368 Gates Avenue, Brooklyn
Condominium · 4 units · built 2015 · Block 1812, Lot 7502.
Building permits
- Alteration, filed Mar 2, 2022, estimated cost $6K, described as “New storage room on cellar level. Existing powder room on cellar level including mop sink. Existing slop sink. No change to egress, occupancy or use. No work on floors 001.”
Property taxes
- Assessment
- $907,651
- 2026–27 tax
- $58,307
- Market value (city estimate)
- $2,017,000
- Taxable value
- $536,135
- Assessed land
- $135,001
- Assessed improvements
- $772,650
- Condo units with their own tax lots
- 4
Tax breaks
- Co-op and condo abatement, with no end date, a $8,383 credit this tax year.
Zoning
R6B: floor area ratio 2.10 built, above the 2.00 base zoning allows, which bonuses, transfers or older rules can permit.
Flood zone
Current FEMA flood map: zone X, minimal flood hazard.
Recent sales
- Sep 28, 2022: $1,290,000, Apt 2
- Sep 1, 2022: $1,395,000, Apt 3
- Aug 3, 2017: $1,120,075
- Aug 2, 2017: $1,094,618
- Jul 27, 2017: $1,322,706
- Jul 21, 2017: $1,313,542
Open-market sales since 2016, from the Department of Finance’s sales files.