NOT LISTED FOR SALE

348 Atlantic Ave Brooklyn, NY 11217

Boerum Hill Neighborhood

Estimated Value: $6,753,301

Studio
1 Bath
6,000 Sq Ft
$1,126/Sq Ft Est. Value

About This Home

This home is located at 348 Atlantic Ave, Brooklyn, NY 11217 and is currently estimated at $6,753,301, approximately $1,125 per square foot. 348 Atlantic Ave is a home located in Kings County with nearby schools including P.S. 38 The Pacific School, A. Fantis School of Saints Constantine and Helen Cathedral, and Brooklyn Friends School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 21, 2021
Sold by
Atlantic Hoyt Brooklyn Llc
Bought by
348 Atlantic Avenue Owner Llc
Current Estimated Value
$6,753,301

Purchase Details

Closed on
Mar 19, 2014
Sold by
348 Atlantic Avenue Llc
Bought by
Atlantic Hoyt Brooklyn Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,228,031
Interest Rate
4.27%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 19, 2008
Sold by
Parrilla Emma and Rodriguez Norma
Bought by
348 Atlantic Avenue Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
6.01%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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
348 Atlantic Avenue Owner Llc $5,999,140 --
348 Atlantic Avenue Owner Llc $5,999,140 --
Atlantic Hoyt Brooklyn Llc $7,100,000 --
Atlantic Hoyt Brooklyn Llc $7,100,000 --
348 Atlantic Avenue Llc $2,200,000 --
348 Atlantic Avenue Llc $2,200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Atlantic Hoyt Brooklyn Llc $1,228,031
Previous Owner 348 Atlantic Avenue Llc $2,000,000
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 $39,551 $1,108,350 $63,000 $1,045,350
2024 $39,551 $1,039,950 $63,000 $976,950
2023 $36,864 $1,282,500 $63,000 $1,219,500
2022 $34,435 $1,260,450 $63,000 $1,197,450
2021 $32,360 $1,008,450 $63,000 $945,450
2020 $14,922 $1,105,650 $63,000 $1,042,650
2019 $30,692 $1,114,650 $63,000 $1,051,650
2018 $31,831 $231,167 $15,440 $215,727
2017 $27,537 $216,499 $16,545 $199,954
2016 $26,160 $202,919 $17,103 $185,816
2015 $15,267 $190,344 $18,165 $172,179
2014 $15,267 $187,194 $15,210 $171,984
Source: Public Records

Map

New York Kings County Brooklyn 11201 Boerum Hill

348 Atlantic Ave, Brooklyn, NY

Not Listed for Sale

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