New York City  »  11221  »  Gates Ave  »  940 Gates Ave

940 Gates Avenue, Brooklyn, NY 11221 - Property report

Also known as: 920-956 Gates Ave

Property image for 940 Gates Avenue, Brooklyn, NY 11221
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Property type

Elevator Apartment - Semi-fireproof without Stores (D1)

Year built

1975

Lot sq. ft.

49,400

Sale price

$6,796,852

General information

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Access up-to-date information from property owner names to sales history, deeds, tax info, mortgages, development data, planimetric maps and more.

Address
Primary address
940 Gates Avenue
Alternate address(es)
920-956 Gates Ave
99 Patchen Ave
ZIP code
11221
Neighborhood
Bedford-Stuyvesant
Borough
Brooklyn
Block & lot
01638-0006

Owner

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Building
Property type
Elevator Apartment - Semi-fireproof without Stores (D1)
Building sq. ft.
106,804
Building dimensions
330 ft x 100 ft
Buildings on lot
1
Stories
6
Year built
1975
Building material
Sales
Sale date
04/05/2012
Sale price
$6,796,852
Tax
Tax year
2026-2027
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
104
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
100 ft x 494 ft
Lot sq. ft.
49,400

Area overview

Walk score
92 /100.  Walker's Paradise
Transit score
92 /100.  Rider's Paradise
Bike score
69 /100.  Bikeable
School district
16
Community district
3
Closest police station
0.04 Miles
Closest fire station
0.53 Miles

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

Ownership

Ownership information for 940 Gates Avenue, Brooklyn, NY

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Property owner name
Registered owner
Source
Deed
Owner contact information
Phone number
Owner address
Documents

Sales history for 940 Gates Avenue, Brooklyn, NY 11221

Sale date Sale price Buyer name Seller name
04/05/2012 $6,796,852 XXX-XXX XXXXX XXXXXXX XXXXXXXXXXX XXXX XXXXXXXXXXX XXXX XXXXXXX XXXXXXXXXXXX XXXX XXXXXXXXXXX
07/14/2005 $1,658,149 XXX XXXXXXXXX XX XXXXXXX XXX XXXXX XXXXXXXXXXX XXXXX-XXXXXXX XXXXXXX XXXXXXXXXXX XXXX XXXXXXX, XX

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
11/20/2025 - R UCC3 Continuation
(2025111701075001)		 XXXXXX XXXXX XXX XXXX XX X X X XXXXX XXXXXX XXXX XXX XXXXX XX
02/20/2024 - R Initial UCC1
(2024021600793001)		 XXXXXX XXXXX XXX XXX XXXX XX XXX XXXX XXXXXXX XXXXXXXXXXX XXXXXXXX
02/05/2021 - R UCC3 Continuation
(2021020200885001)		 XXXXXX XXXXX XXX XXXX XX X XX
11/28/2018 - R Initial UCC1
(2018112601229001)		 XXXXXX XXXXX XXX XXX XXXX XX XXX XXXX XXXXXXX XXXXXXXXXXX XXXXXXXX
03/24/2016 - R Initial UCC1
(2016032200525001)		 XXXXXX XXXXX XXX XXXX XX X X X XXXXX XXXXXX XXXX XXX XXXXX XXX
05/07/2012 - R UCC3 Assignment
(2012050200626001)		 XXXXXX XXXXX XXXXXXX XXXXXXXXXXX XXXX XXXXXXXXXXX XXX XXXXXXXXX XXXXXXXXXXXX XXXXXXXXXXX
04/10/2012 - R UCC3 Termination
(2012041000874001)		 XXXXXX XXXXXXX XXXXXXXXXXX XXXX XXXXXXXXXXX XXX XXXXXXXXX XXXXXXXXXXXX XXXXXXXXXXX
04/10/2012 - R Initial UCC1
(2012041000827001)		 XXXXXX XXXXX XXXXXXX XXXXXXXXXXX XXXX XXXXXXXXXXX XXX XXXXXXXXX XXXXXXXXXXXX XXXXXXXXXXX
04/19/2012 - R
04/05/2012 - D		 Mortgage
(2012041100725013)		 XXXXXX XXXXX XXXXXXX XXXXXXXXXXX XXXX XXXXXXXXXXX XXX XXXXX XXX
04/19/2012 - R
04/05/2012 - D		 Mortgage
(2012041100725012)		 XXXXXX XXXXX XXXXXXX XXXXXXXXXXX XXXX XXXXXXXXXXX XXX XXXX XX XXX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 940 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
Municipal exemptions
Recent tax assessments
Market value
$7,225,000
Assessed value
$3,251,250

