88 Avenue U Brooklyn, NY 11223
Gravesend NeighborhoodEstimated Value: $1,231,821
Studio
--
Bath
3,300
Sq Ft
$373/Sq Ft
Est. Value
About This Home
This home is located at 88 Avenue U, Brooklyn, NY 11223 and is currently estimated at $1,231,821, approximately $373 per square foot. 88 Avenue U is a home located in Kings County with nearby schools including P.S. 95 - The Gravesend, Is 228 David A Boody, and Success Academy Charter School - Bensonhurst.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 4, 2020
Sold by
Cutrone Properties Llc
Bought by
2437 E 15Th St Kings 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
$855,000
Outstanding Balance
$753,958
Interest Rate
3.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$477,863
Purchase Details
Closed on
Apr 9, 2008
Sold by
Cutrone Pina and Cutrone Vincent
Bought by
Cutrone Properties Llc
Purchase Details
Closed on
Jun 12, 2007
Sold by
Li Wai
Bought by
Cutrone Pina and Cutrone Vincent
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$475,000
Interest Rate
6.14%
Mortgage Type
Commercial
Purchase Details
Closed on
Aug 20, 1996
Sold by
Arrigali Roger
Bought by
Li Wai
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,000
Interest Rate
8.11%
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 |
|---|---|---|---|
| 2437 E 15Th St Kings Llc | $950,000 | -- | |
| 2437 E 15Th St Kings Llc | $950,000 | -- | |
| 2437 E 15Th St Kings Llc | $950,000 | -- | |
| Cutrone Properties Llc | -- | -- | |
| Cutrone Properties Llc | -- | -- | |
| Cutrone Pina | $725,000 | -- | |
| Cutrone Pina | $725,000 | -- | |
| Li Wai | $188,000 | Commonwealth Land Title Ins | |
| Li Wai | $188,000 | Commonwealth Land Title Ins |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | 2437 E 15Th St Kings Llc | $855,000 | |
| Closed | 2437 E 15Th St Kings Llc | $855,000 | |
| Previous Owner | Cutrone Pina | $475,000 | |
| Previous Owner | Li Wai | $122,000 |
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 | $21,287 | $220,500 | $43,650 | $176,850 |
| 2024 | $21,287 | $219,600 | $43,650 | $175,950 |
| 2023 | $21,501 | $211,050 | $43,650 | $167,400 |
| 2022 | $19,988 | $185,850 | $43,650 | $142,200 |
| 2021 | $17,709 | $165,600 | $43,650 | $121,950 |
| 2020 | $16,038 | $224,550 | $43,650 | $180,900 |
| 2019 | $19,711 | $224,550 | $43,650 | $180,900 |
| 2018 | $18,187 | $185,400 | $43,650 | $141,750 |
| 2017 | $17,309 | $188,550 | $43,650 | $144,900 |
| 2016 | $16,332 | $173,700 | $43,650 | $130,050 |
| 2015 | $7,532 | $165,150 | $43,650 | $121,500 |
| 2014 | $7,532 | $152,100 | $43,650 | $108,450 |
Source: Public Records
Map
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