NOT LISTED FOR SALE

Estimated Value: $7,201,678

Studio
-- Bath
60,180 Sq Ft
$120/Sq Ft Est. Value

About This Home

This home is located at 406 Pine St, Brooklyn, NY 11208 and is currently estimated at $7,201,678, approximately $119 per square foot. 406 Pine St is a home located in Kings County with nearby schools including P.S. 159 Isaac Pitkin, Brooklyn Scholars Charter School, and Cypress Hills Ascend Charter Lower School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 3, 2019
Sold by
9-47 Hall Street Llc
Bought by
Fbe 404 Pine Member Llc
Current Estimated Value
$7,201,678

Purchase Details

Closed on
Feb 8, 2019
Sold by
404 Pine Investors Llc and Fbe 404 Pine Street Llc
Bought by
404 Pine Realty Llc

Purchase Details

Closed on
Apr 1, 2016
Sold by
Isis Properties Llc
Bought by
404 Pine Investors Llc and Fbe 404 Pine Street Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,239,335
Interest Rate
3.64%
Mortgage Type
Commercial

Purchase Details

Closed on
May 25, 2007
Sold by
Euclid Avenue Limited Partnership and % Omnibus Management
Bought by
Isis Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$9,200,000
Interest Rate
6.17%
Mortgage Type
Commercial
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

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

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
Fbe 404 Pine Member Llc $6,263,561 --
Fbe 404 Pine Member Llc $6,263,561 --
404 Pine Realty Llc $24,150,000 --
Mp 404 Mps Llc -- --
404 Pine Realty Llc $24,150,000 --
Mp 404 Mps Llc -- --
404 Pine Investors Llc $18,500,000 --
404 Pine Investors Llc $18,500,000 --
Isis Properties Llc $8,622,000 --
Isis Properties Llc $8,622,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 404 Pine Investors Llc $4,239,335
Previous Owner Isis Properties Llc $9,200,000
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 $621,634 $6,189,300 $283,050 $5,906,250
2024 $621,634 $6,124,950 $283,050 $5,841,900
2023 $610,791 $5,999,400 $283,050 $5,716,350
2022 $563,692 $5,556,600 $283,050 $5,273,550
2021 $515,408 $5,957,100 $283,050 $5,674,050
2020 $118,912 $5,417,550 $283,050 $5,134,500
2019 $362,730 $5,174,550 $283,050 $4,891,500
2018 $297,807 $3,199,050 $283,050 $2,916,000
2017 $278,058 $3,127,500 $283,050 $2,844,450
2016 $261,242 $3,012,300 $175,500 $2,836,800
2015 $84,209 $2,736,450 $175,500 $2,560,950
2014 $84,209 $2,087,100 $175,500 $1,911,600
Source: Public Records

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