368 Gates Avenue Condominium
368 Gates Avenue, Brooklyn, NY 11216
Overview
368 Gates Avenue is a 4-unit condo in Brooklyn.
- Offering plan: Accepted December 2016 · 324 pages · floor plans on page 32
- Finishes: 8'7" ceilings, wood floors, quartz kitchen countertops, white shaker cabinets, Fisher & Paykel, Bertazzoni and Bosch appliances and washer/dryer hook-ups
- Prices: $991 a square foot on average, as first offered; $4.76 million in all ($4.67 million when first offered)
- Common charges: $372–$544 a month, the sponsor's first-year estimate
- Sponsor: 368 Gates Ave, LLC, represented by The Law Office Of Jay Lichtman, P.C.; principals Rafael Reihanian
- Subway: 6-minute walk to Bedford-Nostrand Avs (G); 9 minutes to Nostrand Av (A, C)
- Amendments: 1, the latest in March 2017
- Units
- 4 residential
- Subway
- 6 min walk to Bedford-Nostrand Avs GNostrand Av A C, 9 min
- Principals
- Rafael Reihanian
- Average $/sf
- $991Homes in Schedule A, as first offered
- Common charges
- $372–$544 a monthSponsor's first-year estimate in Schedule A, April 1, 2017
- Offering price
- $4.76 million total $4.67 million when first offered
- Floor plans
- Page 32 of the plan
- SubmittedMarch 2017
- AcceptedDecember 2016
- 1 amendment
- First sale
- Latest sale
Units & Prices
Sales
From city records (ACRIS), through Jul 31, 2026.
First-Year Budget
From our research: NYC Co-op and Condo Tax Abatement: Is It Worth Paying Prevailing Wage? (Board Calculator)
Ask Claude or ChatGPT: How do 368 Gates Avenue's common charges compare with similar buildings? →
Property Taxes
The plan's first-year tax estimate, checked against the city's real bills.
Each home's estimate, city bills and tax breaksSee it free →Closing Costs
The buyer pays the NYC and NY State transfer taxes, which a seller usually pays.
All 9 closing costs in the plan, with their pagesSee it free →The Building
Amendments
Amendment 1 Mar 24, 2017
Offering prices updated for two units.
- Unit 1 offering price: $1,290,000
- Unit 2 offering price: $1,075,000
Team
- Sponsor
- 368 Gates Ave, LLC
- Principals
- Rafael Reihanian
- Tax estimate
- Metropolitan Realty Exemptions, Inc.Prepared the first-year real estate tax projection
- General contractor
- Emma Group ManagementHeld the general construction permit on DOB job 320625034
- Title agency
- Reliable Abstract Co. LLCThe sponsor's title company for buyers; you can choose another · Named on p. 167
- Buyer's lenders
- First Meridian Mortgage, FM Home LoansThe sponsor's preferred mortgage lenders; you can use another · Named on p. 6
From our research: What Does a Title Agency Do, and How Do You Pick One for a NYC Condo?
Zoning
- Zoning district
- R6B
Today's zoning, from city data (PLUTO 26v2).
Nearby
- 399 Gates Avenue Condominiumnext door · 16 units · 8 parking · 2017
- 228 Quincy Street Condominiumnext door · 6 units · 2020
- Nostrand Avenue Condominiumnext door · 20 units · 2019
- 197 Quincy Street Condominiumnext door · 10 units · 2021
- Belle Grove Condominium0.1 mi · 4 units · 2024
- 206 Lexington Avenue Condominium0.1 mi · 4 units · 2018
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