416 Gates Avenue, Brooklyn
Apartment building · 44 units · built 2020 · Block 1813, Lot 18.
Building permits
- Alteration, filed Oct 21, 2026, estimated cost $185K, described as “Propose interior renovation for medical clinic(No change to use, occupancy or egress)”
- Alteration, filed Aug 19, 2020, described as “Installation of temporary pipe scaffold as per plans. No change in use, egress or occupancy.”
- Alteration, filed Aug 14, 2020, described as “Installation of temporary sidewalk shed as per plans. No change in use, egress or occupancy.”
- Alteration, filed Oct 14, 2019, estimated cost $5K, described as “Construct one 11'-0" curb cut including 2-1'-6" splays to parking garage at first floor for 22 cars, located on gates avenue 331'-6" east of nostrand avenue. Refer to NB application 321386567 for relevant work.”
- Alteration, filed Sep 13, 2019, estimated cost $15K, described as “Installation of temporary sidewalk shed as per plans. Sidewalk shed shall comply with chapter 33 of the 2014 NYC building code. No change in use, egress or occupancy under this application.”
- Alteration, filed Sep 12, 2019, estimated cost $12K, described as “Installation of temporary sidewalk shed as per plans. Sidewalk shed shall comply with chapter 33 of the 2014 NYC building code. No change in use, egress or occupancy under this application.”
- Alteration, filed Sep 12, 2019, estimated cost $14K, described as “Installation of temporary sidewalk shed as per plans. Sidewalk shed shall comply with chapter 33 of the 2014 NYC building code. No change in use, egress or occupancy under this application.”
- Alteration, filed Feb 26, 2019, estimated cost $160, described as “Proposed construction fence. No change to use, egress or occupancy under this application.”
Property taxes
- Assessment
- $4,694,850
- 2026–27 tax
- $72,384
- Market value (city estimate)
- $10,433,000
- Taxable value
- $581,908
- Assessed land
- $55,800
- Assessed improvements
- $4,639,050
Tax breaks
- 421-a exemption, through Jun 30, 2057, about $447,987 a year below the full tax.
Zoning
R6A: floor area ratio 4.27 built, above the 3.00 base zoning allows, which bonuses, transfers or older rules can permit.
Flood zone
Current FEMA flood map: zone X, minimal flood hazard.
Recent sales
- Jun 11, 2019: $6,000,000
Open-market sales since 2016, from the Department of Finance’s sales files.
Board and land use applications
- 418 GATES AVE (City Planning P2008K0236): Completed, decided Nov 1, 2012. ZONING MAP AMENDMENT TO REZONE BLOCK 1808, LOTS 1, 90, 92 TO EXTEND A C2-4 COMMERCIAL OVERLAY OVER AN EXISTING RA
In the news
Housing Lottery Launches for 420 Gates Avenue in Bedford Stuyvesant, Brooklyn, New York YIMBY, Jul 13, 2021.