New York City  »  11237  »  Gates Ave  »  1538 Gates Ave

1538 Gates Avenue, Brooklyn, NY 11237 - Property report

Also known as: 1538 Gates Ave

Property image for 1538 Gates Avenue, Brooklyn, NY 11237
static Mapbox map

Property type

Primarily Four Family with One Store or Office (S4)

Year built

1931

Lot sq. ft.

2,500

Sale price

$1,660,000

General information

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Address
Primary address
1538 Gates Avenue
ZIP code
11237
Neighborhood
Bushwick
Borough
Brooklyn
Block & lot
03345-0019

Owner

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Building
Property type
Primarily Four Family with One Store or Office (S4)
Building sq. ft.
3,750
Building dimensions
25 ft x 50 ft
Buildings on lot
1
Stories
3
Year built
1931
Building material
Sales
Sale date
03/12/2026
Sale price
$1,660,000
Tax
Tax year
2026-2027
Property tax
$10,147
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
4
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
25 ft x 100 ft
Lot sq. ft.
2,500

Area overview

Walk score
99 /100.  Walker's Paradise
Transit score
99 /100.  Rider's Paradise
Bike score
88 /100.  Very Bikeable
School district
32
Community district
4
Closest police station
0.27 Miles
Closest fire station
0.21 Miles

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Ownership information for 1538 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 1538 Gates Avenue, Brooklyn, NY 11237

Sale date Sale price Buyer name Seller name
03/12/2026 $1,660,000 XXXX XXXXX XXX XXX, XXXXX XXXX XXX XXX XXX, XXX XXXX

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
03/17/2026 - R
03/12/2026 - D
Deed
(2026031600384001)
XXX XXXXX XXXX XXX XXXX XXXXX XXX
06/24/2005 - R
03/22/2005 - D
Satisfaction of Mortgage
(2005041900634001)
XXX XXXXX XXXX XXX XXX XXXXX XXXXX XXXXXXX XXXX
03/28/1994 - R Agreement
(3500004213150)
03/13/1990 - R Mortgage
(3540001524054)
XXX XXXXX XXXX XXX XXXXX XXXXX XXXX XXXX
03/13/1990 - R Satisfaction of Mortgage
(3130001524213)
XXXX XXX XXXX XXXXX XXXX XXXXXX XXXX
01/18/1990 - R Deed
(3880001511788)
XXX XXXXX XXXX XXX XXX XXXXX XXXX XXX
09/10/1986 - R Assignment, Mortgage
(3590001196459)
XXXXX XXXXXX XXXXX XX XXXXXXX XXXXXXX XX
04/07/1986 - R Mortgage
(3440001156844)
XXX XXXXX XXXX XXX XXXXX XXXXXX XXXXX XXXX
04/07/1986 - R
03/21/1986 - D
Deed
(3450001156845)
XXXXX XXXXXX XXXXX XX XXX XXXXX XXXX XXX
11/12/1985 - R Satisfaction of Mortgage
(3600001124560)
XXXXXXXX XXXXX XXXXXXXX XXXXXX XXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 1538 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
$10,147
Municipal exemptions
Recent tax assessments
Market value
$948,000
Assessed value
$426,600

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 $790,000 $355,500 $81,571 12.439% $10,147 $10,147 +2.75%
2024/25 $789,600 $355,320 $78,998 12.5% $9,875 $9,875 +7.96%
2023/24 $658,000 $296,100 $73,160 12.502% $9,146 $9,146 +10.03%
2022/23 $667,000 $300,150 $67,765 12.267% $8,313 $8,313 +8.28%
2021/22 $615,000 $276,750 $62,747 12.235% $7,677 $7,677 -0.26%
2020/21 $675,000 $303,750 $62,747 12.267% $7,697 $7,697 +1.55%
2019/20 $680,000 $306,000 $60,768 12.473% $7,580 $7,580 +6.79%
2018/19 $638,000 $287,100 $56,277 12.612% $7,098 $7,098 +7.05%
2017/18 $551,000 $247,950 $52,127 12.719% $6,630 $6,630 +6.55%
2016/17 $500,000 $225,000 $48,267 12.892% $6,223 $6,223 +0.07%

Permit information for 1538 Gates Avenue, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
12/08/2023 Alteration

*Most recent permit 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

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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)
0.076

Access the detailed traffic volume map for 1538 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 1538 Gates Avenue, Brooklyn, NY 11237?

The development at 1538 Gates Avenue, Brooklyn, NY 11237 was built in 1931.

What is the market value of 1538 Gates Avenue, Brooklyn, NY 11237?

The current market value of 1538 Gates Avenue, Brooklyn, NY 11237 is $948,000.

What is the total square footage of 1538 Gates Avenue, Brooklyn, NY 11237?

1538 Gates Avenue, Brooklyn, NY 11237 has a total of 3,750 square feet.

What is the price per square foot for this property?

$442 per square foot is the price for 1538 Gates Avenue, Brooklyn, NY 11237.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 1.

Disclaimer

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