NOT LISTED FOR SALE

1116 Gates Ave Brooklyn, NY 11221

Bushwick Neighborhood

Estimated Value: $1,536,000 - $2,462,000

9 Beds
9 Baths
4,605 Sq Ft
$441/Sq Ft Est. Value

About This Home

This home is located at 1116 Gates Ave, Brooklyn, NY 11221 and is currently estimated at $2,031,529, approximately $441 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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 2, 2026
Sold by
Bought by
Current Estimated Value
$2,031,529

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$33,617,075
Outstanding Balance
$33,584,307
Interest Rate
6.11%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
-$31,552,778

Purchase Details

Closed on
Oct 10, 2025
Sold by
Bought by

Purchase Details

Closed on
Feb 15, 2023
Sold by
Bought by

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
Bought by

Purchase Details

Closed on
Mar 12, 1997
Sold by
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- --
$2,420,000 --
$1,125,000 --
$1,125,000 --
-- --
-- --
-- Commonwealth Land Title Ins
-- Commonwealth Land Title Ins
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $33,617,075
Previous Owner $1,075,000
Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $7,459 $104,460 $12,120 $92,340
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.

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