NOT LISTED FOR SALE

116 Gates Ave Brooklyn, NY 11238

Clinton Hill Neighborhood

Estimated Value: $2,953,000 - $3,600,000

Studio
-- Bath
3,624 Sq Ft
$914/Sq Ft Est. Value

About This Home

This home is located at 116 Gates Ave, Brooklyn, NY 11238 and is currently estimated at $3,314,053, approximately $914 per square foot. 116 Gates Ave is a home located in Kings County with nearby schools including P.S. 56 Lewis H Latimer, Achievement First Endeavor Charter School, and Brooklyn Waldorf School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 6, 2025
Sold by
Annie Richardson Revocable Living Trust and Karon Richardson Successor Trustee
Bought by
Foster Joanne
Current Estimated Value
$3,089,105

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,455,000
Outstanding Balance
$1,443,230
Interest Rate
6.01%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,870,823

Purchase Details

Closed on
Mar 24, 2022
Sold by
Joseph Richardson and Richardson Annie
Bought by
Annie Richardson As Trustee and Annie Richardson Revocable Living Trust

Purchase Details

Closed on
May 12, 2017
Sold by
Richardson Annie
Bought by
Annie Richardson As Trustee
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
Foster Joanne -- --
Annie Richardson As Trustee -- --
Annie Richardson As Trustee -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Foster Joanne $1,455,000
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 $6,095 $187,320 $40,800 $146,520
2024 $6,095 $202,920 $40,800 $162,120
2023 $6,104 $220,560 $40,800 $179,760
2022 $5,585 $180,540 $40,800 $139,740
2021 $5,487 $139,380 $40,800 $98,580
2019 $5,074 $147,300 $40,800 $106,500
2018 $4,883 $30,214 $6,279 $23,935
2017 $4,925 $28,513 $6,885 $21,628
2016 $4,499 $26,900 $8,769 $18,131
2015 $2,730 $25,380 $12,419 $12,961
2014 $2,730 $25,380 $12,128 $13,252
Source: Public Records

Map

New York Kings County Brooklyn 11238 Clinton Hill

116 Gates Ave, Brooklyn, NY

Not Listed for Sale

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