315 Gates Avenue (315 Gates)
315 Gates Avenue, Brooklyn, NY 11216
Bedford-Stuyvesant, Brooklyn
BBL 3019747501 · BIN 3397115
- Year built
- 2009
- Type
- Condominium
- Floors
- 6
- Landmark status
- Not an individual landmark; not in a historic district
- NYC Landmarks Preservation Commission and City Planning records, updated February 2026
- Doorman
- Requires confirmation
Every recorded sale at this building, 2010–2026
Price-per-square-foot over time, the line- and floor-premium curves, and every recorded sale.
- Median $/sf, 2026 to date
- $1,304
- floor-adjusted, 1 sale
- Listing discount
- 0.0%
- Recorded sales
- 145
- On record
- 2010–2026
Own an apartment here? See what it would sell for.
A Private Pricing Opinion — what your apartment at 315 Gates 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.
Bedford-Stuyvesant's western edge did not have purpose-built full-amenity condominium product before the late 2000s. It had brownstones, small conversions, and the occasional four-unit new build. 315 Gates was among the first buildings on this side of the neighborhood to offer the package that buyers were then getting in Williamsburg and Fort Greene — an elevator, a lobby, a roof terrace with a Manhattan view, an on-site garage, a resident lounge — at a Bedford-Stuyvesant price. That is why it is still a reference point in the submarket almost twenty years later, and why its resales tend to set the floor for what "amenity condominium" means here.
The design decision that matters is the massing. At six stories and 70 feet on a corner lot, the building sits within the low-rise streetscape around it; recorded floor area is 2.60 times the lot against a residential FAR of 3.00, a simple comparison that does not establish legal zoning floor area or what further work is permitted. Karl Fischer, whose office produced a very large share of Brooklyn's 2000s condominium stock, is the architect of record on the new-building filing — this is one of the firm's more restrained Brooklyn commissions, brick-forward and street-scaled rather than glass-forward.
The building's construction history explains a discrepancy buyers will notice. The Department of Finance carries a year built of 2009; the new-building job was not signed off until May 2011. The roughly three-year span runs from the March 2008 new-building filing to the May 2011 signoff, not from the 2009 year-built field. Confirm occupancy, tax-benefit and closing dates from their respective records; those milestones follow separate schedules.
Which brings us to the fact that should govern any purchase here. The 421-a benefit is finished or finishing. Listing records disagree on whether it expired in 2025 or 2026, and that ambiguity is itself the warning: a monthly tax figure copied from a listing here is very likely a phase-out-year number that no longer applies. The tax line for this building is now, or is about to be, a full unabated line, and that is a materially different carrying cost than the one this building traded on for most of its life. The benefit schedule is relevant to carrying costs, but does not by itself explain relative resale performance; compare dated sales and other apartment characteristics separately.
The last structural fact is documentation, and it is thin. There is no offering plan for 315 Gates in our library and no management-sourced policy record we can verify. Pets, subletting, minimum down payment, flip tax, move fees, house rules — none of it is documented in sources we can stand behind. In a building where the tax position is already in flux, that makes the document request the first step of a purchase rather than a formality.
Architecture and unit composition
The condominium occupies an irregular 25,800-square-foot corner lot, roughly 116 feet by 172 feet, and PLUTO counts two buildings on it — which is why the same condominium answers to both a Gates Avenue and a Bedford Avenue address. Six stories rise to 70 feet in brick with substantial glazing, with retail at the base along the commercial overlay frontage and a garage below.
The residential program is roughly 57,600 square feet of residential area. Against the Finance count of 72 residential units, the quotient is about 800 square feet per unit. Administrative residential area is not measured apartment area and does not establish the bedroom mix; compare actual plans and consistently measured areas with corridor loft conversions.
The variables that separate units here are the ordinary ones and they matter more than usual in a compact building: floor level, exposure (Gates Avenue, Bedford Avenue, or the interior), whether a parking space and a storage unit are deeded to the apartment, and whether an apartment carries private outdoor space. The deeded-parking question is worth confirming in writing — the roughly 67 non-residential condominium units in Finance records are consistent with parking and storage being conveyed separately, which means a space is an asset that transfers only if it is actually in the deed.
Building operations
315 Gates runs as a resident-governed condominium with a virtual doorman rather than a staffed lobby, a part-time superintendent and professional management. Purchaser review runs through a right of first refusal rather than a cooperative interview, and thirty-to-forty-five-day closings are normal.
The reported amenities include a lounge, screening room, roof terrace, cold storage, package room, bike room and garage. Review their condition and actual operating costs alongside elevators, roofing and façade maintenance. The stated six-story height does not itself trigger FISP. Construction age and the roughly 72-apartment count do not establish replacement schedules or each owner’s obligation. Obtain reserves, recent financial statements, capital plans and assessment history, including any work or assessment associated with the reported abatement expiry.
