NOT LISTED FOR SALE

541 E 55th St Unit House Brooklyn, NY 11203

East Flatbush Neighborhood

Estimated Value: $722,000 - $767,920

Studio
2 Baths
1,039 Sq Ft
$723/Sq Ft Est. Value

About This Home

This home is located at 541 E 55th St Unit House, Brooklyn, NY 11203 and is currently estimated at $750,730, approximately $722 per square foot. 541 E 55th St Unit House 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
May 14, 2025
Sold by
Grossett-Holliman Castel
Bought by
Mitchell Alec
Current Estimated Value
$750,730

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$675,000
Outstanding Balance
$668,259
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$82,471

Purchase Details

Closed on
Dec 12, 1995
Sold by
Toomer John H
Bought by
Grosset Holliman Castel I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,600
Interest Rate
7.31%
Source: Public Records

Range of Values:

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

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ICE

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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Mitchell Alec $750,000 --
Mitchell Alec $750,000 --
Grosset Holliman Castel I $164,500 --
Grosset Holliman Castel I $164,500 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open Mitchell Alec $675,000
Closed Mitchell Alec $675,000
Previous Owner Grosset Holliman Castel I $131,600
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
2026 $4,507 $37,020 $11,280 $25,740
2025 $4,252 $35,280 $11,280 $24,000
2024 $4,252 $33,120 $11,280 $21,840
2023 $4,299 $32,460 $11,280 $21,180
2022 $4,194 $26,580 $11,280 $15,300
2021 $4,171 $24,960 $11,280 $13,680
2019 $3,690 $29,700 $11,280 $18,420
2018 $3,596 $17,640 $6,700 $10,940
2017 $3,569 $17,506 $8,638 $8,868
2016 $3,302 $16,516 $8,128 $8,388
2015 $2,205 $15,582 $11,077 $4,505
2014 $2,205 $14,700 $12,540 $2,160
Source: Public Records

Map

New York Kings County Brooklyn 11203 East Flatbush

541 E 55th St Unit House, Brooklyn, NY

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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