NOT LISTED FOR SALE

1586 E 55th St Brooklyn, NY 11234

Flatlands Neighborhood

Estimated Value: $879,000 - $1,319,000

Studio
-- Bath
2,376 Sq Ft
$445/Sq Ft Est. Value

About This Home

This home is located at 1586 E 55th St, Brooklyn, NY 11234 and is currently estimated at $1,057,294, approximately $444 per square foot. 1586 E 55th St is a home located in Kings County with nearby schools including P.S. 203 Floyd Bennett, Success Academy Charter School - Bergen Beach, and Yeshivah of Crown Heights.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 4, 2025
Sold by
Faraday Andrew
Bought by
Susan Faraday As Trustee Faraday Irrevoc
Current Estimated Value
$1,057,294

Purchase Details

Closed on
Jul 31, 2006
Sold by
Rabias Mary
Bought by
Faraday Andrew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,000
Interest Rate
6.8%

Purchase Details

Closed on
Oct 28, 1997
Sold by
Rabias John
Bought by
Rabias Mary

Purchase Details

Closed on
May 15, 1996
Sold by
Rabias Nick
Bought by
Rabias Mary
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Susan Faraday As Trustee Faraday Irrevoc -- --
Faraday Andrew $680,000 --
Faraday Andrew $680,000 --
Rabias Mary $20,000 First American Title Ins Co
Rabias Mary -- First American Title Ins Co
Rabias Mary $112,500 First American Title Ins Co
Rabias Mary -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Faraday Andrew $102,000
Previous Owner Faraday Andrew $544,000
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 $7,528 $53,520 $10,680 $42,840
2024 $7,528 $62,940 $10,680 $52,260
2023 $7,552 $65,700 $10,680 $55,020
2022 $6,980 $55,980 $10,680 $45,300
2021 $6,932 $46,620 $10,680 $35,940
2020 $3,242 $51,600 $10,680 $40,920
2019 $6,485 $43,080 $10,680 $32,400
2018 $6,258 $32,157 $8,356 $23,801
2017 $5,885 $30,337 $8,157 $22,180
2016 $5,412 $28,620 $9,434 $19,186
2015 $3,341 $27,000 $11,880 $15,120
2014 $3,341 $27,000 $11,880 $15,120
Source: Public Records

Map

New York Kings County Brooklyn 11234 Flatlands

1586 E 55th St, Brooklyn, NY

Not Listed for Sale

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