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218 Gates Avenue, Brooklyn, NY 11238 Property Information

218 Gates Avenue, Brooklyn, NY 11238 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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218 Gates Avenue, Brooklyn, NY 11238 2
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Address

Primary address 218 Gates Avenue
Secondary address 218-220 Gates Ave
Neighborhood Bedford-Stuyvesant
Zip code 11238
Borough Brooklyn
Block & lot 01985-0014

Sales & Tax Overview for 218 Gates Avenue, Brooklyn

View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.

Purchase date 06/08/2017
Purchase price $9,976,509
Tax class

Lot & Building Information for 218 Gates Avenue, Brooklyn

Lot sqft 20,000
Lot dimensions 100 ft x 200 ft
Property type Home for Indigent Children, Aged, Homeless (N2)
Building sqft 43,520
Building dimensions 100 ft x 169 ft
Buildings on lot 1
Stories 5
Year built 1930
Year last altered 2000
Construction type
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Zoning & Use for 218 Gates Avenue, Brooklyn

Zoning
Residential units (DOF) 44
Regulated units
Commercial units 1

Area Overview

Walk Score
Transit Score
Bike Score


School district 13
Community district 3
Closest police station 0.34 Miles
Closest fire station 0.37 Miles

View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.

Other Property Data for 218 Gates Avenue, Brooklyn

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Floor area ratio (FAR) for 218 Gates Avenue, Brooklyn, NY 11238, including commercial and residential FAR, FAR as built and usable floor area.
Development maps such as planimetric, zoning, urban landscape, and HPD alternative enforcement program maps.
Violations for 218 Gates Avenue, Brooklyn, NY 11238, including DOB violations, ECB violations, HPD violations and 311 complaints.

Alternate Addresses

You will find all alternate addresses for the property in this section.

  • 218-220 Gates Ave, Brooklyn, NY 11238
  • 17-23 Monroe St, Brooklyn, NY 11238

About 218 Gates Avenue, Brooklyn

What is the year built & the total sq. ft. for 218 Gates Avenue, Brooklyn, NY 11238?

218 Gates Avenue, Brooklyn, NY 11238 was built in 1930 and has a total of 43,520 square feet.

What is the assessed value of 218 Gates Avenue, Brooklyn, NY 11238?

The assessed market value for the current tax year is $2,497,050.

When was 218 Gates Avenue, Brooklyn, NY 11238 last sold and what was the last sale price?

218 Gates Avenue, Brooklyn, NY 11238 was last sold in 06/08/2017 for $9,976,509.

How many residential units does this building have?

This building has 44 residential unit(s) and 1 commercial spaces.

Ownership Information for 218 Gates Avenue, Brooklyn

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Property owner name for 218 Gates Avenue, Brooklyn, NY 11238
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Building contacts for 218 Gates Avenue, Brooklyn, NY 11238
Building management:
Representatives (from permits):
Tenants:
Real Estate Reports:
Eliza Theiss, Apr 23, 2026 $4.6M Hudson Yards Maintains Top Spot, Luxury Sales in Malba Set $2.5M Price Record for Queens
Despite prices declining, Hudson Yards remained the most expensive NYC neighborhood, but TriBeCa’s growth closed the gap to under $400,000, while Malba set a new historic price record for Queens at $2.5 million, securing the highest ranking ever for the borough at #5.
Eliza Theiss, Mar 19, 2026 Cheaper in the City? Nearly 100 Communities in Suburban NYC Surpass $1M
New Yorkers planning a move to the suburbs increasingly find their options limited, after suburban home values shot up twice as fast as NYC medians over the last decade. While larger homes and better prices were long the norm outside the five boroughs, today, many NYC buyers find their option restricted to a handful of suburban markets.
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Past Sales & Property History for 218 Gates Avenue, Brooklyn

Create a free account to view the complete sales history for 218 Gates Avenue, Brooklyn, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Purchase date Purchase price Buyer name Seller name
06/08/2017 $9,976,509
06/08/2017 $9,936,761
12/31/2014 $4,228,154
       
       
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*Here are the three most recent sales for this property.

Title Documents for 218 Gates Avenue, Brooklyn

To view the complete history of deeds, mortgages, assignments of leases and rents, and more, sign up for free. Available data goes back to 1966.

