NOT LISTED FOR SALE

5601 7th Ave Brooklyn, NY 11220

Sunset Park Neighborhood

Estimated Value: $4,019,379

Studio
-- Bath
4,334 Sq Ft
$927/Sq Ft Est. Value

About This Home

This home is located at 5601 7th Ave, Brooklyn, NY 11220 and is currently estimated at $4,019,379, approximately $927 per square foot. 5601 7th 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
Jan 12, 2021
Sold by
Cottco Llc
Bought by
5601 Llc
Current Estimated Value
$4,019,379

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,242,500
Outstanding Balance
$2,001,439
Interest Rate
2.71%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$2,017,940

Purchase Details

Closed on
Jun 26, 2009
Sold by
Cottone Giovanna
Bought by
Cottco Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
5.58%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
5601 Llc $3,450,000 --
Cottco Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 5601 Llc $2,242,500
Previous Owner Cottco Llc $210,000
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 $27,834 $638,100 $10,800 $627,300
2024 $27,834 $758,160 $10,800 $747,360
2023 $25,419 $631,800 $10,800 $621,000
2022 $25,353 $526,500 $10,800 $515,700
2021 $24,208 $421,335 $10,800 $410,535
2020 $16,717 $409,050 $10,800 $398,250
2019 $21,599 $340,740 $10,800 $329,940
2018 $20,274 $159,397 $6,063 $153,334
2017 $20,274 $159,397 $6,419 $152,978
2016 $19,560 $151,726 $80,920 $70,806
2015 $11,493 $139,979 $76,921 $63,058
2014 $11,493 $123,201 $73,578 $49,623
Source: Public Records

Map

New York Kings County Brooklyn 11220 Sunset Park

5601 7th Ave, Brooklyn, NY

Not Listed for Sale

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