Kings  »  11221  »  Gates Ave  »  542 Gates Ave

542 Gates Avenue, Brooklyn, NY 11221 - Property report

Also known as: 542 Gates Ave

Property image for 542 Gates Avenue, Brooklyn, NY 11221
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Property type

Over Six Families without Stores (C1)

Year built

1907

Lot sq. ft.

5,825

Sale price

$1,931,600

General information

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Access up-to-date information from property owner names to sales history, deeds, tax info, mortgages, development data, planimetric maps and more.

Address
Primary address
542 Gates Avenue
ZIP code
11221
Neighborhood
Bedford-Stuyvesant
Borough
Brooklyn
Block & lot
01815-0015

Owner

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Building
Property type
Over Six Families without Stores (C1)
Building sq. ft.
20,000
Building dimensions
57 ft x 88 ft
Buildings on lot
1
Stories
4
Year built
1907
Last altered
2016
Building material
Sales
Sale date
06/30/2015
Sale price
$1,931,600 - M
Tax
Tax year
2026-2027
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
16
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
57 ft x 105 ft
Lot sq. ft.
5,825

Area overview

Walk score
90 /100.  Very Walkable
Transit score
100 /100.  Rider's Paradise
Bike score
79 /100.  Very Bikeable
School district
13
Community district
3
Closest police station
0.12 Miles
Closest fire station
0.39 Miles

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

Ownership

Ownership information for 542 Gates Avenue, Brooklyn, NY

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

Sales history for 542 Gates Avenue, Brooklyn, NY 11221

Sale date Sale price Buyer name Seller name
06/30/2015 $1,931,600 XXXXXXX XXXXXXX XXXXXXXXXXX XXXX XXXXXXXXXXX X X X. XXXXXXX XXXXXXXXXXX XXXX XXXXXXXXXXX

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
11/01/2023 - R
10/11/2023 - D		 Agreement
(2023103100460004)		 XXXXXXX XXXXXXX XXXXXXXXXXX XXXX XXXXXXX XXX XXX XXXX XXXX XXXXXXX XXXXXXXXXXX XXXXXXXXXXX
08/08/2017 - R
05/11/2017 - D		 Sundry Agreement
(2017080400658001)		 XXXXXXX XXXXXXX XXXXXXXXXXX XXXX XXXXXXXXXXX XXX XXXX XX XXX XXXX XXXXXX XX XXX XXXXXXX XXX XX
05/18/2017 - R
05/11/2017 - D		 Agreement
(2017051601237001)		 XXXXXXX XXXXXXX XXXXXXXXXXX XXXX XXXXXXXXXXX XXXXXXXXXX XX XXXXXXX XXXXXXXXXXXX XXX XXXXXXXXXXX
08/17/2015 - R Initial UCC1
(2015081700338002)		 XXXXXXX XXXXXXX XXXXXXXXXXX XXXX XXXXXXXXXXX XXX XXXX XXXX XXXXXXX XXXXXXXXXXX XXXXXXXXXXX
08/17/2015 - R Initial UCC1
(2015081700338001)		 XXXXXXX XXXXXXX XXXXXXXXXXX XXXX XXXXXXXXXXX XXX XXXX XXXX XXXXXXX XXXXXXXXXXX XXXXXXXXXXX
07/16/2015 - R
06/30/2015 - D		 Sundry Miscellaneous
(2015070200141080)		 XXXX XX XXX XXXX XXXXXX XX XXX XXXXXXX XXX XXXX XXX XXXX XXXX XXXXXXX XXXXXXXXXXX XXXXXXXXXXX
07/16/2015 - R
06/30/2015 - D		 Sundry Miscellaneous
(2015070200141079)		 XXXX XX XXX XXXX XXXXXX XX XXX XXXXXXX XXX XXXX XXX XXXX XXXX XXXXXXX XXXXXXXXXXX XXXXXXXXXXX
07/16/2015 - R
06/30/2015 - D		 Agreement
(2015070200141078)		 XXXXXXX XXXXXXX XXXXXXXXXXX XXXX XXXXXXXXXXX XXXXX XXXX XXXXXXXXX XXXXXXX XXX
07/16/2015 - R
06/30/2015 - D		 Assignment, Mortgage
(2015070200141077)		 XXXXX X X XXXXX XXXX XXXXXXXXX XXXXXXX XXX
07/16/2015 - R
06/30/2015 - D		 Assignment, Mortgage
(2015070200141076)		 XXX XXXXX X X XXXXX XXXX XXXXXXXXX XXXXXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 542 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
Municipal exemptions
Recent tax assessments
Market value
$1,458,000
Assessed value
$656,100

