Gates Tower Condominium
311 St Nicholas Avenue, at Gates Avenue, Ridgewood, Queens
BBL 4034477501 · BIN 4082334
- Year built
- 1930
- Type
- Condominium
- Floors
- 5
- Landmark
- No
- Amenities
- Elevator, gated entry, resident superintendent, common laundry and private balconies in part of the inventory
Every recorded sale at this building, 2012–2026
Price-per-square-foot over time, the line- and floor-premium curves, and every recorded sale.
- Median $/sf
- $833
- Listing discount
- 2.2%
- Recorded sales
- 30
- On record
- 2012–2026
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A Private Pricing Opinion — what your apartment at Gates Tower Condominium would likely sell for today, what it costs to sell, and what you’d walk away with — reviewed personally against condition, exposures, renovation quality, and the competition actually on the market.
Gates Tower is a residential addition to an older commercial property at Gates and St Nicholas Avenues. DOB's alteration filing describes the vertical extension of a one-story building into a five-story mixed-use property with 24 apartments. Michael Kang was the architect on that filing. The resulting condominium has elevator access and private balconies, with individual apartment sales beginning in 2012.
This history explains why the property's original construction date does not describe the age of its apartments. The site previously held commercial uses, and the residential floors were added in a later redevelopment. The corner location also puts the building close to Myrtle–Wyckoff Avenues, where subway access connects Ridgewood to Brooklyn and Manhattan.
The ongoing 421-a benefit is an important part of the ownership picture. Its 15-year term began in 2013 and remains active on the 2027 roll. Residential ownership is dispersed, with no single owner holding more than two of the 24 apartments.
Architecture and unit composition
The residential development occupies a corner with frontage on two streets. Upper floors contain one- and two-bedroom apartments, including corner homes and plans with balconies off the living space. Open kitchens, large windows and connected living and dining areas recur in the apartment inventory.
One-bedroom homes include compact plans around the mid-600-square-foot category. Larger two-bedroom apartments can have two full bathrooms and interior areas around 900 to 1,100 square feet. Some recorded residences are larger still. This is a varied collection of floor plans within a relatively small condominium.
Balconies are attached to individual apartments. Their orientation follows the location of the home within the building: some face toward St Nicholas Avenue, while corner layouts take light from more than one direction. A balcony adds outdoor use without changing the apartment's interior bedroom count or creating another enclosed room.
The commercial base and residential addition are separate parts of the building's history. An earlier DOB alteration addressed the conversion of a one-story light-industrial use to a drugstore; the later vertical-extension filing introduced the apartment floors. The residential program therefore belongs to the modern redevelopment even though PLUTO retains the older construction year.
Non-residential condominium lots also include parking interests. DOF's records identify condominium parking on the property. These parking lots are distinct from the 24 apartments; owning one doesn't mean every home comes with a space.
Building operations
The building has elevator access, a gated entrance, common laundry and a resident superintendent. Its amenity provision centers on those everyday services and the private outdoor space attached to some homes. Commercial and parking interests are part of the condominium alongside the residences.
The current DOF roll shows 24 residential lots and 18 non-residential lots. The largest residential owner holds two apartments, or about eight percent of the homes. Twenty-two apartments have a recorded sale, and individual resales have continued after the first closing period.
The residential lots are in Class 2, while the non-residential lots are in Class 4. The active 421-a program is the 15-year capped form beginning in 2013. Its remaining benefit belongs to a finite schedule, and earlier apartment advertisements can describe a different year of that schedule. The current tax classification and exemption term are more useful for comparing carrying costs than an old advertised tax amount.
Recent sales
Recent closings at this building, curated by The Roebling Team research desk. Prices are the transfer amounts recorded with the NYC Department of Finance; apartment-level detail is checked against the building’s own file in The Roebling Research Library before publishing.
| Date | Unit | Apartment | Price | PPSF | vs. Ask |
|---|---|---|---|---|---|
| Aug 14, 2026 | 3B | 2 BR · 2 BA · 910 sf | $758,000 | $833/sf | +1.1% |
| Jan 27, 2023 | 3F | 2 BR · 2 BA · 879 sf | $606,000 | $689/sf | +4.5% |
| Oct 28, 2021 | 4A | 2 BR · 2 BA · 1,391 sf | $600,000 | $431/sf | off-mkt |
| May 27, 2021 | 3H | 1 BR · 1 BA · 695 sf | $430,000 | $619/sf | off-mkt |
| Nov 26, 2019 | 3G | 1 BR · 1 BA · 645 sf | $435,000 | $674/sf | -12.8% |
| Feb 2, 2018 | 2G | 1 BR · 804 sf | $465,000 | $578/sf | +0.0% |
| Mar 31, 2017 | 4H | 1 BR · 2 BA · 917 sf | $491,416 | $536/sf | +9.2% |
| Feb 16, 2017 | 3E | 2 BR · 2 BA · 1,102 sf | $537,863 | $488/sf | -2.2% |
Market read. Most recent trades (2026) cleared a median $833/sf across 1 sale. Median listing discount 2.2% from the last ask — a recurring negotiation gap worth pricing into any offer or listing strategy.
The retrade record
Lines that have traded more than once in the public record — the building’s appreciation arc, apartment by apartment.
Full closing history with price-per-square-foot over time, the complete retrade record, and every line that has traded.
Sales sourced from NYC Department of Finance recorded transfers (BBL 4-03447-7501) and verified listing data. Apartment-level facts (line, condition, asking-price context) curated and cross-verified by The Roebling Team research desk. Not all transactions cross-verify with ACRIS records — sponsor and LLC purchases sometimes record at stipulated values rather than market price; square footage from recorded condo declarations and offering plans.
Buying here? Condo closing costs with a mortgage typically run 3 to 6% of the price. See NYC co-op and condo closing costs, line by line.
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Comparable buildings
- The Ridgewood Condominium — The closest direct peer in tenure and residential scale, with a low-rise condominium form and private outdoor space in some homes.
- Wy 101 Lofts — A nearby Bushwick condominium conversion with industrial interior volume and a similarly limited residential inventory.
- The Knick — A larger Bushwick condominium conversion for buyers comparing reused older buildings with Gates Tower's vertical addition.
- Horizon Towers — A broader Queens peer in low-rise condominium scale, with residential, professional and parking components.
- 5 Court Square West — A more distant modern Queens condominium for buyers comparing an elevator building with a larger residential count and a Court Square location.
More Ridgewood buildings
- 63-15 Forest Avenue — 2007 condominium
- 63-34 Fresh Pond Road (The Ridgewood Condominium) — 2013 condominium
- Gallery Condominium, 62-48 60th Place — 2010 condominium
- Glenridge Mews, 61-20 71st Avenue — 1991 condominium
The neighborhood
For the full neighborhood — its buildings, character, and market — read The Roebling Team Guide to Ridgewood.
How to read the facts on this page. Items attributed to an offering plan describe the building as it was offered at that filing — unit mix, square footage, the amenity program as planned. They are not a statement about how the building operates today. Tax and compliance figures are sourced separately to current City records and carry their own dates. House rules, staffing and fee policy can change by board resolution without any public filing: treat every policy line here as a starting point for diligence and confirm it with the managing agent. Where this page compares one building or neighborhood to another, that is our analysis of the recorded record — it names the measure, the period and the sample it rests on, and it is an observation about medians rather than a prediction about any particular apartment.
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