2013 - D	Agreement (2013041800282003)	XXXXXXXX XXXXXXXX XXXX	XXXXXXXX XXXX
05/02/2013 - R 04/16/2013 - D	Mortgage (2013041800282002)	XXXXXXXX XXXXXXXX XXXX	XXXXXXXX XXXX
05/02/2013 - R 04/16/2013 - D	Assignment, Mortgage (2013041800282001)	XXXXXXXX XXXXXXX XXXXXXXXXXX	XXXXXXXX XXXX
01/20/2012 - R	Initial UCC1 (2011122901161001)	XXXXXXXX XXXXXXXX XXX X	XXXXXXXX XXXXXXX XXXXXXXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 1061 Gates Avenue, Brooklyn, NY

Property tax data includes tax amount, market value and assessed value, exemptions, abatements and assessment history.

Current property tax

Tax year

2025-2026

Property tax

$28,152

Municipal exemptions

Recent tax assessments

Market value

$1,224,000

Assessed value

$550,800

More about New York City property taxes

Assessment history

See the assessment and property tax history, including the evolution of the total tax rate and corresponding property tax amount.

Tax year	Market value	Assessed value	Taxable amount	Tax rate	Base tax	Property tax	Y-o-Y change
2025/26	$1,020,000	$459,000	$209,560	12.439%	$26,067	$26,067	-0.49%
2024/25	$1,087,000	$489,150	$209,560	12.5%	$26,195	$26,195	+3.18%
2023/24	$1,008,000	$453,600	$203,063	12.502%	$25,387	$25,387	+10.07%
2022/23	$1,019,000	$458,550	$188,022	12.267%	$23,065	$23,065	+8.28%
2021/22	$841,500	$378,675	$174,095	12.235%	$21,301	$21,301	+7.72%
2020/21	$817,000	$367,650	$161,200	12.267%	$19,774	$19,774	-1.65%
2019/20	$681,000	$306,450	$161,200	12.473%	$20,106	$20,106	+2.06%
2018/19	$648,000	$291,600	$156,202	12.612%	$19,700	$19,700	+7.09%
2017/18	$595,000	$267,750	$144,632	12.719%	$18,396	$18,396	+6.55%
2016/17	$558,000	$251,100	$133,919	12.892%	$17,265	$17,265	+8.07%

Permits

Permit information for 1061 Gates Avenue, Brooklyn, NY

Filing date	Job type	Job status	Job description	Initial cost
08/21/2018	Alteration
08/05/2013	Alteration type 2
03/19/2009	Alteration type 3
04/13/2007	Alteration type 2
08/04/2006	Alteration type 3

*Most recent permits on record for this property.

More about New York City property records

Violations

DOB Violations

Violation ID	Issue date	Type	Status
	06/19/2013	Aeuhaz1-fail to certify class 1

*Most recent DOB violation on record for this property.

Listings

Neighborhood

Brooklyn commercial market stats

Review a detailed real estate market overview of Brooklyn and assess current trends, property values, property types sold and transaction volumes. View the median price per square foot in Brooklyn and compare it to other New York City boroughs.

Q2 2026 median price/sq. ft.

$533

1.5% Y-o-Y

Q1 2026 median price/sq. ft.

$471

-8.9% Y-o-Y

2025 median price/sq. ft.

$523

5.2% Y-o-Y

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

Risk

Create a free account to unlock expanded risk information, such as crime incidents in the area, tsunami and landslides risks, or its location relative to FEMA flood zones and the Coastal Barriers Resources System Area (COBRA).

FEMA flood zones

FEMA flood zones

Hurricane evacuation zones

Subway & traffic

Closest station

Linden St & Broadway at SW Corner

Station lines

J-Z

Distance (miles)

0.031

View subway map

Access the detailed traffic volume map for 1061 Gates Avenue, Brooklyn, NY 11221 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity. View daily traffic map

Neighbors for 1061 Gates Avenue, Brooklyn, NY

1010 Gates Ave, Brooklyn 890 Quincy St, Brooklyn 815 Monroe St, Brooklyn 1008 Gates Ave, Brooklyn 1063 Gates Ave, Brooklyn 1004 Gates Ave, Brooklyn 886 Quincy St, Brooklyn 1354 Broadway, Brooklyn 827 Monroe St, Brooklyn 880 Quincy St, Brooklyn 847 Quincy St, Brooklyn 1356 Broadway, Brooklyn 1346 Broadway, Brooklyn 1338 Broadway, Brooklyn 1320 Broadway, Brooklyn 1336 Broadway, Brooklyn 992 Gates Ave, Brooklyn 894 Quincy St, Brooklyn 849 Quincy St, Brooklyn

Frequently asked questions

What is the year built for 1061 Gates Avenue, Brooklyn, NY 11221?

The development at 1061 Gates Avenue, Brooklyn, NY 11221 was built in 2006.

What is the market value of 1061 Gates Avenue, Brooklyn, NY 11221?

The current market value of 1061 Gates Avenue, Brooklyn, NY 11221 is $1,224,000.

What is the total square footage of 1061 Gates Avenue, Brooklyn, NY 11221?

1061 Gates Avenue, Brooklyn, NY 11221 has a total of 4,842 square feet.

What is the price per square foot for this property?

$247 per square foot is the price for 1061 Gates Avenue, Brooklyn, NY 11221.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 1.

Disclaimer

All data comes from government sources. No attempt has been made to validate it. No attempt has been made to validate the accuracy of the programming of this website.

Do not rely on this report to support investment decisions. The only authoritative source for the information in this report is the government agencies from which the data was acquired.