NOT LISTED FOR SALE

1122 Sheepshead Bay Rd Unit 1124 Brooklyn, NY 11229

Sheepshead Bay Neighborhood

Estimated Value: $1,413,000 - $1,746,000

-- Bed
3 Baths
3,166 Sq Ft
$507/Sq Ft Est. Value

About This Home

This home is located at 1122 Sheepshead Bay Rd Unit 1124, Brooklyn, NY 11229 and is currently estimated at $1,604,000, approximately $506 per square foot. 1122 Sheepshead Bay Rd Unit 1124 is a home located in Kings County with nearby schools including P.S. 209 Margaret Mead, P.S. K225 - The Eileen E. Zaglin School, and Yeshivat Or Hatorah.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 2, 2022
Sold by
Nackab Rachel and Nackab Raphael
Bought by
Barakat Faraj and Nackab Barakat Claire
Current Estimated Value
$1,604,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$980,000
Outstanding Balance
$917,273
Interest Rate
3.92%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$686,727
Source: Public Records

Range of Values:

Collateral Analytics

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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.

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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.

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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
Barakat Faraj $1,400,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barakat Faraj $980,000
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 $11,515 $106,440 $19,440 $87,000
2024 $11,515 $100,440 $19,440 $81,000
2023 $11,643 $95,520 $19,440 $76,080
2022 $11,348 $104,640 $19,440 $85,200
2021 $11,286 $83,640 $19,440 $64,200
2020 $8,465 $69,960 $19,440 $50,520
2019 $9,994 $69,960 $19,440 $50,520
2018 $9,739 $47,774 $12,771 $35,003
2017 $9,657 $47,372 $13,300 $34,072
2016 $8,934 $44,691 $14,897 $29,794
2015 $2,256 $42,163 $21,081 $21,082
2014 $2,256 $39,812 $19,906 $19,906
Source: Public Records

Map

New York Kings County Brooklyn 11229 Sheepshead Bay

1122 Sheepshead Bay Rd Unit 1124, Brooklyn, NY

This home is located at 1122 Sheepshead Bay Rd Unit 1124, Brooklyn, NY 11229 and is currently estimated at $1,604,000, approximately $506 per square foot. 1122 Sheepshead Bay Rd Unit 1124 is a home located in Kings County with nearby schools including P.S. 209 Margaret Mead, P.S. K225 - The Eileen E. Zaglin School, and Yeshivat Or Hatorah.

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