The building exceeds 25,000 square feet, placing it inside the city's energy benchmarking and building-emissions regimes. Ask the managing agent to state the Local Law 97 position in writing.
Monthly carrying charges in recent sales
- Common charges + taxes, per room
- $328 per room a monthMedian of 6 recorded sales since October 2023Source: recorded sales, refreshed October 2026
- Common charges + taxes, per square foot
- $1.61 per square foot a monthMedian of 5 recorded sales since October 2023Source: recorded sales, refreshed October 2026
Common charges plus real estate taxes, combined into one monthly figure the way New York condominium listings show them. Add a mortgage payment for the monthly outlay. A summary of recorded sales, not a current bill; charges change.
Building staffing and amenities
- Doorman
- Requires confirmationSources differ. Confirm with building management.
- Concierge
- YesSource: recent listing records
- Virtual or video entry
- YesSource: The Roebling Team's building profile
- Package room
- YesSource: The Roebling Team's building profile
- Elevator
- YesSource: NYC Department of Buildings elevator records
- Amenities noted
- Residents' lounge, media room, roof deck, garage, bike storage, storage, cold storageSource: The Roebling Team's building profile
Staffing and amenities as our building profile and recent listing records describe them. A feature not listed is not confirmed absent. Outdoor space, parking and some facilities can belong to particular apartments or to a separate owner; confirm access for the specific apartment.
Local Law 97
- 2024–2029 annual penalty
- $0 (under cap)
- 2030–2034 annual penalty
- $17,387/yr
- Per unit / month range
- $0 – $20
- Modeled exposure split equally across 72 units (the residential count on the city's lot record). Not an assessed amount; condominium owners are typically charged by each unit's common-interest percentage.
Source: NYC LL84 benchmarking and PLUTO · The Roebling Research Library. City data last refreshed September 2026.
See full Local Law 97 analysis — emissions history, scenarios, methodology →421-a Tax Abatement
- Last year of benefit
- FY2026
- Fully taxed from
- FY2027 (2026–27)
- Program
- 421-a (15-year)
The 421-a benefit has run its term, so taxes on these units have stepped up toward the full assessed amount. Get the current tax bill for the specific apartment and compare its tax component with any older listing: an earlier carrying-cost figure may reflect the benefit, or different common charges and assessments. Treat a comparable sale made while the abatement was still running as priced under different taxes.
Source: NYC Dept. of Finance property-tax exemption records (421-a), refreshed 2026-09-06 · The Roebling Research Library. Confirm the exact step-up schedule on the building’s DOF tax bill. Years shown are NYC tax years, which start July 1 — FY2027 runs July 1, 2026 to June 30, 2027. The benefit last appears on the 2026 assessment roll, which is what dates the end of the term.
The 421-a Expiration Wave — our study of when these benefits expire citywide, and what the resale record shows about pricing as they do.
Recent sales
315 Gates trades as a compact amenity condominium and should be benchmarked against other purpose-built condominium product in western Bedford-Stuyvesant and Clinton Hill on a dollars-per-square-foot basis, not against the loft conversions or the brownstone floor-throughs that share the neighborhood.
The dominant distortion is the abatement. For most of this building's trading life, buyers underwrote an abated tax line; that line is now expiring or expired. Any comparable drawn from a sale more than a year or two old embeds a tax assumption that no longer holds, and the correct exercise is a full True Monthly Carrying Cost comparison at current unabated taxes rather than a price-per-foot comparison. The second distortion is parking: apartments that convey a deeded space are a different product from those that do not, and the difference is not always visible in a price-per-foot table. Unit-level transaction history is maintained in The Roebling Research Library and shared with clients during diligence.
Recent closings at this building, from The Roebling Research Library. 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 |
|---|---|---|---|---|---|
| Jun 24, 2026 | 4E | 2 BR · 2 BA · 985 sf | $1,275,000 | $1,294/sf | +2.0% |
| Oct 10, 2025 | 3L | 2 BR · 2 BA · 925 sf | $975,000 | $1,054/sf | -7.1% |
| Jun 24, 2025 | 5C | 2 BR · 1 BA · 733 sf | $925,000 | $1,262/sf | -1.1% |
| Jan 17, 2025 | 5G | 2 BR · 2 BA · 1,014 sf | $1,300,000 | $1,282/sf | +2.0% |
| Jul 1, 2024 | 3G | 1 BA · 435 sf | $537,000 | $1,234/sf | -2.4% |
| Aug 4, 2023 | 6B | 1 BR · 1 BA · 698 sf | $899,000 | $1,288/sf | +0.0% |
| Apr 5, 2023 | 3A | 1 BR · 1 BA · 781 sf | $869,000 | $1,113/sf | -3.3% |
| Mar 27, 2023 | 5F | 1 BR · 1 BA · 676 sf | $730,000 | $1,080/sf | +0.7% |
Market read. Most recent trades (2026 to date) cleared a median $1,304/sf (floor-adjusted) across 1 sale. Floor-adjusted means each sale is restated to a constant mix of floors, so the figure can differ from the plain median of the sales listed above. Median listing discount 0.0% from the last ask.
