NOT LISTED FOR SALE

109 Gates Ave Brooklyn, NY 11238

Clinton Hill Neighborhood

Estimated Value: $4,306,763

Studio
-- Bath
4,000 Sq Ft
$1,077/Sq Ft Est. Value

About This Home

This home is located at 109 Gates Ave, Brooklyn, NY 11238 and is currently estimated at $4,306,763, approximately $1,076 per square foot. 109 Gates Ave is a home located in Kings County with nearby schools including P.S. 56 Lewis H Latimer, Success Academy Charter School-NYC 9, and Trilok School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 17, 2016
Sold by
Gershon Robert
Bought by
Mainstay Dre Iia Llc
Current Estimated Value
$4,306,763

Purchase Details

Closed on
Jan 30, 2007
Sold by
Edrasis Llc
Bought by
109 Gates Avenue Llc

Purchase Details

Closed on
Dec 6, 2006
Sold by
109 Gates Avenue Ll
Bought by
Edrasis Llc

Purchase Details

Closed on
Feb 7, 2005
Sold by
109 Gates-Rif Llc and Pascasio %
Bought by
109 Gates Avenue Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Interest Rate
5.78%
Mortgage Type
Commercial

Purchase Details

Closed on
May 19, 1999
Sold by
Abramowitz Arthur and Abramowitz Marion
Bought by
109 Gates Rif Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Interest Rate
8.25%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 6, 1998
Sold by
Art-Mar Corp
Bought by
Abramowitz Marion and Abramowitz Arthur
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Mainstay Dre Iia Llc $2,861,000 --
Mainstay Dre Iia Llc $2,861,000 --
Mainstay Dre Iia Llc $2,861,000 --
109 Gates Avenue Llc -- --
109 Gates Avenue Llc -- --
Edrasis Llc $2,000,000 --
Edrasis Llc $2,000,000 --
109 Gates Avenue Llc $1,127,500 --
109 Gates Avenue Llc $1,127,500 --
109 Gates Rif Llc $320,000 Commonwealth Land Title Ins
109 Gates Rif Llc $320,000 Commonwealth Land Title Ins
Abramowitz Marion -- Chicago Title Insurance Co
Abramowitz Marion -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 109 Gates Avenue Llc $1,200,000
Previous Owner 109 Gates Rif Llc $255,000
Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $19,378 $757,350 $103,500 $653,850
2024 $19,378 $631,260 $103,500 $527,760
2023 $18,478 $526,050 $103,500 $422,550
2022 $12,894 $438,300 $103,500 $334,800
2021 $16,088 $350,550 $103,500 $247,050
2020 $6,538 $469,350 $63,000 $406,350
2019 $13,561 $437,400 $63,000 $374,400
2018 $13,362 $105,053 $18,157 $86,896
2017 $12,372 $97,272 $16,812 $80,460
2016 $11,611 $90,067 $16,657 $73,410
2015 $7,538 $83,396 $17,069 $66,327
2014 $7,538 $83,396 $17,069 $66,327
Source: Public Records

Map

New York Kings County Brooklyn 11238 Clinton Hill

109 Gates Ave, Brooklyn, NY

Not Listed for Sale

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