NOT LISTED FOR SALE

584 Gates Ave Brooklyn, NY 11221

Bed-Stuy Neighborhood

Estimated Value: $2,072,649

-- Bed
-- Bath
1,620 Sq Ft
$1,279/Sq Ft Est. Value

About This Home

This home is located at 584 Gates Ave, Brooklyn, NY 11221 and is currently priced at $2,072,649, approximately $1,279 per square foot. 584 Gates Ave is a home located in Kings County with nearby schools including P.S. 44 Marcus Garvey, Unity Preparatory Charter School of Brooklyn, and Brooklyn Academy High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 5, 2024
Sold by
582 Gates Llc
Bought by
582 Gates Usa Llc
Current Estimated Value
$2,072,649

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$9,000,000
Outstanding Balance
$8,945,259
Interest Rate
6.79%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 4, 2017
Sold by
Cornell Gates Llc
Bought by
582 Gates Llc

Purchase Details

Closed on
Mar 30, 2017
Sold by
Glovin Esq Referee Kalmon
Bought by
Cornell Gates Llc

Purchase Details

Closed on
Oct 6, 2009
Sold by
Farmer Hillary
Bought by
Throop And Gates Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
5.14%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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
582 Gates Usa Llc $5,700,000 --
582 Gates Llc -- --
582 Gates Llc -- --
Cornell Gates Llc $1,695,000 --
Cornell Gates Llc $1,695,000 --
Throop And Gates Inc -- --
Throop And Gates Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 582 Gates Usa Llc $9,000,000
Closed 582 Gates Usa Llc $4,000,000
Previous Owner 230 Manhattan Ave Llc $111,100
Previous Owner 230 Manhattan Ave Llc $3,200,000
Previous Owner Throop And Gates Inc $250,000
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 $36,101 $444,150 $57,150 $387,000
2024 $36,101 $408,150 $57,150 $351,000
2023 $34,952 $347,850 $57,150 $290,700
2022 $32,136 $298,800 $57,150 $241,650
2021 $30,221 $282,600 $57,150 $225,450
2020 $34,446 $366,750 $57,150 $309,600
2019 $31,775 $339,300 $57,150 $282,150
2018 $29,883 $321,300 $57,150 $264,150
2017 $28,236 $300,150 $57,150 $243,000
2016 $24,343 $283,050 $57,150 $225,900
2015 $8,257 $267,300 $57,150 $210,150
2014 $8,257 $249,300 $57,150 $192,150
Source: Public Records

Map

New York Kings County Brooklyn 11221 Bed-Stuy

584 Gates Ave, Brooklyn, NY

This home is located at 584 Gates Ave, Brooklyn, NY 11221 and is currently priced at $2,072,649, approximately $1,279 per square foot. 584 Gates Ave is a home located in Kings County with nearby schools including P.S. 44 Marcus Garvey, Unity Preparatory Charter School of Brooklyn, and Brooklyn Academy High School.

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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