NOT LISTED FOR SALE

5701-5717 Foster Ave Brooklyn, NY 11234

Flatlands Neighborhood

Estimated Value: $8,314,870

-- Bed
-- Bath
31,800 Sq Ft
$261/Sq Ft Est. Value

About This Home

This home is located at 5701-5717 Foster Ave, Brooklyn, NY 11234 and is currently estimated at $8,314,870, approximately $261 per square foot. 5701-5717 Foster Ave is a home located in Kings County with nearby schools including P.S. 208 Elsa Ebeling, I.S. 285 Meyer Levin, and Ivy Hill Preparatory Charter School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 30, 2020
Sold by
Autoparts Realty Llc
Bought by
Greenmount Holdings Llc
Current Estimated Value
$8,314,870

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,695,250
Outstanding Balance
$4,180,320
Interest Rate
3.2%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$4,134,550

Purchase Details

Closed on
Oct 6, 2005
Sold by
5701 Foster Ave Realty Corp
Bought by
Autoparts Realty Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$925,000
Interest Rate
5.72%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 5, 2005
Sold by
New York City Industrial Development Age
Bought by
5701 Foster Ave 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
$925,000
Interest Rate
5.72%
Mortgage Type
Commercial
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
Greenmount Holdings Llc $7,200,000 --
Autoparts Realty Llc $2,500,000 --
5701 Foster Ave Realty Corp -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Greenmount Holdings Llc $976,050
Closed Greenmount Holdings Llc $102,800
Closed Cross River Bank $0
Open Greenmount Holdings Llc $4,695,250
Closed Greenmount Holdings Llc $3,756,200
Previous Owner Autoparts Realty Llc $500,000
Previous Owner Autoparts Realty Llc $925,000
Previous Owner 5701 Foster Ave Realty Corp $925,000
Previous Owner New York City Industrial Development Age $900,000
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 $189,954 $2,326,500 $270,000 $2,056,500
2024 $189,954 $2,173,500 $270,000 $1,903,500
2023 $69,175 $1,948,500 $270,000 $1,678,500
2022 $52,790 $1,780,200 $270,000 $1,510,200
2021 $31,408 $742,500 $270,000 $472,500
2020 $1,455 $1,009,800 $270,000 $739,800
2019 $88,939 $961,650 $270,000 $691,650
2018 $81,019 $936,000 $270,000 $666,000
2017 $73,446 $900,900 $270,000 $630,900
2016 $66,308 $748,800 $270,000 $478,800
2015 $27,593 $682,200 $270,000 $412,200
2014 $27,593 $636,750 $270,000 $366,750
Source: Public Records

Map

New York Kings County Brooklyn 11234 Flatlands

5701-5717 Foster Ave, Brooklyn, NY

This home is located at 5701-5717 Foster Ave, Brooklyn, NY 11234 and is currently estimated at $8,314,870, approximately $261 per square foot. 5701-5717 Foster Ave is a home located in Kings County with nearby schools including P.S. 208 Elsa Ebeling, I.S. 285 Meyer Levin, and Ivy Hill Preparatory Charter School.

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.

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