NOT LISTED FOR SALE

5721 16th Ave Brooklyn, NY 11204

Borough Park Neighborhood

Estimated Value: $2,621,989

Studio
-- Bath
4,860 Sq Ft
$540/Sq Ft Est. Value

About This Home

This home is located at 5721 16th Ave, Brooklyn, NY 11204 and is currently estimated at $2,621,989, approximately $539 per square foot. 5721 16th Ave is a home located in Kings County with nearby schools including The Seeall Academy, Junior High School 227 Edward B Shallow, and Franklin Delano Roosevelt High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 21, 2023
Sold by
5721 Llc
Bought by
Borough Corner Realty Llc
Current Estimated Value
$2,621,989

Purchase Details

Closed on
Jan 12, 2009
Sold by
Simone Josephine and Simone Patsy
Bought by
5721 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
4.83%
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
Borough Corner Realty Llc $2,350,000 --
5721 Llc $999,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 5721 Llc $800,000
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 $18,270 $475,200 $13,050 $462,150
2024 $18,270 $395,820 $13,050 $382,770
2023 $16,603 $329,850 $13,050 $316,800
2022 $15,339 $334,800 $13,050 $321,750
2021 $14,240 $358,650 $13,050 $345,600
2020 $10,620 $393,300 $13,050 $380,250
2019 $14,178 $396,450 $13,050 $383,400
2018 $13,242 $104,110 $3,732 $100,378
2017 $12,266 $96,435 $3,836 $92,599
2016 $11,512 $89,294 $3,917 $85,377
2015 $7,474 $89,294 $4,352 $84,942
2014 $7,474 $86,473 $4,879 $81,594
Source: Public Records

Map

New York Kings County Brooklyn 11204 Borough Park

5721 16th Ave, Brooklyn, NY

Not Listed for Sale

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