Retail building · East New York, Brooklyn
395 Gateway Drive
Brooklyn, NY 11239
395 Gateway Drive is a 1-floor retail building in East New York, Brooklyn, built in 2002, with about 36,000 square feet of retail space according to city records.
- Retail space
- 36K SF
- Floors
- 1
- Year built
- 2002
- Zoning
- C4-2
The 14th largest of the 14 retail buildings we track in East New York. Compare it with 6 neighbors
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Compared with its neighbors
How 395 Gateway Drive compares
Next to the 6 nearest large retail buildings, all within a 4 minute walk, 395 Gateway Drive is the smallest by retail floor area. It went up in 2002; the median neighbor dates from 2001. Its estimated property tax, about $13.24 a square foot of floor area before abatements, is below the neighbors' median of $15.01.
| Building | Retail space | Floors | Built | Tax / SF |
|---|---|---|---|---|
| 395 Gateway Drive | 36K SF | 1 | 2002 | $13.24 |
| 381 Gateway Drive | 38K SF | 1 | 2001 | $15.67 |
| 459 Gateway Drive | 38K SF | 1 | 2001 | $13.53 |
| 351 Gateway Drive | 37K SF | 1 | 2001 | $12.95 |
| 519 Gateway Drive | 158K SF | 1 | 2001 | $21.76 |
| 339 Gateway Drive | 129K SF | 1 | 2001 | $14.35 |
| 410 Gateway Drive | 203K SF | 2 | 2012 | $16.88 |
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
- ZIP code
- 11239
- Building type
- Retail building (city class K1)
- Total floor area
- 36,294 SF
- Commercial floor area
- 36,294 SF
- Retail
- 36,294 SF
- Height
- 1 floor
- Year built
- 2002
- Last major alteration
- 2019
- Lot area
- 16,940 SF
- Zoning district
- C4-2
- Built FAR
- 2.14
- Max commercial FAR
- 3.4
- Tax lot (BBL)
- 3044520510
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; 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 one storefront at 395 Gateway Drive for December 31, 2024, the newest annual filing the city has published, and it was not vacant that day.
- Storefronts registered for December 31, 2024
- 1
- 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 395 Gateway Drive at $13.7 million and assesses it at $6.18 million. After phase-ins and exemptions its taxable value is $4.43 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 $480,357 a year before abatements, roughly $13.24 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
- $13,733,000
- Land market value
- $711,000
- Assessed value
- $6,179,850
- Taxable value (phased in)
- $5,376,221
- Exemptions
- $948,150
- Estimated yearly tax
- About $480,357
- Tax per SF of floor area
- About $13.24
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.
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NYC energy benchmarking (Local Law 84)
Energy use and emissions
395 Gateway Drive's 2024 Local Law 84 benchmarking filing got no ENERGY STAR score (no single use that ENERGY STAR scores covers more than half of the floor area), and Local Law 33 letter grades come from that score, so the filing does not yield an A to D grade. Its site energy use came to 207.4 kBtu per square foot, 18% below the national median of 253.5 for a similar property. Its greenhouse gas emissions were about 723 metric tons of CO2e (19.92 kg per square foot).
- ENERGY STAR score (2024)
- None given
- Property type (Portfolio Manager)
- Restaurant
- Site energy use intensity
- 207.4 kBtu/SF
- National median for the type
- 253.5 kBtu/SF
- Greenhouse gas emissions
- 723 t CO2e
- Emissions per SF
- 19.92 kg CO2e
- Floor area in the filing
- 36,294 SF
Energy sources in 2024
Source: NYC Department of Buildings and Mayor's Office of Climate and Environmental Justice, NYC Building Energy and Water Data Disclosure for Local Law 84 (2024 filing), pulled 2026-10-09; grade cutoffs from the Department of Buildings energy grades page. Figures are as the owner filed them in ENERGY STAR Portfolio Manager.
Local Law 97 of 2019, estimated
Local Law 97 emissions limit
At its 2024 energy use, 395 Gateway Drive comes to about 564 metric tons of CO2e a year under Local Law 97's coefficients, against a limit of 429 tons for 2024 to 2029: about 136 tons over, an estimated penalty of $36,000 a year. From 2030 the limit drops to 147 tons and the same energy use counts as about 344 tons, about 198 tons over, or an estimated $53,000 a year unless the building cuts its emissions.
