Kings  »  11221  »  Gates Ave  »  1156 Gates Ave

1156 Gates Avenue, Brooklyn, NY 11221 - Property report

Also known as: 1156 Gates Ave

Property image for 1156 Gates Avenue, Brooklyn, NY 11221
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Property type

Five to Six Families (C2)

Year built

1931

Lot sq. ft.

2,600

Sale price

$7,561,518

General information

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Address
Primary address
1156 Gates Avenue
ZIP code
11221
Neighborhood
Bushwick
Borough
Brooklyn
Block & lot
03340-0003

Owner

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Building
Property type
Five to Six Families (C2)
Building sq. ft.
5,460
Building dimensions
26 ft x 70 ft
Buildings on lot
1
Stories
3
Year built
1931
Last altered
1997
Building material
Sales
Sale date
05/07/2026
Sale price
$7,561,518 - M
Tax
Tax year
2026-2027
Property tax
$1,547
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
26 ft x 100 ft
Lot sq. ft.
2,600

Area overview

Walk score
87 /100.  Very Walkable
Transit score
99 /100.  Rider's Paradise
Bike score
81 /100.  Very Bikeable
School district
32
Community district
4
Closest police station
0.24 Miles
Closest fire station
0.44 Miles

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Ownership information for 1156 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 1156 Gates Avenue, Brooklyn, NY 11221

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
05/29/2026 - R Initial UCC1
(2026051300230011)
XXXXXXXX XXXXXXX XXXXXXX XXXXXXXXXXX XXXX XXXX XXXXX XXXXXXXXXXX XXXXXXX XXXXXXXXXXX
05/19/2026 - R
05/07/2026 - D
Both RPTT and RETT
(2026051300392002)
XXX XXXX XXXXXX XXXX XXXXXX XX XXXXXXX XXXXXXXXXXX XXXXXXXX XXXXXXX XXX
05/19/2026 - R
05/07/2026 - D
Both RPTT and RETT
(2026051300392001)
XXXXXXXX XXXXXXXXXX XXX XXXXXXXX XXXXXXX XX XXX
05/29/2026 - R
05/07/2026 - D
Assignment, Mortgage
(2026051300230025)
XX XXXXXX XXXXXXX XXXXXXXXXXX XXXXXXX XXXX XXXX XXXXXXXX XXXXXXXXXXX
05/29/2026 - R
05/07/2026 - D
Mortgage
(2026051300230024)
XXXXXXXX XXXXXXX XXXXXXX XXXXXXXXXXX XX XXXXXX XXXXXXX XXXXXXXXXXX
05/29/2026 - R
05/07/2026 - D
Agreement
(2026051300230022)
XXX XXXX XX XXX XXXX XXXXX XXXXXXXXXXX XXXXXXX XXXXXXXXXXX
05/29/2026 - R
05/07/2026 - D
Termination of Agreement
(2026051300230021)
XXX XXXX XX XXX XXXX XXX XXXX XX XXX XXXX
05/29/2026 - R
05/07/2026 - D
Agreement
(2026051300230013)
XXXXXXXX XXXXXXX XXXXXXX XXXXXXXXXXX XXXX XXXX XXX XXXX XX XXX XXXX
05/29/2026 - R
05/07/2026 - D
Agreement
(2026051300230012)
XXXXXXXX XXXXXXX XXXXXXX XXXXXXXXXXX XXXX XXXX XXX XXXX XX XXX XXXX
05/29/2026 - R
05/07/2026 - D
Assignment of Leases and Rents
(2026051300230010)
XXXXXXXX XXXXXXX XXXXXXX XXXXXXXXXXX XXXX XXXX XXXXX XXXXXXXXXXX XXXXXXX XXXXXXXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 1156 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
$1,547
Municipal exemptions
Recent tax assessments
Market value
$1,658,000
Assessed value
$746,100

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 $1,382,000 $621,900 $12,629 12.439% $24,987 $1,571 -1.99%
2024/25 $1,152,000 $518,400 $12,822 12.5% $23,250 $1,603 +0.30%
2023/24 $1,069,000 $481,050 $12,781 12.502% $21,531 $1,598 +1.92%
2022/23 $1,090,000 $490,500 $12,781 12.267% $21,127 $1,568 -0.64%
2021/22 $982,000 $441,900 $12,895 12.235% $20,128 $1,578 +2.03%
2020/21 $1,076,000 $484,200 $12,608 12.267% $18,955 $1,547 -1.57%
2019/20 $1,002,000 $450,900 $12,598 12.473% $17,846 $1,571 -2.58%
2018/19 $835,000 $375,750 $12,789 12.612% $16,708 $1,613 -1.69%
2017/18 $789,000 $355,050 $12,900 12.719% $16,850 $1,641 -4.24%
2016/17 $631,000 $283,950 $13,291 12.892% $16,314 $1,713 -56.97%

Permit information for 1156 Gates Avenue, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
07/20/2026 Alteration
10/09/1997 Alteration type 2
02/07/1997 Alteration type 1
09/08/1993 Alteration type 2

*Most recent permits on record for this property.

More about New York City property records

DOB Violations

Violation ID Issue date Type Status
04/25/2023 Lblvio-low pressure boiler boiler required
07/25/1994 Ll6291-local law 62/91 - boilers
10/03/1990 C-construction

*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
Linden St & Broadway at NW Corner
Station lines
J-Z
Distance (miles)
0.182

Access the detailed traffic volume map for 1156 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 1156 Gates Avenue, Brooklyn, NY 11221?

The development at 1156 Gates Avenue, Brooklyn, NY 11221 was built in 1931.

What is the total square footage of 1156 Gates Avenue, Brooklyn, NY 11221?

1156 Gates Avenue, Brooklyn, NY 11221 has a total of 5,460 square feet.

When was 1156 Gates Avenue, Brooklyn, NY 11221 last sold and what was the sale price?

1156 Gates Avenue, Brooklyn, NY 11221 was last sold on 05/07/2026 for $7,561,518.

What is the assessed value of 1156 Gates Avenue, Brooklyn, NY 11221?

1156 Gates Avenue, Brooklyn, NY 11221 is currently assessed at $746,100.

What are the property taxes for 1156 Gates Avenue, Brooklyn, NY 11221?

The property taxes for 1156 Gates Avenue, Brooklyn, NY 11221 total $1,546.

How many residential units does this building have?

This building has 6 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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