Retail building · East New York, Brooklyn
381 Gateway Drive
Brooklyn, NY 11239
381 Gateway Drive is a 1-floor retail building in East New York, Brooklyn, built in 2001, with about 38,000 square feet of retail space according to city records.
Also at 389 Gateway Drive.
- Retail space
- 38K SF
- Floors
- 1
- Year built
- 2001
- Zoning
- C4-2
The 11th largest of the 14 retail buildings we track in East New York. Compare it with 6 neighbors
No space at 381 Gateway Drive is listed on Leasemark yet. Own or broker space here? List it free and it is matched against every active requirement the day it goes up, or import a spreadsheet of up to 50 spaces at once. Nothing free right now? Get tenant alerts for East New York and hear the moment a tenant posts a requirement there.
Print a one-page profile of this building for a tour book or a client proposal.
Compared with its neighbors
How 381 Gateway Drive compares
Next to the 6 nearest large retail buildings, all within a 3 minute walk, 381 Gateway Drive ranks 4th of 7 by retail floor area. It went up in 2001; the median neighbor dates from 2001. Its estimated property tax, about $15.67 a square foot of floor area before abatements, is above the neighbors' median of $13.94.
| Building | Retail space | Floors | Built | Tax / SF |
|---|---|---|---|---|
| 381 Gateway Drive | 38K SF | 1 | 2001 | $15.67 |
| 351 Gateway Drive | 37K SF | 1 | 2001 | $12.95 |
| 459 Gateway Drive | 38K SF | 1 | 2001 | $13.53 |
| 410 Gateway Drive | 203K SF | 2 | 2012 | $16.88 |
| 395 Gateway Drive | 36K SF | 1 | 2002 | $13.24 |
| 339 Gateway Drive | 129K SF | 1 | 2001 | $14.35 |
| 519 Gateway Drive | 158K SF | 1 | 2001 | $21.76 |
Sources: NYC Department of City Planning, PLUTO 26v2 for size, floors and year built; NYC Department of Finance 2026/27 roll for tax (taxable value times the class rate, before abatements, over the whole floor area). Large means at least 35,000 SF of the building's main use. Walking times are straight-line estimates.
NYC tax lot records
Building facts
- Other address
- 389 Gateway Drive
- ZIP code
- 11239
- Building type
- Retail building (city class K1)
- Total floor area
- 38,327 SF
- Commercial floor area
- 38,327 SF
- Retail
- 38,327 SF
- Height
- 1 floor
- Year built
- 2001
- Lot area
- 38,150 SF
- Zoning district
- C4-2
- Built FAR
- 1
- Max commercial FAR
- 3.4
- Tax lot (BBL)
- 3044520480
Nearest subway
- New Lots Av
Other ways around East New York
- LIRR at East New York
Source: NYC Department of City Planning, PLUTO 26v2, pulled 2026-10-05; addresses from the Property Address Directory (PAD) 26b; subway stations from the MTA Subway Stations dataset, pulled 2026-10-05. Floor areas are the city's estimates for the whole building, not available space. Walking times are straight-line estimates. How we build these pages. Something wrong on this page? Tell us.
NYC storefront registry (Local Law 157)
Storefronts and vacancy
Owners registered 2 storefronts at 381 Gateway Drive for December 31, 2024, the newest annual filing the city has published, and none stood vacant that day.
- Storefronts registered for December 31, 2024
- 2
- Vacant that day
- 0
- Share vacant across East New York
- 10.8%
- Share vacant along Gateway Drive
- 2.0%
- Share vacant citywide
- 8.7%
Vacant on December 31, by year
Need a storefront in East New York? Get matchedStorefront vacancy across New York City
Source: NYC Department of Finance, Storefronts Reported Vacant or Not (Local Law 157), annual filings for 2019 to 2024, pulled 2026-10-09. Owners of buildings with ground- or second-floor storefronts register each one every year with its status on December 31; counts are by tax lot, as the owners filed them. The 2024 filing was due June 3, 2025, so a storefront vacant then may have been leased since. A vacant storefront is not always on the market, and none here is listed on Leasemark unless it shows above.
