NOT LISTED FOR SALE

962 E 40th St Brooklyn, NY 11210

Flatlands Neighborhood

Estimated Value: $935,000 - $1,461,000

-- Bed
-- Bath
2,500 Sq Ft
$471/Sq Ft Est. Value

About This Home

This home is located at 962 E 40th St, Brooklyn, NY 11210 and is currently estimated at $1,178,308, approximately $471 per square foot. 962 E 40th St is a home located in Kings County with nearby schools including P.S. 109, Andries Hudde School, and Christian Heritage Academy.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 12, 2014
Sold by
Garnier Jacques and Garnier Jocelyne
Bought by
Herbert Farah
Current Estimated Value
$1,178,308

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$484,000
Outstanding Balance
$367,586
Interest Rate
4.16%
Mortgage Type
Commercial
Estimated Equity
$810,722
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
Herbert Farah $605,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Herbert Farah $484,000
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 $8,474 $65,160 $18,000 $47,160
2024 $8,474 $64,860 $18,000 $46,860
2023 $8,569 $70,920 $18,000 $52,920
2022 $8,184 $58,380 $18,000 $40,380
2021 $6,851 $53,100 $18,000 $35,100
2020 $3,241 $46,800 $18,000 $28,800
2019 $6,028 $51,780 $18,000 $33,780
2018 $7,108 $36,327 $16,638 $19,689
2017 $6,909 $35,361 $15,133 $20,228
2016 $6,359 $33,360 $18,000 $15,360
2015 $3,883 $32,089 $16,439 $15,650
2014 $3,883 $30,273 $13,178 $17,095
Source: Public Records

Map

New York Kings County Brooklyn 11210 Flatlands

962 E 40th St, Brooklyn, NY

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