NOT LISTED FOR SALE

551 Nostrand Ave New York City, NY 11216

Bed-Stuy Neighborhood

Estimated Value: $1,947,403

-- Bed
-- Bath
6,000 Sq Ft
$325/Sq Ft Est. Value

About This Home

This home is located at 551 Nostrand Ave, New York City, NY 11216 and is currently estimated at $1,947,403, approximately $324 per square foot. 551 Nostrand Ave is a home located in Kings County with nearby schools including P.S. 93 - William H. Prescott, Leadership Preparatory Bedford Stuyvesant Charter School, and The Co-op School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 19, 2012
Sold by
551 Galaxy Corp
Bought by
551 Nostrand Llc
Current Estimated Value
$1,947,403

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Outstanding Balance
$207,701
Interest Rate
3.96%
Mortgage Type
Commercial
Estimated Equity
$1,754,025

Purchase Details

Closed on
Jan 15, 1999
Sold by
Tanzman Sam
Bought by
551 Galaxy Realty Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
6.99%
Mortgage Type
Seller Take Back
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

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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
551 Nostrand Llc $1,015,000 --
551 Nostrand Llc $1,015,000 --
551 Galaxy Realty Corp $190,000 --
551 Galaxy Realty Corp $190,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 551 Nostrand Llc $300,000
Closed 551 Nostrand Llc $300,000
Previous Owner 551 Galaxy Realty Corp $180,000
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 $20,567 $674,550 $47,250 $627,300
2024 $20,567 $606,150 $47,250 $558,900
2023 $20,125 $666,000 $47,250 $618,750
2022 $19,422 $654,300 $47,250 $607,050
2021 $18,031 $523,350 $47,250 $476,100
2020 $8,224 $541,800 $47,250 $494,550
2019 $15,126 $451,620 $47,250 $404,370
2018 $17,434 $125,045 $15,857 $109,188
2017 $15,420 $121,236 $17,791 $103,445
2016 $14,210 $110,224 $5,605 $104,619
2015 $11,243 $102,060 $6,075 $95,985
2014 $11,243 $94,500 $6,750 $87,750
Source: Public Records

Map

New York Kings County New York 11216 Bed-Stuy

551 Nostrand Ave, New York, NY

This home is located at 551 Nostrand Ave, New York City, NY 11216 and is currently estimated at $1,947,403, approximately $324 per square foot. 551 Nostrand Ave is a home located in Kings County with nearby schools including P.S. 93 - William H. Prescott, Leadership Preparatory Bedford Stuyvesant Charter School, and The Co-op School.

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