NOT LISTED FOR SALE

550 Schenectady Ave Unit 2 Brooklyn, NY 11203

East Flatbush Neighborhood

Estimated Value: $1,029,000 - $1,529,000

2 Beds
1 Bath
3,360 Sq Ft
$400/Sq Ft Est. Value

About This Home

This home is located at 550 Schenectady Ave Unit 2, Brooklyn, NY 11203 and is currently estimated at $1,343,018, approximately $399 per square foot. 550 Schenectady Ave Unit 2 is a home located in Kings County with nearby schools including P.S. 268 Emma Lazarus, East Flatbush Community Research School, and Achievement First Crown Heights Elementary School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 11, 2025
Sold by
550 Schenectady Llc
Bought by
550 Schenectady Ave Llc
Current Estimated Value
$1,525,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,116,000
Outstanding Balance
$1,116,000
Interest Rate
6.76%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$216,000

Purchase Details

Closed on
Nov 30, 2023
Sold by
Jackson Grace
Bought by
550 Schenectady Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
7.76%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 1, 2005
Sold by
Bostic Grace
Bought by
Jackson Grace

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
5.84%
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

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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
550 Schenectady Ave Llc $1,395,000 --
550 Schenectady Llc $700,000 --
550 Schenectady Llc $700,000 --
Jackson Grace -- --
Jackson Grace -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 550 Schenectady Ave Llc $1,116,000
Previous Owner 550 Schenectady Llc $600,000
Previous Owner Jackson Grace $570,000
Previous Owner Jackson Grace $340,000
Previous Owner Jackson Grace $132,000
Previous Owner Jackson Grace $140,000
Closed Jackson Grace $0
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 $7,479 $76,800 $20,040 $56,760
2024 $7,479 $76,800 $20,040 $56,760
2023 $7,128 $83,940 $20,040 $63,900
2022 $6,587 $75,900 $20,040 $55,860
2021 $6,541 $80,220 $20,040 $60,180
2020 $3,251 $67,320 $20,040 $47,280
2019 $6,199 $53,520 $20,040 $33,480
2018 $5,903 $30,416 $10,028 $20,388
2017 $5,550 $28,695 $13,810 $14,885
2016 $5,102 $27,072 $14,150 $12,922
2015 $3,045 $27,072 $19,174 $7,898
2014 $3,045 $25,860 $20,100 $5,760
Source: Public Records

Map

New York Kings County Brooklyn 11203 East Flatbush

550 Schenectady Ave Unit 2, Brooklyn, NY

This home is located at 550 Schenectady Ave Unit 2, Brooklyn, NY 11203 and is currently estimated at $1,343,018, approximately $399 per square foot. 550 Schenectady Ave Unit 2 is a home located in Kings County with nearby schools including P.S. 268 Emma Lazarus, East Flatbush Community Research School, and Achievement First Crown Heights Elementary School.

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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