NOT LISTED FOR SALE

428 7th Ave Unit 7 Brooklyn, NY 11215

South Slope Neighborhood

Estimated Value: $5,501,802

-- Bed
-- Bath
4,800 Sq Ft
$1,146/Sq Ft Est. Value

About This Home

This home is located at 428 7th Ave Unit 7, Brooklyn, NY 11215 and is currently estimated at $5,501,802, approximately $1,146 per square foot. 428 7th Ave Unit 7 is a home located in Kings County with nearby schools including Magnet School of Math Science & Design Technology.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 30, 2021
Sold by
428 7Th Avenue Llc
Bought by
428 7Th Avenue Owner Llc
Current Estimated Value
$5,501,802

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$472,238
Outstanding Balance
$434,509
Interest Rate
3.14%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$5,067,293

Purchase Details

Closed on
Apr 27, 2005
Sold by
Ammolite Holdings Inc
Bought by
428 7Th 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
$700,000
Interest Rate
6.05%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 18, 1998
Sold by
Chan Gerold Man and Wong Iris
Bought by
Ammolite Holdings Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,750
Interest Rate
7.75%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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
428 7Th Avenue Owner Llc $4,500,000 --
428 7Th Avenue Llc $1,100,000 --
Ammolite Holdings Inc -- Lawyers Title Insurance Corp
Chan Gerold Man $410,000 Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 428 7Th Avenue Owner Llc $472,238
Previous Owner 428 7Th Avenue Llc $700,000
Previous Owner Chan Gerold Man $288,750
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 $31,977 $886,950 $36,000 $850,950
2024 $31,977 $832,050 $36,000 $796,050
2023 $29,088 $772,650 $36,000 $736,650
2022 $26,898 $965,700 $36,000 $929,700
2021 $26,969 $772,650 $36,000 $736,650
2020 $12,800 $772,650 $36,000 $736,650
2019 $24,815 $965,880 $36,000 $929,880
2018 $23,200 $182,401 $5,439 $176,962
2017 $21,509 $169,112 $5,882 $163,230
2016 $21,802 $169,112 $7,353 $161,759
2015 $12,873 $160,964 $1,551 $159,413
2014 $12,873 $149,041 $1,724 $147,317
Source: Public Records

Map

New York Kings County Brooklyn 11215 South Slope

428 7th Ave Unit 7, Brooklyn, NY

This home is located at 428 7th Ave Unit 7, Brooklyn, NY 11215 and is currently estimated at $5,501,802, approximately $1,146 per square foot. 428 7th Ave Unit 7 is a home located in Kings County with nearby schools including Magnet School of Math Science & Design Technology.

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