NOT LISTED FOR SALE

50-62 E 98th St Brooklyn, NY 11212

East Flatbush Neighborhood

Estimated Value: $2,290,865

Studio
-- Bath
2,000 Sq Ft
$1,145/Sq Ft Est. Value

About This Home

This home is located at 50-62 E 98th St, Brooklyn, NY 11212 and is currently estimated at $2,290,865, approximately $1,145 per square foot. 50-62 E 98th St is a home located in Kings County with nearby schools including P.S. 189 Lincoln Terrace, New Heights Middle School, and Brooklyn Ascend Charter School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 2, 2007
Sold by
Anlong No 1 Inc
Bought by
Abundant Life Ministries Inc
Current Estimated Value
$2,290,865

Purchase Details

Closed on
Oct 23, 2001
Sold by
50 E 98Th Corp
Bought by
Anlong No 1 Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$399,000
Interest Rate
6.77%
Mortgage Type
Commercial

Purchase Details

Closed on
May 7, 1996
Sold by
East New York Woodworking Co Inc
Bought by
50 98Th Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
8.01%
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
Abundant Life Ministries Inc $1,260,000 --
Anlong No 1 Inc -- --
50 98Th Corp $183,000 National Attorneys Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Anlong No 1 Inc $399,000
Previous Owner 50 98Th Corp $140,000
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 -- $608,850 $173,250 $435,600
2024 -- $735,750 $173,250 $562,500
2023 $0 $626,850 $173,250 $453,600
2022 $0 $538,650 $173,250 $365,400
2021 $0 $429,300 $173,250 $256,050
2020 $0 $573,750 $173,250 $400,500
2019 $0 $573,750 $173,250 $400,500
2018 $0 $543,600 $173,250 $370,350
2017 $0 $534,150 $173,250 $360,900
2016 -- $460,350 $173,250 $287,100
2015 $19,538 $431,550 $173,250 $258,300
2014 $19,538 $450,000 $173,250 $276,750
Source: Public Records

Map

New York Kings County Brooklyn 11212 East Flatbush

50-62 E 98th St, Brooklyn, NY

Not Listed for Sale

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