New York City » 11216 » Gates Ave » 525 Gates Ave

525 Gates Avenue, Brooklyn, NY 11216 - Property report

Also known as: 525 Gates Ave

Property image for 525 Gates Avenue, Brooklyn, NY 11216

Property type

Four Families (C3)

Year built

1931

Lot sq. ft.

2,100

Sale price

$775,000

General information

Address

Primary address

525 Gates Avenue

ZIP code

11216

Neighborhood

Bedford-Stuyvesant

Borough

Brooklyn

Block & lot

01809-0058

Building

Property type

Four Families (C3)

Building sq. ft.

4,960

Building dimensions

20 ft x 62 ft

Buildings on lot

Stories

Year built

1931

Building material

Stone

Exterior wall

None

Basement

Sales

Sale date

05/23/2005

Sale price

$775,000

Tax

Tax year

2026-2027

Property tax

$9,639

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

Lexington Avenue

Distance to wide street

Lot dimensions

20 ft x 105 ft

Lot sq. ft.

2,100

Area overview

Walk score

90 /100. Very Walkable

Transit score

100 /100. Rider's Paradise

Bike score

80 /100. Very Bikeable

School district

Community district

Closest police station

0.11 Miles

Closest fire station

0.29 Miles

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

Ownership

Ownership information for 525 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 525 Gates Avenue, Brooklyn, NY 11216

Sale date	Sale price	Buyer name	Seller name
05/23/2005	$775,000	XXXXXXX, XXXXXXX	XXXXXXX, XXXXXXXX

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
08/12/2025 - R 07/31/2025 - D	Agreement (2025080700159002)	XXXXXXX XXXXXXXX	XXXX XXX
08/12/2025 - R 07/31/2025 - D	Mortgage (2025080700159001)	XXXXXXX XXXXXXXX	XXXX XXX
06/21/2023 - R 06/09/2023 - D	Agreement (2023062000522002)	XXXXXXX XXXXXXXX	XXXX XXX
06/21/2023 - R 06/09/2023 - D	Mortgage (2023062000522001)	XXXXXXX XXXXXXXX	XXXX XXX
06/24/2019 - R 06/17/2019 - D	Satisfaction of Mortgage (2019062100079001)	XXXXXXX XXXXXXX	XXXXX XXXXX XXXXXXX XXX
06/14/2019 - R 05/21/2019 - D	Deed (2019060701036001)	XXXXXXX XXXXXXXX	XXXXXXX XXXXXXXX
06/20/2019 - R 05/20/2019 - D	Mortgage (2019061101047001)	XXXXXXX XXXXXXXX	XXXX
05/08/2019 - R 05/02/2019 - D	Assignment, Mortgage (2019050601141001)	XXXXX XXXXX XXXXXXX XXX X XXX XXXX XXXXXXXXXXX	XXXXXXXX XXXXXXXXXX XXXXXXX XXX X XXXXXXXXXX XXX
04/02/2019 - R 03/25/2019 - D	Satisfaction of Mortgage (2019032601335001)	XXXXXXX XXXXXXX	XXXXX XXXXXX XX XXXXX XXXXXX XXXXX
02/20/2019 - D 02/20/2019 - R	Satisfaction of Mortgage (2019022000222001)	XXXXXXX XXXXXXX	XXXXX XXXXXX XX XXXXX XXXXXX XXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 525 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

$9,639

Municipal exemptions

Recent tax assessments

Market value

$1,210,000

Assessed value

$544,500

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	$1,008,000	$453,600	$71,778	12.439%	$8,928	$8,928	-0.49%
2024/25	$945,600	$425,520	$71,777	12.5%	$8,972	$8,972	+3.23%
2023/24	$788,000	$354,600	$69,521	12.502%	$8,692	$8,692	+10.06%
2022/23	$657,000	$295,650	$64,375	12.267%	$7,897	$7,897	+8.28%
2021/22	$525,300	$236,385	$59,608	12.235%	$7,293	$7,293	+7.68%
2020/21	$510,000	$229,500	$55,214	12.267%	$6,773	$6,773	-1.65%
2019/20	$424,800	$191,160	$55,213	12.473%	$6,887	$6,887	+2.11%
2018/19	$354,000	$159,300	$53,478	12.612%	$6,745	$6,745	+7.09%
2017/18	$314,000	$141,300	$49,519	12.719%	$6,298	$6,298	+6.55%
2016/17	$251,000	$112,950	$45,852	12.892%	$5,911	$5,911	+8.03%

