405 Gates Ave Brooklyn, NY 11216
Property Lookup
Property profile & analytics
405 Gates Ave Brooklyn, NY 11216
- Commercial real estate
- 11,100 SF
- 0.09 lot acres
Property ID
US63-5620445
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Commercial real estate
Property Details for 405 Gates Ave
- Year built
- 1931
- Lot size
- 0.09 lot acres
- Property size
- 11,100 SF
- Zone code
- R6A
- Property type
- Commercial real estate
- APN
- 01807-0056
- APU
- 18070056
Description
This exceptional 2,000-square-foot retail space is ideally situated in the vibrant North Brooklyn submarket of Kings County, at 405-407 Gates Avenue. The property offers a single-tenant occupancy, providing an unparalleled opportunity for a business seeking a prominent location with high visibility. The entire 2,000 square feet is currently vacant and ready for immediate occupancy, allowing for complete customization to suit a tenant's specific needs and brand aesthetic. This presents a blank canvas for a retailer to establish a strong presence in a thriving neighborhood known for its diverse population and high foot traffic. The property's classification as commercial retail ensures its suitability for a wide range of businesses, from boutiques and cafes to service providers and specialty shops. Its location in North Brooklyn offers excellent access to public transportation, making it easily accessible to customers from across the borough and beyond. The single-tenant setup provides privacy and control, eliminating the complexities of multi-tenant management. This is a rare opportunity to secure a substantial retail space in a highly desirable area, offering significant potential for growth and success. Interested parties are encouraged to inquire promptly to secure this exceptional property. The property is available for lease.
Value Estimations
based on Realmo’s proprietary methodology
-
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $4,925,000 Current use
- APARTMENT HOUSE (5+ UNITS)
- $4,035,000 Change: -18% Conversion: Moderate
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Brooklyn
- County
- Kings
- State
- New York
- Longitude
- -73.951
- Latitude
- 40.6864
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$80,981
$17,550
$747,000
$764,550
-
$39,000
$1,660,000
$1,699,000
