4401 8th Ave Brooklyn, NY 11220
Sunset Park NeighborhoodEstimated Value: $1,749,494
Studio
--
Bath
5,100
Sq Ft
$343/Sq Ft
Est. Value
About This Home
This home is located at 4401 8th Ave, Brooklyn, NY 11220 and is currently estimated at $1,749,494, approximately $343 per square foot. 4401 8th Ave is a home located in Kings County with nearby schools including P.S. 169 Sunset Park, I.S. 223 The Montauk, and Shema Kolainu-Hear Our Voices.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 20, 2003
Sold by
Cheng Lai Heung and Lam Yim Leong
Bought by
Hong Yip Inc
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
$465,000
Outstanding Balance
$212,375
Interest Rate
6.25%
Mortgage Type
Commercial
Estimated Equity
$1,537,119
Purchase Details
Closed on
Aug 28, 2003
Sold by
Cong Chasidei Bais David
Bought by
Heung Cheng Lai and Leong Lam Yim
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$465,000
Outstanding Balance
$212,375
Interest Rate
6.25%
Mortgage Type
Commercial
Estimated Equity
$1,537,119
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Hong Yip Inc | -- | -- | |
| Hong Yip Inc | -- | -- | |
| Heung Cheng Lai | $660,000 | -- | |
| Heung Cheng Lai | $660,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Heung Cheng Lai | $465,000 | |
| Closed | Heung Cheng Lai | $465,000 |
Source: Public Records
Tax History Compared to Growth
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 | $7,063 | $549,450 | $9,900 | $539,550 |
| 2024 | $7,063 | $515,250 | $9,900 | $505,350 |
| 2023 | $6,715 | $494,550 | $9,900 | $484,650 |
| 2022 | $4,651 | $482,850 | $9,900 | $472,950 |
| 2021 | $5,757 | $444,600 | $9,900 | $434,700 |
| 2020 | $2,621 | $485,100 | $9,900 | $475,200 |
| 2019 | $5,481 | $458,460 | $9,900 | $448,560 |
| 2018 | $5,356 | $42,108 | $1,091 | $41,017 |
| 2017 | $4,959 | $38,989 | $1,121 | $37,868 |
| 2016 | $4,654 | $36,102 | $1,146 | $34,956 |
| 2015 | $3,022 | $33,429 | $1,177 | $32,252 |
| 2014 | $3,022 | $33,429 | $1,362 | $32,067 |
Source: Public Records
Map
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