541 Atlantic Ave Brooklyn, NY 11217
Boerum Hill Neighborhood
Studio
--
Bath
4,073
Sq Ft
1,873
Sq Ft Lot
About This Home
This home is located at 541 Atlantic Ave, Brooklyn, NY 11217. 541 Atlantic Ave is a home located in Kings County with nearby schools including P.S. 38 The Pacific School, MUSE Academy, and Hanson Place Elementary School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 18, 2024
Sold by
Thor Atlantic Gardens Llc
Bought by
Atlantic Gardens Llc
Purchase Details
Closed on
May 1, 2013
Sold by
New Atlantic Gardens Llc
Bought by
Thor Atlantic Gardens Llc
Purchase Details
Closed on
May 19, 2011
Sold by
525-541 Atlantic Llc and % Atlantic Assets Group Llc
Bought by
New Atlantic Gardens Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,205,468
Interest Rate
4.85%
Mortgage Type
Commercial
Purchase Details
Closed on
Apr 4, 2006
Sold by
Lido Realty Llc
Bought by
525-541 Atlantic Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,415,494
Interest Rate
6.28%
Mortgage Type
Commercial
Purchase Details
Closed on
Sep 1, 2004
Sold by
Atlantic Gardens Associates Llc
Bought by
Lido Realty Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,370,071
Interest Rate
5.95%
Mortgage Type
Commercial
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Atlantic Gardens Llc | $25,000,000 | -- | |
| Atlantic Gardens Llc | $25,000,000 | -- | |
| Thor Atlantic Gardens Llc | $23,000,000 | -- | |
| Thor Atlantic Gardens Llc | $23,000,000 | -- | |
| New Atlantic Gardens Llc | $10,000,000 | -- | |
| New Atlantic Gardens Llc | $10,000,000 | -- | |
| 525-541 Atlantic Llc | $8,300,000 | -- | |
| 525-541 Atlantic Llc | $8,300,000 | -- | |
| Lido Realty Llc | $5,400,000 | -- | |
| Lido Realty Llc | $5,400,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | New Atlantic Gardens Llc | $3,205,468 | |
| Previous Owner | 525-541 Atlantic Llc | $1,415,494 | |
| Previous Owner | Lido Realty Llc | $2,370,071 | |
| Closed | Lido Realty Llc | $300,000 |
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 | $34,883 | $935,100 | $285,300 | $649,800 |
| 2024 | $34,883 | $779,400 | $285,300 | $494,100 |
| 2023 | $31,966 | $723,600 | $285,300 | $438,300 |
| 2022 | $30,992 | $701,100 | $285,300 | $415,800 |
| 2021 | $29,545 | $662,850 | $285,300 | $377,550 |
| 2020 | $13,866 | $643,500 | $285,300 | $358,200 |
| 2019 | $27,069 | $536,220 | $285,300 | $250,920 |
| 2018 | $25,495 | $200,452 | $127,982 | $72,470 |
| 2017 | $22,542 | $177,234 | $130,963 | $46,271 |
| 2016 | $21,583 | $167,411 | $136,425 | $30,986 |
| 2015 | $13,735 | $159,012 | $130,757 | $28,255 |
| 2014 | $13,735 | $147,240 | $115,247 | $31,993 |
Source: Public Records
Map
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