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Brooklyn / Bedford-Stuyvesant (East) / 11221

1024 GATES AVENUE

Boro3
Block1480
Lot23
BBL3014800023
Class D1
Residential units
49
Units in total
49
Storeys
6
Year built
1922
Last alteration on file
2010
Recorded transfers
None
01

What has sold here

No transfer with a recorded consideration has been attached to this lot for 2003 onwards. That is common and it is not evidence that nothing changed hands. A building held by one owner since before 2003, a building transferred for no stated consideration, and a rental building that has simply never been sold all produce an empty record here. See how to read a sale history.

02

The building on the lot

Section through the lot

LOT 8,000 SQ FT6
Drawn from PLUTO: 6 storeys, 35,009 sq ft of building on 8,000 sq ft of lot, an average floor plate covering 73% of it. It is a diagram of recorded figures, not a picture of the building.
Lot area
8,000 sq ft
Building area
35,009 sq ft
Residential area
35,009 sq ft
Commercial area
-
Office area
-
Retail area
-
Buildings on the lot
1
Built floor area ratio
4.38
Residential FAR permitted
4
Zoning district
C4-4L
03

Assessment

Assessed land value
$288,000
Assessed total value
$3,034,350
Exempt value
$2,857,555
Assessed per residential unit
$61,926

Assessed value is the figure the Department of Finance uses to levy property tax. For a class two building it is derived from an income approach and it is capped in how fast it can rise. It is not a market valuation and the two figures routinely differ by a wide margin. What the assessment does and does not tell you.

04

Classification and location

Building class
D1ELEVATOR APT; SEMI-FIREPROOF WITHOUT STORES
Neighbourhood
Bedford-Stuyvesant (East)
ZIP code
11221
Community district
Brooklyn 3
Council district
41
Coordinates
40.689203, -73.922564
05

Other buildings in Bedford-Stuyvesant (East)

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
88 CHAUNCEY STREETD128719742-
721 WILLOUGHBY AVENUED626719761-
VERNON AVENUED626719760-
942 DEKALB AVENUED324819620-
FULTON STREETD124819800-
95 MARCUS GARVEY BLVDD323419510-
1100 MYRTLE AVENUERM23320220-
FULTON STREETD1213-0-
75 LEWIS AVENUED720520210-
510 QUINCY STREETD719219740-
113 LEWIS AVENUED318719640-
281 MARCUS GARVEY BLVDD117519723-

Every building on file in Bedford-Stuyvesant (East)