Kings  »  11221  »  Gates Ave  »  558 Gates Ave

558 Gates Avenue, Brooklyn, NY 11221 - Property report

Also known as: 558 Gates Ave

Property image for 558 Gates Avenue, Brooklyn, NY 11221
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Property type

Over Six Families without Stores (C1)

Year built

1931

Lot sq. ft.

2,483

Sale price

$940,000

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
558 Gates Avenue
ZIP code
11221
Neighborhood
Bedford-Stuyvesant
Borough
Brooklyn
Block & lot
01815-0024

Owner

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Building
Property type
Over Six Families without Stores (C1)
Building sq. ft.
8,442
Building dimensions
24.83 ft x 85 ft
Buildings on lot
1
Stories
4
Year built
1931
Last altered
2014
Building material
Sales
Sale date
02/13/2014
Sale price
$940,000
Tax
Tax year
2026-2027
Property tax
$22,314
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
24.83 ft x 100 ft
Lot sq. ft.
2,483

Area overview

Walk score
91 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
81 /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 558 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 558 Gates Avenue, Brooklyn, NY 11221

Sale date Sale price Buyer name Seller name
02/13/2014 $940,000 XXX XXXXX XXXXXX XXX XXXXX, XXXX XXX XXXX XXXXXXX, XXXXXX XXX XXXX, XXXXX XXX XXX XXXX XXXXXX XXXXXXXXX XXXXX

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
07/15/2022 - R Initial UCC1
(2022071101312006)		 XXX XXXXX XXXXXX XXX XXXXXXX XXXXXXX XXXX XXX
07/15/2022 - R
06/29/2022 - D		 Assignment of Leases and Rents
(2022071101312005)		 XXX XXXXX XXXXXX XXX XXXXXXX XXXXXXX XXXX XXX
07/15/2022 - R
06/29/2022 - D		 Agreement
(2022071101312004)		 XXX XXXXX XXXXXX XXX XXXXXXX XXXXXXX XXXX XXX
07/15/2022 - R
06/29/2022 - D		 Mortgage
(2022071101312003)		 XXX XXXXX XXXXXX XXX XXXXXXX XXXXXXX XXXX XXX
07/15/2022 - R
06/23/2022 - D		 Assignment, Mortgage
(2022071101312002)		 XXXXXXXXX XXXX XXXXXXX XXXXXXX XXXX XXX
07/15/2022 - R
06/23/2022 - D		 Termination of Assign of L&R
(2022071101312001)		 XXXXXXXXX XXXX XXX XXXXX XXXXXX XXX
07/06/2017 - R Initial UCC1
(2017070501189006)		 XXX XXXXX XXXXXX XXX XXXXXXXXX XXXX
06/28/2017 - R UCC3 Termination
(2017062800423001)		 XXX XXXXX XXXXXX XXX XXXXXX XXXXXXXX XXXX
07/06/2017 - R
06/27/2017 - D		 Assignment of Leases and Rents
(2017070501189005)		 XXX XXXXX XXXXXX XXX XXXXXXXXX XXXX
07/06/2017 - R
06/27/2017 - D		 Agreement
(2017070501189004)		 XXX XXXXX XXXXXX XXX XXXXXXXXX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 558 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
$22,314
Municipal exemptions
Recent tax assessments
Market value
$2,387,000
Assessed value
$1,074,150

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 $1,992,000 $896,400 $167,092 12.439% $20,785 $20,785 +7.47%
2024/25 $1,784,000 $802,800 $154,715 12.5% $19,339 $19,339 +7.98%
2023/24 $1,585,000 $713,250 $143,255 12.502% $17,910 $17,910 +5.81%
2022/23 $1,321,000 $594,450 $137,988 12.267% $16,927 $16,927 +0.26%
2021/22 $1,057,000 $475,650 $137,988 12.235% $16,883 $16,883 +1.30%
2020/21 $1,026,000 $461,700 $135,864 12.267% $16,666 $16,666 +3.96%
2019/20 $956,000 $430,200 $128,527 12.473% $16,031 $16,031 +99.92%
2018/19 $552,000 $248,400 $63,581 12.612% $8,019 $8,019 +5.91%
2017/18 $490,000 $220,500 $59,529 12.719% $7,571 $7,571 -1.34%
2016/17 $392,010 $176,404 $59,529 12.892% $7,674 $7,674 +2.89%
Permits

Permit information for 558 Gates Avenue, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
11/19/2014 Alteration type 2
04/30/2014 Alteration type 3
03/03/2014 Alteration type 2
05/09/2001 Alteration type 2
05/09/2001 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
10/01/2015 Lblvio-low pressure boiler

*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)
0.487
View subway map

Access the detailed traffic volume map for 558 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 558 Gates Avenue, Brooklyn, NY

572 Gates Ave, Brooklyn 580 Gates Ave, Brooklyn 399 Monroe St, Brooklyn 542 Gates Ave, Brooklyn 574 A Gates Ave, Brooklyn 546 Gates Ave, Brooklyn 331 Tompkins Ave, Brooklyn 580 A Gates Ave, Brooklyn 584 Gates Ave, Brooklyn 492 Throop Ave, Brooklyn 540 Gates Ave, Brooklyn 538 Gates Ave, Brooklyn 560 Gates Ave, Brooklyn 554 Gates Ave, Brooklyn 552 Gates Ave, Brooklyn 536 Gates Ave, Brooklyn 574 Gates Ave, Brooklyn 576 Gates Ave, Brooklyn 556 Gates Ave, Brooklyn 550 Gates Ave, Brooklyn

Nearby ZIP codes for 558 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 558 Gates Avenue, Brooklyn, NY 11221?

The development at 558 Gates Avenue, Brooklyn, NY 11221 was built in 1931.

What is the total square footage of 558 Gates Avenue, Brooklyn, NY 11221?

558 Gates Avenue, Brooklyn, NY 11221 has a total of 8,442 square feet.

When was 558 Gates Avenue, Brooklyn, NY 11221 last sold and what was the sale price?

558 Gates Avenue, Brooklyn, NY 11221 was last sold on 02/13/2014 for $940,000.

What is the assessed value of 558 Gates Avenue, Brooklyn, NY 11221?

558 Gates Avenue, Brooklyn, NY 11221 is currently assessed at $1,074,150.

What are the property taxes for 558 Gates Avenue, Brooklyn, NY 11221?

The property taxes for 558 Gates Avenue, Brooklyn, NY 11221 total $22,313.

How many residential units does this building have?

This building has 8 residential unit(s).

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