New York City » 11221 » Gates Ave » 1340 Gates Ave

1340 Gates Avenue, Brooklyn, NY 11221 - Property report

Also known as: 1340 Gates Ave

Property image for 1340 Gates Avenue, Brooklyn, NY 11221

Property type

Two Family Brick (B1)

Year built

2008

Lot sq. ft.

1,500

Sale price

$695,000

General information

Address

Primary address

1340 Gates Avenue

ZIP code

11221

Neighborhood

Bushwick

Borough

Brooklyn

Block & lot

03342-0030

Building

Property type

Two Family Brick (B1)

Building sq. ft.

2,700

Building dimensions

20 ft x 45 ft

Buildings on lot

Stories

Year built

2008

Exterior wall

None

Basement

Sales

Sale date

11/19/2007

Sale price

$695,000

Tax

Tax year

2026-2027

Property tax

$9,073

Tax class

Floor area ratio (FAR)

Commercial FAR

Residential FAR

Buildable area

Zoning & Use

Zoning

Qualified opportunity zone

Residential units

Residential sq. ft.

Commercial units

Office sq. ft.

Retail sq. ft.

Lot

Frontage(s)

Gates Avenue (narrow)

Nearest wide street

Myrtle Avenue

Distance to wide street

Lot dimensions

20 ft x 75 ft

Lot sq. ft.

1,500

Area overview

Walk score

85 /100. Very Walkable

Transit score

100 /100. Rider's Paradise

Bike score

90 /100. Biker's Paradise

School district

Community district

Closest police station

0.19 Miles

Closest fire station

0.12 Miles

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

Ownership

Ownership information for 1340 Gates Avenue, Brooklyn, NY

Unlock full ownership info — get contact details, including phone numbers and emails for owners and the real people behind LLCs.

Property owner name

Registered owner

Source

Deed

Owner contact information

Phone number

Owner address

Documents

Sales history for 1340 Gates Avenue, Brooklyn, NY 11221

Sale date	Sale price	Buyer name	Seller name
11/19/2007	$695,000	XXXXX, XXXXXX	XXXX XXXXX XXXXXX XXX X
03/22/2007	$271,667	XXXX XXXXX XXXXXX XXX X	XXXXXX XXXX XXXXX, XXXXXXX XXX XXXXXX XXXXX, XXXXXXX XXX XXXXXXX XXXXXXX XXXXXX XXXXX XXX XXXXX, XXXXXXX X XXX XXXXXXX XXXXXX, XXXXXXX

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
09/22/2023 - R 09/18/2023 - D	Satisfaction of Mortgage (2023091900848001)	XXXXX XXXXXX	XXXX XX XXXXXXX X X
03/28/2011 - R 02/08/2011 - D	Agreement (2011022300224003)	XXXXX XXXXXX	XXXX XX XXXXXXX X X
03/28/2011 - R 02/08/2011 - D	Mortgage (2011022300224002)	XXXXX XXXXXX	XXXX XX XXXXXXX X X
03/28/2011 - R 02/05/2011 - D	Subordination of Mortgage (2011022300224001)	XXXX XX XXXXXXX X X	XXXX XX XXXXXXX X X
09/03/2008 - R	UCC3 Termination (2008082700143003)	XXXX XXXXX XXXXXX XXX X	XXXXXXXXX XXXXXXXXX XX X
09/03/2008 - R 08/14/2008 - D	Satisfaction of Mortgage (2008082700143002)	XXXX XXXXX XXXXXX XXX X	XXXXXXXXX XXXXXXXXX XX X
09/03/2008 - R 08/14/2008 - D	Satisfaction of Mortgage (2008082700143001)	XXXX XXXXX XXXXXX XXX X	XXXXXXXXX XXXXXXXXX XX X
12/05/2007 - R 11/19/2007 - D	Mortgage (2007112700556003)	XXXXX XXXXXX	XXXX XX XXXXXXX XX
12/05/2007 - R 11/19/2007 - D	Mortgage (2007112700556002)	XXXXX XXXXXX	XXXX XX XXXXXXX XX
12/05/2007 - R 11/19/2007 - D	Deed (2007112700556001)	XXXX XXXXX XXXXXX XXX X	XXXXX XXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 1340 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

$9,073

Municipal exemptions

Recent tax assessments

Market value

$1,958,000

Assessed value

$117,480

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	$1,489,000	$89,340	$43,135	19.843%	$8,559	$8,559	+4.72%
2024/25	$1,312,000	$78,720	$40,694	20.085%	$8,173	$8,173	0.00%
2023/24	$1,178,000	$70,680	$40,694	20.085%	$8,173	$8,173	-0.35%
2022/23	$1,280,000	$76,800	$40,388	20.309%	$8,202	$8,202	+7.84%
2021/22	$1,226,000	$73,560	$38,102	19.963%	$7,606	$7,606	+0.54%
2020/21	$1,404,000	$84,240	$35,946	21.045%	$7,565	$7,565	+5.39%
2019/20	$1,553,000	$93,180	$33,912	21.167%	$7,178	$7,178	+1.19%
2018/19	$1,089,000	$65,340	$33,912	20.919%	$7,094	$7,094	+3.40%
2017/18	$1,030,000	$61,800	$33,657	20.385%	$6,861	$6,861	+8.09%
2016/17	$763,000	$45,780	$31,752	19.991%	$6,348	$6,348	+8.37%

Permits

Permit information for 1340 Gates Avenue, Brooklyn, NY

Filing date	Job type	Job status	Job description	Initial cost
03/26/2007	Alteration type 3
02/07/2007	New building

*Most recent permits on record for this property.