Date Type Amount Party 1 Party 2 Doc image
06/03/2024 - D
10/30/2024 - R
Agreement
(2024102801012001)
06/08/2017 - D
06/20/2017 - R
Sundry Miscellaneous
(2017061500759004)
06/08/2017 - D
06/20/2017 - R
Agreement
(2017061500759003)
06/08/2017 - D
06/20/2017 - R
Deed
(2017061500759001)
06/08/2017 - D
06/19/2017 - R
Both RPTT and RETT
(2017061400841001)
06/01/2017 - D
06/20/2017 - R
Satisfaction of Mortgage
(2017061500759002)
12/31/2014 - D
01/26/2015 - R
Both RPTT and RETT
(2014123001321001)
06/03/2004 - D
07/04/2004 - R
Agreement
(2004060301679001)
12/31/2003 - D
02/19/2004 - R
Satisfaction of Mortgage
(2004010500225001)
04/06/2001 - R Mortgage
(3290007596529)
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R: Recorded date
D: Document date

Property Taxes for 218 Gates Avenue, Brooklyn

Access detailed property tax data for 218 Gates Avenue, Brooklyn, NY 11238. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Property tax: $0
Tax assessor's market value: $5,549,000
Assessed value: $2,497,050
Exemptions granted by city:

Assessment History for 218 Gates Avenue, Brooklyn

Here's the assessment & property tax history for 218 Gates Avenue, Brooklyn, including the evolution of the total tax rate and corresponding property tax.

Year Market value Assessed value Taxable Tax rate % Base tax Property tax Year over year change
2025/26 $5,549,000 $2,497,050 $0 10.848% $254,439 $0 n/a
2024/25 $5,468,000 $2,460,600 $0 10.762% $253,971 $0 n/a
2023/24 $5,358,000 $2,411,100 $0 10.592% $250,655 $0 n/a
2022/23 $5,052,000 $2,273,400 $0 10.646% $242,026 $0 n/a
2021/22 $4,634,000 $2,085,300 $0 10.755% $224,274 $0 n/a

Permits for 218 Gates Avenue, Brooklyn

The complete history of permits filed for 218 Gates Avenue, Brooklyn, including new construction or demolition permits, plus any work pertaining to plumbing, heating and sprinkler systems is available with a free account. Available data goes back to 1990.

Filing date Job type Job status Job description Initial cost
07/31/2023 Alteration
07/20/2023 Alteration
01/03/2023 Alteration
11/09/2016 Alteration type 2
05/20/2002 Alteration type 1
03/12/2002 Alteration type 1
03/12/2002 Alteration type 1
02/14/2002 Alteration type 1
10/12/2001 Alteration type 2
09/10/2001 Alteration type 1
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Brooklyn Commercial Market Stats

Access a detailed real estate market overview of Brooklyn so you can assess current trends, property values, types of properties sold and transaction volume. View the median price per sqft in Brooklyn and compare it to other boroughs in New York City.

Median Price/Sqft Q1/2026
$426
-10.8% YoY
Median Price/Sqft Q4/2025
$493
11.7% YoY
Median Price/Sqft 2025
$492
6.6% YoY

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Risk

FEMA flood zone(s): X (See more on map)

Transportation

Distance to Subway
Closest station Classon Ave & Lafayette Ave at SE Corner
Station lines G
Distance (miles) 0.276
View subway map
Bus Routes
Name Gates Av/Classon Av
Line B52
Distance (miles) 0.047

Neighbors for 218 Gates Avenue, Brooklyn

Here are the neighbors for 218 Gates Avenue, Brooklyn, NY 11238.

Address Square feet Purchase date Purchase price
240 Gates Ave, Brooklyn 2,016 04/30/2012
63 Putnam Ave, Brooklyn 1,992 03/04/2013 $665,000
250 Gates Ave, Brooklyn 4,687 12/11/2014
256 Gates Ave, Brooklyn 14,600 01/31/2011
260 Gates Ave, Brooklyn 13,320 01/31/2011
461 Classon Ave, Brooklyn 3,600 02/08/2024
463 Classon Ave, Brooklyn 3,600 12/01/1992
248 Gates Ave, Brooklyn 4,281 11/12/2009 $967,000
455 Classon Ave, Brooklyn 3,600 06/02/2003
65 Putnam Ave, Brooklyn 25,100
236 Gates Ave, Brooklyn 4,000 02/11/1999
242 Gates Ave, Brooklyn 2,912 12/27/2023 $3,250,000
244 Gates Ave, Brooklyn 3,748 10/23/2017
246 Gates Ave, Brooklyn 5,140 04/03/2026 $3,600,000
457 Classon Ave, Brooklyn 2,700 04/05/2001
459 Classon Ave, Brooklyn 3,600 01/12/2022 $1
1 Monroe St, Brooklyn 3,120 04/15/2014
254 Gates Ave, Brooklyn 4,996 01/07/2013 $2,200,000
453 Classon Ave, Brooklyn 4,774 06/18/2003 $731,404
480 Classon Ave, Brooklyn 3,264 10/22/2010
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