NOT LISTED FOR SALE

1199-1201 Atlantic Ave Brooklyn, NY 11216

Bed-Stuy Neighborhood

Estimated Value: $6,988,455

Studio
-- Bath
19,816 Sq Ft
$353/Sq Ft Est. Value

About This Home

This home is located at 1199-1201 Atlantic Ave, Brooklyn, NY 11216 and is currently estimated at $6,988,455, approximately $352 per square foot. 1199-1201 Atlantic Ave is a home located in Kings County with nearby schools including P.S. 93 - William H. Prescott, Leadership Preparatory Bedford Stuyvesant Charter School, and The Co-op School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 14, 2021
Sold by
822 Mcdonald Av Llc
Bought by
1199 Investors Llc
Current Estimated Value
$6,988,455

Purchase Details

Closed on
Feb 9, 2006
Sold by
Red Hook Management Llc
Bought by
822 Mcdonald Av Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,081,633
Interest Rate
6.17%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 16, 2004
Sold by
1199 Atlantic Avenue Corp
Bought by
Red Hook Management Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Interest Rate
5.69%
Mortgage Type
Commercial
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
1199 Investors Llc $6,025,000 --
822 Mcdonald Av Llc $3,000,000 --
Red Hook Management Llc $1,500,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 822 Mcdonald Av Llc $1,081,633
Previous Owner Red Hook Management Llc $1,200,000
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 $194,135 $2,154,600 $178,200 $1,976,400
2024 $194,135 $2,049,300 $178,200 $1,871,100
2023 $187,086 $1,806,300 $178,200 $1,628,100
2022 $184,733 $1,717,650 $178,200 $1,539,450
2021 $173,483 $1,622,250 $178,200 $1,444,050
2020 $89,978 $1,968,750 $178,200 $1,790,550
2019 $162,189 $1,671,750 $156,150 $1,515,600
2018 $156,256 $1,671,750 $156,150 $1,515,600
2017 $149,701 $1,489,950 $156,150 $1,333,800
2016 $148,751 $1,489,950 $156,150 $1,333,800
2015 $23,779 $513,450 $55,800 $457,650
2014 $23,779 $450,450 $55,800 $394,650
Source: Public Records

Map

New York Kings County Brooklyn 11216 Bed-Stuy

1199-1201 Atlantic Ave, Brooklyn, NY

Not Listed for Sale

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