New York City » 11216 » Gates Ave » 423 Gates Ave

423 Gates Avenue, Brooklyn, NY 11216 - Property report

Also known as: 423 Gates Ave

Property image for 423 Gates Avenue, Brooklyn, NY 11216

Property type

Three Families (C0)

Year built

1899

Lot sq. ft.

1,900

Sale price

$300,000

General information

Address

Primary address

423 Gates Avenue

ZIP code

11216

Neighborhood

Bedford-Stuyvesant

Borough

Brooklyn

Block & lot

01808-0087

Building

Property type

Three Families (C0)

Building sq. ft.

6,080

Building dimensions

19 ft x 80 ft

Buildings on lot

Stories

Year built

1899

Last altered

2004

Building material

Brick

Exterior wall

Brick/Masonary

Basement

Sales

Sale date

09/04/2012

Sale price

$300,000

Tax

Tax year

2026-2027

Property tax

$4,214

Tax class

Floor area ratio (FAR)

Commercial FAR

Residential FAR

Buildable area

Zoning & Use

Zoning

Qualified opportunity zone

Residential units

Residential sq. ft.

Commercial units

Office sq. ft.

Retail sq. ft.

Lot

Frontage(s)

Gates Avenue (narrow)

Nearest wide street

Nostrand Avenue

Distance to wide street

Lot dimensions

19 ft x 100 ft

Lot sq. ft.

1,900

Area overview

Walk score

94 /100. Walker's Paradise

Transit score

100 /100. Rider's Paradise

Bike score

83 /100. Very Bikeable

School district

Community district

Closest police station

0.30 Miles

Closest fire station

0.09 Miles

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

Ownership

Ownership information for 423 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 423 Gates Avenue, Brooklyn, NY 11216

Sale date	Sale price	Buyer name	Seller name
09/04/2012	$300,000	XXXXX, XXXXX X	XXX XXXXX XXXXXX XXXXXX XXXXXXXXXX XXXX
07/02/2012	$155,000	XXX XXXXX XXXXXX XXXXXX XXXXXXXXXX XXXX	XXXXXX, XXXXXXX
10/14/2003	$750,000	XXXXXX, XXXXXXX	XXX XXXXXXX XXXXXX XXXX.

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
02/02/2022 - R	UCC3 Termination (2022012501116012)	XXX XXXXX XXX	XXXXXXXXX XXXX
02/02/2022 - R	Initial UCC1 (2022012501116007)	XXX XXXXX XXX	XXXXXXXXX XXXXXXX XXXXXXX XXXX
02/02/2022 - R 01/18/2022 - D	Termination of Assign of L&R (2022012501116011)	XXXXXXXXX XXXX
02/02/2022 - R 01/18/2022 - D	Assignment of Leases and Rents (2022012501116006)	XXX XXXXX XXX	XXXXXXXXX XXXXXXX XXXXXXX XXXX
02/02/2022 - R 01/18/2022 - D	Agreement (2022012501116005)	XXX XXXXX XXX	XXXXXXXXX XXXXXXX XXXXXXX XXXX
02/02/2022 - R 01/18/2022 - D	Mortgage (2022012501116004)	XXX XXXXX XXX	XXXXXXXXX XXXXXXX XXXXXXX XXXX
02/02/2022 - R 01/18/2022 - D	Assignment, Mortgage (2022012501116001)	XXXXXXXXX XXXX	XXXXXXXXX XXXXXXX XXXXXXX XXXX
10/16/2020 - R	UCC3 Continuation (2020101600654001)	XXX XXXXX XXX	XXXX XXXXX XXXX
07/05/2016 - R 06/17/2016 - D	Termination of Assign of L&R (2016062900419001)	XXXXXXXXXXX XXXXXXX XXXXX XXX
04/15/2016 - R	Initial UCC1 (2016041401373001)	XXX XXXXX XXX	XXXX XXXXX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 423 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

$4,214

Municipal exemptions

Recent tax assessments

Market value

$3,218,000

Assessed value

$193,080

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	$3,695,000	$221,700	$21,206	19.843%	$4,208	$4,208	-0.37%
2024/25	$2,919,000	$175,140	$21,029	20.085%	$4,224	$4,224	+5.96%
2023/24	$3,373,000	$202,380	$19,847	20.085%	$3,986	$3,986	+4.76%
2022/23	$3,696,000	$221,760	$18,737	20.309%	$3,805	$3,805	+7.71%
2021/22	$2,957,000	$177,420	$17,698	19.963%	$3,533	$3,533	-5.00%
2020/21	$3,075,000	$184,500	$17,672	21.045%	$3,719	$3,719	+0.26%
2019/20	$2,913,000	$174,780	$17,524	21.167%	$3,709	$3,709	+7.21%
2018/19	$2,090,000	$125,400	$16,539	20.919%	$3,460	$3,460	+8.70%
2017/18	$1,325,000	$79,500	$15,614	20.385%	$3,183	$3,183	+7.96%
2016/17	$1,349,000	$80,940	$14,748	19.991%	$2,948	$2,948	+2.38%

Permits

Permit information for 423 Gates Avenue, Brooklyn, NY

Filing date	Job type	Job status	Job description	Initial cost
08/14/2026	Alteration
07/02/2026	Alteration CO
06/23/2026	Alteration CO
11/25/2025	Alteration CO
04/12/2018	Alteration type 2

*Most recent permits on record for this property.

