NOT LISTED FOR SALE

Estimated Value: $1,326,440

-- Bed
-- Bath
4,200 Sq Ft
$316/Sq Ft Est. Value

About This Home

This home is located at 592 Marcy Ave, Brooklyn, NY 11206 and is currently estimated at $1,326,440, approximately $315 per square foot. 592 Marcy Ave is a home located in Kings County with nearby schools including P.S. 54 - Samuel C. Barnes, Success Academy Charter School-NYC 9, and New Visions Aim Charter High School I..

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 25, 2024
Sold by
Hsk Marcy Ave Llc
Bought by
592 Marcy Holdings Llc
Current Estimated Value
$1,326,440

Purchase Details

Closed on
May 11, 2021
Sold by
Hoffman Samuel
Bought by
Hsk Marcy Ave Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,064,000
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 25, 2015
Sold by
Hoffman Samuel
Bought by
Sternberger Joel

Purchase Details

Closed on
Nov 12, 2014
Sold by
Marcy Vernon Inc
Bought by
Hoffman Samuel

Purchase Details

Closed on
Apr 27, 2012
Sold by
Hoffman Samuel
Bought by
Marcy Vernon Inc

Purchase Details

Closed on
Dec 13, 2005
Sold by
Reich Aaron and Reich Rivka
Bought by
Hoffman Samuel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
6.39%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 24, 2005
Sold by
Chaim Shlomo Inc
Bought by
Reich Aaron and Reich Rivka

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$392,000
Interest Rate
5.77%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 21, 1999
Sold by
Holy Trinity Light Of The World Commandm
Bought by
Chaim Shlomo Inc
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
592 Marcy Holdings Llc $1,233,369 --
Hsk Marcy Ave Llc $1,400,000 --
Hsk Marcy Ave Llc $1,400,000 --
Sternberger Joel $609,350 --
Sternberger Joel $609,350 --
Hoffman Samuel -- --
Hoffman Samuel -- --
Marcy Vernon Inc -- --
Marcy Vernon Inc -- --
Hoffman Samuel $700,500 --
Hoffman Samuel $700,500 --
Reich Aaron $490,000 --
Reich Aaron $490,000 --
Chaim Shlomo Inc $15,000 --
Chaim Shlomo Inc $15,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 592 Marcy Holdings Llc $4,936,000
Previous Owner Hsk Marcy Ave Llc $1,064,000
Previous Owner Marcy Vernon Inc $180,000
Previous Owner Hoffman Samuel $70,000
Previous Owner Hoffman Samuel $560,000
Previous Owner Hoffman Samuel $70,000
Previous Owner Reich Aaron $392,000
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 $13,870 $230,400 $230,400 --
2024 $13,870 $197,100 $197,100 $0
2023 $11,373 $151,650 $151,650 $0
2022 $8,421 $116,550 $116,550 $0
2021 $6,073 $101,250 $101,250 $0
2020 $4,100 $88,200 $88,200 $0
2019 $2,366 $76,500 $76,500 $0
2018 $1,835 $9,000 $9,000 $0
2017 $11,355 $119,700 $45,000 $74,700
2016 $10,963 $113,850 $45,000 $68,850
2015 $7,041 $107,550 $45,000 $62,550
2014 $7,041 $100,800 $45,000 $55,800
Source: Public Records

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