NOT LISTED FOR SALE

1622 40th St Unit 2 Brooklyn, NY 11218

Borough Park Neighborhood

Estimated Value: $919,000 - $1,059,000

Studio
-- Bath
1,200 Sq Ft
$820/Sq Ft Est. Value

About This Home

This home is located at 1622 40th St Unit 2, Brooklyn, NY 11218 and is currently estimated at $984,563, approximately $820 per square foot. 1622 40th St Unit 2 is a home located in Kings County with nearby schools including P.S./I.S. 192 Magnet School For Math And Science Inquiry, I.S. 223 The Montauk, and Franklin Delano Roosevelt High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 25, 2021
Sold by
Ashkenazi Menachem Shloma
Bought by
Ashkenazi Menachem and Tovy Ohulechu Shloma Trust
Current Estimated Value
$984,563

Purchase Details

Closed on
Aug 2, 2021
Sold by
Friedman Chaya
Bought by
Ashkenazi Menachem Shloma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$693,000
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 24, 2020
Sold by
Weil Bella
Bought by
Friedman Chaya

Purchase Details

Closed on
Dec 15, 2008
Sold by
Dahill Promenade Llc
Bought by
Weil Bella

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$277,500
Interest Rate
6.17%
Mortgage Type
Purchase Money Mortgage
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.

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ICE

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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
Ashkenazi Menachem -- --
Ashkenazi Menachem -- --
Ashkenazi Menachem Shloma $770,000 --
Ashkenazi Menachem Shloma $770,000 --
Friedman Chaya -- --
Friedman Chaya -- --
Weil Bella $370,000 --
Weil Bella $370,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ashkenazi Menachem Shloma $693,000
Previous Owner Weil Bella $277,500
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 $7,610 $49,005 $3,494 $45,511
2024 $7,610 $46,603 $3,494 $43,109
2023 $5,923 $53,172 $3,494 $49,678
2022 $4,299 $49,022 $3,494 $45,528
2021 $3,064 $45,897 $3,494 $42,403
2020 $909 $40,068 $3,494 $36,574
2019 $591 $34,844 $3,494 $31,350
2018 $576 $29,788 $3,216 $26,572
2017 $576 $28,340 $3,302 $25,038
2016 $565 $26,801 $3,495 $23,306
2015 $386 $27,891 $3,217 $24,674
2014 $386 $26,313 $3,097 $23,216
Source: Public Records

Map

New York Kings County Brooklyn 11218 Borough Park

1622 40th St Unit 2, Brooklyn, NY

Not Listed for Sale

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