Kings  »  11221  »  Gates Ave  »  1178 Gates Ave

1178 Gates Avenue, Brooklyn, NY 11221 - Property report

Also known as: 1178 Gates Ave

Property image for 1178 Gates Avenue, Brooklyn, NY 11221
static Mapbox map

Property type

Over Six Families without Stores (C1)

Year built

1994

Lot sq. ft.

3,025

Sale price

$652,320

General information

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Address
Primary address
1178 Gates Avenue
Alternate address(es)
1178-1180 Gates Ave
ZIP code
11221
Neighborhood
Bushwick
Borough
Brooklyn
Block & lot
03340-0110

Owner

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Building
Property type
Over Six Families without Stores (C1)
Building sq. ft.
6,892
Building dimensions
20 ft x 49 ft
Buildings on lot
1
Stories
4
Year built
1994
Last altered
2016
Building material
Sales
Sale date
06/04/2019
Sale price
$652,320
Tax
Tax year
2026-2027
Property tax
$8,651
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
8
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
30.25 ft x 100 ft
Lot sq. ft.
3,025

Area overview

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

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Ownership information for 1178 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 1178 Gates Avenue, Brooklyn, NY 11221

Sale date Sale price Buyer name Seller name
06/04/2019 $652,320 XXXX XXXXX XXX XXXXX XXX XXXX XXXXX XXX XXXXX XXX
07/21/2016 $1,200,000 XXXX XXXXX XXX XXXXX XXX XXXX XXXXX XXX XXX
11/12/2013 $203,000 XXXX XXXXX XXX XXX XXXXXXX, XXXXX

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
03/10/2026 - R UCC3 Termination
(2026031000225001)
XXXX XXXXX XXX XXXXX XXX XXXXXXX XXXX
03/05/2026 - R Initial UCC1
(2026030500241001)
XXXX XXXXX XXX XXXXX XXX XXXXXX XXXXXXXX XXXX
03/13/2026 - R
03/03/2026 - D
Agreement
(2026031000917003)
XXXX XXXXX XXXXX XXX XXXXXX XXXXXXXX XXXX
03/10/2026 - R
03/03/2026 - D
Termination of Assign of L&R
(2026030900973006)
XXXXXXX XXXX XXXX XXXXX XXX XXXXX XXX
03/10/2026 - R
03/03/2026 - D
Assignment of Leases and Rents
(2026030900973005)
XXXX XXXXX XXX XXXXX XXX XXXXXX XXXXXXXX XXXX
03/10/2026 - R
03/03/2026 - D
Agreement
(2026030900973004)
XXXX XXXXX XXX XXXXX XXX XXXXXX XXXXXXXX XXXX
03/10/2026 - R
03/03/2026 - D
Mortgage
(2026030900973003)
XXXX XXXXX XXX XXXXX XXX XXXXXX XXXXXXXX XXXX
03/10/2026 - R
03/03/2026 - D
Mortgage
(2026030900973002)
XXXX XXXXX XXX XXXXX XXX XXXXXX XXXXXXXX XXXX
03/10/2026 - R
03/03/2026 - D
Assignment, Mortgage
(2026030900973001)
XXXXXXX XXXX XXXXXX XXXXXXXX XXXX
04/30/2021 - R UCC3 Termination
(2021042301146001)
XXXX XXXXX XXX XXX XXXXXXXXXXX XXXXXXXXXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 1178 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
$8,651
Municipal exemptions
Recent tax assessments
Market value
$1,529,000
Assessed value
$688,050

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 $1,274,000 $573,300 $67,392 12.439% $8,383 $8,383 +7.47%
2024/25 $1,062,000 $477,900 $62,400 12.5% $7,800 $7,800 +7.98%
2023/24 $986,000 $443,700 $57,778 12.502% $7,223 $7,223 +10.07%
2022/23 $822,000 $369,900 $53,498 12.267% $6,563 $6,563 +15.30%
2021/22 $1,200,000 $72,000 $28,512 19.963% $5,692 $5,692 +0.55%
2020/21 $1,214,000 $72,840 $26,899 21.045% $5,661 $5,661 -0.58%
2019/20 $1,142,000 $68,520 $26,899 21.167% $5,694 $5,694 +1.95%
2018/19 $789,000 $47,340 $26,696 20.919% $5,585 $5,585 +8.78%
2017/18 $978,000 $58,680 $25,185 20.385% $5,134 $5,134 +8.09%
2016/17 $765,000 $45,900 $23,760 19.991% $4,750 $4,750 +8.36%

Permit information for 1178 Gates Avenue, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
03/29/2019 Alteration type 2
03/26/2019 Alteration type 2
09/20/2018 Alteration type 2
07/27/2017 Alteration type 3
01/24/2017 Alteration type 3

*Most recent permits on record for this property.

More about New York City property records

DOB Violations

No recently recorded violations 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)
0.215

Access the detailed traffic volume map for 1178 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 1178 Gates Avenue, Brooklyn, NY 11221?

The development at 1178 Gates Avenue, Brooklyn, NY 11221 was built in 1994.

What is the total square footage of 1178 Gates Avenue, Brooklyn, NY 11221?

1178 Gates Avenue, Brooklyn, NY 11221 has a total of 6,892 square feet.

When was 1178 Gates Avenue, Brooklyn, NY 11221 last sold and what was the sale price?

1178 Gates Avenue, Brooklyn, NY 11221 was last sold on 06/04/2019 for $652,320.

What is the assessed value of 1178 Gates Avenue, Brooklyn, NY 11221?

1178 Gates Avenue, Brooklyn, NY 11221 is currently assessed at $688,050.

What are the property taxes for 1178 Gates Avenue, Brooklyn, NY 11221?

The property taxes for 1178 Gates Avenue, Brooklyn, NY 11221 total $8,650.

How many residential units does this building have?

This building has 8 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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