NOT LISTED FOR SALE

601-623 Wortman Ave Brooklyn, NY 11208

East New York Neighborhood
-- Bed
-- Bath
42,500 Sq Ft
1.26 Acres

About This Home

This home is located at 601-623 Wortman Ave, Brooklyn, NY 11208. 601-623 Wortman Ave is a home located in Kings County with nearby schools including P.S. 224 Hale A Woodruff, Van Siclen Community Middle School, and Achievement First Aspire Charter.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 4, 2010
Sold by
New York City Industrial Development Age
Bought by
Bedessee Holdings Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,914,000
Outstanding Balance
$1,951,372
Interest Rate
5.11%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 4, 2000
Sold by
Bedessee Holdings Inc
Bought by
New York City Industrial Development Age

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,020,000
Interest Rate
8.15%
Mortgage Type
Commercial
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
Bedessee Holdings Inc -- --
Bedessee Holdings Inc -- --
New York City Industrial Development Age -- Fidelity National Title Ins
Bedessee Holdings Inc $1,250,000 Fidelity National Title Ins
Stell Equipment Ltd -- Fidelity National Title Ins
Bedessee Holdings Inc $1,250,000 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bedessee Holdings Inc $2,914,000
Closed Bedessee Holdings Inc $2,914,000
Previous Owner Bedessee Holdings Inc $1,020,000
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 -- $2,054,700 $495,000 $1,559,700
2024 -- $1,916,550 $495,000 $1,421,550
2023 $0 $1,808,550 $495,000 $1,313,550
2022 $0 $1,652,400 $495,000 $1,157,400
2021 $0 $1,336,500 $495,000 $841,500
2020 $0 $1,640,700 $495,000 $1,145,700
2019 $0 $1,640,700 $495,000 $1,145,700
2018 $0 $1,497,600 $495,000 $1,002,600
2017 $0 $1,440,450 $495,000 $945,450
2016 -- $1,264,050 $371,250 $892,800
2015 -- $1,294,650 $371,250 $923,400
2014 -- $1,088,550 $371,250 $717,300
Source: Public Records

Map

New York Kings County Brooklyn 11208 East New York

601-623 Wortman Ave, Brooklyn, NY

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