NOT LISTED FOR SALE

Estimated Value: $1,431,000 - $1,487,000

-- Bed
-- Bath
2,592 Sq Ft
$561/Sq Ft Est. Value

About This Home

This home is located at 416 59th St, Brooklyn, NY 11220 and is currently estimated at $1,455,092, approximately $561 per square foot. 416 59th St is a home located in Kings County with nearby schools including P.S. 506: The School of Journalism & Technology, Junior High School 227 Edward B Shallow, and Fort Hamilton High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 11, 2025
Sold by
Chen Qi and Chen Qi Jin
Bought by
Zhang Ming Ji
Current Estimated Value
$1,455,092

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$499,000
Outstanding Balance
$499,000
Interest Rate
6.76%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$963,176

Purchase Details

Closed on
Nov 30, 2022
Sold by
Chen Ji Qiu
Bought by
Chen Qi and Chen Qi Jin

Purchase Details

Closed on
Apr 28, 2011
Sold by
Monterosa Maria L
Bought by
Chen Ji Qiu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
4.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 11, 2003
Sold by
Garcia Wilberto A and Monterosa Maria L
Bought by
Monterosa Maria L

Purchase Details

Closed on
Jul 26, 2001
Sold by
Thu Aung
Bought by
Monterosa Maria L and Garcia Wilberto A

Purchase Details

Closed on
Jun 9, 1998
Sold by
922 Kings Highway Realty Corp
Bought by
Thu Aung

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,350
Interest Rate
6.86%
Mortgage Type
FHA
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

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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
Zhang Ming Ji $1,450,000 --
Chen Qi -- --
Chen Qi -- --
Chen Ji Qiu $775,000 --
Chen Ji Qiu $775,000 --
Monterosa Maria L -- --
Monterosa Maria L -- --
Monterosa Maria L -- --
Monterosa Maria L -- --
Thu Aung $197,000 Fidelity National Title Ins
Thu Aung $197,000 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhang Ming Ji $499,000
Previous Owner Chen Ji Qiu $450,000
Previous Owner Monterosa Maria L $215,000
Previous Owner Monterosa Maria L $145,000
Previous Owner Thu Aung $191,350
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 $7,110 $83,280 $16,380 $66,900
2024 $7,110 $89,340 $16,380 $72,960
2023 $6,714 $95,340 $16,380 $78,960
2022 $6,411 $82,260 $16,380 $65,880
2021 $6,237 $81,120 $16,380 $64,740
2020 $6,307 $83,880 $16,380 $67,500
2019 $6,171 $75,240 $16,380 $58,860
2018 $5,679 $27,858 $5,077 $22,781
2017 $5,362 $26,304 $6,372 $19,932
2016 $4,966 $24,841 $6,948 $17,893
2015 $2,993 $24,832 $8,363 $16,469
2014 $2,993 $24,583 $8,786 $15,797
Source: Public Records

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