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 3-01974-7501; each condominium apartment is its own tax lot). Apartment-level facts (line, condition, asking-price context) curated and cross-verified in The Roebling Research Library. 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.
What would your apartment rent for?
Enter your apartment and I'll send you what it would rent for, from comparable closed leases at 315 Gates and nearby.
At the recent median sale of $1.13M (4 sales in the past 24 months, since October 22, 2024), a buyer putting 25% down would pay about $50,373 to close, or 4.5% of the price.
- Mansion tax: $11,250
- Mortgage recording tax: $16,242
- Title insurance: $5,063
- Attorneys, lender, building fees, reserves and filings: $17,819
Assumes a resale (the seller pays transfer taxes), a $4,500 attorney fee and a mortgage on the rest.
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What to know if you’re buying
Start with the current tax bill, not the listing. Get the Department of Finance bill for the specific unit and confirm with the managing agent exactly where the 421-a benefit stands. Sources disagree on whether it ended in 2025 or 2026; that disagreement is a reason to verify rather than to average.
Request the documents, because we do not have them. Ask for the offering plan and all amendments, Schedule A, the current house rules, the last three years of financial statements, the reserve balance and capital plan, the pet and subletting policies, the minimum down payment, and any flip tax or move fee. Nothing in that list is documented in sources we can verify.
Confirm the unit count question does not affect your unit. Finance records 72 residential units; the new-building application proposed 68. That gap is almost certainly a scheme change during construction, but Schedule A is what governs your common-interest percentage and therefore your common charges.
Confirm the parking and storage in the deed. Marketed availability is not conveyance.
Confirm which building you are in. The condominium answers to 315 Gates Avenue, 1122 Bedford Avenue and 1124 Bedford Avenue. Exposure, entrance and noise profile differ meaningfully between the Gates Avenue and Bedford Avenue frontages.
Comparable buildings
If you're considering 315 Gates, also evaluate:
- 970 Kent Avenue (The Kent) — the large loft conversion on the Bedford-Stuyvesant–Clinton Hill industrial edge; more square footage per dollar, no abatement, full-service staffing
- 318 Knickerbocker Avenue (The Knick) — the 49-unit Bushwick conversion with a comparable amenity package and its own expiring abatement
- Clinton Mews (372 DeKalb Avenue) — heavy-timber industrial building converted to cooperative ownership in 1987–88, on the Pratt block; the tenure contrast at similar price points
- 75 Greene Avenue — a 1930 institutional building adaptively reused as a 22-unit Fort Greene condominium; boutique alternative
- The Sanctuary (264 Cumberland Street) — 13 condominiums in a former chapel and clergy residence in Fort Greene
- The Washington (35 Underhill Avenue) — a 39-unit two-building Prospect Heights condominium with a ground-floor commercial unit; the closest structural analogue in a neighboring market
- 195 Willoughby Avenue (Willoughby Walk) — the large postwar Clinton Hill cooperative opposite Pratt; lower carrying cost, cooperative approval
- 325 Clinton Avenue (Clinton Hill Apts. Owners Corp.) — the Clinton Hill cooperative campus; larger apartments in a different tenure
- 147 South Oxford Street — a Fort Greene elevator cooperative of 21 apartments; the small-building alternative
- 122 Ashland Place (University Towers) — the large Fort Greene cooperative tower; scale and tenure contrast
More Bedford-Stuyvesant buildings
- 244 Franklin Avenue — condominium
- 262 Skillman Street — 2006 condominium
- 311 Hart Street — condominium
- 41 & 49 Franklin Avenue — condominium
- 42–44 Skillman Street — 2004 condominium
- 43 Skillman Street — 2013 condominium
The neighborhood
For the full neighborhood — its buildings, character, and market — read The Roebling Team Guide to Bedford-Stuyvesant.
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.
Considering a move at 315 Gates?
Request a private building brief with the relevant comparable sales, current and off-market availability, and an apartment-specific view of value.
646.939.7375 · c.cohen@compass.com