NOT LISTED FOR SALE

5706 1st Ave Brooklyn, NY 11220

Sunset Park Neighborhood

Estimated Value: $32,292,840

-- Bed
-- Bath
165,500 Sq Ft
$195/Sq Ft Est. Value

About This Home

This home is located at 5706 1st Ave, Brooklyn, NY 11220 and is currently estimated at $32,292,840, approximately $195 per square foot. 5706 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
Jun 7, 2007
Sold by
Dibattista Realty Associates Llc
Bought by
Fifty-Sixth Associates Llc
Current Estimated Value
$32,292,840

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,000,000
Outstanding Balance
$6,102,359
Interest Rate
6.14%
Mortgage Type
Commercial
Estimated Equity
$26,190,481
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

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.

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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.

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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
Fifty-Sixth Associates Llc $17,500,000 --
Fifty-Sixth Associates Llc $17,500,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fifty-Sixth Associates Llc $10,000,000
Closed Fifty-Sixth Associates Llc $10,000,000
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 $528,067 $6,127,650 $1,224,450 $4,903,200
2024 $528,067 $5,476,950 $1,224,450 $4,252,500
2023 $518,572 $5,375,250 $1,224,450 $4,150,800
2022 $510,553 $4,986,900 $1,224,450 $3,762,450
2021 $427,765 $4,000,050 $1,224,450 $2,775,600
2020 $249,094 $5,205,150 $1,224,450 $3,980,700
2019 $426,375 $4,904,550 $1,224,450 $3,680,100
2018 $376,356 $4,755,600 $1,224,450 $3,531,150
2017 $321,259 $4,446,000 $1,224,450 $3,221,550
2016 $285,391 $3,644,550 $1,224,450 $2,420,100
2015 $133,288 $2,525,850 $1,224,450 $1,301,400
2014 $133,288 $2,525,850 $1,224,450 $1,301,400
Source: Public Records

Map

New York Kings County Brooklyn 11220 Sunset Park

5706 1st Ave, Brooklyn, NY

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