NOT LISTED FOR SALE

550 Vanderbilt 550 Vanderbilt Ave Unit M-1 Brooklyn, NY 11238

Prospect Heights Neighborhood

Estimated Value: $3,411,000 - $3,996,000

-- Bed
4 Baths
3,200 Sq Ft
$1,175/Sq Ft Est. Value

About This Home

This home is located at 550 Vanderbilt Ave Unit M-1, Brooklyn, NY 11238 and is currently estimated at $3,758,556, approximately $1,174 per square foot. 550 Vanderbilt Ave Unit M-1 is a home located in Kings County with nearby schools including P.S. 9 The Sarah Smith Garnet School, Achievement First Endeavor Charter School, and Luria Academy of Brooklyn.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 15, 2021
Sold by
Pacific Park 550 Vanderbilt Llc
Bought by
Arjun N Patel As Trustee and The 550 Vm1 Irrevocable 2021 Trust
Current Estimated Value
$3,758,556

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,500,000
Outstanding Balance
$2,271,815
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,486,741

Purchase Details

Closed on
Jun 27, 2018
Sold by
Atlantic Yards Venture Llc
Bought by
Fc Atlantic Yards Llc and Greenland Atlantic Yards Llc
Source: Public Records

Range of Values:

Collateral Analytics

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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

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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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

Date Buyer Sale Price Title Company
Arjun N Patel As Trustee $3,640,000 --
Fc Atlantic Yards Llc $119,670,000 --
Atlantic Yards Puc Venture Llc $119,670,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arjun N Patel As Trustee $2,500,000
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 $1,457 $422,164 $17,287 $404,877
2024 $1,457 $397,222 $17,287 $379,935
2023 $1,430 $378,735 $17,287 $361,448
2022 $1,426 $367,337 $17,286 $350,051
2021 $1,430 $313,748 $17,286 $296,462
2020 $703 $353,963 $17,286 $336,677
2019 $1,458 $341,708 $17,286 $324,422
2018 $1,482 $310,208 $17,286 $292,922
2017 $20,876 $169,755 $17,286 $152,469
Source: Public Records

About 550 Vanderbilt

Map

New York Kings County Brooklyn 11238 Prospect Heights

550 Vanderbilt Ave Unit M-1, Brooklyn, NY

This home is located at 550 Vanderbilt Ave Unit M-1, Brooklyn, NY 11238 and is currently estimated at $3,758,556, approximately $1,174 per square foot. 550 Vanderbilt Ave Unit M-1 is a home located in Kings County with nearby schools including P.S. 9 The Sarah Smith Garnet School, Achievement First Endeavor Charter School, and Luria Academy of Brooklyn.

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