Affordable Housing Hub
Low Income (LIHTC)

1425-1445 Gates Ave

557 Knickerbocker Ave, Brooklyn, NY, 11221

Information verified April 18, 2026ยทWe re-check waiting list status daily

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About This Property

This 43-unit residential building in Brooklyn contains 42 low-income units designed for families, with a mix of 30 two-bedroom and 12 three-bedroom apartments. The property has been in service since 2000 and utilizes 9% Low-Income Housing Tax Credits to maintain affordability.

Property Details

Total Units
43
2 Bedroom
30
3 Bedroom
12

Fair Market Rent - Kings County, NY

FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.

BedroomsFMR
Studio/Efficiency$2,386
1 Bedroom$2,451
2 Bedroom$2,752
3 Bedroom$3,434
4 Bedroom$3,700

Income Limits - Kings County, NY

Annual income limits by household size used to determine eligibility for affordable housing programs.

1 Person
Extremely Low (30%)
$25,100
Very Low (50%)
$41,800
Low (80%)
$66,850
2 Persons
Extremely Low (30%)
$28,650
Very Low (50%)
$47,750
Low (80%)
$76,400
3 Persons
Extremely Low (30%)
$32,250
Very Low (50%)
$53,700
Low (80%)
$85,950
4 Persons
Extremely Low (30%)
$35,800
Very Low (50%)
$59,650
Low (80%)
$95,450
5 Persons
Extremely Low (30%)
$38,700
Very Low (50%)
$64,450
Low (80%)
$103,100
6 Persons
Extremely Low (30%)
$41,550
Very Low (50%)
$69,200
Low (80%)
$110,750
7 Persons
Extremely Low (30%)
$44,400
Very Low (50%)
$74,000
Low (80%)
$118,400
8 Persons
Extremely Low (30%)
$47,300
Very Low (50%)
$78,750
Low (80%)
$126,000

Tax Credit Program Details

Year Placed in Service
2000
LIHTC Credit Type
9%
Low-Income Units
42 / 43
Target Population
FamiliesUNSPECIFIED

Frequently Asked Questions

What is the average rent for affordable housing in Brooklyn, NY?+

The Fair Market Rent (FMR) for Kings County, NY is: $2386 (Studio), $2451 (1BR), $2752 (2BR), $3434 (3BR), $3700 (4BR). Actual rent at subsidized properties like 1425-1445 Gates Ave is typically 30% of household income or less.

What size apartments are available at 1425-1445 Gates Ave?+

1425-1445 Gates Ave offers the following unit types: 30 Two-Bedroom, 12 Three-Bedroom units, for a total of 43 units.

What is the price range for apartments in Brooklyn, NY?+

Based on Fair Market Rent for Kings County, the estimated price range is: 2-bedroom: $2752, 3-bedroom: $3434. Actual rent at 1425-1445 Gates Ave may be lower for income-eligible households.

Who manages 1425-1445 Gates Ave?+

1425-1445 Gates Ave is managed by . You can reach them at . Visit their website for more information.

How do I apply for housing at 1425-1445 Gates Ave?+

1425-1445 Gates Ave is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , or visiting their website, or contacting the property management office. Contact the property to learn about availability and application requirements. Eligibility is based on income limits set for the area.

What are the income limits for affordable housing in Kings County, NY?+

For a 4-person household in Kings County, NY, the income limits are: Extremely Low Income (30% AMI): $35,800, Very Low Income (50% AMI): $59,650, Low Income (80% AMI): $95,450. These limits are set by HUD and updated annually.

Who is eligible to live at 1425-1445 Gates Ave?+

1425-1445 Gates Ave primarily serves families, UNSPECIFIED. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.

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Contact Information

Walk Score

Walker's Paradise

92
Walk
100
Transit
92
Bike

Nearby Schools

Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.

Location

Kings County, NY

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Housing Resources in Brooklyn, NY

HUD-Approved Counseling Agencies

BROOKLYN NEIGHBORHOOD IMPROVEMENT ASSOCIATION

Mortgage Delinquency and Default Resolution CounselingRental Housing CounselingRental Housing Workshops

BEDFORD STUYVESANT RESTORATION CORPORATION

Pre-Purchase CounselingPre-Purchase Homebuyer Education WorkshopsFinancial

COMMUNITY ORGANIZATION OF SOUTHERN BROOKLYN

Mortgage Delinquency and Default Resolution CounselingPre-Purchase Counseling