Kings » 11221 » Gates Ave » 1024 Gates Ave

1024 Gates Avenue, Brooklyn, NY 11221 - Property report

Also known as: 1024 Gates Ave

Property image for 1024 Gates Avenue, Brooklyn, NY 11221

Property type

Elevator Apartment - Semi-fireproof without Stores (D1)

Year built

1922

Lot sq. ft.

8,000

Sale price

$1,900,000

General information

Address

Primary address

1024 Gates Avenue

ZIP code

11221

Neighborhood

Bedford-Stuyvesant

Borough

Brooklyn

Block & lot

01480-0023

Building

Property type

Elevator Apartment - Semi-fireproof without Stores (D1)

Building sq. ft.

35,009

Building dimensions

72 ft x 68 ft

Buildings on lot

Stories

Year built

1922

Last altered

2013

Building material

Sales

Sale date

05/10/2012

Sale price

$1,900,000 - M

Tax

Tax year

2026-2027

Property tax

$21,992

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

80 ft x 100 ft

Lot sq. ft.

8,000

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

0.63 Miles

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

Ownership

Ownership information for 1024 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 1024 Gates Avenue, Brooklyn, NY 11221

Sale date	Sale price	Buyer name	Seller name
05/10/2012	$1,900,000	XXXX XXXXX XXX	XXX XXXX XXXXXXXXX XXXX
10/31/2003	$5,137,400	XXX XXXX XXXXXXXXX XXXXXX X	XXXXXX XXXXXXX XX X

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
07/21/2015 - R 03/24/2014 - D	Assignment, Mortgage (2015071600028001)	XXXX XXXXX XXXXXXXX XXX	XXX XXXXXXX XXX
03/19/2013 - R 03/13/2013 - D	Zoning Lot Description (2013031400788002)	XXXX XXXXX XXX
03/19/2013 - R 03/13/2013 - D	Certificate (2013031400788001)	XXXXX XXXXXXXX XXXX
05/30/2012 - R 05/10/2012 - D	Assignment of Leases and Rents (2012051600359003)	XXXX XXXXX XXX	XXXX XXXXX XXXXXXXX XXX
05/30/2012 - R 05/10/2012 - D	Mortgage (2012051600359002)	XXXX XXXXX XXX	XXXX XXXXX XXXXXXXX XXX
05/30/2012 - R 05/10/2012 - D	Deed (2012051600359001)	XXX XXXX XXXXXXXXX XXXX	XXXX XXXXX XXX
01/05/2006 - R 10/31/2003 - D	NYC Real Property Transfer Tax (2005122802186001)	XXXXXX XXXXXXX XXX	XXX XXXX XXXXXXXXX XXXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 1024 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

$21,992

Municipal exemptions

Recent tax assessments

Market value

$6,743,000

Assessed value

$3,034,350

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	$6,016,000	$2,707,200	$176,795	12.439%	$263,947	$21,992	-0.49%
2024/25	$5,213,000	$2,345,850	$176,795	12.5%	$243,113	$22,099	-0.02%
2023/24	$4,458,000	$2,006,100	$176,795	12.502%	$228,445	$22,103	+1.92%
2022/23	$4,263,000	$1,918,350	$176,795	12.267%	$214,535	$21,687	+0.26%
2021/22	$3,627,000	$1,632,150	$176,795	12.235%	$199,694	$21,631	-0.26%
2020/21	$4,049,000	$1,822,050	$176,795	12.267%	$205,018	$21,687	-1.65%
2019/20	$3,906,000	$1,757,700	$176,795	12.473%	$197,751	$22,052	-1.10%
2018/19	$3,587,000	$1,614,150	$176,795	12.612%	$190,750	$22,297	-87.96%
2017/18	$3,514,000	$1,581,300	$1,455,788	12.719%	$185,162	$185,162	+45.28%
2016/17	$2,576,000	$1,159,200	$988,642	12.892%	$127,456	$127,456	+134.12%

Permits

Permit information for 1024 Gates Avenue, Brooklyn, NY

Filing date	Job type	Job status	Job description	Initial cost
06/26/2019	Alteration type 2
05/12/2015	Alteration type 2
05/12/2015	Alteration type 2
05/05/2015	Alteration type 3
07/08/2014	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
	08/27/2020	E-elevator elevatorrequired
	09/15/2017	Evcat1-elevator annual inspection / test
	07/10/2017	E-elevator

*Most recent DOB violations 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)

0.065

View subway map

Access the detailed traffic volume map for 1024 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 1024 Gates Avenue, Brooklyn, NY

1372 Broadway, Brooklyn 1380 Broadway, Brooklyn 1014 Gates Ave, Brooklyn 1010 Gates Ave, Brooklyn 815 Madison St, Brooklyn 815 Monroe St, Brooklyn 61 Ralph Ave, Brooklyn 1008 Gates Ave, Brooklyn 63 Ralph Ave, Brooklyn 59 Ralph Ave, Brooklyn 1004 Gates Ave, Brooklyn 65 Ralph Ave, Brooklyn 827 Monroe St, Brooklyn 1354 Broadway, Brooklyn 1366 Broadway, Brooklyn 1376 Broadway, Brooklyn 1356 Broadway, Brooklyn 855 Monroe St, Brooklyn 992 Gates Ave, Brooklyn

Frequently asked questions

What is the year built for 1024 Gates Avenue, Brooklyn, NY 11221?

The development at 1024 Gates Avenue, Brooklyn, NY 11221 was built in 1922.

What is the total square footage of 1024 Gates Avenue, Brooklyn, NY 11221?

1024 Gates Avenue, Brooklyn, NY 11221 has a total of 35,009 square feet.

When was 1024 Gates Avenue, Brooklyn, NY 11221 last sold and what was the sale price?

1024 Gates Avenue, Brooklyn, NY 11221 was last sold on 05/10/2012 for $1,900,000.

What is the assessed value of 1024 Gates Avenue, Brooklyn, NY 11221?

1024 Gates Avenue, Brooklyn, NY 11221 is currently assessed at $3,034,350.

What are the property taxes for 1024 Gates Avenue, Brooklyn, NY 11221?

The property taxes for 1024 Gates Avenue, Brooklyn, NY 11221 total $21,991.

How many residential units does this building have?

This building has 49 residential unit(s).

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.