NOT LISTED FOR SALE

5601-5611 1st Ave Brooklyn, NY 11220

Sunset Park Neighborhood

Estimated Value: $9,919,160

-- Bed
-- Bath
39,432 Sq Ft
$252/Sq Ft Est. Value

About This Home

This home is located at 5601-5611 1st Ave, Brooklyn, NY 11220 and is currently estimated at $9,919,160, approximately $251 per square foot. 5601-5611 1st Ave is a home located in Kings County with nearby schools including P.S. 503: The School of Discovery, IS 220 John J. Pershing, and Fort Hamilton High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 3, 2012
Sold by
Shorecor Realty Llc
Bought by
5601 Realty Llc
Current Estimated Value
$9,919,160

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,500,000
Outstanding Balance
$1,726,777
Interest Rate
3.91%
Mortgage Type
Commercial
Estimated Equity
$8,192,383

Purchase Details

Closed on
Jan 7, 2008
Sold by
Estate Of Mary Matthews
Bought by
Matthews Michell D and Matthews Roberts S

Purchase Details

Closed on
Mar 5, 1999
Sold by
Kahn Max and Kahn Bernard
Bought by
Shore Park Properties Inc
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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
5601 Realty Llc $5,000,000 --
Matthews Michell D -- --
Shore Park Properties Inc $1,800,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 5601 Realty Llc $2,500,000
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 $265,794 $2,967,300 $370,800 $2,596,500
2024 $265,794 $2,939,400 $370,800 $2,568,600
2023 $255,967 $2,690,100 $370,800 $2,319,300
2022 $231,415 $2,457,900 $370,800 $2,087,100
2021 $212,607 $1,988,100 $370,800 $1,617,300
2020 $91,364 $2,471,400 $370,800 $2,100,600
2019 $229,922 $2,414,250 $370,800 $2,043,450
2018 $222,295 $2,203,200 $370,800 $1,832,400
2017 $211,970 $2,106,450 $370,800 $1,735,650
2016 $201,788 $2,082,600 $74,250 $2,008,350
2015 $27,273 $962,100 $74,250 $887,850
2014 $27,273 $908,550 $74,250 $834,300
Source: Public Records

Map

New York Kings County Brooklyn 11220 Sunset Park

5601-5611 1st Ave, Brooklyn, NY

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Nearby Homes