NOT LISTED FOR SALE

1220 E New York Ave Brooklyn, NY 11212

Brownsville Neighborhood

Estimated Value: $3,070,746

-- Bed
-- Bath
4,648 Sq Ft
$661/Sq Ft Est. Value

About This Home

This home is located at 1220 E New York Ave, Brooklyn, NY 11212 and is currently estimated at $3,070,746, approximately $660 per square foot. 1220 E New York Ave is a home located in Kings County with nearby schools including P.S. 189 Lincoln Terrace, New Heights Middle School, and Brownsville Ascend Charter School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 16, 2023
Sold by
Bermuda Realty No 2 Llc
Bought by
Morahe Llc
Current Estimated Value
$3,070,746

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,700,000
Outstanding Balance
$1,665,549
Interest Rate
6.96%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,405,197

Purchase Details

Closed on
Oct 28, 1998
Sold by
Penlin Realty Holding Corp
Bought by
Bermuda Realty Llc
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.

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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

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.

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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
Morahe Llc $3,000,000 --
Bermuda Realty Llc $95,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morahe Llc $1,700,000
Closed Morahe Llc $800,000
Previous Owner Bermuda Realty No 2 Llc $10,943,187
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 $27,501 $340,200 $83,700 $256,500
2024 $27,501 $311,850 $83,700 $228,150
2023 $25,614 $278,100 $83,700 $194,400
2022 $24,239 $268,650 $83,700 $184,950
2021 $19,018 $234,900 $83,700 $151,200
2020 $9,509 $288,000 $83,700 $204,300
2019 $17,705 $288,000 $83,700 $204,300
2018 $13,461 $274,050 $83,700 $190,350
2017 $9,377 $270,900 $83,700 $187,200
2016 $8,632 $265,050 $83,700 $181,350
2015 $4,625 $171,900 $83,700 $88,200
2014 $4,625 $157,500 $83,700 $73,800
Source: Public Records

Map

New York Kings County Brooklyn 11212 Brownsville

1220 E New York Ave, Brooklyn, NY

This home is located at 1220 E New York Ave, Brooklyn, NY 11212 and is currently estimated at $3,070,746, approximately $660 per square foot. 1220 E New York Ave is a home located in Kings County with nearby schools including P.S. 189 Lincoln Terrace, New Heights Middle School, and Brownsville Ascend Charter School.

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.

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