New York City  »  11221  »  Gates Ave  »  584 Gates Ave

584 Gates Avenue, Brooklyn, NY 11221 - Property report

Also known as: 584 Gates Ave

Property image for 584 Gates Avenue, Brooklyn, NY 11221
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Property type

Elevator Apartment - Semi-fireproof without Stores (D1)

Year built

2025

Lot sq. ft.

6,333

Sale price

$5,700,000

General information

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Address
Primary address
584 Gates Avenue
ZIP code
11221
Neighborhood
Bedford-Stuyvesant
Borough
Brooklyn
Block & lot
01815-0040

Owner

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Building
Property type
Elevator Apartment - Semi-fireproof without Stores (D1)
Buildings on lot
1
Year built
2025
Building material
Sales
Sale date
12/05/2024
Sale price
$5,700,000
Tax
Tax year
2026-2027
Property tax
$7,109
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
28
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
63.33 ft x 100 ft
Lot sq. ft.
6,333

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
0.15 Miles
Closest fire station
0.35 Miles

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Ownership information for 584 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 584 Gates Avenue, Brooklyn, NY 11221

Sale date Sale price Buyer name Seller name
12/05/2024 $5,700,000 XXX XXXXX XXX XXX XXX XXXXX XXX
03/30/2017 $1,695,000 XXXXXXX XXXXX XXX XXXXXX. XXX XXXXXXX, 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
07/14/2025 - R UCC3 Assignment
(2025071300020005)
XXX XXXXX XXX XXX XX XX XXXXXXX X XXX
07/14/2025 - R
05/29/2025 - D
Asgn of Asgn of L&R
(2025071300020004)
XX XX XXXXXXX X XXX XX XX XXXX XXXXXX XXXXXX X XXXXX
07/14/2025 - R
05/29/2025 - D
Asgn of Asgn of L&R
(2025071300020003)
XX XX XXXXXXX X XXX XX XX XXXX XXXXXX XXXXXX X XXXXX
07/14/2025 - R
05/29/2025 - D
Assignment, Mortgage
(2025071300020002)
XX XX XXXXXXX X XXX XX XX XXXX XXXXXX XXXXXX X XXXXX
07/14/2025 - R
05/29/2025 - D
Assignment, Mortgage
(2025071300020001)
XX XX XXXXXXX X XXX XX XX XXXX XXXXXX XXXXXX X XXXXX
12/23/2024 - R Initial UCC1
(2024121201112006)
XXX XXXXX XXX XXX XX XX XXXXXXX XXX XXX
12/23/2024 - R
12/05/2024 - D
Assignment of Leases and Rents
(2024121201112005)
XXX XXXXX XXX XXX XX XX XXXXXXX XXX XXX
12/23/2024 - R
12/05/2024 - D
Mortgage
(2024121201112004)
XXX XXXXX XXX XXX XX XX XXXXXXX XXX XXX
12/23/2024 - R
12/05/2024 - D
Assignment of Leases and Rents
(2024121201112003)
XXX XXXXX XXX XXX XX XX XXXXXXX XXX XXX
12/23/2024 - R
12/05/2024 - D
Mortgage
(2024121201112002)
XXX XXXXX XXX XXX XX XX XXXXXXX XXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 584 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
$7,109
Municipal exemptions
Recent tax assessments
Market value
$127,000
Assessed value
$57,150

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 $987,000 $444,150 $356,310 10.848% $38,653 $38,653 +5.38%
2024/25 $907,000 $408,150 $340,830 10.762% $36,680 $36,680 +5.88%
2023/24 $773,000 $347,850 $327,060 10.592% $34,642 $34,642 +8.90%
2022/23 $664,000 $298,800 $298,800 10.646% $31,810 $31,810 +4.66%
2021/22 $628,000 $282,600 $282,600 10.755% $30,394 $30,394 -11.76%
2020/21 $815,000 $366,750 $322,110 10.694% $34,446 $34,446 +8.17%
2019/20 $754,000 $339,300 $302,220 10.537% $31,845 $31,845 +6.57%
2018/19 $714,000 $321,300 $284,220 10.514% $29,883 $29,883 +5.83%
2017/18 $667,000 $300,150 $268,560 10.514% $28,236 $28,236 +15.99%
2016/17 $629,000 $283,050 $230,220 10.574% $24,343 $24,343 +16.97%

Permit information for 584 Gates Avenue, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
03/16/2026 Alteration
02/10/2026 Alteration
12/25/2025 Alteration
12/01/2025 Alteration
11/12/2025 Alteration

*Most recent permits on record for this property.

More about New York City property records

DOB Violations

No recently recorded violations 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
Throop Ave & Fulton St at NW Corner
Station lines
A-C
Distance (miles)
0.484

Access the detailed traffic volume map for 584 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

Frequently asked questions

What is the year built for 584 Gates Avenue, Brooklyn, NY 11221?

The development at 584 Gates Avenue, Brooklyn, NY 11221 was built in 2025.

When was 584 Gates Avenue, Brooklyn, NY 11221 last sold and what was the sale price?

584 Gates Avenue, Brooklyn, NY 11221 was last sold on 12/05/2024 for $5,700,000.

What is the assessed value of 584 Gates Avenue, Brooklyn, NY 11221?

584 Gates Avenue, Brooklyn, NY 11221 is currently assessed at $57,150.

What are the property taxes for 584 Gates Avenue, Brooklyn, NY 11221?

The property taxes for 584 Gates Avenue, Brooklyn, NY 11221 total $7,108.

How many residential units does this building have?

This building has 28 residential unit(s).

Disclaimer

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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.

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