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 $1,437,000 $646,650 $0 12.439% $80,437 $0 n/a
2024/25 $1,407,000 $633,150 $0 12.5% $79,144 $0 n/a
2023/24 $1,576,000 $709,200 $0 12.502% $84,715 $0 n/a
2022/23 $1,561,000 $702,450 $0 12.267% $78,927 $0 n/a
2021/22 $1,354,000 $609,300 $0 12.235% $68,293 $0 n/a
2020/21 $1,539,000 $692,550 $0 12.267% $60,070 $0 n/a
2019/20 $1,499,000 $674,550 $0 12.473% $48,967 $0 n/a
2018/19 $1,196,000 $538,200 $0 12.612% $37,730 $0 n/a
2017/18 $614,000 $276,300 $0 12.719% $29,740 $0 n/a
2016/17 $593,000 $266,850 $111,128 12.892% $27,197 $14,327 +22.73%
Permits

Permit information for 542 Gates Avenue, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
04/26/2016 Alteration type 2
10/22/2010 Alteration type 3
10/31/2002 Alteration type 3

*Most recent permits on record for this property.

More about New York City property records

Violations

DOB Violations

Violation ID Issue date Type Status
07/23/2014 Aeuhaz1-fail to certify class 1
02/13/2004 Ll6291-local law 62/91 - boilers
03/26/2002 Ll6291-local law 62/91 - boilers

*Most recent DOB violations on record for this property.

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

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)
0.46
View subway map

Access the detailed traffic volume map for 542 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 542 Gates Avenue, Brooklyn, NY

572 Gates Ave, Brooklyn 335 Tompkins Ave, Brooklyn 341 Tompkins Ave, Brooklyn 337 Tompkins Ave, Brooklyn 546 Gates Ave, Brooklyn 574 A Gates Ave, Brooklyn 331 Tompkins Ave, Brooklyn 339 Tompkins Ave, Brooklyn 474 Gates Ave, Brooklyn 558 Gates Ave, Brooklyn 540 Gates Ave, Brooklyn 538 Gates Ave, Brooklyn 333 Tompkins Ave, Brooklyn 552 Gates Ave, Brooklyn 554 Gates Ave, Brooklyn 560 Gates Ave, Brooklyn 536 Gates Ave, Brooklyn 550 Gates Ave, Brooklyn 556 Gates Ave, Brooklyn 574 Gates Ave, Brooklyn

Nearby ZIP codes for 542 Gates Avenue, Brooklyn, NY

11101, New York City, NY 11104, New York City, NY 11203, New York City, NY 11205, New York City, NY 11206, New York City, NY 11207, New York City, NY 11211, New York City, NY 11212, New York City, NY 11213, New York City, NY 11216, New York City, NY 11217, New York City, NY 11222, New York City, NY 11225, New York City, NY 11226, New York City, NY 11233, New York City, NY 11237, New York City, NY 11238, New York City, NY 11378, New York City, NY 11379, New York City, NY 11385, New York City, NY

Frequently asked questions

What is the year built for 542 Gates Avenue, Brooklyn, NY 11221?

The development at 542 Gates Avenue, Brooklyn, NY 11221 was built in 1907.

What is the total square footage of 542 Gates Avenue, Brooklyn, NY 11221?

542 Gates Avenue, Brooklyn, NY 11221 has a total of 20,000 square feet.

When was 542 Gates Avenue, Brooklyn, NY 11221 last sold and what was the sale price?

542 Gates Avenue, Brooklyn, NY 11221 was last sold on 06/30/2015 for $1,931,600.

What is the assessed value of 542 Gates Avenue, Brooklyn, NY 11221?

542 Gates Avenue, Brooklyn, NY 11221 is currently assessed at $656,100.

How many residential units does this building have?

This building has 16 residential unit(s).

Disclaimer

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