Kings  »  11216  »  Gates Ave  »  531 Gates Ave

531 Gates Avenue, Brooklyn, NY 11216 - Property report

Also known as: 529 A Gates Ave

Property image for 531 Gates Avenue, Brooklyn, NY 11216
static Mapbox map

Property type

Over Six Families without Stores (C1)

Year built

1910

Lot sq. ft.

4,200

General information

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Address
Primary address
531 Gates Avenue
Alternate address(es)
529 A Gates Ave
ZIP code
11216
Neighborhood
Bedford-Stuyvesant
Borough
Brooklyn
Block & lot
01809-0054

Owner

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Building
Property type
Over Six Families without Stores (C1)
Building sq. ft.
10,512
Building dimensions
20.83 ft x 62.83 ft
Buildings on lot
2
Stories
4
Year built
1910
Last altered
1996
Building material
Tax
Tax year
2026-2027
Property tax
$2,142
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
8
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
40 ft x 105 ft
Lot sq. ft.
4,200

Area overview

Walk score
89 /100.  Very Walkable
Transit score
100 /100.  Rider's Paradise
Bike score
80 /100.  Very Bikeable
School district
13
Community district
3
Closest police station
0.11 Miles
Closest fire station
0.30 Miles

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Ownership information for 531 Gates Avenue, Brooklyn, NY

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

Sales history for 531 Gates Avenue, Brooklyn, NY 11216

No recently recorded sales for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
08/02/2021 - R
07/14/2021 - D
Sundry Agreement
(2021072601338001)
XXXXXXXX XXXXXXX XXX XXXXX XXXXXXX XXXXXXXXXXX X X
08/20/1999 - R Satisfaction of Mortgage
(3910006798391)
XXXXX XXXXXXX XXXXXXXXXXX XXXXXXX XXX XXXXXX XXXXXXXXX XXXXXXXXXXX XXXXXXXXXXX
08/20/1999 - R Satisfaction of Mortgage
(3540006798254)
XXXXXXXXXXXX XXXXXXXXXXX XXXXXXX XXXXXXXXXXX XXXX XXXXXXXX XXXXXXXXX XXXXXXXXXXX XXX
08/20/1999 - R Satisfaction of Mortgage
(3040006798204)
XXXXX XXXXXXX XXXXXXXXXXX XXXXXXX XXX XXXXXXXX XXXXXXXXX XXXXXXXXXXX XXX
08/20/1999 - R Sundry Agreement
(3130006755213)
XXXXX XXXXXXXXX XXXXXXXXXXX XXXXXXXXXXX
08/20/1999 - R Sundry Agreement
(3430006755243)
XXXXX XXXXXXXXX XXXXXXXXXXX XXXXXXXXXXX
08/20/1999 - R Release
(3900006755290)
XXX XXX XXXXXXXXXXXX XXXXXXXXXXX XXXXXXX XXXXXXXXXXX XXXX
08/20/1999 - R Mortgage
(3160006754016)
XXXXX XXXXXXX XXXXXXXXXXX XX XXXX XX XXX XXXX
08/20/1999 - R Mortgage
(3350006754035)
XXXX XX XXX XXXX XXXXX XXXXXXX XXXXXXXXXXX XX
08/20/1999 - R Agreement
(3900006755090)
XXXX XX XXX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 531 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
$2,142
Municipal exemptions
Recent tax assessments
Market value
$2,726,000
Assessed value
$1,226,700

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 $2,272,000 $1,022,400 $17,632 12.439% $37,597 $2,193 -3.01%
2024/25 $1,893,000 $851,850 $18,091 12.5% $34,983 $2,261 -3.43%
2023/24 $1,661,000 $747,450 $18,731 12.502% $34,989 $2,342 -2.04%
2022/23 $1,384,000 $622,800 $19,487 12.267% $32,745 $2,390 -4.88%
2021/22 $1,107,000 $498,150 $20,540 12.235% $30,722 $2,513 +1.35%
2020/21 $1,075,000 $483,750 $20,213 12.267% $28,521 $2,480 -5.14%
2019/20 $896,000 $403,200 $20,956 12.473% $26,852 $2,614 -7.65%
2018/19 $747,000 $336,150 $22,442 12.612% $27,151 $2,830 -3.70%
2017/18 $663,000 $298,350 $23,109 12.719% $26,117 $2,939 -8.09%
2016/17 $530,000 $238,500 $24,806 12.892% $24,902 $3,198 -4.72%

Permit information for 531 Gates Avenue, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
04/17/1998 Alteration type 1
04/13/1998 Alteration type 2
06/19/1996 Alteration type 3
06/19/1996 Alteration type 3
03/11/1996 Alteration type 1

*Most recent permits on record for this property.

More about New York City property records

DOB Violations

Violation ID Issue date Type Status
11/14/2025 Lblvio-low pressure boiler boiler required
06/30/2023 Lblvio-low pressure boiler boiler required
06/30/2023 Lblvio-low pressure boiler boiler required

*Most recent DOB violations on record for this property.

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

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FEMA flood zones

Property location map
FEMA flood zones
X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
-

Subway & traffic

Closest station
Nostrand Ave & Lafayette Ave at SW Corner
Station lines
G
Distance (miles)
0.369

Access the detailed traffic volume map for 531 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

Frequently asked questions

What is the year built for 531 Gates Avenue, Brooklyn, NY 11216?

The development at 531 Gates Avenue, Brooklyn, NY 11216 was built in 1910.

What is the total square footage of 531 Gates Avenue, Brooklyn, NY 11216?

531 Gates Avenue, Brooklyn, NY 11216 has a total of 10,512 square feet.

What is the assessed value of 531 Gates Avenue, Brooklyn, NY 11216?

531 Gates Avenue, Brooklyn, NY 11216 is currently assessed at $1,226,700.

What are the property taxes for 531 Gates Avenue, Brooklyn, NY 11216?

The property taxes for 531 Gates Avenue, Brooklyn, NY 11216 total $2,141.

How many residential units does this building have?

This building has 8 residential unit(s).

Disclaimer

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