5504 7th Ave Brooklyn, NY 11220
Sunset Park NeighborhoodEstimated Value: $2,282,454
Studio
--
Bath
3,000
Sq Ft
$761/Sq Ft
Est. Value
About This Home
This home is located at 5504 7th Ave, Brooklyn, NY 11220 and is currently estimated at $2,282,454, approximately $760 per square foot. 5504 7th Ave is a home located in Kings County with nearby schools including P.S. 105 The Blythebourne, IS 220 John J. Pershing, and Fort Hamilton High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 27, 2024
Sold by
Jj55 Llc
Bought by
5504 7 Ave Llc
Current Estimated Value
Purchase Details
Closed on
Jun 3, 2015
Sold by
Kam On Management Inc
Bought by
Jj55 Llc
Purchase Details
Closed on
Jul 2, 2003
Sold by
Johnsen Olga
Bought by
Kam On Management Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
5.69%
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 |
|---|---|---|---|
| 5504 7 Ave Llc | $2,200,000 | -- | |
| 5504 7 Ave Llc | $2,200,000 | -- | |
| Jj55 Llc | $2,000,000 | -- | |
| Jj55 Llc | $2,000,000 | -- | |
| Jj55 Llc | $2,000,000 | -- | |
| Kam On Management Inc | $800,000 | -- | |
| Kam On Management Inc | $800,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Kam On Management Inc | $450,000 |
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 | $11,359 | $337,050 | $86,850 | $250,200 |
| 2024 | $11,359 | $302,850 | $86,850 | $216,000 |
| 2023 | $10,321 | $280,800 | $86,850 | $193,950 |
| 2022 | $9,534 | $294,750 | $86,850 | $207,900 |
| 2021 | $8,852 | $261,450 | $86,850 | $174,600 |
| 2020 | $4,352 | $285,300 | $86,850 | $198,450 |
| 2019 | $8,814 | $288,000 | $86,850 | $201,150 |
| 2018 | $8,232 | $64,723 | $18,236 | $46,487 |
| 2017 | $7,624 | $59,944 | $17,881 | $42,063 |
| 2016 | $7,156 | $55,506 | $18,250 | $37,256 |
| 2015 | $4,646 | $55,506 | $19,801 | $35,705 |
| 2014 | $4,646 | $53,761 | $23,006 | $30,755 |
Source: Public Records
Map
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