Kings  »  11221  »  Gates Ave  »  1087 Gates Ave

1087 Gates Avenue, Brooklyn, NY 11221 - Property report

Also known as: 1087 Gates Ave

Property image for 1087 Gates Avenue, Brooklyn, NY 11221
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Property type

Five to Six Families (C2)

Year built

1910

Lot sq. ft.

2,000

Sale price

$960,000

General information

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Address
Primary address
1087 Gates Avenue
ZIP code
11221
Neighborhood
Bushwick
Borough
Brooklyn
Block & lot
03330-0042

Owner

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Building
Property type
Five to Six Families (C2)
Building sq. ft.
5,079
Building dimensions
20 ft x 45 ft
Buildings on lot
1
Stories
5
Year built
1910
Last altered
2017
Building material
Sales
Sale date
07/29/2015
Sale price
$960,000
Tax
Tax year
2026-2027
Property tax
$9,450
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
6
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
20 ft x 100 ft
Lot sq. ft.
2,000

Area overview

Walk score
87 /100.  Very Walkable
Transit score
96 /100.  Rider's Paradise
Bike score
77 /100.  Very Bikeable
School district
32
Community district
4
Closest police station
0.12 Miles
Closest fire station
0.57 Miles

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

Ownership

Ownership information for 1087 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 1087 Gates Avenue, Brooklyn, NY 11221

Sale date Sale price Buyer name Seller name
07/29/2015 $960,000 XXXXX XXXXXXXX XXX XXXXXX XX XXXXXXX XXXX XXX XXXXXXX XXXXXXXX XX XXXXXX XXXXXXXXXXXXX

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
02/13/2023 - R UCC3 Termination
(2023021300042001)		 XXXXX XXXXXXXX XXX XXXXXXXXXX XXXXX XXXXXXXX XXXXXXXXXXX XX XXXXXXX
12/21/2022 - R Initial UCC1
(2022121800001005)		 XXXXX XXXXXXXX XXX XXXXXX XXXX
08/03/2022 - R UCC3 Termination
(2022080100830001)		 XXXXX XXXXXXXX XXX XXXXXXXXXX XXXXX XXXXXXXX XXXXXXXXXXX XX XXXXXXX
12/21/2022 - R
07/27/2022 - D		 Assignment of Leases and Rents
(2022121800001004)		 XXXXX XXXXXXXX XXX XXXXXX XXXX
12/21/2022 - R
07/27/2022 - D		 Agreement
(2022121800001003)		 XXXXX XXXXXXXX XXX XXXXXX XXXX
12/21/2022 - R
07/27/2022 - D		 Mortgage
(2022121800001002)		 XXXXX XXXXXXXX XXX XXXXXX XXXX
12/21/2022 - R
06/22/2022 - D		 Assignment, Mortgage
(2022121800001001)		 XXXXXXXXXX XXXXX XX XXXXXX XXXX
09/03/2019 - R UCC3 Assignment
(2019083000209002)		 XXXXX XXXXXXXX XXX XXXXXXX XXXX XXXX XXXXXXXX XXXXXXXXXXX
09/03/2019 - R
08/07/2019 - D		 Assignment, Mortgage
(2019083000209001)		 XXXXXXX XXXX XXXX XXXXXXXX XXXXXXXXXXX XXXXXXXXXX XXXXX XXXXXXXX XXXXXXXXXXX XX XXXXXXX
04/03/2019 - R Initial UCC1
(2019032800957005)		 XXXXX XXXXXXXX XXX XXXXXXX XXXX XXXX XXXXXXXX XXXXXXXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 1087 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
$9,450
Municipal exemptions
Recent tax assessments
Market value
$1,606,000
Assessed value
$722,700

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 $1,338,000 $602,100 $74,790 12.439% $9,303 $9,303 +7.40%
2024/25 $1,114,800 $501,660 $69,297 12.5% $8,662 $8,662 +7.98%
2023/24 $929,000 $418,050 $64,164 12.502% $8,022 $8,022 +10.07%
2022/23 $913,000 $410,850 $59,411 12.267% $7,288 $7,288 +1.93%
2021/22 $730,300 $328,635 $58,436 12.235% $7,150 $7,150 +1.31%
2020/21 $709,000 $319,050 $57,531 12.267% $7,057 $7,057 -1.65%
2019/20 $661,000 $297,450 $57,531 12.473% $7,176 $7,176 +120.29%
2018/19 $658,000 $296,100 $25,828 12.612% $3,257 $3,257 +152.42%
2017/18 $392,000 $176,400 $10,146 12.719% $1,290 $1,290 +6.53%
2016/17 $356,000 $160,200 $9,396 12.892% $1,211 $1,211 +8.08%
Permits

Permit information for 1087 Gates Avenue, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
11/22/2017 Alteration type 2
11/07/2017 Alteration type 2
07/18/2017 Alteration type 3
07/17/2017 Alteration type 3
01/04/2017 Alteration type 2

*Most recent permits on record for this property.

More about New York City property records

Violations

DOB Violations

No recently recorded violations 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
Linden St & Broadway at NW Corner
Station lines
J-Z
Distance (miles)
0.062
View subway map

Access the detailed traffic volume map for 1087 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 1087 Gates Avenue, Brooklyn, NY

1028 Bushwick Ave, Brooklyn 36 Linden St, Brooklyn 1349 Broadway, Brooklyn 64 Linden St, Brooklyn 66 Linden St, Brooklyn 32 Linden St, Brooklyn 28 Linden St, Brooklyn 1367 Broadway, Brooklyn 1357 Broadway, Brooklyn 1040 Bushwick Ave, Brooklyn 30 Linden St, Brooklyn 1083 Gates Ave, Brooklyn 60 Linden St, Brooklyn 34 Linden St, Brooklyn 1089 Gates Ave, Brooklyn 26 Linden St, Brooklyn 68 Linden St, Brooklyn 1363 Broadway, Brooklyn 70 Linden St, Brooklyn 1091 Gates Ave, Brooklyn

Nearby ZIP codes for 1087 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 1087 Gates Avenue, Brooklyn, NY 11221?

The development at 1087 Gates Avenue, Brooklyn, NY 11221 was built in 1910.

What is the total square footage of 1087 Gates Avenue, Brooklyn, NY 11221?

1087 Gates Avenue, Brooklyn, NY 11221 has a total of 5,079 square feet.

When was 1087 Gates Avenue, Brooklyn, NY 11221 last sold and what was the sale price?

1087 Gates Avenue, Brooklyn, NY 11221 was last sold on 07/29/2015 for $960,000.

What is the assessed value of 1087 Gates Avenue, Brooklyn, NY 11221?

1087 Gates Avenue, Brooklyn, NY 11221 is currently assessed at $722,700.

What are the property taxes for 1087 Gates Avenue, Brooklyn, NY 11221?

The property taxes for 1087 Gates Avenue, Brooklyn, NY 11221 total $9,449.

How many residential units does this building have?

This building has 6 residential unit(s).

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