- Period
- 2024 to 2029
- Emissions limit
- 429 t CO2e
- Estimated emissions
- 564 t CO2e
- Over the limit by
- 136 t CO2e
- Estimated penalty a year
- $36,000
- Period
- 2030 to 2034
- Emissions limit
- 147 t CO2e
- Estimated emissions
- 344 t CO2e
- Over the limit by
- 198 t CO2e
- Estimated penalty a year
- $53,000
Estimated from the owner's 2024 Local Law 84 filing, which reports energy by source and floor area by use: Restaurant 36,294 SF. It applies the coefficients and per-use limits in Department of Buildings rule 1 RCNY 103-14 and Administrative Code 28-320.3.1.1 (as the Department lists them) and the $268 per ton penalty, checked 2026-10-04. It is not the building's Local Law 97 report: that report can count renewable energy credits, solar and storage deductions and, for 2024 and 2025, the law's occupancy group limits where higher, and penalties can be reduced for good faith efforts.
Change these numbers in the Local Law 97 calculator to see what a cut in energy use would do to the penalty.
Own or manage 395 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
The Department of Buildings issued no permits for new jobs at 395 Gateway Drive in the 12 months to October 2026; the last one was first permitted in October 2021.
- New jobs, last 12 months
- 0
- Initial permits, last 12 months
- 0
- Newest job first permitted
- October 2021
- Interior build-outs, last 24 months
- 0
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.
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Questions about 395 Gateway Drive
How big is 395 Gateway Drive?
395 Gateway Drive has about 36,000 square feet of floor area in total, including 36,000 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 395 Gateway Drive built?
City records list 2002 as the year built, with a major alteration recorded in 2019. The building is 1 floor tall.
What is the ZIP code of 395 Gateway Drive?
395 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 395 Gateway Drive, Brooklyn, NY 11239, in East New York.
What is the zoning at 395 Gateway Drive?
The lot is in the C4-2 zoning district. PLUTO lists a built floor area ratio (FAR) of 2.14 and a maximum commercial FAR of 3.4 for this lot.
What subway station is closest to 395 Gateway Drive?
No subway within a short walk of 395 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 395 Gateway Drive is New Lots Av (the 3 train), about 1.3 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 395 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 395 Gateway Drive (BBL 3044520510). 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.
Does 395 Gateway Drive have an energy grade?
395 Gateway Drive's 2024 Local Law 84 benchmarking filing got no ENERGY STAR score (no single use that ENERGY STAR scores covers more than half of the floor area), and Local Law 33 letter grades come from that score, so the filing does not yield an A to D grade. Its site energy use came to 207.4 kBtu per square foot, 18% below the national median of 253.5 for a similar property. Its greenhouse gas emissions were about 723 metric tons of CO2e (19.92 kg per square foot).
Does 395 Gateway Drive meet Local Law 97?
At its 2024 energy use, 395 Gateway Drive comes to about 564 metric tons of CO2e a year under Local Law 97's coefficients, against a limit of 429 tons for 2024 to 2029: about 136 tons over, an estimated penalty of $36,000 a year. From 2030 the limit drops to 147 tons and the same energy use counts as about 344 tons, about 198 tons over, or an estimated $53,000 a year unless the building cuts its emissions. This is an estimate from the owner's 2024 benchmarking filing using the coefficients and per-use limits in the law and the Department of Buildings rule, at $268 per ton over. It is not the building's Local Law 97 report, which can count credits and deductions this estimate cannot.
Is there construction at 395 Gateway Drive?
The Department of Buildings issued no permits for new jobs at 395 Gateway Drive in the 12 months to October 2026; the last one was first permitted in October 2021. These are the Department of Buildings' DOB NOW work permits for tax lot 3044520510. 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 395 Gateway Drive?
The Department of Finance's 2026/27 assessment roll lists a taxable value of $4.43 million for 395 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 $480,357 a year, roughly $13.24 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 3044520510 show the actual bill.
What is the assessed value of 395 Gateway Drive?
For tax year 2026/27, the NYC Department of Finance puts the market value of 395 Gateway Drive at $13.7 million ($711,000 of it land) and its assessed value at $6.18 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 104% from 2022/23 ($6.74 million) to 2026/27.
Are there vacant storefronts at 395 Gateway Drive?
Owners registered one storefront at 395 Gateway Drive for December 31, 2024, the newest annual filing the city has published, and it was not 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 395 Gateway Drive?
No space at 395 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.
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