NOT LISTED FOR SALE

1224 Flushing Ave Brooklyn, NY 11237

Bushwick Neighborhood

Estimated Value: $16,814,036

Studio
-- Bath
12,000 Sq Ft
$1,401/Sq Ft Est. Value

About This Home

This home is located at 1224 Flushing Ave, Brooklyn, NY 11237 and is currently estimated at $16,814,036, approximately $1,401 per square foot. 1224 Flushing Ave is a home located in Kings County with nearby schools including P.S. 123 Suydam, J.H.S. 162 The Willoughby, and Williamsburg Charter High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 21, 2015
Sold by
Chloe Realty Usa Llc
Bought by
Flushing 1224 Llc
Current Estimated Value
$16,814,036

Purchase Details

Closed on
Jun 22, 2007
Sold by
1204 Flushing Avenue Realty Corp
Bought by
Chloe Realty Usa Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,534,000
Interest Rate
6.39%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 30, 2007
Sold by
Mery Paz M
Bought by
1204 Flushing Avenue Realty Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$362,959
Interest Rate
6.24%
Mortgage Type
Commercial

Purchase Details

Closed on
May 9, 2005
Sold by
1204 Flushing Avenue Realty Corp
Bought by
Mery Paz M

Purchase Details

Closed on
Aug 11, 1995
Sold by
Ajit Mody & Associates
Bought by
1204 Flushing Ave Realty Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Interest Rate
7.32%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Flushing 1224 Llc $12,000,000 --
Flushing 1224 Llc $12,000,000 --
Flushing 1224 Llc $12,000,000 --
Chloe Realty Usa Llc $3,620,000 --
Chloe Realty Usa Llc $3,620,000 --
1204 Flushing Avenue Realty Corp -- --
1204 Flushing Avenue Realty Corp -- --
Mery Paz M -- --
Mery Paz M -- --
1204 Flushing Ave Realty Corp $425,000 --
1204 Flushing Ave Realty Corp $425,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chloe Realty Usa Llc $2,534,000
Previous Owner 1204 Flushing Avenue Realty Corp $362,959
Previous Owner 1204 Flushing Ave Realty Corp $325,000
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 $153,545 $1,831,500 $333,450 $1,498,050
2024 $153,545 $1,805,850 $333,450 $1,472,400
2023 $139,546 $1,613,250 $333,450 $1,279,800
2022 $128,326 $1,473,750 $333,450 $1,140,300
2021 $116,138 $1,177,650 $333,450 $844,200
2020 $50,314 $1,004,400 $333,450 $670,950
2019 $91,730 $1,004,400 $333,450 $670,950
2018 $85,911 $916,650 $333,450 $583,200
2017 $82,885 $828,000 $333,450 $494,550
2016 $81,274 $816,300 $333,450 $482,850
2015 $30,595 $796,950 $333,450 $463,500
2014 $30,595 $727,650 $333,450 $394,200
Source: Public Records

Map

New York Kings County Brooklyn 11237 Bushwick

1224 Flushing Ave, Brooklyn, NY

Not Listed for Sale

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.

Nearby Homes