More about New York City property records

Violations

HPD Violations

Violation ID	Inspection date	Class	NOV issue date	Status
	12/04/2024	I
	12/18/2022	B
	03/01/2018	B

*Most recent HPD violations on record for this property.

Neighborhood

Bedford residential market stats

Access a detailed real estate market overview of Bedford so you can assess current trends, home values, types of properties sold and transaction volume. View the median home sale price in Bedford and compare it to other neighborhoods in Brooklyn.

Median sale price

—

Median price/sq. ft.

—

Brooklyn median sale price

$899,000

6% 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

Nostrand Ave & Lafayette Ave at SW Corner

Station lines

Distance (miles)

0.239

View subway map

Access the detailed traffic volume map for 423 Gates Avenue, Brooklyn, NY 11216 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

Schools

Nearest elementary schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
P.S. 256 Benjamin Banneker	3	Yes	Public	PK, K-5	202	0.30
P.S. 256 Benjamin Banneker	3	Yes	Public	PK, K-5	202	0.30
Tabernacle Elementary School	NR	No	Private	1-5	0	0.10
Concord Baptist Elementary School	NR	No	Private	1-5	0	0.18
Concord Baptist Elementary School	NR	No	Private	1-5	0	0.19
Walk In Cove Christian Academy	NR	No	Private	1-12	0	0.23
Dr CR Johnson Christian Academy	NR	No	Private	PK, K-4, 6-8	0	0.24
P.S. 305 Dr Peter Ray	NR	No	Public	PK, K-5	102	0.25
P.S. 305 Dr Peter Ray	NR	No	Public	PK, K-5	102	0.25
Urban Assembly Academy Of Arts And Letters	6	No	Public	PK, K-8	729	0.25

Nearest middle schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
Brooklyn East Collegiate Charter School	7	No	Charter	8	66	0.19
Walk In Cove Christian Academy	NR	No	Private	1-12	0	0.23
Dr CR Johnson Christian Academy	NR	No	Private	PK, K-4, 6-8	0	0.24
Urban Assembly Academy Of Arts And Letters	6	No	Public	PK, K-8	729	0.25
Clara Muhammad School Of Masjid Khalifah	NR	No	Private	PK-8	79	0.28
Mt Pleasant Christian Academy	NR	No	Private	PK-12	10	0.29
Mount Pleasant Christian Academy	NR	No	Private	1-12	0	0.30
P.S. 140	NR	No	Public	K-10	318	0.40
Leadership Preparatory Bedford Stuyvesant Charter School	6	No	Charter	K-12	1,186	0.40
Unity Prep Charter School of Brooklyn	6	No	Charter	6-12	558	0.48

Nearest high schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
Bedford Stuyvesant Prepretory High School	NR	No	Public	10-12	102	0.17
Brooklyn Academy High School	NR	No	Public	10-12	82	0.19
Bedford Academy High School	9	No	Public	9-12	381	0.22
Walk In Cove Christian Academy	NR	No	Private	1-12	0	0.23
Mt Pleasant Christian Academy	NR	No	Private	PK-12	10	0.29
Mount Pleasant Christian Academy	NR	No	Private	1-12	0	0.30
Talmud Torah Dnitra	NR	No	Private	PK, K-12	500	0.35
P.S. 140	NR	No	Public	K-10	318	0.40
Leadership Preparatory Bedford Stuyvesant Charter School	6	No	Charter	K-12	1,186	0.40
Walk In Love Christian Academy	NR	No	Private	PK, K-12	291	0.42

Neighbors for 423 Gates Avenue, Brooklyn, NY

471 Gates Ave, Brooklyn 334 Quincy St, Brooklyn 421 Gates Ave, Brooklyn 459 Gates Ave, Brooklyn 477 Gates Ave, Brooklyn 473 Gates Ave, Brooklyn 465 Gates Ave, Brooklyn 475 Gates Ave, Brooklyn 326 Quincy St, Brooklyn 425 Gates Ave, Brooklyn 328 Quincy St, Brooklyn 467 Gates Ave, Brooklyn 463 Gates Ave, Brooklyn 461 Gates Ave, Brooklyn 457 Gates Ave, Brooklyn 469 Gates Ave, Brooklyn 782 Marcy Ave, Brooklyn 332 Quincy St, Brooklyn 330 Quincy St, Brooklyn

Frequently asked questions

What is the year built for 423 Gates Avenue, Brooklyn, NY 11216?

The development at 423 Gates Avenue, Brooklyn, NY 11216 was built in 1899.

What is the total square footage of 423 Gates Avenue, Brooklyn, NY 11216?

423 Gates Avenue, Brooklyn, NY 11216 has a total of 6,080 square feet.

When was 423 Gates Avenue, Brooklyn, NY 11216 last sold and what was the sale price?

423 Gates Avenue, Brooklyn, NY 11216 was last sold on 09/04/2012 for $300,000.

What is the assessed value of 423 Gates Avenue, Brooklyn, NY 11216?

423 Gates Avenue, Brooklyn, NY 11216 is currently assessed at $193,080.

What are the property taxes for 423 Gates Avenue, Brooklyn, NY 11216?

The property taxes for 423 Gates Avenue, Brooklyn, NY 11216 total $4,214.

How many residential units does this building have?

This building has 3 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.