NOT LISTED FOR SALE

1116 56th St Brooklyn, NY 11219

Borough Park Neighborhood

Estimated Value: $1,492,000 - $3,271,000

Studio
-- Bath
3,900 Sq Ft
$574/Sq Ft Est. Value

About This Home

This home is located at 1116 56th St, Brooklyn, NY 11219 and is currently estimated at $2,238,667, approximately $574 per square foot. 1116 56th St is a home located in Kings County with nearby schools including The Seeall Academy, I.S. 223 The Montauk, and Franklin Delano Roosevelt High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 1, 2021
Sold by
Basch Judith and Ignatz Basch Isaac
Bought by
1116 56Th Street Trust and Abraham Bodek As Trustee
Current Estimated Value
$2,238,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,000
Interest Rate
2.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 29, 2020
Sold by
1116 56Th Street Trust
Bought by
Basch Ignatz and Basch Judith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,000
Interest Rate
2.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 29, 2020
Sold by
Basch Isaac Ignatz and Basch Judith
Bought by
1116 56Th Street Trust and Abraham Bodek As Trustee

Purchase Details

Closed on
Jan 5, 2017
Sold by
Basch Isaac
Bought by
Basch Ignatz and Basch Judith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
4.13%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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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
1116 56Th Street Trust -- --
Basch Ignatz -- --
1116 56Th Street Trust -- --
Basch Ignatz -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Basch Ignatz $390,000
Previous Owner Basch Ignatz $375,000
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 $11,627 $129,060 $29,280 $99,780
2024 $11,627 $125,400 $29,280 $96,120
2023 $11,076 $153,360 $29,280 $124,080
2022 $10,880 $129,180 $29,280 $99,900
2021 $11,057 $119,520 $29,280 $90,240
2020 $5,331 $98,640 $29,280 $69,360
2019 $10,043 $98,640 $29,280 $69,360
2018 $9,205 $46,614 $11,184 $35,430
2017 $9,203 $46,614 $14,415 $32,199
2016 $8,677 $44,954 $18,766 $26,188
2015 $5,084 $43,642 $21,348 $22,294
2014 $5,084 $41,173 $22,183 $18,990
Source: Public Records

Map

New York Kings County Brooklyn 11219 Borough Park

1116 56th St, Brooklyn, NY

Not Listed for Sale

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