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Brooklyn / Bedford-Stuyvesant (West) / 11216

322 GATES AVENUE

Recorded on the Digital Tax Map as 322 GATES CONDOMINIUM.

Boro3
Block1812
Lot7505
BBL3018127505
Class RM
Residential units
28
Units in total
29
Storeys
6
Year built
2017
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 7,500 SQ FT6
Drawn from PLUTO: 6 storeys, 27,371 sq ft of building on 7,500 sq ft of lot, an average floor plate covering 61% of it. It is a diagram of recorded figures, not a picture of the building.
Lot area
7,500 sq ft
Building area
27,371 sq ft
Residential area
19,269 sq ft
Commercial area
8,102 sq ft
Office area
-
Retail area
8,102 sq ft
Buildings on the lot
1
Built floor area ratio
3.65
Residential FAR permitted
3
Zoning district
R6A
03

Assessment

Assessed land value
$541,800
Assessed total value
$3,424,950
Exempt value
$2,410,470
Assessed per residential unit
$122,320

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
RM
Neighbourhood
Bedford-Stuyvesant (West)
ZIP code
11216
Community district
Brooklyn 3
Council district
36
Coordinates
40.68564, -73.953966

The Department of Finance building classification list does not publish a description for code RM. On this site that code appears almost only on condominium billing lots.

05

Other buildings in Bedford-Stuyvesant (West)

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
1045 ATLANTIC AVENUED745620230-
1215 FULTON STREETD724020230-
372 GATES AVENUED121419230-
1134 FULTON STREETD618220171-
550 GREENE AVENUED115119840-
234 HERKIMER STREETD113919720-
963 ATLANTIC AVENUED612420210-
429 LEXINGTON AVENUEC112319700-
378 FLUSHING AVENUED112220180-
122 SANDFORD STREETD312020230-
168 FRANKLIN AVENUED111820141-
445 GRAND AVENUERM11320210-

Every building on file in Bedford-Stuyvesant (West)