551 Gates Ave, Brooklyn, NY 11216 Property Records

New York City property record for 551 Gates Ave, Brooklyn, NY 11216

Property Summary

Property Type	Mixed Use Commercial Office / Residential
Details	4,000 sqft · built 1931
Lot Size	0.046 acres (2,000 sqft)
Owner	Company Name on File
Last Sale	$2,325,000 (Mar 2022)
Tax Bill	$5,318 (2025)
Deeds & Mortgages	Mar 2022 Sale Mar 2022 Sale & Mortgage + 2 more
APN	`01809-0044`

Property Details

APN / Parcel Number

Primary APN	`01809-0044`
Alternative APNs	`0610018090044` `3-01809-0044`

Interior

Units	12 Units
Stories	3 Stories
Building Area	4,000 sqft Gross Area
1st Floor Area	1,000 sqft

Exterior

Year Built	Built 1931
Effective Year Built	Effective 1931
Lot Area	2,000 sqft (0.046 acres)
Lot Dimensions	100 ft deep x 20 ft wide
View / Lot	Corner

Location & Zoning

Account Number	3-01809-0044
Street Address	551 GATES AVE
City	BROOKLYN
State	NY
Zip	11216-1507
Property Category	Commercial
Property Type	Commercial > Office > Mixed Use Commercial Office / Residential
Local Zoning Code	R6A
Legal Block	1809
Legal Lot Number	44
Jurisdiction	KINGS (BROOKLYN) NY
Township / Civil Division	BROOKLYN
Census Block Group	2
Census Block	2001
Census Tract	26500

Owner

551 Gates Ave, a commercial property, is owned by a company that bought it in March 2022.

Source: New York City records, as of May 4, 2026

Owner of Record	Company Name on File
Mailing Address	68 34TH ST, BROOKLYN, NY 11232-2013
Owner Type	Company
Vesting	Limited Liability Company

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

Deeds, Mortgages & Sale History

Date	Document
Mar 23, 2022	Deed, Transfer
Mar 23, 2022	Deed, Transfer TD BANK N.A.
Feb 7, 2019	Deed of Trust, Mortgage SIGNATURE BANK
Feb 4, 2019	Loan Modification, Mortgage · Line of Credit SIGNATURE BK

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Mar 23, 2022 · Amount on File
Deed Sale	Mar 23, 2022 · Amount on File
Prior Sale	Aug 28, 2013 · Amount on File
Deed Document Number	2022123381
Record Updated	Oct 29, 2026

March 2022: Deed, Transfer

Document Type	Deed
Jurisdiction	KINGS (BROOKLYN) NY
Recording Date	Mar 23, 2022
Property Address	551 GATES AVE, BROOKLYN, NY 11216-1507
Document Number	0000123380
Instrument Date	Mar 7, 2022
Instrument	2022000123380
Transaction Type	Transfer
Record Updated	Mar 29, 2022

Transaction

Tax	$0.00
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name
Address	3008 AVENUE J, 3008, BROOKLYN, NY 11210-3838

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	3008 AVENUE J, BROOKLYN, NY 11210-3838

March 2022: Deed, Transfer

Document Type	Deed
Jurisdiction	KINGS (BROOKLYN) NY
Recording Date	Mar 23, 2022
Property Address	551 GATES AVE, BROOKLYN, NY 11216-1507
Document Number	0000123381
Instrument Date	Mar 7, 2022
Instrument	2022000123381
Transaction Type	Transfer
Record Updated	Mar 29, 2022

Transaction

Amount	Amount on Record
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$0.00
Amount Accuracy	Full Amount Stated
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name
Address	3008 AVENUE J, 3008, BROOKLYN, NY 11210-3838

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	68 34TH ST, BROOKLYN, NY 11232-2013

Mortgage

Document Number	0000123383
Date	Mar 23, 2022
Instrument	2022000123383

Lender

Name	TD BANK N.A.

Agreement

Amount	Amount on Record

February 2019: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	KINGS (BROOKLYN) NY
Property Address	551 GATES AVE, BROOKLYN, NY 11216-1507
Transaction Type	Mortgage
Record Updated	Mar 5, 2021

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	3008 AVENUE J, BROOKLYN, NY 11210-3838

Mortgage

Document Number	0000044331
Date	Feb 7, 2019
Instrument	2019000044331

Lender

Name	SIGNATURE BANK
Type	Bank
Address	68 S SERVICE RD, MELVILLE, NY 11747

Agreement

Amount	Amount on Record

February 2019: Loan Modification, Mortgage

Document Type	Loan Modification
Jurisdiction	KINGS (BROOKLYN) NY
Property Address	551 GATES AVE, BROOKLYN, NY 11216-1507
Document Number	0000044332
Instrument Date	Feb 4, 2019
Transaction Type	Mortgage
Record Updated	Feb 14, 2019
Title Company	RELIABLE ABSTRACT CORPORATION, RELIABLE ABSTRACT CORP.

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	3008 AVENUE J BROOKLYN NY 112103838, BROOKLYN, NY 11210-3838

Mortgage

Document Number	0000044332
Date	Feb 7, 2019
Instrument	44332

Lender

Name	SIGNATURE BK
Type	Bank
Address	68 S SERVICE RD, MELVILLE, NY 11747-2354

Agreement

Type	Line of Credit
Amount	Amount on Record

Interest

Rate Type	Adjustable Rate

Tax Assessment & Valuation

The 2025 property tax bill for 551 Gates Ave was $5,318, up 8% from the year before.

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

Property Jurisdictions

Type	Name
State	New York
County	Kings County
Municipality	New York City
Unified School District	New York City Department Of Education (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2026		$362,700 (+13.2%) Land $4,500 Building $358,200	$806,000 (+13.2%) Land $10,000 Building $796,000
2025	$5,318.00 (+7.98%)	$320,400 Land $4,500 Building $315,900	$712,000 Land $10,000 Building $702,000
2024	$4,925.00
2023	$4,925.00	$250,650 Land $4,500 Building $246,150	$557,000 Land $10,000 Building $547,000

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

Flood

FEMA has no flood map on file for 551 Gates Ave; 2 flood insurance policies are in force nearby.

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

FEMA Flood Zone	Not on file
Nearby Flood Policies	2 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

The area around 551 Gates Ave has no burnable land within ember reach, so its wildfire risk is not rated.

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

Wildfire Risk	Not 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 System	NEW YORK CITY SYSTEM serves 8,271,000 people · EPA ID NY7003493
Water Source	Surface water
Last State Inspection	Dec 2025
Lead	10 ppb (2024) action level 15 ppb

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	Uncovered finished water reservoir currently in violation since Feb 2017
Monitoring and Reporting	None 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

Provider	Max 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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