428 7th Ave Unit 7 Brooklyn, NY 11215
South Slope NeighborhoodEstimated Value: $5,250,207
Studio
--
Bath
4,800
Sq Ft
$1,094/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 $5,250,207, approximately $1,093 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, St. Joseph the Worker Catholic Academy, and Yeshivat Shaare Torah Girls Elementary School.
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
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
$427,325
Interest Rate
3.14%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$4,785,862
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
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Home Values in the Area
Average Home Value in this Area
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
| 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 |
|---|---|---|---|---|
| 2026 | $34,491 | $1,003,950 | $36,000 | $967,950 |
| 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
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