187 Gates Avenue, Brooklyn
Condominium · 4 units · built c. 1930 · Block 1972, Lot 7502.
Building permits
- Alteration, filed Apr 8, 2020, estimated cost $2K, described as “Cap/removal of (1) lav, (1) wc, (1) tub. No change to occupancy, use, or egress. Filed in conjunction with DOB job number 340724504.”
Property taxes
- Assessment
- $593,101
- Market value (city estimate)
- $1,318,000
- Taxable value
- $23,853
- Assessed land
- $111,600
- Assessed improvements
- $481,501
- Condo units with their own tax lots
- 4
Tax breaks
- J-51 exemption, through Jun 30, 2037, about $9,602 a year below the full tax.
Zoning
R6B: floor area ratio 2.00 built, 2.00 allowed by base zoning.
Flood zone
Current FEMA flood map: zone X, minimal flood hazard.
Recent sales
- Jul 7, 2021: $1,275,000, Apt 1
- Mar 13, 2021: $1,350,000, Apt 4
- Jan 3, 2020: $799,000, Apt 2
- Jun 10, 2019: $955,000, Apt 3
Open-market sales since 2016, from the Department of Finance’s sales files.