NOT LISTED FOR SALE

5715 7th Ave Brooklyn, NY 11220

Sunset Park Neighborhood

Estimated Value: $8,260,960

Studio
-- Bath
8,831 Sq Ft
$935/Sq Ft Est. Value

About This Home

This home is located at 5715 7th Ave, Brooklyn, NY 11220 and is currently estimated at $8,260,960, approximately $935 per square foot. 5715 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
Jul 19, 2013
Sold by
Shen Ziming
Bought by
Jc Holdings Llc
Current Estimated Value
$8,260,960

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,300,000
Outstanding Balance
$1,702,903
Interest Rate
4.51%
Mortgage Type
Commercial
Estimated Equity
$6,558,057

Purchase Details

Closed on
Oct 14, 2008
Sold by
Fan Xiaoping and Shen Ziming
Bought by
Shen Ziming

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$739,431
Interest Rate
6.47%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 17, 1997
Sold by
Shen Ziming
Bought by
Shen Ziming and Fan Xiaoping
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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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
Jc Holdings Llc $4,750,000 --
Jc Holdings Llc $4,750,000 --
Shen Ziming -- --
Shen Ziming -- --
Shen Ziming -- --
Shen Ziming -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jc Holdings Llc $2,300,000
Closed Jc Holdings Llc $2,300,000
Previous Owner Shen Ziming $739,431
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 $33,266 $1,224,000 $103,950 $1,120,050
2024 $33,266 $1,020,060 $103,950 $916,110
2023 $30,802 $850,050 $103,950 $746,100
2022 $30,223 $708,300 $103,950 $604,350
2021 $29,406 $566,550 $103,950 $462,600
2020 $13,711 $560,250 $103,950 $456,300
2019 $27,184 $522,000 $103,950 $418,050
2018 $17,410 $136,880 $30,171 $106,709
2017 $17,410 $136,880 $34,900 $101,980
2016 $16,549 $128,369 $1,613 $126,756
2015 $10,267 $118,861 $1,792 $117,069
2014 $10,267 $110,059 $1,704 $108,355
Source: Public Records

Map

New York Kings County Brooklyn 11220 Sunset Park

5715 7th Ave, Brooklyn, NY

Not Listed for Sale

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