NOT LISTED FOR SALE

1240 47 St Brooklyn, NY 11219

Borough Park Neighborhood

Estimated Value: $1,255,000 - $2,790,000

8 Beds
7 Baths
4,000 Sq Ft
$553/Sq Ft Est. Value

About This Home

This home is located at 1240 47 St, Brooklyn, NY 11219 and is currently estimated at $2,212,164, approximately $553 per square foot. 1240 47 St is a home located in Kings County with nearby schools including P.S. 131 Brooklyn, I.S. 223 The Montauk, and Franklin Delano Roosevelt High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 5, 2022
Sold by
Gunsberg Nissan Z and Gunsberg Sara B
Bought by
1240 47 Llc
Current Estimated Value
$2,212,164

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$850,000
Outstanding Balance
$787,650
Interest Rate
3.22%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,424,514
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
1240 47 Llc $1,100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 1240 47 Llc $567,850
Open 1240 47 Llc $850,000
Previous Owner Gunsberg Nissan Z $300,000
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 $11,442 $104,460 $25,560 $78,900
2024 $11,442 $113,220 $25,560 $87,660
2023 $10,915 $122,820 $25,560 $97,260
2022 $10,729 $100,500 $25,560 $74,940
2021 $4,873 $101,580 $25,560 $76,020
2020 $3,655 $75,660 $25,560 $50,100
2019 $4,307 $75,660 $25,560 $50,100
2018 $3,906 $44,788 $11,501 $33,287
2017 $3,919 $44,788 $11,549 $33,239
2016 $3,758 $43,811 $15,248 $28,563
2015 $4,876 $41,332 $18,644 $22,688
2014 $4,876 $39,563 $18,959 $20,604
Source: Public Records

Map

New York Kings County Brooklyn 11219 Borough Park

1240 47 St, Brooklyn, NY

This home is located at 1240 47 St, Brooklyn, NY 11219 and is currently estimated at $2,212,164, approximately $553 per square foot. 1240 47 St is a home located in Kings County with nearby schools including P.S. 131 Brooklyn, I.S. 223 The Montauk, and Franklin Delano Roosevelt High School.

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