Kings  »  11216  »  Gates Ave  »  472 Gates Ave

472 Gates Avenue, Brooklyn, NY 11216 - Property report

Also known as: 472 Gates Ave

Property image for 472 Gates Avenue, Brooklyn, NY 11216
static Mapbox map

Property type

Primarily Five to Six Family with One Store or Office (S5)

Year built

1899

Lot sq. ft.

1,600

Sale price

$1,580,000

General information

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Address
Primary address
472 Gates Avenue
ZIP code
11216
Neighborhood
Bedford-Stuyvesant
Borough
Brooklyn
Block & lot
01814-0004

Owner

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Building
Property type
Primarily Five to Six Family with One Store or Office (S5)
Building sq. ft.
5,709
Building dimensions
20 ft x 55 ft
Buildings on lot
1
Stories
4
Year built
1899
Last altered
2017
Building material
Sales
Sale date
10/28/2021
Sale price
$1,580,000
Tax
Tax year
2026-2027
Property tax
$21,402
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
6
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
20 ft x 80 ft
Lot sq. ft.
1,600

Area overview

Walk score
91 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
78 /100.  Very Bikeable
School district
13
Community district
3
Closest police station
0.19 Miles
Closest fire station
0.22 Miles

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

Ownership information for 472 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 472 Gates Avenue, Brooklyn, NY 11216

Sale date Sale price Buyer name Seller name
10/28/2021 $1,580,000 XXX XXXXX XXX XXX XXXXX XXX XXX
11/10/2016 $1,090,000 XXX XXXXX XXX XXX X XX XXXXXX XXX
09/23/2016 $500,000 X XX XXXXXX XXX XXXXX XXXXXXXX XXXXXXXXXX XXXXXXX XXXXXX, XXX

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
05/07/2024 - R Initial UCC1
(2023092100008009)
XXX XXXXX XXX XXXXX XXXXXXXX XXXX
05/07/2024 - R UCC3 Termination
(2023092100008005)
XXX XXXXX XXX XXXXXXXXX XXXXXXX XXX
05/07/2024 - R
03/19/2024 - D
Assignment of Leases and Rents
(2023092100008008)
XXX XXXXX XXX XXXXX XXXXXXXX XXXX
05/07/2024 - R
03/19/2024 - D
Agreement
(2023092100008007)
XXX XXXXX XXX XXXXX XXXXXXXX XXXX
05/07/2024 - R
03/19/2024 - D
Mortgage
(2023092100008006)
XXX XXXXX XXX XXXXX XXXXXXXX XXXX
05/07/2024 - R
03/13/2024 - D
Assignment, Mortgage
(2023092100008004)
XXXXXXXXX XXXXXXX XXX XXX XXXX
05/07/2024 - R
03/13/2024 - D
Assignment, Mortgage
(2023092100008003)
XXXXXXXXX XXXXXXX XXX XXX XXXX
05/07/2024 - R
03/13/2024 - D
Termination of Assign of L&R
(2023092100008002)
XXXXXXXXX XXXXXXX XXX XXX XXXXX XXX
05/07/2024 - R
03/13/2024 - D
Termination of Assign of L&R
(2023092100008001)
XXXXXXXXX XXXXXXX XXX XXX XXXXX XXX
01/20/2022 - R Initial UCC1
(2021120600148005)
XXX XXXXX XXX XXXXXXXXX XXXXXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 472 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
$21,402
Municipal exemptions
Recent tax assessments
Market value
$1,788,000
Assessed value
$804,600

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 $1,538,000 $692,100 $164,705 12.439% $20,488 $20,488 +5.99%
2024/25 $1,282,000 $576,900 $154,639 12.5% $19,330 $19,330 +89.02%
2023/24 $768,000 $345,600 $81,799 12.502% $10,227 $10,227 +1.92%
2022/23 $755,000 $339,750 $81,799 12.267% $10,034 $10,034 +7.46%
2021/22 $710,000 $319,500 $76,318 12.235% $9,338 $9,338 +7.72%
2020/21 $887,000 $399,150 $70,665 12.267% $8,668 $8,668 +37.33%
2019/20 $790,000 $355,500 $50,606 12.473% $6,312 $6,312 +180.77%
2018/19 $596,000 $35,760 $10,747 20.919% $2,248 $2,248 +4.55%
2017/18 $556,000 $33,360 $10,549 20.385% $2,150 $2,150 +8.09%
2016/17 $463,000 $27,780 $9,952 19.991% $1,990 $1,990 +7.35%

Permit information for 472 Gates Avenue, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
10/19/2023 Alteration
07/11/2023 Alteration
05/07/2023 Alteration
01/05/2023 Alteration
06/22/2022 Alteration

*Most recent permits on record for this property.

More about New York City property records

DOB Violations

Violation ID Issue date Type Status
08/09/2017 Aeuhaz1-fail to certify class 1
07/26/2017 Aeuhaz1-fail to certify class 1
07/26/2017 Aeuhaz1-fail to certify class 1

*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)
0.331

Access the detailed traffic volume map for 472 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 472 Gates Avenue, Brooklyn, NY 11216?

The development at 472 Gates Avenue, Brooklyn, NY 11216 was built in 1899.

What is the market value of 472 Gates Avenue, Brooklyn, NY 11216?

The current market value of 472 Gates Avenue, Brooklyn, NY 11216 is $1,788,000.

What is the total square footage of 472 Gates Avenue, Brooklyn, NY 11216?

472 Gates Avenue, Brooklyn, NY 11216 has a total of 5,709 square feet.

What is the price per square foot for this property?

$276 per square foot is the price for 472 Gates Avenue, Brooklyn, NY 11216.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 1.

Disclaimer

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