5516 16th Ave Brooklyn, NY 11204
Borough Park Neighborhood
--
Bed
--
Bath
3,960
Sq Ft
2,004
Sq Ft Lot
About This Home
This home is located at 5516 16th Ave, Brooklyn, NY 11204. 5516 16th Ave is a home located in Kings County with nearby schools including The Seeall Academy, Junior High School 227 Edward B Shallow, and Franklin Delano Roosevelt High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Nov 6, 2024
Sold by
Hd Capital Funding Llc
Bought by
Cyls Realty Group Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,885,000
Outstanding Balance
$1,871,965
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jan 10, 2024
Sold by
Abck Realty Management Llc
Bought by
Hd Capital Funding Llc
Purchase Details
Closed on
Jul 17, 2021
Sold by
Berlin Ahron and N & K Trust
Bought by
Abck Realty Management Llc
Purchase Details
Closed on
Oct 7, 2014
Sold by
Nutta Realty Corp
Bought by
Yisocher Kaufman-Trustee and N & K Trust
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Cyls Realty Group Llc | $2,250,000 | -- | |
| Cyls Realty Group Llc | $2,250,000 | -- | |
| Hd Capital Funding Llc | $2,000,000 | -- | |
| Hd Capital Funding Llc | $2,000,000 | -- | |
| Abck Realty Management Llc | -- | -- | |
| Abck Realty Management Llc | -- | -- | |
| Yisocher Kaufman-Trustee | -- | -- | |
| Kaufman-Trustee Yisocher | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Cyls Realty Group Llc | $1,885,000 | |
| Closed | Cyls Realty Group Llc | $1,508,000 | |
| Closed | Cyls Realty Group Llc | $1,885,000 | |
| Previous Owner | Abck Realty Management Llc | $90,000 | |
| Previous Owner | Nutta Realty Corp | $273,000 |
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 | $33,805 | $364,950 | $7,650 | $357,300 |
| 2024 | $33,805 | $304,020 | $7,650 | $296,370 |
| 2023 | $31,078 | $253,350 | $7,650 | $245,700 |
| 2022 | $32,058 | $316,800 | $7,650 | $309,150 |
| 2021 | $29,761 | $292,050 | $7,650 | $284,400 |
| 2020 | $27,557 | $323,100 | $7,650 | $315,450 |
| 2019 | $26,233 | $323,100 | $7,650 | $315,450 |
| 2018 | $0 | $208,000 | $5,366 | $202,634 |
| 2014 | $16,501 | $188,550 | $7,650 | $180,900 |
Source: Public Records
Map
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