New York City  »  11237  »  Gates Ave  »  1540 Gates Ave

1540 Gates Avenue, Brooklyn, NY 11237 - Property report

Also known as: 1540 Gates Ave

Property image for 1540 Gates Avenue, Brooklyn, NY 11237
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Property type

Primarily Four Family with One Store or Office (S4)

Year built

1931

Lot sq. ft.

2,500

General information

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Access up-to-date information from property owner names to sales history, deeds, tax info, mortgages, development data, planimetric maps and more.

Address
Primary address
1540 Gates Avenue
ZIP code
11237
Neighborhood
Bushwick
Borough
Brooklyn
Block & lot
03345-0020

Owner

Find out who owns 1540 Gates Avenue, Brooklyn, NY 11237. Uncover corporate and individual owners with a free account.

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
Tax
Tax year
2026-2027
Property tax
$8,624
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
0.28 Miles
Closest fire station
0.21 Miles

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

Ownership

Ownership information for 1540 Gates Avenue, Brooklyn, NY

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Property owner name
Registered owner
Source
Deed
Owner contact information
Phone number
Owner address
Documents

Sales history for 1540 Gates Avenue, Brooklyn, NY 11237

No recently recorded sales for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
03/02/2006 - R
02/13/2006 - D		 Mortgage
(2006021401152001)		 XXX XXX XX XXX XXXXXXXXXX XXXXXX XXXX
02/04/1999 - R Satisfaction of Mortgage
(3170006451717)		 XXX XX XX XXX XXXXXXXXX XXXXXXX XXXXXXX XXXX
07/02/1991 - R Mortgage
(3820001624182)		 XXX XX XX XXX XXXXXXXXX XXX XXXX XXXX
07/02/1991 - R
06/18/1991 - D		 Deed
(3810001624181)		 XXXX XXX XXXX XXX XX XX XXX
03/13/1990 - R Satisfaction of Mortgage
(3130001524213)		 XXXX XXX XXXX XXXXX XXXX XXXXXX XXXX
01/18/1990 - R Deed
(3870001511787)		 XXX XXXXX XXXX XXX XXXX XXX XXXX
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

Tax

Property taxes for 1540 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
$8,624
Municipal exemptions
Recent tax assessments
Market value
$948,000
Assessed value
$426,600

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 $790,000 $355,500 $69,333 12.439% $8,624 $8,624 +2.77%
2024/25 $872,000 $392,400 $67,136 12.5% $8,392 $8,392 +7.96%
2023/24 $780,000 $351,000 $62,178 12.502% $7,773 $7,773 +10.02%
2022/23 $667,000 $300,150 $57,598 12.267% $7,066 $7,066 +8.28%
2021/22 $615,000 $276,750 $53,333 12.235% $6,525 $6,525 -0.27%
2020/21 $675,000 $303,750 $53,333 12.267% $6,542 $6,542 +1.57%
2019/20 $680,000 $306,000 $51,643 12.473% $6,441 $6,441 +6.78%
2018/19 $638,000 $287,100 $47,829 12.612% $6,032 $6,032 +7.04%
2017/18 $551,000 $247,950 $44,306 12.719% $5,635 $5,635 +6.55%
2016/17 $500,000 $225,000 $41,025 12.892% $5,289 $5,289 +0.07%
Permits

Permit information for 1540 Gates Avenue, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
10/20/2003 Alteration type 2

*Most recent permit on record for this property.

More about New York City property records

Violations

DOB Violations

No recently recorded violations for this property.

Neighborhood

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

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

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)
0.071
View subway map

Access the detailed traffic volume map for 1540 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

Neighbors for 1540 Gates Avenue, Brooklyn, NY

1542 Gates Ave, Brooklyn 385 Palmetto St, Brooklyn 1522 Gates Ave, Brooklyn 1544 Gates Ave, Brooklyn 1526 Gates Ave, Brooklyn 1518 Gates Ave, Brooklyn 1516 Gates Ave, Brooklyn 1556 Myrtle Ave, Brooklyn 1538 Gates Ave, Brooklyn 381 Palmetto St, Brooklyn 1544 Myrtle Ave, Brooklyn 1536 Gates Ave, Brooklyn 1524 Gates Ave, Brooklyn 1538 Myrtle Ave, Brooklyn 387 Palmetto St, Brooklyn 383 Palmetto St, Brooklyn 1532 Gates Ave, Brooklyn 1530 Gates Ave, Brooklyn

Nearby ZIP codes for 1540 Gates Avenue, Brooklyn, NY

11101, New York City, NY 11104, New York City, NY 11203, New York City, NY 11205, New York City, NY 11206, New York City, NY 11207, New York City, NY 11211, New York City, NY 11212, New York City, NY 11213, New York City, NY 11216, New York City, NY 11221, New York City, NY 11222, New York City, NY 11225, New York City, NY 11233, New York City, NY 11238, New York City, NY 11373, New York City, NY 11377, New York City, NY 11378, New York City, NY 11379, New York City, NY 11385, New York City, NY

Frequently asked questions

What is the year built for 1540 Gates Avenue, Brooklyn, NY 11237?

The development at 1540 Gates Avenue, Brooklyn, NY 11237 was built in 1931.

What is the market value of 1540 Gates Avenue, Brooklyn, NY 11237?

The current market value of 1540 Gates Avenue, Brooklyn, NY 11237 is $948,000.

What is the total square footage of 1540 Gates Avenue, Brooklyn, NY 11237?

1540 Gates Avenue, Brooklyn, NY 11237 has a total of 3,750 square feet.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 1.

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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