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Brooklyn / Clinton Hill / 11238

5 GATES AVENUE

Boro3
Block1959
Lot7501
BBL3019597501
Class R2
Residential units
28
Units in total
28
Storeys
0
Year built
-
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 area
15,993 sq ft
Building area
31,025 sq ft
Residential area
31,025 sq ft
Commercial area
-
Office area
-
Retail area
-
Buildings on the lot
1
Built floor area ratio
1.94
Residential FAR permitted
2
Zoning district
R6B
03

Assessment

Assessed land value
$163,416
Assessed total value
$3,267,069
Exempt value
$67,654
Assessed per residential unit
$116,681

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
R2CONDO; RESIDENTIAL UNIT IN WALK-UP BLDG.
Neighbourhood
Clinton Hill
ZIP code
11238
Community district
Brooklyn 2
Council district
35
Coordinates
40.684339, -73.968588
05

Other buildings in Clinton Hill

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
185 CLINTON AVENUED45201944555$722k
345 CLINTON AVENUED44241945470$730k
333 LAFAYETTE AVENUED432719630-
21 ST JAMES PLACED432619630-
309 LAFAYETTE AVENUED432619630-
185 HALL STREETD42871958221$562k
195 WILLOUGHBY AVENUED42871958227$551k
539 VANDERBILT AVENUERM26420200-
555 WAVERLY AVENUED619020170-
215 WILLOUGHBY AVENUED318719570-
504 MYRTLE AVENUERM14320150-
230 CLASSON AVENUED113820220-

Every building on file in Clinton Hill