Kings  »  11237  »  Gates Ave  »  1485 Gates Ave

1485 Gates Avenue, Brooklyn, NY 11237 - Property report

Also known as: 1485 Rear Gates Ave

Property image for 1485 Gates Avenue, Brooklyn, NY 11237
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Property type

Elevator Apartment - Semi-fireproof without Stores (D1)

Year built

2015

Lot sq. ft.

3,065

Sale price

$735,000

General information

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Address
Primary address
1485 Gates Avenue
Alternate address(es)
1485 Rear Gates Ave
ZIP code
11237
Neighborhood
Bushwick
Borough
Brooklyn
Block & lot
03335-0041

Owner

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Building
Property type
Elevator Apartment - Semi-fireproof without Stores (D1)
Building sq. ft.
8,722
Building dimensions
25 ft x 72 ft
Buildings on lot
2
Stories
5
Year built
2015
Building material
Sales
Sale date
10/15/2013
Sale price
$735,000
Tax
Tax year
2026-2027
Property tax
$17,791
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
10
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
25 ft x 122.58 ft
Lot sq. ft.
3,065

Area overview

Walk score
98 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
90 /100.  Biker's Paradise
School district
32
Community district
4
Closest police station
0.18 Miles
Closest fire station
0.11 Miles

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Ownership information for 1485 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 1485 Gates Avenue, Brooklyn, NY 11237

Sale date Sale price Buyer name Seller name
10/15/2013 $735,000 XXXX XXXXX XXX XXXXXXX XXXXXXXXX XXXXXXXXXXXXX XX XXXXXX XXXXXXXX

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
11/22/2022 - R Initial UCC1
(2022112000003007)
XXXX XXXXX XXX XXXXXX XXXX
11/22/2022 - R UCC3 Termination
(2022112000003001)
XXXX XXXXX XXX XXXXXXXXXXX XXXX
11/22/2022 - R
11/10/2022 - D
Assignment of Leases and Rents
(2022112000003006)
XXXX XXXXX XXX XXXXXX XXXX
11/22/2022 - R
11/10/2022 - D
Agreement
(2022112000003005)
XXXX XXXXX XXX XXXXXX XXXX
11/22/2022 - R
11/10/2022 - D
Mortgage
(2022112000003004)
XXXX XXXXX XXX XXXXXX XXXX
11/22/2022 - R
11/10/2022 - D
Assignment, Mortgage
(2022112000003003)
XXXXXXXXXXX XXXX XXXXXX XXXX
11/22/2022 - R
11/10/2022 - D
Termination of Assign of L&R
(2022112000003002)
XXXXXXXXXXX XXXX XXXX XXXXX XXX
09/09/2021 - R UCC3 Continuation
(2021090801236001)
XXXX XXXXX XXX XXXXXXXXXXX XXXX
09/19/2016 - R Initial UCC1
(2016091500684006)
XXXX XXXXX XXX XXXXXXXXXXX XXXX
09/15/2016 - R UCC3 Termination
(2016091500675001)
XXXX XXXXX XXX XXX XXXXXXXXX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 1485 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
$17,791
Municipal exemptions
Recent tax assessments
Market value
$1,747,000
Assessed value
$786,150

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 $1,989,000 $895,050 $143,023 12.439% $17,791 $17,791 +2.69%
2024/25 $1,657,200 $745,740 $138,591 12.5% $17,324 $17,324 +7.98%
2023/24 $1,381,000 $621,450 $128,325 12.502% $16,043 $16,043 +10.07%
2022/23 $1,151,000 $517,950 $118,819 12.267% $14,576 $14,576 +8.28%
2021/22 $921,000 $414,450 $110,018 12.235% $13,461 $13,461 -0.26%
2020/21 $1,010,000 $454,500 $110,018 12.267% $13,496 $13,496 -1.65%
2019/20 $1,076,000 $484,200 $110,017 12.473% $13,722 $13,722 +0.96%
2018/19 $1,345,000 $605,250 $107,774 12.612% $13,592 $13,592 +7.09%
2017/18 $1,315,000 $591,750 $99,791 12.719% $12,692 $12,692 +111.80%
2016/17 $213,000 $95,850 $46,483 12.892% $5,993 $5,993 +218.04%

Permit information for 1485 Gates Avenue, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
01/20/2016 New building
10/22/2015 Alteration type 3
08/07/2015 Alteration type 3
09/30/2014 Alteration type 3
07/18/2014 Full demolition

*Most recent permits on record for this property.

More about New York City property records

DOB Violations

Violation ID Issue date Type Status
11/29/2021 E-elevator
10/21/2020 E-elevator elevatorrequired
12/01/2016 Evcat1-elevator annual inspection / test

*Most recent DOB violations on record 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
Palmetto St & Wycoff Ave at NW Corner
Station lines
L-M
Distance (miles)
0.179

Access the detailed traffic volume map for 1485 Gates Avenue, Brooklyn, NY 11237 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 1485 Gates Avenue, Brooklyn, NY 11237?

The development at 1485 Gates Avenue, Brooklyn, NY 11237 was built in 2015.

What is the total square footage of 1485 Gates Avenue, Brooklyn, NY 11237?

1485 Gates Avenue, Brooklyn, NY 11237 has a total of 8,722 square feet.

When was 1485 Gates Avenue, Brooklyn, NY 11237 last sold and what was the sale price?

1485 Gates Avenue, Brooklyn, NY 11237 was last sold on 10/15/2013 for $735,000.

What is the assessed value of 1485 Gates Avenue, Brooklyn, NY 11237?

1485 Gates Avenue, Brooklyn, NY 11237 is currently assessed at $786,150.

What are the property taxes for 1485 Gates Avenue, Brooklyn, NY 11237?

The property taxes for 1485 Gates Avenue, Brooklyn, NY 11237 total $17,790.

How many residential units does this building have?

This building has 10 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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