NOT LISTED FOR SALE

370 Gates Ave Unit 4-370 Brooklyn, NY 11216

Bed-Stuy Neighborhood

Estimated Value: $1,311,000 - $1,761,000

3 Beds
2 Baths
1,335 Sq Ft
$1,132/Sq Ft Est. Value

About This Home

This home is located at 370 Gates Ave Unit 4-370, Brooklyn, NY 11216 and is currently estimated at $1,511,205, approximately $1,131 per square foot. 370 Gates Ave Unit 4-370 is a home located in Kings County with nearby schools including P.S. 305 Dr. Peter Ray, Brooklyn East Collegiate Charter School, and Brooklyn Academy High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 31, 2017
Sold by
368 Gates Ave Llc
Bought by
Choi Billy and Jin Bomi
Current Estimated Value
$1,511,205

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,039,200
Outstanding Balance
$865,254
Interest Rate
3.88%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$645,951
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
Choi Billy $1,322,707 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Choi Billy $1,039,200
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 $14,359 $211,318 $38,030 $173,288
2024 $14,359 $201,557 $38,030 $163,527
2023 $10,762 $171,006 $38,030 $132,976
2022 $9,939 $168,091 $38,030 $130,061
2021 $9,227 $134,498 $38,030 $96,468
2020 $9,382 $130,568 $38,030 $92,538
2019 $9,486 $108,782 $38,030 $70,752
2018 $0 $90,652 $38,030 $52,622
Source: Public Records

Map

New York Kings County Brooklyn 11216 Bed-Stuy

370 Gates Ave Unit 4-370, Brooklyn, NY

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