More about New York City property records

Violations

HPD Violations

No recently recorded violations for this property.

Neighborhood

Bushwick South residential market stats

Access a detailed real estate market overview of Bushwick South so you can assess current trends, home values, types of properties sold and transaction volume. View the median home sale price in Bushwick South and compare it to other neighborhoods in Brooklyn.

Median sale price

—

Median price/sq. ft.

—

Brooklyn median sale price

$899,000

6% 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

FEMA flood zones

Hurricane evacuation zones

Subway & traffic

Closest station

Myrtle Ave & Greene Ave at NW Corner

Station lines

Distance (miles)

0.283

View subway map

Access the detailed traffic volume map for 1340 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

Schools

Nearest elementary schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
P.S. 377 Alejandina B De Gautier	2	Yes	Public	PK, K-5	173	0.11
P.S. 377 Alejandina B De Gautier	2	Yes	Public	PK, K-5	173	0.11
Achievement First North Brooklyn Prep Charter School	7	No	Charter	K-8	851	0.11
Success Academy Charter School-Nyc 10	10	No	Charter	K-4	478	0.18
Pope John Paul Ii Family Academy	NR	No	Private	PK, K-4	151	0.18
Pope John Paul Ii Family Academy	NR	No	Private	PK, K-4	151	0.18
P.S. 116 Elizabeth L Farrell	4	No	Public	PK, K-5	352	0.21
P.S. 116 Elizabeth L Farrell	4	No	Public	PK, K-5	352	0.21
P.S. 106 Edward Everett Hale	2	No	Public	PK, K-5	356	0.22
P.S. 106 Edward Everett Hale	2	No	Public	PK, K-5	356	0.22

Nearest middle schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
Jhs 291 Roland Hayes	3	Yes	Public	6-8	267	0.08
Achievement First North Brooklyn Prep Charter School	7	No	Charter	K-8	851	0.11
Achievement First Bushwick Charter School	7	No	Charter	K-8	938	0.25
Jhs 383 Philippa Schuyler	7	No	Public	5-8	822	0.25
All City Leadership Secondary School	8	No	Public	6-12	421	0.25
Bushwick Ascend Charter School	7	No	Charter	K-8	799	0.39
St. Brigid School	NR	No	Private	PK-8	228	0.51
St. Marks Lutheran Schools	NR	No	Private	PK, K-8	0	0.52
Evergreen Middle School-Urban Exploration	4	No	Public	6-8	342	0.52
Charles Churn Christian Academy	NR	No	Private	PK, K-12	0	0.57

Nearest high schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
Bushwick Community High School	2	No	Public	9-12	86	0.08
Math, Eng, Science Academy Charter High	5	No	Charter	9-12	515	0.08
All City Leadership Secondary School	8	No	Public	6-12	421	0.25
Academy Of Urban Planning	5	No	Public	9-12	403	0.26
Academy for Environmental Leadership	2	No	Public	9-12	275	0.26
Bushwick School for Social Justice	2	No	Public	9-12	272	0.26
Brooklyn School For Math And Research	NR	No	Public	9-12	333	0.26
Brooklyn High School Law And Tech	3	No	Public	9-12	549	0.51
Charles Churn Christian Academy	NR	No	Private	PK, K-12	0	0.57
Bushwick Leaders High School For Academic Excellence	3	No	Public	9-12	370	0.59

Frequently asked questions

What is the year built for 1340 Gates Avenue, Brooklyn, NY 11221?

The development at 1340 Gates Avenue, Brooklyn, NY 11221 was built in 2008.

What is the total square footage of 1340 Gates Avenue, Brooklyn, NY 11221?

1340 Gates Avenue, Brooklyn, NY 11221 has a total of 2,700 square feet.

When was 1340 Gates Avenue, Brooklyn, NY 11221 last sold and what was the sale price?

1340 Gates Avenue, Brooklyn, NY 11221 was last sold on 11/19/2007 for $695,000.

What is the assessed value of 1340 Gates Avenue, Brooklyn, NY 11221?

1340 Gates Avenue, Brooklyn, NY 11221 is currently assessed at $117,480.

What are the property taxes for 1340 Gates Avenue, Brooklyn, NY 11221?

The property taxes for 1340 Gates Avenue, Brooklyn, NY 11221 total $9,072.

How many residential units does this building have?

This building has 2 residential unit(s).

Disclaimer

All data comes from government sources. No attempt has been made to validate it. No attempt has been made to validate the accuracy of the programming of this website.

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.