242 Gates Avenue, Brooklyn, NY 11238

242 Gates Avenue, Brooklyn, NY 11238 is a 3-story two-family home, built in 1899, with 2 residential units, on a 1,917 sq ft lot. The city's 2027 market value is $2,849,000. It last sold on 12/27/2023 for $3,250,000. City records list 5 mortgages and 1 sale for this lot.

1. 2027City market value set at $2,849,000
2. 12/27/2023Sold for $3,250,000
3. 1899Building completed

Address

242 Gates Avenue

Borough

Brooklyn

Zip code

11238

Block & lot

01985-0029

BBL

3019850029

Condo number

—

Community district

303

School district

13

Council district

36

Historic district

—

Owner

Locked. Included in the full report.Unlock owner name for free

Property type

Two family dwelling (B3)

Square feet

2,912 sq ft

Building dimensions

Locked. Included in the full report.

Stories

3

Year built

1899

Year altered

—

Residential units

2

Total units

2

Buildings on lot

1

Lot sq ft

1,917

Lot dimensions

17 ft x 115 ft

Zoning

Locked. Included in the full report.

FAR

Locked. Included in the full report.

Buildable area

Locked. Included in the full report.

Market value

$2,849,000

Tax year

2027

Last sale date

12/27/2023

Last sale price

$3,250,000

Tax amount

Locked. Included in the full report.

Loan amount

Locked. Included in the full report.

• Pre-foreclosureAny open foreclosure case on the lot: plaintiff, filing date, case type and court status.
• Owner & contacts· 9 people and companiesOwner of record is an individualOwner of record, deed owners, mailing address, registered officers and managing agent, permit applicants.
• Sales history· 1 saleEvery priced sale on the lot, with unit and building class at the time of sale.
• Financials· 5 mortgagesOpen mortgages, lenders, loan amounts, recording and maturity dates, estimated equity.
• Tax· 5 years of assessmentsAnnual tax bill, tax class and assessment history by roll year.
• Permits· 8 permitsBuilding permit filings, job types, status and estimated cost.
• DevelopmentZoning districts, residential, commercial and facility FAR, unused air rights.
• ViolationsOpen and closed housing and building violations with balances due.

When was 242 Gates Avenue built?

242 Gates Avenue was built in 1899, according to the city's lot file.

How many units does 242 Gates Avenue have?

242 Gates Avenue has 2 units across 3 stories.

When did 242 Gates Avenue last sell?

It last sold on 12/27/2023 for $3,250,000, according to the city's recorded sales.

What is 242 Gates Avenue worth?

The city's 2027 market value for 242 Gates Avenue is $2,849,000. That is the city's assessment estimate, not an appraisal or an asking price.

Who owns 242 Gates Avenue?

Create a free Hercules account to see the owner of record for 242 Gates Avenue. The full report adds the deed owners, the mailing address and the people named on the building's registrations.

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City market value and tax year

Market value is the city's estimate for tax purposes. This is not a current sale price or an appraisal.

Valuation tax year: 2027

Recorded sale

Latest recorded sale date: 12/27/2023

Refresh dates are not available in this preview. The tax year and sale date describe the records, not when Hercules last refreshed them.

Product facts · Market value, assessed value and sale price explained