486 Gates Ave, Brooklyn, NY 11216 Property Records

New York City property record for 486 Gates Ave, Brooklyn, NY 11216

Property Summary

Property TypeMulti-Family Dwellings
Details10,280 sqft · built 1931
Lot Size0.057 acres (2,500 sqft)
OwnerCompany Name on Record
Last Sale$14,375,223 (Jul 2019)
Deeds & MortgagesJan 2026 Mortgage
Jul 2019 Sale
+ 5 more
APN01814-0010

Property Details

APN / Parcel Number

Primary APN01814-0010
Alternative APNs
  • 0610018140010
  • 3-01814-0010

Interior

Units16 Units
Stories4 Stories
Building Area10,280 sqft Living Area
1st Floor Area1,625 sqft

Exterior

Year BuiltBuilt 1931
Effective Year BuiltEffective 1931
Architectural StyleMulti-Family
Lot Area2,500 sqft (0.057 acres)
Lot Dimensions100 ft deep x 25 ft wide

Location & Zoning

Account Number3-01814-0010
Street Address486 GATES AVE
CityBROOKLYN
StateNY
Zip11216-1578
Property CategoryResidential
Property TypeResidential > Multi-Unit > Multi-Family Dwellings
Local Zoning CodeR6A
Legal Block1814
Legal Lot Number10
JurisdictionKINGS (BROOKLYN) NY
Township / Civil DivisionBROOKLYN
Census Block Group3
Census Block3001
Census Tract26500

Owner

Source: New York City records, as of August 31, 2026

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Owner of RecordCompany Name on Record
Mailing Address2 KINGSLAND AVE, BROOKLYN, NY 11211-1695
Owner TypeCompany
VestingGovernment

Deeds, Mortgages & Sale History

DateDocument
Jan 2, 2026Deed of Trust, Mortgage
THE CITY OF NEW YORK
Jul 22, 2019Deed, Transfer
Jun 27, 2019Loan Modification, Mortgage
MISCELLANEOUS GOVT AGCY
Jul 22, 2019Loan Modification, Mortgage
HOUSING & CMNTY DEV DEPT
Jun 27, 2019Loan Modification, Mortgage
MISCELLANEOUS GOVT AGCY
Jun 27, 2019Loan Modification, Mortgage
MISCELLANEOUS GOVT AGCY
Feb 28, 2017Deed of Trust, Mortgage
MISCELLANEOUS GOVT AGCY

Assessor's Deed Record

Deed NamesName on Deed
Last SaleJul 15, 2019 · Amount on Record
Deed SaleJul 15, 2019 · Amount on Record
Deed Document Number2019222437
Prior Transfer DateDec 28, 2006
Prior Transfer Doc0000008380
Record UpdatedOct 29, 2026

January 2026: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionKINGS (BROOKLYN) NY
Property Address486 GATES AVE, BROOKLYN, NY 11216-1578
Transaction TypeMortgage
Record UpdatedJan 13, 2026

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number0000001360
DateJan 2, 2026
Instrument2026000001360
Lender
NameTHE CITY OF NEW YORK
AddressDEPARTMENT OF HOUSING PRESERVATION AND DEVELOPMENT, NEW YORK, NY 10038
Agreement
AmountAmount Recorded

July 2019: Deed, Transfer

Document TypeDeed
JurisdictionKINGS (BROOKLYN) NY
Recording DateJul 22, 2019
Property Address486 GATES AVE, BROOKLYN, NY 11216-1578
Document Number0000231121
Instrument DateJun 27, 2019
Instrument2019000231121
Transaction TypeTransfer
Record UpdatedAug 19, 2022

Transaction

Tax$0.00
Additional
  • Arm's Length
  • Multiple Parcels

Transferred From (Grantor/Seller)

NameVerified Name
Address584 BROADWAY RM 1208, 584, NEW YORK, NY 10012-5237

Transferred To (Grantee/Buyer)

NameVerified Name
Address2 KINGSLAND AVE # 1, 1, BROOKLYN, NY 11211-1695
Mail Care Of: ST NICKS ALLIANCE CORP
InvestorPossibly a Property Investor

June 2019: Loan Modification, Mortgage

Document TypeLoan Modification
JurisdictionKINGS (BROOKLYN) NY
Property Address486 GATES AVE, BROOKLYN, NY 11216-1578
Document Number0000231147
Instrument DateJun 27, 2019
Transaction TypeMortgage
Record UpdatedAug 2, 2019
Title CompanyFEDERATED NATIONAL LAND LLC, FEDERATED NAT'L LAND LLC

Transaction

Additional
  • Multiple Parcels

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipCompany
Address2 KINGSLAND AVE #1ST BROOKLYN NY 112111695, 1ST, BROOKLYN, NY 11211-1695

Mortgage

Document Number0000231147
DateJul 22, 2019
Instrument231147
Lender
NameMISCELLANEOUS GOVT AGCY
Address100 GOLD ST, NEW YORK, NY 10038-1605
Agreement
AmountAmount Recorded

