New York City » 11221 » Gates Ave » 563 Gates Ave

563 Gates Avenue, Brooklyn, NY 11221 - Property report

Also known as: 563 Gates Ave

Property image for 563 Gates Avenue, Brooklyn, NY 11221

Property type

Primarily Four Family with One Store or Office (S4)

Year built

1931

Lot sq. ft.

2,000

Sale price

$1,950,000

General information

Address

Primary address

563 Gates Avenue

ZIP code

11221

Neighborhood

Bedford-Stuyvesant

Borough

Brooklyn

Block & lot

01810-0075

Building

Property type

Primarily Four Family with One Store or Office (S4)

Building sq. ft.

4,640

Building dimensions

20 ft x 58 ft

Buildings on lot

Stories

Year built

1931

Last altered

2011

Building material

Sales

Sale date

08/18/2023

Sale price

$1,950,000

Tax

Tax year

2026-2027

Property tax

$8,065

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

20 ft x 100 ft

Lot sq. ft.

2,000

Area overview

Walk score

90 /100. Very Walkable

Transit score

100 /100. Rider's Paradise

Bike score

79 /100. Very Bikeable

School district

Community district

Closest police station

0.08 Miles

Closest fire station

0.38 Miles

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

Ownership

Ownership information for 563 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 563 Gates Avenue, Brooklyn, NY 11221

Sale date	Sale price	Buyer name	Seller name
08/18/2023	$1,950,000	XXX XXXXX XXXXXX XXXXXXXX XXX	XXXXX XXXXXXX XXXXXXXXXXX XXX
03/07/2012	$431,000	XXXXX XXXXXXX XXXXXXXXXXX XXX	XXX XXXXX XXX XXXXXX XXX
12/22/2011	$250,000	XXX XXXXX XXX XXXXXX XXX	XXXXXXXX XXXX XXXX XXXXX XXX XXXXX XXXXXXXXX, XXXXXXXXX XXXXXXX XXX XXX-XXXXXXXX XXXXXXXXX XXXX, XXXXXXX

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
08/24/2023 - R	UCC3 Termination (2023082100617003)	XXXXX XXXXXXX XXXXXXXXXXX XXX	XXXXXXXXX XXXX
08/24/2023 - R 08/18/2023 - D	Deed (2023082100617001)	XXXXX XXXXXXX XXXXXXXXXXX XXX	XXX XXXXX XXXXXX XXXXXXXX XXX
08/24/2023 - R 08/14/2023 - D	Satisfaction of Mortgage (2023082100617004)	XXXXXXXXX XXXXXXX	XXXXXXX XXXXXXX XXXXXXXXX XXXXXXXXXXX
08/24/2023 - R 08/14/2023 - D	Termination of Assign of L&R (2023082100617002)	XXXXXXXX XXXXXXX XXXXXXXXX XXXXXXXXXXX	XXXXX XXXXXXX XXXXXXXXXXX XXX
11/07/2019 - R	Initial UCC1 (2019110501318001)	XXXXX XXXXXXX XXXXXXXXXXX XXX	XXXXXXXXX XXXX
11/07/2019 - R	UCC3 Termination (2019110500808001)	XXXXX XXXXXXX XXXXXXXXXXX XXX	XXXXXXXXX XXXX
11/07/2019 - R 11/04/2019 - D	Assignment of Leases and Rents (2019110500808006)	XXXXX XXXXXXX XXXXXXXXXXX XXX	XXXXXXXXX XXXX
11/07/2019 - R 11/04/2019 - D	Agreement (2019110500808005)	XXXXX XXXXXXX XXXXXXXXXXX XXX	XXXXXXXXX XXXX
11/07/2019 - R 11/04/2019 - D	Mortgage (2019110500808004)	XXXXX XXXXXXX XXXXXXXXXXX XXX	XXXXXXXXX XXXX
11/07/2019 - R 10/23/2019 - D	Assignment, Mortgage (2019110500808003)	XXXXXXXXX XXXX	XXXXXXXXX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 563 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

$8,065

Municipal exemptions

Recent tax assessments

Market value

$1,174,000

Assessed value

$528,300

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	$978,000	$440,100	$62,372	12.439%	$16,873	$7,497	+225.66%
2024/25	$877,000	$394,650	$60,213	12.5%	$16,280	$2,302	+30.27%
2023/24	$814,000	$366,300	$55,924	12.502%	$15,077	$1,767	+32.75%
2022/23	$752,000	$338,400	$53,441	12.267%	$14,077	$1,331	+20.03%
2021/22	$601,500	$270,675	$51,762	12.235%	$13,380	$1,109	-82.06%
2020/21	$584,000	$262,800	$50,403	12.267%	$12,800	$6,183	-52.06%
2019/20	$544,000	$244,800	$103,397	12.473%	$12,897	$12,897	+59.98%
2018/19	$290,000	$130,500	$63,918	12.612%	$8,061	$8,061	+6.65%
2017/18	$251,000	$112,950	$59,427	12.719%	$7,559	$7,559	+6.06%
2016/17	$226,000	$101,700	$55,277	12.892%	$7,126	$7,126	+7.58%

Permits

Permit information for 563 Gates Avenue, Brooklyn, NY

Filing date	Job type	Job status	Job description	Initial cost
11/28/2011	Alteration type 2

*Most recent permit on record for this property.

More about New York City property records

Violations

DOB Violations

Violation ID	Issue date	Type	Status
	11/20/1989	B-boiler

*Most recent DOB violation 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

Nostrand Ave & Lafayette Ave at SW Corner

Station lines

Distance (miles)

0.429

View subway map

Access the detailed traffic volume map for 563 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 563 Gates Avenue, Brooklyn, NY

478 Quincy St, Brooklyn 567 Gates Ave, Brooklyn 597-599 Gates Ave, Brooklyn 601 Gates Ave, Brooklyn 571 Gates Ave, Brooklyn 579 Gates Ave, Brooklyn 587 Gates Ave, Brooklyn 480 Quincy St, Brooklyn 555 Gates Ave, Brooklyn 593 Gates Ave, Brooklyn 437 Throop Ave, Brooklyn 484 Quincy St, Brooklyn 565 Gates Ave, Brooklyn 420 Quincy St, Brooklyn 482 Quincy St, Brooklyn 486 Quincy St, Brooklyn 561 Gates Ave, Brooklyn 488 Quincy St, Brooklyn 569 Gates Ave, Brooklyn

Frequently asked questions

What is the year built for 563 Gates Avenue, Brooklyn, NY 11221?

The development at 563 Gates Avenue, Brooklyn, NY 11221 was built in 1931.

What is the market value of 563 Gates Avenue, Brooklyn, NY 11221?

The current market value of 563 Gates Avenue, Brooklyn, NY 11221 is $1,174,000.

What is the total square footage of 563 Gates Avenue, Brooklyn, NY 11221?

563 Gates Avenue, Brooklyn, NY 11221 has a total of 4,640 square feet.

What is the price per square foot for this property?

$420 per square foot is the price for 563 Gates Avenue, Brooklyn, NY 11221.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 1.

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.