573 Gates Ave, Brooklyn
Condominium · 8 units · built c. 1931 · Block 1810, Lot 7501.
Building permits
- Alteration, filed Dec 16, 2019, estimated cost $24K, described as “Filing for mechanical work-type in conjunction with job # 321071237.”
- Alteration, filed May 10, 2019, estimated cost $9K, described as “Installation of medium pipe scaffolding as per plans. No change in use occupancy or egress under this application. Pipe scaffolding shall comply with chapter 33 of the 2014 NYC building code.”
- Alteration, filed May 1, 2019, estimated cost $9K, described as “Installation of heavyduty sidewalk shed for remedial repairs. No change in use, egress, occupancy under this application.sidewalk shed shall comply with chapter 33 of the 2014 NYC building code.”
- Alteration, filed Mar 4, 2019, estimated cost $15K, described as “Scope of work : filing this temp. Fence application in conjunction with alt-1APPLICATION # 321071237”
Property taxes
- Assessment
- $847,803
- 2026–27 tax
- $25,086
- Market value (city estimate)
- $1,884,001
- Taxable value
- $241,141
- Assessed land
- $45,002
- Assessed improvements
- $802,801
- Condo units with their own tax lots
- 8
Tax breaks
- Co-op and condo abatement, with no end date, a $4,910 credit this tax year.
Zoning
R6A: floor area ratio 2.77 built, 3.00 allowed by base zoning.
Flood zone
Current FEMA flood map: zone X, minimal flood hazard.
Recent sales
- Sep 30, 2021: $731,000, Apt 1R
- Sep 2, 2021: $460,000, Apt 1F
- Aug 18, 2021: $499,888, Apt 2F
- Aug 17, 2021: $506,999, Apt 2R
- Jul 29, 2021: $763,688, Apt 4PH
- Jul 26, 2021: $499,000, Apt 3F
- Jul 16, 2021: $506,493, Apt 3R
- Jul 12, 2021: $481,650, Apt 4F
Open-market sales since 2016, from the Department of Finance’s sales files.