July 2019: Loan Modification, Mortgage

Document TypeLoan Modification
JurisdictionKINGS (BROOKLYN) NY
Recording DateJul 22, 2019
Property Address486 GATES AVE, BROOKLYN, NY 11216-1578
Instrument DateJun 27, 2019
Instrument231152
Transaction TypeMortgage
Record UpdatedJul 31, 2019
Title CompanyFEDERATED NATIONAL LAND LLC, FEDERATED NAT'L LAND LLC

Transaction

Tax$0.00
Additional
  • Multiple Parcels

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipCompany
Address584 BROADWAY #1208 NEW YORK NY 100125237, 1208, NEW YORK, NY 10012-5237

Mortgage

Document Number0000231152
DateJul 22, 2019
Instrument231152
Lender
NameHOUSING & CMNTY DEV DEPT
TypeConstruction/Development Company
Address110 WILLIAM ST, NEW YORK, NY 10038-3901
Agreement
AmountAmount Recorded
Interest
Rate2.72%

June 2019: Loan Modification, Mortgage

Document TypeLoan Modification
JurisdictionKINGS (BROOKLYN) NY
Property Address486 GATES AVE, BROOKLYN, NY 11216-1578
Document Number0000231137
Instrument DateJun 27, 2019
Transaction TypeMortgage
Record UpdatedAug 2, 2019
Title CompanyFEDERATED NATIONAL LAND LLC, FEDERATED NAT'L LAND LLC

Transaction

Additional
  • Multiple Parcels

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipCompany
Address2 KINGSLAND AVE #1ST BROOKLYN NY 112111695, 1ST, BROOKLYN, NY 11211-1695

Mortgage

Document Number0000231137
DateJul 22, 2019
Instrument231137
Lender
NameMISCELLANEOUS GOVT AGCY
Address100 GOLD ST, NEW YORK, NY 10038-1605
Agreement
AmountAmount Recorded

June 2019: Loan Modification, Mortgage

Document TypeLoan Modification
JurisdictionKINGS (BROOKLYN) NY
Property Address486 GATES AVE, BROOKLYN, NY 11216-1578
Document Number0000231142
Instrument DateJun 27, 2019
Transaction TypeMortgage
Record UpdatedAug 2, 2019
Title CompanyFEDERATED NATIONAL LAND LLC, FEDERATED NAT'L LAND LLC

Transaction

Additional
  • Multiple Parcels

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipCompany
Address2 KINGSLAND AVENUE FIRST FL NEW YORK NY 10012, NEW YORK, NY 10012

Mortgage

Document Number0000231142
DateJul 22, 2019
Instrument231142
Lender
NameMISCELLANEOUS GOVT AGCY
Address100 GOLD ST, NEW YORK, NY 10038-1605
Agreement
AmountAmount Recorded

February 2017: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionKINGS (BROOKLYN) NY
Property Address486 GATES AVE, BROOKLYN, NY 11216-1578
Document Number0000099044
Instrument DateFeb 28, 2017
Transaction TypeMortgage
Record UpdatedMar 21, 2017
Title CompanyFEDERATED TITLE SERVICES

Transaction

Additional
  • Multiple Parcels

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipLimited Partnership
Address584 BROADWAY #1208 NEW YORK NY 100125237, 1208, NEW YORK, NY 10012-5237

Mortgage

Document Number0000099044
DateMar 13, 2017
Instrument99044
Lender
NameMISCELLANEOUS GOVT AGCY
AddressNEW YORK, NY 10038
Agreement
AmountAmount Recorded

Tax Assessment & Valuation

Source: New York City assessment roll, as of May 4, 2026

Property Jurisdictions

TypeName
StateNew York
CountyKings County
MunicipalityNew York City
Unified School DistrictNew York City Department Of Education (PK - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2026$895,950 (+72.83%) Land $13,950 Building $882,000$1,991,000 (+72.83%) Land $31,000 Building $1,960,000
2023Additional exemption filed$518,400 Land $13,950 Building $504,450$1,152,000 Land $31,000 Building $1,121,000

Assessed value is set for property tax purposes, not a market price estimate; it is a fraction of this property's market value.

Flood

Source: FEMA National Flood Hazard Layer · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood ZoneNot on file
Nearby Flood Policies1 in force

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire RiskNot rated
no burnable land within ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water SystemNEW YORK CITY SYSTEM
serves 8,271,000 people · EPA ID NY7003493
Water SourceSurface water
Last State InspectionDec 2025
Lead10 ppb (2024)
action level 15 ppb

Violations Reported to EPA

Water QualityNone
last 10 years
Treatment and ProcedureUncovered finished water reservoir
currently in violation since Feb 2017
Monitoring and ReportingNone
last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 2,010 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
Optimum
Fiber · Cable
8,000 / 8,000
Verizon
Fiber · Fixed Wireless in parts of the area
2,300 / 2,300
T-Mobile
Fixed Wireless
100 / 20

May also be available: Andrena, Skywire Networks, Starry.

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Nearby Streets

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