NOT LISTED FOR SALE

Estimated Value: $7,263,009

-- Bed
1 Bath
5,220 Sq Ft
$1,391/Sq Ft Est. Value

About This Home

This home is located at 940 1st Ave, New York, NY 10022 and is currently estimated at $7,263,009, approximately $1,391 per square foot. 940 1st Ave is a home located in New York County with nearby schools including P.S. 59 Beekman Hill International, Simon Baruch Middle School 104, and Clinton School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 24, 2022
Sold by
First Avenue Realty Holdings Lp
Bought by
940 1St Avenue Owner Lp
Current Estimated Value
$7,263,009

Purchase Details

Closed on
Jul 13, 2015
Sold by
Dorothy Enea As Executrix
Bought by
First Avenue Realty Holdings L P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,250,000
Interest Rate
3.97%
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
940 1St Avenue Owner Lp -- --
First Avenue Realty Holdings L P $6,850,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner First Avenue Realty Holdings L P $4,250,000
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 $133,671 $1,154,736 $475,050 $679,686
2024 $133,671 $1,069,200 $497,250 $599,992
2023 $121,443 $1,052,550 $497,250 $555,300
2022 $136,178 $1,140,300 $497,250 $643,050
2021 $129,408 $1,332,900 $497,250 $835,650
2020 $121,835 $1,657,350 $497,250 $1,160,100
2019 $116,618 $1,539,720 $497,250 $1,042,470
2018 $108,896 $856,170 $333,357 $522,813
2017 $108,896 $856,170 $379,490 $476,680
2016 $104,616 $811,483 $396,414 $415,069
2015 $44,234 $751,374 $351,958 $399,416
2014 $44,234 $711,279 $356,769 $354,510
Source: Public Records

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