NOT LISTED FOR SALE

1040 Borden Ave Long Island City, NY 11101

Hunters Point Neighborhood

Estimated Value: $4,247,986

-- Bed
-- Bath
15,000 Sq Ft
$283/Sq Ft Est. Value

About This Home

This home is located at 1040 Borden Ave, Long Island City, NY 11101 and is currently estimated at $4,247,986, approximately $283 per square foot. 1040 Borden Ave is a home located in Queens County with nearby schools including P.S./I.S. 78Q Early Childhood Center, I.S. 204 Oliver W. Holmes, and Long Island City High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 15, 2013
Sold by
Anthonyjohn Realty Corp
Bought by
Aec Realty Holdings Llc
Current Estimated Value
$4,247,986

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,500,000
Outstanding Balance
$1,855,443
Interest Rate
4.34%
Mortgage Type
Commercial
Estimated Equity
$2,392,543

Purchase Details

Closed on
Apr 26, 2002
Sold by
Verderame Frank
Bought by
Zhu Cheng Pu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 31, 1995
Sold by
Farrell Kenneth
Bought by
Verderame Frank
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Aec Realty Holdings Llc $2,500,000 --
Zhu Cheng Pu -- --
Verderame Frank $125,000 Title Usa Insurance Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Aec Realty Holdings Llc $2,500,000
Previous Owner Zhu Cheng Pu $250,000
Source: Public Records

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $57,225 $553,860 $365,850 $188,010
2024 $57,225 $540,270 $365,850 $174,420
2023 $57,140 $539,460 $336,690 $202,770
2022 $56,896 $535,950 $365,850 $170,100
2021 $47,786 $446,850 $365,850 $81,000
2020 $53,249 $578,250 $365,850 $212,400
2019 $48,988 $575,550 $220,050 $355,500
2018 $44,663 $424,800 $144,000 $280,800
2017 $41,749 $397,080 $144,000 $253,080
2016 $41,121 $397,080 $144,000 $253,080
2015 $20,672 $393,570 $150,300 $243,270
2014 $20,672 $399,330 $153,450 $245,880
Source: Public Records

Map

New York Queens County Long Island City 11101 Hunters Point

1040 Borden Ave, Long Island City, NY

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Nearby Homes