NOT LISTED FOR SALE

487 5th Ave Brooklyn, NY 11215

South Slope Neighborhood

Estimated Value: $2,880,597

Studio
-- Bath
7,224 Sq Ft
$399/Sq Ft Est. Value

About This Home

This home is located at 487 5th Ave, Brooklyn, NY 11215 and is currently estimated at $2,880,597, approximately $398 per square foot. 487 5th Ave is a home located in Kings County with nearby schools including P.S. 39 Henry Bristow and Hellenic Classical Charter School - Park Slope.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 13, 2010
Sold by
636 Assets Inc and James P
Bought by
487 5Th Llc
Current Estimated Value
$2,880,597

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Outstanding Balance
$81,411
Interest Rate
4.95%
Mortgage Type
Commercial
Estimated Equity
$2,799,186

Purchase Details

Closed on
May 16, 2008
Sold by
487 & 572 Fifth Llc
Bought by
636 Assets Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
5.91%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 23, 2002
Sold by
Gay Elaine and Gay Mary E
Bought by
487 & 572 Fifth Llc

Purchase Details

Closed on
Jun 26, 2000
Sold by
Bowie Allan H and Bowie Lois A
Bought by
Gay Elaine and Gay Mary E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
9.12%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
487 5Th Llc -- --
487 5Th Llc -- --
636 Assets Inc $1,593,400 --
636 Assets Inc $1,593,400 --
487 & 572 Fifth Llc -- --
487 & 572 Fifth Llc -- --
Gay Elaine $330,000 Lawyers Title Insurance Corp
Gay Elaine $330,000 Lawyers Title Insurance Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 487 5Th Llc $125,000
Closed 487 5Th Llc $125,000
Previous Owner 636 Assets Inc $1,000,000
Previous Owner Gay Elaine $225,000
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 $35,302 $1,525,500 $105,750 $1,419,750
2024 $35,302 $1,431,000 $105,750 $1,325,250
2023 $32,539 $1,192,500 $105,750 $1,086,750
2022 $30,050 $1,490,850 $105,750 $1,385,100
2021 $27,731 $1,192,500 $105,750 $1,086,750
2020 $12,053 $1,192,500 $105,750 $1,086,750
2019 $27,394 $1,490,760 $105,750 $1,385,010
2018 $26,490 $204,042 $11,579 $192,463
2017 $24,030 $188,929 $12,506 $176,423
2016 $23,263 $180,446 $14,144 $166,302
2015 $14,642 $167,081 $15,718 $151,363
2014 $14,642 $167,081 $18,859 $148,222
Source: Public Records

Map

New York Kings County Brooklyn 11215 South Slope

487 5th Ave, Brooklyn, NY

Not Listed for Sale

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