Kings  »  11221  »  Gates Ave  »  552 Gates Ave

552 Gates Avenue, Brooklyn, NY 11221 - Property report

Also known as: 552 Gates Ave

Property image for 552 Gates Avenue, Brooklyn, NY 11221
static Mapbox map

Property type

Over Six Families without Stores (C1)

Year built

1931

Lot sq. ft.

2,442

Sale price

$3,400,000

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
552 Gates Avenue
ZIP code
11221
Neighborhood
Bedford-Stuyvesant
Borough
Brooklyn
Block & lot
01815-0021

Owner

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Building
Property type
Over Six Families without Stores (C1)
Building sq. ft.
8,302
Building dimensions
24.42 ft x 85 ft
Buildings on lot
1
Stories
4
Year built
1931
Last altered
2016
Building material
Sales
Sale date
09/21/2018
Sale price
$3,400,000
Tax
Tax year
2026-2027
Property tax
$12,683
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
24.42 ft x 100 ft
Lot sq. ft.
2,442

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
0.41 Miles

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

Ownership

Ownership information for 552 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 552 Gates Avenue, Brooklyn, NY 11221

Sale date Sale price Buyer name Seller name
09/21/2018 $3,400,000 XX XXXXXXXX XXXXXXXXX XXXXX XXX XXXXXXXXXXX XXXXXXXXXX XXX XXX
11/10/2015 $2,000,000 XXXXXXXXXXX XXXXXXXXXX XXX XXX XXXXX, XXXXXX

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
02/07/2025 - R
01/29/2025 - D		 Agreement
(2025020300495002)		 XX XXXXXXXX XXXXXXXXX XXXXX XXX XXX XXXX X XX XXXX XXXXXXX XXX
11/06/2024 - R
10/08/2024 - D		 Agreement
(2024103000333002)		 XX XXXXXXXX XXXXXXXXX XXXXX XXX XXX XXXX X XX XXXX XXXXXXX XXX
09/12/2024 - R
08/29/2024 - D		 Agreement
(2024090500752004)		 XX XXXXXXXX XXXXXXXXX XXXXX XXX XXX XXXX X XX XXXX XXXXXXX XXX
09/12/2024 - R
08/23/2024 - D		 Asgn of Asgn of L&R
(2024090500752002)		 XXXXXXX XXXXXXX XXXXXXXXX XXXX XXX XXXXXXXXX XXXX XXX XXXX X XX XXXX XXXXXXX XXX
09/12/2024 - R
08/23/2024 - D		 Assignment, Mortgage
(2024090500752001)		 XXXXXXX XXXXXXX XXXXXXXXX XXXX XXX XXXXXXXXX XXXX XXX XXXX X XX XXXX XXXXXXX XXX
07/14/2023 - R
06/29/2023 - D		 Agreement
(2023071100033001)		 XX XXXXXXXX XXXXXXXXX XXXXX XXX XXXXXXX XXXXXXX XXXXXXXXX XXXXXXXXXXX
02/22/2023 - R
02/01/2023 - D		 Agreement
(2023021000570002)		 XX XXXXXXXX XXXXXXXXX XXXXX XXX XXXXXXXXX XXXX
11/01/2022 - R
10/20/2022 - D		 Agreement
(2022102400547003)		 XX XXXXXXXX XXXXXXXXX XXXXX XXX XXXXXXXXX XXXX
10/11/2018 - R Initial UCC1
(2018101100567001)		 XX XXXXXXXX XXXXXXXXX XXXXX XXX XXXXXXXXX XXXX
10/09/2018 - R UCC3 Termination
(2018100500780034)		 XXXXXXXXXXX XXXXXXXXXX XXX XXX XXXXXXXX XXXXXXX XXXXXX XXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 552 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
$12,683
Municipal exemptions
Recent tax assessments
Market value
$1,721,000
Assessed value
$774,450

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 $1,434,000 $645,300 $101,963 12.439% $12,683 $12,683 +2.74%
2024/25 $1,195,200 $537,840 $98,764 12.5% $12,346 $12,346 +7.95%
2023/24 $996,000 $448,200 $91,480 12.502% $11,437 $11,437 +10.07%
2022/23 $979,000 $440,550 $84,704 12.267% $10,391 $10,391 +8.28%
2021/22 $783,000 $352,350 $78,433 12.235% $9,596 $9,596 -0.26%
2020/21 $760,000 $342,000 $78,433 12.267% $9,621 $9,621 +1.53%
2019/20 $708,000 $318,600 $75,972 12.473% $9,476 $9,476 +6.77%
2018/19 $590,000 $265,500 $70,369 12.612% $8,875 $8,875 +7.09%
2017/18 $524,000 $235,800 $65,157 12.719% $8,287 $8,287 +6.55%
2016/17 $419,000 $188,550 $60,333 12.892% $7,778 $7,778 +0.07%
Permits

Permit information for 552 Gates Avenue, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
11/01/2016 Alteration type 2
08/10/2016 Alteration type 2

*Most recent permits on record for this property.

More about New York City property records

Violations

DOB Violations

Violation ID Issue date Type Status
06/20/2023 Lblvio-low pressure boiler boiler required
02/24/2017 Lblvio-low pressure boiler
01/01/2009 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)
0.476
View subway map

Access the detailed traffic volume map for 552 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 552 Gates Avenue, Brooklyn, NY

572 Gates Ave, Brooklyn 580 Gates Ave, Brooklyn 335 Tompkins Ave, Brooklyn 542 Gates Ave, Brooklyn 337 Tompkins Ave, Brooklyn 574 A Gates Ave, Brooklyn 546 Gates Ave, Brooklyn 331 Tompkins Ave, Brooklyn 580 A Gates Ave, Brooklyn 558 Gates Ave, Brooklyn 540 Gates Ave, Brooklyn 538 Gates Ave, Brooklyn 333 Tompkins Ave, Brooklyn 554 Gates Ave, Brooklyn 560 Gates Ave, Brooklyn 536 Gates Ave, Brooklyn 556 Gates Ave, Brooklyn 574 Gates Ave, Brooklyn 576 Gates Ave, Brooklyn 550 Gates Ave, Brooklyn

Nearby ZIP codes for 552 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 552 Gates Avenue, Brooklyn, NY 11221?

The development at 552 Gates Avenue, Brooklyn, NY 11221 was built in 1931.

What is the total square footage of 552 Gates Avenue, Brooklyn, NY 11221?

552 Gates Avenue, Brooklyn, NY 11221 has a total of 8,302 square feet.

When was 552 Gates Avenue, Brooklyn, NY 11221 last sold and what was the sale price?

552 Gates Avenue, Brooklyn, NY 11221 was last sold on 09/21/2018 for $3,400,000.

What is the assessed value of 552 Gates Avenue, Brooklyn, NY 11221?

552 Gates Avenue, Brooklyn, NY 11221 is currently assessed at $774,450.

What are the property taxes for 552 Gates Avenue, Brooklyn, NY 11221?

The property taxes for 552 Gates Avenue, Brooklyn, NY 11221 total $12,683.

How many residential units does this building have?

This building has 8 residential unit(s).

Disclaimer

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