NOT LISTED FOR SALE

874 Nostrand Ave Brooklyn, NY 11225

Crown Heights Neighborhood

Estimated Value: $1,599,014

-- Bed
-- Bath
2,889 Sq Ft
$553/Sq Ft Est. Value

About This Home

This home is located at 874 Nostrand Ave, Brooklyn, NY 11225 and is currently estimated at $1,599,014, approximately $553 per square foot. 874 Nostrand Ave is a home located in Kings County with nearby schools including P.S. 161 - The Crown School, Success Academy Prospect Heights, and M.A.C.A.D.E.M.Y.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 22, 2023
Sold by
Kimahne Realty Llc
Bought by
Palazzo Palermo Realty Llc
Current Estimated Value
$1,599,014

Purchase Details

Closed on
Jun 13, 2011
Sold by
Kim Ouk Jen
Bought by
Kimahne Realty Llc

Purchase Details

Closed on
Jun 9, 1998
Sold by
Kim Yong Rim and Kim Peter Dae
Bought by
Kim Ouk Jen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.92%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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
Palazzo Palermo Realty Llc $1,517,000 --
Palazzo Palermo Realty Llc $1,517,000 --
Kimahne Realty Llc -- --
Kimahne Realty Llc -- --
Kim Ouk Jen $150,000 Lawyers Title Insurance Corp
Kim Ouk Jen $150,000 Lawyers Title Insurance Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Palazzo Palermo Realty Llc $920,000
Previous Owner Kimahne Realty Llc $430,000
Previous Owner Kim Ouk Jen $100,000
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 $5,312 $98,760 $14,760 $84,000
2024 $5,312 $86,520 $14,760 $71,760
2023 $5,068 $77,340 $14,760 $62,580
2022 $4,700 $60,720 $14,760 $45,960
2021 $4,675 $56,580 $14,760 $41,820
2020 $2,324 $68,160 $14,760 $53,400
2019 $4,611 $71,760 $14,760 $57,000
2018 $4,239 $20,797 $5,131 $15,666
2017 $4,000 $19,621 $5,190 $14,431
2016 $3,701 $18,511 $5,876 $12,635
2015 $2,233 $18,511 $7,049 $11,462
2014 $2,233 $18,369 $8,399 $9,970
Source: Public Records

Map

New York Kings County Brooklyn 11225 Crown Heights

874 Nostrand Ave, Brooklyn, NY

This home is located at 874 Nostrand Ave, Brooklyn, NY 11225 and is currently estimated at $1,599,014, approximately $553 per square foot. 874 Nostrand Ave is a home located in Kings County with nearby schools including P.S. 161 - The Crown School, Success Academy Prospect Heights, and M.A.C.A.D.E.M.Y.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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