5911 7th Ave Brooklyn, NY 11220
Sunset Park NeighborhoodEstimated Value: $1,687,873
Studio
--
Bath
3,708
Sq Ft
$455/Sq Ft
Est. Value
About This Home
This home is located at 5911 7th Ave, Brooklyn, NY 11220 and is currently estimated at $1,687,873, approximately $455 per square foot. 5911 7th Ave is a home located in Kings County with nearby schools including P.S. 69 Vincent D Grippo School, 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
Apr 12, 2013
Sold by
Shi Guang Yi and Zhang Yu Chan
Bought by
Gys 7Th Ave Llc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$378,524
Outstanding Balance
$268,754
Interest Rate
3.6%
Mortgage Type
Commercial
Estimated Equity
$1,419,119
Purchase Details
Closed on
Dec 18, 2008
Sold by
Louis Faro As Executor
Bought by
Yi Shi Guang and Zhang Yu Chan
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
6.08%
Mortgage Type
Commercial
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Gys 7Th Ave Llc | -- | -- | |
| Yi Shi Guang | $910,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Gys 7Th Ave Llc | $378,524 | |
| Previous Owner | Yi Shi Guang | $600,000 |
Source: Public Records
Tax History Compared to Growth
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 | $26,252 | $460,800 | $54,000 | $406,800 |
| 2024 | $26,252 | $388,350 | $54,000 | $334,350 |
| 2023 | $24,312 | $384,300 | $54,000 | $330,300 |
| 2022 | $22,912 | $480,600 | $54,000 | $426,600 |
| 2021 | $21,696 | $565,650 | $54,000 | $511,650 |
| 2020 | $10,171 | $549,000 | $54,000 | $495,000 |
| 2019 | $20,372 | $457,380 | $54,000 | $403,380 |
| 2018 | $19,390 | $152,453 | $21,599 | $130,854 |
| 2017 | $18,322 | $144,053 | $21,608 | $122,445 |
| 2016 | $17,540 | $136,052 | $22,519 | $113,533 |
| 2015 | $11,164 | $129,735 | $23,236 | $106,499 |
| 2014 | $11,164 | $124,252 | $26,721 | $97,531 |
Source: Public Records
Map
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