NOT LISTED FOR SALE

509 Avenue S Brooklyn, NY 11223

Gravesend Neighborhood

Estimated Value: $6,048,000 - $7,962,000

-- Bed
-- Bath
4,296 Sq Ft
$1,591/Sq Ft Est. Value

About This Home

This home is located at 509 Avenue S, Brooklyn, NY 11223 and is currently estimated at $6,832,816, approximately $1,590 per square foot. 509 Avenue S is a home located in Kings County with nearby schools including P.S. 215 Morris H Weiss, Is 228 David A Boody, and Abraham Lincoln High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 29, 2023
Sold by
Sitt Marilyn
Bought by
509 Ave S Llc
Current Estimated Value
$6,832,816

Purchase Details

Closed on
Feb 18, 2020
Sold by
Estate Of Barry Sitt and Marilyn Sitt As The Executor
Bought by
Sitt Marilyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,000
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 11, 2009
Sold by
Sitt Barry and % Sitt Asset Management
Bought by
Sitt Barry
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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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

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
509 Ave S Llc $12,000,000 --
Sitt Marilyn $2,490,000 --
Sitt Barry -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sitt Marilyn $10,000
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 $26,786 $314,820 $46,500 $268,320
2024 $26,786 $248,760 $46,500 $202,260
2023 $25,551 $259,080 $48,420 $210,660
2022 $23,694 $245,040 $48,420 $196,620
2021 $23,565 $191,880 $48,420 $143,460
2020 $11,714 $185,520 $48,420 $137,100
2019 $23,248 $185,520 $48,420 $137,100
2018 $21,372 $104,844 $20,437 $84,407
2017 $20,163 $98,910 $25,156 $73,754
2016 $18,654 $93,312 $20,172 $73,140
2015 $11,034 $93,312 $30,271 $63,041
2014 $11,034 $92,612 $36,056 $56,556
Source: Public Records

Map

New York Kings County Brooklyn 11223 Gravesend

509 Avenue S, Brooklyn, NY

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