NYC Department of Finance records
Owner, property tax and assessed value
The Department of Finance lists GATEWAY CENTER PROPERTIES I, L.L.C. as the owner of record. For tax year 2026/27 the city values 381 Gateway Drive at $17.4 million and assesses it at $7.83 million. After phase-ins and exemptions its taxable value is $5.54 million; at the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists) that comes to about $600,437 a year before abatements, roughly $15.67 per square foot of floor area. Commercial leases here often pass a tenant's share of tax increases over a base year through as additional rent.
- Owner of record
- GATEWAY CENTER PROPERTIES I, L.L.C.
- Tax class
- Class 4 (commercial and industrial)
- City market value
- $17,402,000
- Land market value
- $1,602,000
- Assessed value
- $7,830,900
- Taxable value (phased in)
- $6,745,230
- Exemptions
- $1,210,230
- Estimated yearly tax
- About $600,437
- Tax per SF of floor area
- About $15.67
City market value by tax year
Source: NYC Department of Finance, Property Valuation and Assessment Data (2026/27 roll; owner names as the roll records them, which cuts some long names short), pulled 2026-10-09; tax rate from the Department of Finance tax rates page, checked 2026-09-28. The estimate is the taxable value times the class rate. It leaves out abatements, payment-in-lieu-of-taxes agreements and charges, so the actual bill can differ.
Own or manage 381 Gateway Drive? List a space here free and we match it against every active requirement.
NYC Department of Buildings permits
Work permits and build-outs
In the 12 months to October 2026, the Department of Buildings issued first permits for 1 job at 381 Gateway Drive. In the last two years, interior work was permitted on one floor (floor 1). The newest build-out, on floor 1, was first permitted in December 2025 (construction; filed cost estimate $223,000).
- New jobs, last 12 months
- 1
- Initial permits, last 12 months
- 1
- Newest job first permitted
- December 2025
- Interior build-outs, last 24 months
- 1
- Floors with interior work, last 24 months
- 1
Recent build-outs
New jobs by year
Build-outs across East New YorkWhere NYC offices are being built out
Source: NYC Department of Buildings, DOB NOW: Build Approved Permits, pulled 2026-10-09 (permits issued through 2026-10-06). A job counts once, when its first permit is issued; renewals are not new work. A build-out groups jobs on the same floors first permitted within 120 days of each other. Costs are the estimates filed with the jobs. Jobs filed before DOB NOW (in the older BIS system) are not counted. A permit is approval to do the work; it does not say who the work is for or whether it is finished.
Before you sign
Plain-English guides to square footage, rent and lease terms in New York, and free calculators to run your own numbers.
Good guy guarantee in NYC commercial leases
How a good guy guarantee works in a NYC commercial lease: what it covers, how the guarantor gets released, what to negotiate and the 2025 surrender ruling.
Retail lease terms in New York: percentage rent, escalations and more
A New York retail lease covers much more than rent. Here is what percentage rent, escalations, pass-throughs, use clauses and restaurant terms mean for you.
Tenant rep broker or going direct? Leasing in NYC
Should you hire a tenant rep broker or deal with landlords directly? Who pays commissions in NYC, what a tenant rep does, and how to choose one.
Questions about 381 Gateway Drive
How big is 381 Gateway Drive?
381 Gateway Drive has about 38,000 square feet of floor area in total, including 38,000 square feet of retail, according to NYC PLUTO 26v2. These are the city's estimates for the whole building, not space that is available.
When was 381 Gateway Drive built?
City records list 2001 as the year built. The building is 1 floor tall.
What other addresses does 381 Gateway Drive have?
