NOT LISTED FOR SALE

1220 Ocean Pkwy Brooklyn, NY 11230

Midwood Neighborhood

Estimated Value: $2,860,000 - $3,372,000

-- Bed
-- Bath
3,220 Sq Ft
$958/Sq Ft Est. Value

About This Home

This home is located at 1220 Ocean Pkwy, Brooklyn, NY 11230 and is currently estimated at $3,084,000, approximately $957 per square foot. 1220 Ocean Pkwy is a home located in Kings County with nearby schools including P.S. 99 Isaac Asimov, Yeshiva of Brooklyn Boys School, and Yeshiva Ohr Shraga Veretzky.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 19, 2023
Sold by
Alan Safdeye Trustee and Gabriel R Safdeye Trustee
Bought by
1210 Ocean Parkway Llc
Current Estimated Value
$3,084,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$12,000,000
Outstanding Balance
$11,655,355
Interest Rate
6.42%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
-$8,571,355

Purchase Details

Closed on
Mar 23, 2015
Sold by
Gilsom Safdeye Living Trust U/A/D April and Safdeye Trustee Gilsom
Bought by
Gilsom Safdeye 2015 Irrevocable Trust and Safdeye Trustee Alan

Purchase Details

Closed on
Apr 8, 1997
Sold by
Safdeye Gilsom
Bought by
Safdeye Gilsom and Gilsom Safdeye Living Trust
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

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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
1210 Ocean Parkway Llc $3,300,000 --
1210 Ocean Parkway Llc $3,300,000 --
Gilsom Safdeye 2015 Irrevocable Trust -- --
Gilsom Safdeye 2015 Irrevocable Trust -- --
Safdeye Gilsom -- --
Safdeye Gilsom -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 1210 Ocean Parkway Llc $12,000,000
Closed 1210 Ocean Parkway Llc $12,000,000
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
2024 $16,233 $163,680 $63,420 $100,260
2023 $16,414 $144,060 $63,420 $80,640
2022 $15,879 $157,860 $63,420 $94,440
2021 $15,826 $121,860 $63,420 $58,440
2020 $11,934 $122,820 $63,420 $59,400
2019 $14,089 $109,140 $63,420 $45,720
2014 $7,322 $56,125 $29,679 $26,446
Source: Public Records

Map

New York Kings County Brooklyn 11230 Midwood

1220 Ocean Pkwy, Brooklyn, NY

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