NOT LISTED FOR SALE

401-405 State St Brooklyn, NY 11217

Boerum Hill Neighborhood

Estimated Value: $14,799,792

Studio
-- Bath
18,276 Sq Ft
$810/Sq Ft Est. Value

About This Home

This home is located at 401-405 State St, Brooklyn, NY 11217 and is currently estimated at $14,799,792, approximately $809 per square foot. 401-405 State St 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
Dec 22, 2023
Sold by
401 State Street Wbu Llc
Bought by
Wbu Labor Of Love Llc
Current Estimated Value
$14,799,792

Purchase Details

Closed on
Nov 30, 2021
Sold by
State Of Being Llc
Bought by
401 State Street Wbu Llc

Purchase Details

Closed on
May 18, 2015
Sold by
Novo Foundation and % Patterson Belknap Webb & Tyler Llp
Bought by
State Of Being Llc

Purchase Details

Closed on
May 31, 2013
Sold by
Daytop Village Foundation Incorporated
Bought by
401 State Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,500,000
Interest Rate
3.51%
Mortgage Type
Commercial
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
Wbu Labor Of Love Llc -- --
401 State Street Wbu Llc -- --
State Of Being Llc -- --
Novo Foundation $10,000,000 --
401 State Llc $4,280,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 401 State Llc $3,500,000
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 -- $1,789,200 $199,350 $1,589,850
2024 -- $1,569,150 $199,350 $1,369,800
2023 $0 $1,615,500 $199,350 $1,416,150
2022 $152,445 $1,559,250 $199,350 $1,359,900
2021 $0 $1,144,800 $199,350 $945,450
2020 $0 $1,545,300 $199,350 $1,345,950
2019 $0 $1,358,550 $199,350 $1,159,200
2018 $0 $677,250 $270,900 $406,350
2017 $0 $642,150 $270,900 $371,250
2016 $714 $608,400 $270,900 $337,500
2015 -- $574,650 $270,900 $303,750
2014 -- $720,900 $270,900 $450,000
Source: Public Records

Map

New York Kings County Brooklyn 11217 Boerum Hill

401-405 State St, Brooklyn, NY

Not Listed for Sale

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