NOT LISTED FOR SALE

888 E 56th St Brooklyn, NY 11234

Flatlands Neighborhood

Estimated Value: $5,932,112

-- Bed
-- Bath
16,628 Sq Ft
$357/Sq Ft Est. Value

About This Home

This home is located at 888 E 56th St, Brooklyn, NY 11234 and is currently estimated at $5,932,112, approximately $356 per square foot. 888 E 56th St is a home located in Kings County with nearby schools including Ebenezer Preparatory School and Great Oaks Elementary School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 7, 2013
Sold by
Sutlingar Realty Corp
Bought by
Rehoboth Open Bible Church Inc
Current Estimated Value
$5,932,112

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,950,000
Outstanding Balance
$1,378,677
Interest Rate
3.43%
Mortgage Type
Commercial
Estimated Equity
$4,553,435

Purchase Details

Closed on
Nov 7, 1995
Sold by
Glenwood Jewish Center
Bought by
Sutlingar Realty Corp
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
Rehoboth Open Bible Church Inc $3,300,000 --
Sutlingar Realty Corp $450,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rehoboth Open Bible Church Inc $1,950,000
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 $83,438 $1,469,700 $243,000 $1,226,700
2024 $83,438 $791,550 $243,000 $548,550
2023 $0 $775,753 $243,000 $532,753
2022 $0 $485,118 $243,000 $242,118
2021 $0 $634,950 $243,000 $391,950
2020 $76,094 $759,150 $243,000 $516,150
2019 $0 $759,150 $243,000 $516,150
2018 $0 $729,450 $243,000 $486,450
2017 $0 $687,150 $243,000 $444,150
2016 -- $652,950 $243,000 $409,950
2015 $32,810 $616,950 $243,000 $373,950
2014 $32,810 $617,130 $243,000 $374,130
Source: Public Records

Map

New York Kings County Brooklyn 11234 Flatlands

888 E 56th St, Brooklyn, NY

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