NOT LISTED FOR SALE

Estimated Value: $29,924,042

-- Bed
-- Bath
63,000 Sq Ft
$475/Sq Ft Est. Value

About This Home

This home is located at 2047-2051 Pitkin Ave, Brooklyn, NY 11207 and is currently estimated at $29,924,042, approximately $474 per square foot. 2047-2051 Pitkin Ave is a home located in Kings County with nearby schools including J.H.S 292 Margaret S. Douglas, Hyde Leadership Charter School-Brooklyn, and Trey Whitfield School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 3, 2011
Sold by
2047 Pitkin Llc
Bought by
Cubesmart L P
Current Estimated Value
$29,924,042

Purchase Details

Closed on
Dec 14, 2005
Sold by
2047 Pitkin Avenue Corp
Bought by
2047 Pitkin Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$685,000
Interest Rate
6.39%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 21, 2000
Sold by
Bragoli John
Bought by
2047 Pitkin Ave Corp
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
Cubesmart L P $15,535,000 --
Cubesmart L P $15,535,000 --
2047 Pitkin Llc $2,050,000 --
2047 Pitkin Llc $2,050,000 --
2047 Pitkin Ave Corp $165,000 Fidelity National Title Ins
2047 Pitkin Ave Corp $165,000 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 2047 Pitkin Llc $685,000
Closed 2047 Pitkin Llc $7,050,000
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 $148,294 $4,167,900 $675,000 $3,492,900
2024 $148,294 $4,075,200 $675,000 $3,400,200
2023 $108,758 $3,888,450 $675,000 $3,213,450
2022 $36,298 $3,002,850 $675,000 $2,327,850
2021 $72,185 $2,864,700 $675,000 $2,189,700
2020 $36,622 $2,815,650 $675,000 $2,140,650
2019 $57,832 $2,815,650 $675,000 $2,140,650
2018 $72,865 $2,742,750 $675,000 $2,067,750
2017 $67,421 $2,520,000 $675,000 $1,845,000
2016 $57,975 $2,557,800 $675,000 $1,882,800
2015 $10,667 $2,506,950 $675,000 $1,831,950
2014 $10,667 $2,614,950 $675,000 $1,939,950
Source: Public Records

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