197 Gates Avenue, Brooklyn
Four-family · built c. 1899 · Block 1972, Lot 33.
Building permits
No building permits on file for this lot.
Property taxes
- Assessment
- $868,050
- 2026–27 tax
- $2,744
- Market value (city estimate)
- $1,929,000
- Taxable value
- $22,062
- Assessed land
- $111,150
- Assessed improvements
- $756,900
Tax breaks
- J-51 exemption, through Jun 30, 2041, about $11,964 a year below the full tax.
Zoning
R6B: floor area ratio 2.20 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 18, 2025: $1,600,000
Open-market sales since 2016, from the Department of Finance’s sales files.