525 Flushing Ave Brooklyn, NY 11205
South Williamsburg NeighborhoodEstimated Value: $1,056,071
Studio
--
Bath
4,500
Sq Ft
$235/Sq Ft
Est. Value
About This Home
This home is located at 525 Flushing Ave, Brooklyn, NY 11205 and is currently estimated at $1,056,071, approximately $234 per square foot. 525 Flushing Ave is a home located in Kings County with nearby schools including Ps 380 John Wayne Elementary School, Yeshiva Mesivta Arugath Habosem, and Beth Chana School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jan 6, 2023
Sold by
Madaleine Weinstein Trustee and Marcus L Gorman Irrevocable Trust
Bought by
525 Flushing Avenue Llc
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
$830,000
Outstanding Balance
$803,813
Interest Rate
6.49%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$252,258
Purchase Details
Closed on
Jul 5, 2010
Sold by
Gorman Marcus
Bought by
Marcus L Gorman Irrevocable Trust
Purchase Details
Closed on
May 3, 2007
Sold by
Ablakos Moise
Bought by
Amran Israel
Purchase Details
Closed on
Jan 2, 2002
Sold by
Kohn Devorah
Bought by
Ablakos Moise
Purchase Details
Closed on
Oct 22, 1996
Sold by
Gorman Marcus
Bought by
Kohn Devorah
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 525 Flushing Avenue Llc | $885,000 | -- | |
| Marcus L Gorman Irrevocable Trust | -- | -- | |
| Amran Israel | $200,000 | -- | |
| Ablakos Moise | -- | -- | |
| Kohn Devorah | $70,000 | Commonwealth Land Title Ins |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | 525 Flushing Avenue Llc | $830,000 |
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 | $1,395 | $29,160 | $2,640 | $26,520 |
| 2024 | $1,395 | $23,040 | $2,640 | $20,400 |
| 2023 | $1,331 | $20,340 | $2,640 | $17,700 |
| 2022 | $1,234 | $15,960 | $2,640 | $13,320 |
| 2021 | $1,227 | $13,680 | $2,640 | $11,040 |
| 2020 | $1,227 | $8,640 | $2,640 | $6,000 |
| 2019 | $1,211 | $7,500 | $2,640 | $4,860 |
| 2018 | $1,113 | $5,460 | $2,310 | $3,150 |
| 2017 | $1,050 | $5,151 | $2,336 | $2,815 |
| 2016 | $972 | $4,860 | $2,640 | $2,220 |
| 2015 | $770 | $4,860 | $2,640 | $2,220 |
| 2014 | $770 | $4,860 | $2,640 | $2,220 |
Source: Public Records
Map
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