NOT LISTED FOR SALE

505 Gateway Dr Brooklyn, NY 11239

East New York Neighborhood
-- Bed
-- Bath
8,115 Sq Ft
8,102 Sq Ft Lot

About This Home

This home is located at 505 Gateway Dr, Brooklyn, NY 11239. 505 Gateway Dr is a home located in Kings County with nearby schools including P.S. 224 Hale A Woodruff, Van Siclen Community Middle School, and Achievement First Aspire Charter.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 24, 2023
Sold by
Gateway Center Properties I Llc
Bought by
Gateway Center Properties I Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,500,000
Outstanding Balance
$2,438,888
Interest Rate
6.43%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

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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.

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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.

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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.

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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
Gateway Center Properties I Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gateway Center Properties I Llc $2,500,000
Source: Public Records

Tax History Compared to Growth

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 $61,077 $1,062,450 $180,000 $882,450
2024 $61,077 $953,550 $180,000 $773,550
2023 $53,236 $972,900 $180,000 $792,900
2022 $45,130 $966,150 $180,000 $786,150
2021 $19,249 $677,700 $180,000 $497,700
2020 $9,625 $1,030,050 $180,000 $850,050
2019 $49,664 $1,970,550 $180,000 $1,790,550
2018 $39,234 $1,946,250 $180,000 $1,766,250
2017 $49,556 $2,749,500 $180,000 $2,569,500
2016 $14,123 $1,017,900 $180,000 $837,900
2015 $5,573 $967,050 $180,000 $787,050
2014 $5,573 $957,600 $99,000 $858,600
Source: Public Records

Map

New York Kings County Brooklyn 11239 East New York

505 Gateway Dr, Brooklyn, NY

This home is located at 505 Gateway Dr, Brooklyn, NY 11239. 505 Gateway Dr is a home located in Kings County with nearby schools including P.S. 224 Hale A Woodruff, Van Siclen Community Middle School, and Achievement First Aspire Charter.

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