62 Florence Ave Brooklyn, NY 11229
Duplex (2 units, any combination)-- Beds, -- Baths, 2,600 sqft
$710,000
(Estimated Value)
Estimated value provides a reasonable estimate of the property’s market value based on comparable properties and other factors.
It is not an actual appraisal, but it is a good starting point to determine the property’s actual value.
- Est. Refinance:
- $3,225/mo
62 Florence Ave is a duplex (2 units, any combination) located in Brooklyn, NY 11229. Built in 1920, this property features 1,785 sq ft lot, and 2,600 sq ft of living space. The estimated market value for 62 Florence Ave is $710,000.
For the surrounding community of Brooklyn, NY 11229, the average sale price for similar homes to 62 Florence Ave is $1,286,579. The nearby schools are very good and include University Neighborhood High School, Millennium High School and Bard High School Early College. The overall crime risk for this area is moderate with 8 criminal and sex offenders residing within 1 mile. The natural disaster risk for this area includes very low earthquake risk, low tornado risk, and moderate to low flood risk.
Equity & Loan-to-value
$710,000
estimated value
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Outstanding Loan Amount
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Equity
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Loan-To-Value
Ownership Information
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The primary owner (or borrower) is the person in charge of the mortgage and ultimately responsible for making payments on the loan.
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Free with Trial |
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The secondary owner (or borrower) is the person who signed the mortgage along with the primary owner. Even though this person is listed as the second on the loan, he/she still bears the same responsibility to ensure payments are made on time. In the event of a foreclosure, this person’s credit will be affected along with the primary owner.
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Free with Trial |
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Indicates the ownership vesting type. Generally this describes the legal relationship between multiple owners or married persons.
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Free with Trial |
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The address where the owner receives his/her tax bill. You may use this address to get in touch with the property owner.
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Free with Trial |
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The price that the current owner purchased the property for.
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$500,000 |
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The date when the current owner purchased the property.
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03/04/2016 |
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The type of financing used to purchase the property.
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Free with Trial |
Property Details: 62 Florence Ave
- Duplex (2 units, any combination)
- Home Size: 2,600 sqft
- Lot Size: 1,785 sqft
- Built in: 1920
- Parcel Number: 089230034
- County: Kings
- Subdivision: GERRITSEN 1ST ADD SEC 2
- Census: 1
- Tract: 62800
- Lot: 34
- Zoning: R4
Sale History
| Date | Event | Price | Price/sq.ft. | Source |
| 3/4/2016 | Sold | $500,000 | $192 | Public Records |
Home Expenses
Tax History
| Year | Taxes | Land | Improvements | Assessment |
| 2017 | $6,930 (+20.38%) | $14,770 | $19,228 | $33,998 |
| 2016 | $6,331 (+19.05%) | $12,261 | $20,959 | $33,220 |
| 2015 | $5,927 (+18.58%) | $11,122 | $20,774 | $31,896 |
| 2014 | $4,231 (+16.9%) | $6,979 | $18,043 | $25,022 |
| 2013 | $4,004 (+16.96%) | $6,584 | $17,022 | $23,606 |
| 2012 | $3,727 | $10,733 | $12,873 | $23,606 |
Open Loans
Transaction History
Market Comparison
This home $710,000
Estimated Value
vs
Comparable Sales$1,286,579
AVG SALES Price
Comparable Listings $1,148,304
AVG LIST Price
Comparable Sales
The average sales price of homes similar to 62 Florence Ave is $1,286,579 ($511/sq.ft.)| Address | Sold Price | Sold Date | Price/sq ft | Sq.Ft. | Beds, Baths | Distance |
| 1927 E 19th St | $1,275,000 | 11/19/2018 | $506 | 2,520 sq.ft. | -- Bed, -- Bath | 1.7 mi away |
| 1657 E 19th St | $1,375,000 | 11/14/2018 | $550 | 2,500 sq.ft. | -- Bed, -- Bath | 2 mi away |
| 2631 Ocean Ave | $1,430,000 | 11/07/2018 | $580 | 2,464 sq.ft. | -- Bed, -- Bath | 1.4 mi away |
| 1771 E 21st St | $1,700,000 | 11/01/2018 | $687 | 2,475 sq.ft. | -- Bed, -- Bath | 1.9 mi away |
| 1959 E 12th St # 1 | $689,000 | 10/24/2018 | $278 | 2,478 sq.ft. | -- Bed, -- Bath | 1.9 mi away |
| 2015 E 24th St | $1,350,000 | 10/15/2018 | $511 | 2,640 sq.ft. | -- Bed, -- Bath | 1.4 mi away |
| 2218 Ocean Ave | $650,000 | 09/25/2018 | $259 | 2,512 sq.ft. | -- Bed, -- Bath | 1.8 mi away |
| 1737 E 24th St | $1,425,000 | 09/25/2018 | $594 | 2,400 sq.ft. | -- Bed, -- Bath | 1.7 mi away |
| 1601 E 29th St | $1,300,000 | 09/13/2018 | $509 | 2,552 sq.ft. | -- Bed, -- Bath | 1.7 mi away |
| 1606 Avenue V | $1,675,000 | 08/13/2018 | $633 | 2,646 sq.ft. | -- Bed, -- Bath | 1.6 mi away |
Comparable Listings
- 2280 E 29th St
- $1,088,000
- 5 Bd 2.5 Ba
- 2,700 SqFt
- 1927 E 18th St
- $1,199,000
- 3 Bd 1.5 Ba
- 2,468 SqFt
