5520 8th Ave Brooklyn, NY 11220
Sunset Park NeighborhoodEstimated Value: $4,981,772
Studio
--
Bath
2,080
Sq Ft
$2,395/Sq Ft
Est. Value
About This Home
This home is located at 5520 8th Ave, Brooklyn, NY 11220 and is currently priced at $4,981,772, approximately $2,395 per square foot. 5520 8th Ave is a home located in Kings County with nearby schools including P.S. 105 The Blythebourne, IS 220 John J. Pershing, and Franklin Delano Roosevelt High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Nov 16, 2006
Sold by
Nikitas Katherine and Nikitas Michael
Bought by
Big Hung Yip Enterprises Inc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,700,000
Outstanding Balance
$1,003,563
Interest Rate
6.36%
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 |
|---|---|---|---|
| Big Hung Yip Enterprises Inc | $2,800,000 | -- | |
| Big Hung Yip Enterprises Inc | $2,800,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Big Hung Yip Enterprises Inc | $1,700,000 | |
| Closed | Big Hung Yip Enterprises Inc | $1,700,000 |
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 | $5,905 | $73,260 | $10,500 | $62,760 |
| 2024 | $5,905 | $78,060 | $10,500 | $67,560 |
| 2023 | $5,633 | $69,000 | $10,500 | $58,500 |
| 2022 | $5,468 | $54,180 | $10,500 | $43,680 |
| 2021 | $5,764 | $50,520 | $10,500 | $40,020 |
| 2020 | $5,465 | $54,060 | $10,500 | $43,560 |
| 2019 | $5,125 | $51,360 | $10,500 | $40,860 |
| 2018 | $4,711 | $23,112 | $5,673 | $17,439 |
| 2017 | $4,653 | $22,824 | $6,006 | $16,818 |
| 2016 | $4,563 | $22,824 | $7,210 | $15,614 |
| 2015 | $2,597 | $21,639 | $8,196 | $13,443 |
| 2014 | $2,597 | $20,415 | $9,279 | $11,136 |
Source: Public Records
Map
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