Permits

Permit information for 525 Gates Avenue, Brooklyn, NY

Filing date	Job type	Job status	Job description	Initial cost
10/09/2024	Alteration
08/28/2024	Alteration
04/08/2024	Alteration
04/03/2024	Alteration
03/13/2024	Alteration

*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
	05/04/2026	A
	06/09/2025	A
	04/10/2024	A

*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)

0.358

View subway map

Access the detailed traffic volume map for 525 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. 44 Marcus Garvey	3	Yes	Public	PK, K-5	119	0.26
P.S. 44 Marcus Garvey	3	Yes	Public	PK, K-5	119	0.26
P.S. 305 Dr Peter Ray	NR	No	Public	PK, K-5	102	0.08
P.S. 305 Dr Peter Ray	NR	No	Public	PK, K-5	102	0.08
Urban Assembly Academy Of Arts And Letters	6	No	Public	PK, K-8	729	0.08
Urban Assembly Academy Of Arts And Letters	6	No	Public	PK, K-8	729	0.08
Mt Pleasant Christian Academy	NR	No	Private	PK-12	10	0.10
Mt Pleasant Christian Academy	NR	No	Private	PK-12	10	0.10
Mount Pleasant Christian Academy	NR	No	Private	1-12	0	0.10
Concord Baptist Elementary School	NR	No	Private	1-5	0	0.15

Nearest middle schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
Urban Assembly Academy Of Arts And Letters	6	No	Public	PK, K-8	729	0.08
Mt Pleasant Christian Academy	NR	No	Private	PK-12	10	0.10
Mount Pleasant Christian Academy	NR	No	Private	1-12	0	0.10
Brooklyn East Collegiate Charter School	7	No	Charter	8	66	0.18
Unity Prep Charter School of Brooklyn	6	No	Charter	6-12	558	0.26
Walk In Cove Christian Academy	NR	No	Private	1-12	0	0.32
Walk In Love Christian Academy	NR	No	Private	PK, K-12	291	0.33
George H Murray Christian Academy	NR	No	Private	PK, K-8	81	0.33
Leadership Preparatory Bedford Stuyvesant Charter School	6	No	Charter	K-12	1,186	0.35
P.S. 140	NR	No	Public	K-10	318	0.35

Nearest high schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
Boys and Girls High School	2	Yes	Public	9-12	403	0.92
Mt Pleasant Christian Academy	NR	No	Private	PK-12	10	0.10
Mount Pleasant Christian Academy	NR	No	Private	1-12	0	0.10
Brooklyn Academy High School	NR	No	Public	10-12	82	0.18
Bedford Stuyvesant Prepretory High School	NR	No	Public	10-12	102	0.20
Unity Prep Charter School of Brooklyn	6	No	Charter	6-12	558	0.26
Walk In Cove Christian Academy	NR	No	Private	1-12	0	0.32
Walk In Love Christian Academy	NR	No	Private	PK, K-12	291	0.33
Leadership Preparatory Bedford Stuyvesant Charter School	6	No	Charter	K-12	1,186	0.35
P.S. 140	NR	No	Public	K-10	318	0.35

Frequently asked questions

What is the year built for 525 Gates Avenue, Brooklyn, NY 11216?

The development at 525 Gates Avenue, Brooklyn, NY 11216 was built in 1931.

What is the total square footage of 525 Gates Avenue, Brooklyn, NY 11216?

525 Gates Avenue, Brooklyn, NY 11216 has a total of 4,960 square feet.

When was 525 Gates Avenue, Brooklyn, NY 11216 last sold and what was the sale price?

525 Gates Avenue, Brooklyn, NY 11216 was last sold on 05/23/2005 for $775,000.

What is the assessed value of 525 Gates Avenue, Brooklyn, NY 11216?

525 Gates Avenue, Brooklyn, NY 11216 is currently assessed at $544,500.

What are the property taxes for 525 Gates Avenue, Brooklyn, NY 11216?

The property taxes for 525 Gates Avenue, Brooklyn, NY 11216 total $9,638.

How many residential units does this building have?

This building has 4 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.