NOT LISTED FOR SALE

1116 Gates Ave Brooklyn, NY 11221

Bushwick Neighborhood

Estimated Value: $1,884,000 - $2,412,000

9 Beds
9 Baths
4,605 Sq Ft
$485/Sq Ft Est. Value

About This Home

This home is located at 1116 Gates Ave, Brooklyn, NY 11221 and is currently estimated at $2,231,937, approximately $484 per square foot. 1116 Gates Ave is a home located in Kings County with nearby schools including P.S. 299 Thomas Warren Field, J.H.S. 291 Roland Hayes, and Brooklyn Excelsior Charter School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 10, 2025
Sold by
Gates Stones And Bricks Llc
Bought by
Townhouse Rental Ii Llc
Current Estimated Value
$2,312,871

Purchase Details

Closed on
Feb 15, 2023
Sold by
Greaves Diane L and Greaves Eustace L
Bought by
Gates Stones And Bricks Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,075,000
Interest Rate
6.15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 28, 2019
Sold by
Greaves Diane L and Greaves Eustace L
Bought by
Greaves Diane L and Greaves Eustace L

Purchase Details

Closed on
Mar 12, 1997
Sold by
Greaves Eustace L
Bought by
Greaves Eustace L and Greaves Lorraine
Source: Public Records

Range of Values:

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

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Townhouse Rental Ii Llc $2,420,000 --
Gates Stones And Bricks Llc $1,125,000 --
Gates Stones And Bricks Llc $1,125,000 --
Greaves Diane L -- --
Greaves Diane L -- --
Greaves Eustace L -- Commonwealth Land Title Ins
Greaves Eustace L -- Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gates Stones And Bricks Llc $1,075,000
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 $3,252 $98,580 $12,120 $86,460
2024 $3,252 $81,780 $12,120 $69,660
2023 $3,106 $85,140 $12,600 $72,540
2022 $3,053 $80,340 $12,600 $67,740
2021 $3,038 $88,080 $12,600 $75,480
2019 $2,822 $88,020 $12,600 $75,420
2018 $2,598 $12,746 $2,286 $10,460
2017 $2,598 $12,746 $2,569 $10,177
2016 $2,405 $12,031 $3,273 $8,758
2015 $1,231 $11,917 $2,869 $9,048
2014 $1,231 $11,244 $3,032 $8,212
Source: Public Records

Map

New York Kings County Brooklyn 11221 Bushwick

1116 Gates Ave, Brooklyn, NY

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.