Seller's Agent in 2025
Kevin Stile
Bergen Basin Realty LLC
(917) 627-3169
9 in this area
29 Total Sales
5507 Avenue N Brooklyn, NY 11234
Flatlands NeighborhoodEstimated Value: $1,128,662
Studio
--
Bath
3,450
Sq Ft
$327/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Heating System Uses Steam
- Back Yard
About This Home
As of June 2025Our Commercial division is delighted to present this well sought after semi-detached mixed-use building in the Old Mill Basin section of Brooklyn NY. The oversized property is 3,450 interior usable space. The top floor consists of a 3-bedroom ,1 bath unit that is in need of renovation and the projected rent for a large 3 bedroom is Impressive. The second floor is set-up as a BEAUTIFUL office space with a conference room, private offices and administration station and has European bathroom. The space is ideal for end user or professional tenant to occupy. The first-floor tenant is a well-established nail salon and spa in the community, they utilize the first floor and the finished basement plus pay (90% of water bill). All the tenants pay their own gas and electric, all mechanicals have been up-dated. This is an ideal investment property for anyone's portfolio or owner user.
Property Details
Property Type
- Other
Est. Annual Taxes
- $11,201
Lot Details
- 1,950 Sq Ft Lot
- Lot Dimensions are 100 x 19
- Back Yard
Parking
- On-Street Parking
Home Design
- Mixed Use
- Flat Roof Shape
- Brick Exterior Construction
- Block Foundation
Interior Spaces
- 3,450 Sq Ft Home
- 3-Story Property
- Finished Basement
Flooring
- Wood
- Tile
Utilities
- Heating System Uses Steam
- Heating System Uses Gas
- 220 Volts
- 110 Volts
- Gas Water Heater
Listing and Financial Details
- Tax Block 7880
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 9, 2024
Closed on
Jun 4, 2025
Sold by
5507 Avenue N Llc
Bought by
5507 N Assoc Llc
Seller's Agent
Kevin Stile
Bergen Basin Realty LLC
Buyer's Agent
Jason Sciulara
Bergen Basin Realty LLC
List Price
$1,289,000
Sold Price
$1,100,000
Premium/Discount to List
-$189,000
-14.66%
Views
10
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,662
Avg. Annual Appreciation
2.72%
Original Mortgage
$770,000
Outstanding Balance
$763,213
Interest Rate
6.76%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$365,449
Purchase Details
Closed on
Sep 8, 2003
Sold by
Evangelista Diana and Evangelista Peter
Bought by
5507 Avenue N Llc
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|
| 5507 N Assoc Llc | $1,100,000 | -- | |
| 5507 Avenue N Llc | -- | -- | |
| 5507 Avenue N Llc | -- | -- |
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 | 5507 N Assoc Llc | $770,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/04/2025 06/04/25 | Sold | $1,100,000 | -14.7% | $319 / Sq Ft |
| 11/07/2024 11/07/24 | For Sale | $1,289,000 | +17.2% | $374 / Sq Ft |
| 11/06/2024 11/06/24 | Off Market | $1,100,000 | -- | -- |
| 10/14/2024 10/14/24 | Price Changed | $1,289,000 | -4.4% | $374 / Sq Ft |
| 09/20/2024 09/20/24 | For Sale | $1,349,000 | 0.0% | $391 / Sq Ft |
| 05/09/2024 05/09/24 | Pending | -- | -- | -- |
| 05/09/2024 05/09/24 | For Sale | $1,349,000 | -- | $391 / Sq Ft |
Source: Brooklyn Board of REALTORS®
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 | $12,911 | $159,300 | $19,800 | $139,500 |
| 2025 | $9,676 | $139,500 | $19,800 | $119,700 |
| 2024 | $9,676 | $91,350 | $19,800 | $71,550 |
| 2023 | $11,258 | $105,750 | $19,800 | $85,950 |
| 2022 | $15,003 | $139,500 | $19,800 | $119,700 |
| 2021 | $13,234 | $123,750 | $19,800 | $103,950 |
| 2020 | $7,520 | $157,500 | $19,800 | $137,700 |
| 2019 | $15,178 | $157,500 | $19,800 | $137,700 |
| 2018 | $14,364 | $152,100 | $19,800 | $132,300 |
| 2017 | $13,740 | $141,300 | $19,800 | $121,500 |
| 2016 | $13,333 | $136,800 | $19,800 | $117,000 |
| 2015 | $9,011 | $134,100 | $19,800 | $114,300 |
| 2014 | $9,011 | $118,800 | $19,800 | $99,000 |
Source: Public Records
Agents Affiliated with this Home
-
Kevin Stile
-
Jason Sciulara
Seller Co-Listing Agent in 2025
Jason Sciulara
Bergen Basin Realty LLC
(917) 440-9356
29 in this area
194 Total Sales
Map
Source: Brooklyn Board of REALTORS®
MLS Number: 481973
APN: 07880-0008
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The property information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the participating Brokers.
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