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Gates Plaza Senior - 1245 Gates Avenue, Brooklyn, NY 11221 Property Information

Gates Plaza Senior - 1245 Gates Avenue, Brooklyn, NY 11221 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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Gates Plaza Senior - 1245 Gates Avenue, Brooklyn, NY 11221 1
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Address

Building name Gates Plaza Senior
Primary address Gates Plaza Senior - 1245 Gates Avenue
Secondary address 1237-1255 Gates Ave
Neighborhood Bushwick
Zip code 11221
Borough Brooklyn
Block & lot 03332-0047

Sales & Tax Overview for 1245 Gates Avenue, Brooklyn

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Purchase date 09/27/2006
Purchase price $41,914
Tax class

Lot & Building Information for 1245 Gates Avenue, Brooklyn

Lot sqft 17,000
Lot dimensions 170 ft x 100 ft
Building class Elevator Apartment - Semi-fireproof without Stores (D1) i
Building sqft 66,300
Building dimensions 170 ft x 55 ft
Buildings on lot 1
Stories 6
Year built 2008
Construction type
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Zoning & Use for 1245 Gates Avenue, Brooklyn

Zoning
Qualified opportunity zone
Residential units (DOF) 83
Residential sqft

Area Overview

Walk Score
Transit Score
Bike Score


School district 32
Community district 4
Closest police station 0.27 Miles
Closest fire station 0.27 Miles

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

Other Property Data for 1245 Gates Avenue, Brooklyn

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Floor area ratio (FAR) for Gates Plaza Senior - 1245 Gates Avenue, Brooklyn, NY 11221, 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 Gates Plaza Senior - 1245 Gates Avenue, Brooklyn, NY 11221, including DOB violations, ECB violations, HPD violations and 311 complaints.

Alternate Addresses

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

  • 1237-1255 Gates Ave, Brooklyn, NY 11221

About 1245 Gates Avenue, Brooklyn

What is the year built & the total sq. ft. for Gates Plaza Senior - 1245 Gates Avenue, Brooklyn, NY 11221?

Gates Plaza Senior - 1245 Gates Avenue, Brooklyn, NY 11221 was built in 2008 and has a total of 66,300 square feet.

What is the assessed value of Gates Plaza Senior - 1245 Gates Avenue, Brooklyn, NY 11221?

The assessed market value for the current tax year is $3,654,000.

When was Gates Plaza Senior - 1245 Gates Avenue, Brooklyn, NY 11221 last sold and what was the last sale price?

Gates Plaza Senior - 1245 Gates Avenue, Brooklyn, NY 11221 was last sold in 09/27/2006 for $41,914.

How many residential units does this building have?

This building has 83 residential unit(s).

Ownership Information for 1245 Gates Avenue, Brooklyn

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Property owner name for Gates Plaza Senior - 1245 Gates Avenue, Brooklyn, NY 11221
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Building contacts for Gates Plaza Senior - 1245 Gates Avenue, Brooklyn, NY 11221
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.
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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 1245 Gates Avenue, Brooklyn

Create a free account to view the complete sales history for 1245 Gates Avenue, Brooklyn, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Purchase date Purchase price Buyer name Seller name
09/27/2006 $41,914

Title Documents for 1245 Gates Avenue, Brooklyn

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Date Type Amount Party 1 Party 2 Doc image
09/27/2006 - D
10/12/2006 - R
Mortgage
(2006100201166002)
09/27/2006 - D
10/12/2006 - R
Deed
(2006100201166001)
09/27/2006 - D
10/11/2006 - R
Sundry Agreement
(2006100200706004)
09/27/2006 - D
10/11/2006 - R
Sundry Agreement
(2006100200706003)
09/27/2006 - D
10/11/2006 - R
Agreement
(2006100200706002)
09/27/2006 - D
10/11/2006 - R
Agreement
(2006100200706001)
09/27/2006 - D
10/11/2006 - R
Initial UCC1
(2006100200662001)
12/29/1999 - R Sundry Miscellaneous
(3410006934041)
12/29/1999 - R Sundry Miscellaneous
(3320006934032)
11/24/1998 - R Agreement
(FT_3800006343480)
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R: Recorded date
D: Document date

Property Taxes for 1245 Gates Avenue, Brooklyn

Access detailed property tax data for Gates Plaza Senior - Gates Plaza Senior - 1245 Gates Avenue, Brooklyn, NY 11221. 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: $8,120,000
Assessed value: $3,654,000
Exemptions granted by city:

Assessment History for 1245 Gates Avenue, Brooklyn

Here's the assessment & property tax history for 1245 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 $8,120,000 $3,654,000 $0 12.439% $454,521 $0 n/a
2024/25 $7,821,000 $3,519,450 $0 12.5% $439,931 $0 n/a
2023/24 $8,794,000 $3,957,300 $0 12.502% $476,390 $0 n/a
2022/23 $8,819,000 $3,968,550 $0 12.267% $450,687 $0 n/a
2021/22 $7,635,000 $3,435,750 $0 12.235% $420,364 $0 n/a

Permits for 1245 Gates Avenue, Brooklyn

The complete history of permits filed for 1245 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
08/06/2019 Alteration type 2
04/14/2010 Alteration type 2
         
         
         
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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 Q3/2025
$495
3.7% YoY
Median Price/Sqft Q2/2025
$503
7% YoY
Median Price/Sqft 2024
$470
2.1% YoY

Check out recently sold homes in Brooklyn and see how their prices compare.

Risk

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

Transportation

Distance to Subway
Closest station Linden St & Broadway at NW Corner
Station lines J-Z
Distance (miles) 0.317
View subway map
Bus Routes
Name Gates Av/Central Av
Line B52
Distance (miles) 0.042

Neighbors for 1245 Gates Avenue, Brooklyn

Here are the neighbors for Gates Plaza Senior - Gates Plaza Senior - 1245 Gates Avenue, Brooklyn, NY 11221.

Address Square feet Purchase date Purchase price
116 Linden St, Brooklyn 1,960 04/11/1995
376 Central Ave, Brooklyn 6,000 10/10/2014 $750,000
1233 Gates Ave, Brooklyn 3,300 10/30/2019
112 Linden St, Brooklyn 1,960 10/28/2024
138 Linden St, Brooklyn 1,960 06/29/2015 $635,000
136 Linden St, Brooklyn 1,936 05/22/1995
1235 Gates Ave, Brooklyn 2,100 04/07/2025 $1,650,000
1257 Gates Ave, Brooklyn 2,500 02/14/1991
388 Central Ave, Brooklyn 3,600 10/18/2001
132 Linden St, Brooklyn 1,936
1225 Gates Ave, Brooklyn 3,186 06/03/2019 $10
114 Linden St, Brooklyn 1,960 08/19/2019 $900,000
374 Central Ave, Brooklyn 4,125 02/21/2017
130 Linden St, Brooklyn 1,936
1229 Gates Ave, Brooklyn 2,100 12/22/2022 $130,000
1227 Gates Ave, Brooklyn 2,100 01/19/2018 $630,000
108 Linden St, Brooklyn 1,960 04/11/1995
110 Linden St, Brooklyn 1,960 11/16/2023 $990,000
378 Central Ave, Brooklyn 4,125 07/06/2012
134 Linden St, Brooklyn 1,936 03/01/1997
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