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 $6,824,000 $3,070,800 $0 12.439% $342,479 $0 n/a
2024/25 $6,624,000 $2,980,800 $0 12.5% $339,030 $0 n/a
2023/24 $5,966,000 $2,684,700 $0 12.502% $330,983 $0 n/a
2022/23 $6,115,000 $2,751,750 $0 12.267% $318,192 $0 n/a
2021/22 $5,451,000 $2,452,950 $0 12.235% $300,118 $0 n/a
2020/21 $6,288,000 $2,829,600 $0 12.267% $295,438 $0 n/a
2019/20 $5,904,000 $2,656,800 $0 12.473% $271,853 $0 n/a
2018/19 $5,371,000 $2,416,950 $0 12.612% $237,050 $0 n/a
2017/18 $4,664,000 $2,098,800 $0 12.719% $205,269 $0 n/a
2016/17 $4,533,000 $2,039,850 $0 12.892% $178,927 $0 n/a
Permits

Permit information for 940 Gates Avenue, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
09/24/2024 Alteration
09/18/2024 Alteration
06/12/2024 Alteration
02/19/2016 Alteration type 2
10/10/2013 Alteration type 2

*Most recent permits on record for this property.

More about New York City property records

Violations

DOB Violations

Violation ID Issue date Type Status
04/22/2023 Earcx-failure to submit eer none
08/21/2022 Earcx-failure to submit eer none
08/20/2022 Earcx-failure to submit eer none

*Most recent DOB violations on record for this property.

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

Property location map
FEMA flood zones
X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
-

Subway & traffic

Closest station
Linden St & Broadway at SW Corner
Station lines
J-Z
Distance (miles)
0.182
View subway map

Access the detailed traffic volume map for 940 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 940 Gates Avenue, Brooklyn, NY

968 Gates Ave, Brooklyn 970 Gates Ave, Brooklyn 970 A Gates Ave, Brooklyn 101 Patchen Ave, Brooklyn 962 A Gates Ave, Brooklyn 974 Gates Ave, Brooklyn 677 Monroe St, Brooklyn 964 Gates Ave, Brooklyn 972 Gates Ave, Brooklyn 105 Patchen Ave, Brooklyn 671 Monroe St, Brooklyn 681 Monroe St, Brooklyn 966 Gates Ave, Brooklyn 107 Patchen Ave, Brooklyn 669 Monroe St, Brooklyn 673 Monroe St, Brooklyn 679 Monroe St, Brooklyn 962 Gates Ave, Brooklyn 976 Gates Ave, Brooklyn 675 Monroe St, Brooklyn

Nearby ZIP codes for 940 Gates Avenue, Brooklyn, NY

11101, New York City, NY 11104, New York City, NY 11203, New York City, NY 11205, New York City, NY 11206, New York City, NY 11207, New York City, NY 11211, New York City, NY 11212, New York City, NY 11213, New York City, NY 11216, New York City, NY 11217, New York City, NY 11222, New York City, NY 11225, New York City, NY 11226, New York City, NY 11233, New York City, NY 11237, New York City, NY 11238, New York City, NY 11378, New York City, NY 11379, New York City, NY 11385, New York City, NY

Frequently asked questions

What is the year built for 940 Gates Avenue, Brooklyn, NY 11221?

The development at 940 Gates Avenue, Brooklyn, NY 11221 was built in 1975.

What is the total square footage of 940 Gates Avenue, Brooklyn, NY 11221?

940 Gates Avenue, Brooklyn, NY 11221 has a total of 106,804 square feet.

When was 940 Gates Avenue, Brooklyn, NY 11221 last sold and what was the sale price?

940 Gates Avenue, Brooklyn, NY 11221 was last sold on 04/05/2012 for $6,796,852.

What is the assessed value of 940 Gates Avenue, Brooklyn, NY 11221?

940 Gates Avenue, Brooklyn, NY 11221 is currently assessed at $3,251,250.

How many residential units does this building have?

This building has 104 residential unit(s).

Disclaimer

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