NOT LISTED FOR SALE

507 E 56th St Brooklyn, NY 11203

East Flatbush Neighborhood

Estimated Value: $735,000 - $1,098,000

Studio
-- Bath
2,611 Sq Ft
$341/Sq Ft Est. Value

About This Home

This home is located at 507 E 56th St, Brooklyn, NY 11203 and is currently estimated at $891,532, approximately $341 per square foot. 507 E 56th St is a home located in Kings County with nearby schools including Ps 244 Richard R Green, I.S. 285 Meyer Levin, and Ivy Hill Preparatory Charter School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 16, 2026
Sold by
Levy Patricia S
Bought by
Levy Patricia
Current Estimated Value
$891,532

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$588,250
Outstanding Balance
$588,250
Interest Rate
6.22%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$303,282

Purchase Details

Closed on
Mar 22, 1999
Sold by
Minott Gilbert and Minott Peola
Bought by
Gibson Gerald and Gibson Judy Rae

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,866
Interest Rate
7.09%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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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
Levy Patricia -- --
Gibson Gerald $244,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Levy Patricia $588,250
Previous Owner Gibson Gerald $243,866
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 $7,197 $63,000 $19,380 $43,620
2024 $7,197 $57,060 $19,380 $37,680
2023 $7,277 $58,680 $19,380 $39,300
2022 $7,098 $57,900 $19,380 $38,520
2021 $7,060 $50,160 $19,380 $30,780
2019 $6,246 $40,860 $19,380 $21,480
2018 $6,087 $29,859 $11,085 $18,774
2017 $6,040 $29,631 $12,333 $17,298
2016 $5,588 $27,955 $15,703 $12,252
2015 $3,152 $26,374 $15,967 $10,407
2014 $3,152 $24,883 $14,620 $10,263
Source: Public Records

Map

New York Kings County Brooklyn 11203 East Flatbush

507 E 56th St, Brooklyn, NY

Not Listed for Sale

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