534 52nd St Brooklyn, NY 11220
Sunset Park NeighborhoodEstimated Value: $1,541,000 - $1,785,000
Studio
--
Bath
2,820
Sq Ft
$586/Sq Ft
Est. Value
About This Home
This home is located at 534 52nd St, Brooklyn, NY 11220 and is currently estimated at $1,651,511, approximately $585 per square foot. 534 52nd St is a home located in Kings County with nearby schools including P.S. 94 The Henry Longfellow School, Leep Dual Language Academy Charter School, and Our Lady Of Perpetual Help Catholic Academy.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 19, 2024
Sold by
Kong Chung and Kong Kwok Wing
Bought by
Kong Chung
Current Estimated Value
Purchase Details
Closed on
Jul 21, 2010
Sold by
Laboy Salvador and Laboy Zulma
Bought by
Kong Chung and Kong Kwok Wing
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$490,000
Outstanding Balance
$323,237
Interest Rate
4.73%
Mortgage Type
Commercial
Estimated Equity
$1,328,274
Purchase Details
Closed on
May 22, 1995
Sold by
New Horizon Realty Associates
Bought by
Laboy Salvador and Laboy Zulma
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,700
Interest Rate
8.21%
Purchase Details
Closed on
Feb 28, 1995
Sold by
Torres Carmen J
Bought by
New Horizon Realty Associates
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Kong Chung | -- | -- | |
| Kong Chung | -- | -- | |
| Kong Chung | $823,000 | -- | |
| Kong Chung | $823,000 | -- | |
| Laboy Salvador | $173,000 | Commonwealth Land Title Ins | |
| Laboy Salvador | $173,000 | Commonwealth Land Title Ins | |
| New Horizon Realty Associates | $122,000 | Commonwealth Land Title Ins | |
| New Horizon Realty Associates | $122,000 | Commonwealth Land Title Ins |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Kong Chung | $490,000 | |
| Closed | Kong Chung | $490,000 | |
| Previous Owner | Laboy Salvador | $155,700 |
Source: Public Records
Tax History Compared to Growth
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 | $7,715 | $88,020 | $18,960 | $69,060 |
| 2024 | $7,715 | $85,380 | $18,960 | $66,420 |
| 2023 | $7,680 | $79,320 | $18,960 | $60,360 |
| 2022 | $7,145 | $75,120 | $18,960 | $56,160 |
| 2021 | $7,178 | $77,700 | $18,960 | $58,740 |
| 2020 | $3,489 | $70,920 | $18,960 | $51,960 |
| 2019 | $6,647 | $70,920 | $18,960 | $51,960 |
| 2018 | $6,364 | $32,678 | $8,744 | $23,934 |
| 2017 | $6,025 | $31,026 | $7,900 | $23,126 |
| 2016 | $5,606 | $29,593 | $8,556 | $21,037 |
| 2015 | $2,901 | $28,973 | $10,293 | $18,680 |
| 2014 | $2,901 | $27,647 | $10,640 | $17,007 |
Source: Public Records
Map
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