City records list 389 Gateway Drive on the same tax lot (BBL 3044520480) as 381 Gateway Drive. A space listed on Leasemark at any of these addresses shows up on this page.
What is the ZIP code of 381 Gateway Drive?
381 Gateway Drive is in ZIP code 11239, according to the city's tax lot records (NYC PLUTO 26v2) and the Department of Finance's assessment roll. The full mailing address is 381 Gateway Drive, Brooklyn, NY 11239, in East New York.
What is the zoning at 381 Gateway Drive?
The lot is in the C4-2 zoning district. PLUTO lists a built floor area ratio (FAR) of 1 and a maximum commercial FAR of 3.4 for this lot.
What subway station is closest to 381 Gateway Drive?
No subway within a short walk of 381 Gateway Drive: the nearest station is more than 1,600 meters away (about 20 minutes on foot before allowing for the street route). The closest subway station to 381 Gateway Drive is New Lots Av (the 3 train), about 1.2 miles away in a straight line; the street route is longer. Other ways around East New York: LIRR at East New York. These are neighborhood connections, not directions from the building.
Who owns 381 Gateway Drive?
The NYC Department of Finance's 2026/27 assessment roll lists GATEWAY CENTER PROPERTIES I, L.L.C. as the owner of record of 381 Gateway Drive (BBL 3044520480). Big buildings are usually held through a company set up for that one property, so the name on the roll can differ from the landlord's brand or the managing agent. Deeds and mortgages for the lot are public in ACRIS, the city's property records system.
Is there construction at 381 Gateway Drive?
In the 12 months to October 2026, the Department of Buildings issued first permits for 1 job at 381 Gateway Drive. In the last two years, interior work was permitted on one floor (floor 1). The newest build-out, on floor 1, was first permitted in December 2025 (construction; filed cost estimate $223,000). These are the Department of Buildings' DOB NOW work permits for tax lot 3044520480. A permit is approval to do the work; it does not say who the work is for or whether it is finished.
What are the property taxes at 381 Gateway Drive?
The Department of Finance's 2026/27 assessment roll lists a taxable value of $5.54 million for 381 Gateway Drive. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $600,437 a year, roughly $15.67 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 3044520480 show the actual bill.
What is the assessed value of 381 Gateway Drive?
For tax year 2026/27, the NYC Department of Finance puts the market value of 381 Gateway Drive at $17.4 million ($1.6 million of it land) and its assessed value at $7.83 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 44% from 2022/23 ($12.1 million) to 2026/27.
Are there vacant storefronts at 381 Gateway Drive?
Owners registered 2 storefronts at 381 Gateway Drive for December 31, 2024, the newest annual filing the city has published, and none stood vacant that day. These are the owners' filings with the Department of Finance under Local Law 157, so a storefront may have come free since. Owners and brokers can list a storefront on Leasemark for free.
Is there retail space for lease at 381 Gateway Drive?
No space at 381 Gateway Drive is listed on Leasemark right now. Owners and brokers can list space here for free, and tenants can post a requirement to be matched when space opens up.
2,492 buildings from city records
Look up another building
Size, owner of record and property tax, plus the last sale and energy grade where the city has them, for every large office, retail and industrial building we track. Type any address on the lot (like 350 Fifth Avenue), a building name, a street or a neighborhood.
Most searched building pages
- 48 West 38th StreetMidtown
- 30-30 Thomson AvenueLong Island City
- 117 Duane StreetTribeca
- One Bryant Park1111 Avenue of the Americas, Midtown
- 242 West 36th StreetGarment District
- 310 Hudson StreetHudson Square
- 101 Avenue of the AmericasHudson Square
- 45 Main StreetDumbo
Ranked by how often Google showed each page in search results, Sep 7 to Oct 4, 2026.
East New York
Transit hubs in East New York
- A C J L Z at Broadway Junction
- 3 at Pennsylvania Av
- C at Liberty Av
- LIRR at East New York