520 Gates Avenue, Brooklyn
Care facility · built c. 1931 · Block 1814, Lot 123.
Building permits
- Alteration, filed Mar 27, 2026, estimated cost $598K, described as “Proposed interior renovatoin of existing building. Work includes demo of interior. Finishes in common areas and dwelling units. No change in use, egress and occpancy.”
- Alteration, filed Sep 30, 2022, estimated cost $1K, described as “Sprinkler work as per plans filed”
- Alteration, filed Jan 26, 2021
Property taxes
- Assessment
- $985,500
- Market value (city estimate)
- $2,190,000
- Taxable value
- $0
- Assessed land
- $42,750
- Assessed improvements
- $942,750
Tax breaks
- Nonprofit exemption (charitable / philanthropic), with no end date, about $106,907 a year below the full tax.
Zoning
R6A (part of the lot is R6B): floor area ratio 3.12 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.