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Brooklyn / Bushwick (East) / 11221

1255 GATES AVENUE

Boro3
Block3332
Lot47
BBL3033320047
Class D1
Residential units
83
Units in total
83
Storeys
6
Year built
2008
Last alteration on file
-
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 17,000 SQ FT6
Drawn from PLUTO: 6 storeys, 66,300 sq ft of building on 17,000 sq ft of lot, an average floor plate covering 65% of it. It is a diagram of recorded figures, not a picture of the building.
Lot area
17,000 sq ft
Building area
66,300 sq ft
Residential area
66,300 sq ft
Commercial area
-
Office area
-
Retail area
-
Buildings on the lot
1
Built floor area ratio
3.9
Residential FAR permitted
2.43
Zoning district
R6
03

Assessment

Assessed land value
$267,750
Assessed total value
$3,742,200
Exempt value
$3,742,200
Assessed per residential unit
$45,087

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
Bushwick (East)
ZIP code
11221
Community district
Brooklyn 4
Council district
37
Coordinates
40.693301, -73.918683
05

Other buildings in Bushwick (East)

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
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871 BUSHWICK AVENUERI11019540-
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43 GOODWIN PLACED110019911-
297 WILSON AVENUED19619960-
1103 GATES AVENUEC18319281-
269 CENTRAL AVENUEC17219820-
335 IRVING AVENUERR7019630-
93 LINDEN STREETD16820191-
575 CENTRAL AVENUED96720060-

Every building on file in Bushwick (East)