NOT LISTED FOR SALE

55 Wythe Ave Brooklyn, NY 11249

Williamsburg Neighborhood

Estimated Value: $178,561,744

-- Bed
-- Bath
185,141 Sq Ft
$964/Sq Ft Est. Value

About This Home

This home is located at 55 Wythe Ave, Brooklyn, NY 11249 and is currently estimated at $178,561,744, approximately $964 per square foot. 55 Wythe Ave is a home located in Kings County with nearby schools including P.S. 34 Oliver H Perry, Northside Charter High School, and Yeshiva Bnos Ahavas Israel.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 18, 2024
Sold by
Wythe Berry Fee Owner Llc
Bought by
William Vale Owner Llc
Current Estimated Value
$178,561,744

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,780,784
Outstanding Balance
$105,254,950
Interest Rate
7.02%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$73,074,234

Purchase Details

Closed on
Feb 28, 2017
Sold by
Wythe Berry Llc
Bought by
Wythe Berry Fee Owner Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,320,000
Interest Rate
4.09%
Mortgage Type
Commercial

Purchase Details

Closed on
May 4, 2014
Sold by
94 North Llc
Bought by
Wythe Berry Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,800,000
Interest Rate
4.21%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 29, 2007
Sold by
Kaufman Joseph
Bought by
94 North Llc

Range of Values:

Collateral Analytics

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ICE

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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
William Vale Owner Llc $176,440,000 --
William Vale Owner Llc $176,440,000 --
Wythe Berry Fee Owner Llc -- --
Wythe Berry Fee Owner Llc -- --
Wythe Berry Llc $10,000,000 --
Wythe Berry Llc $10,000,000 --
94 North Llc -- --
94 North Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open William Vale Owner Llc $105,780,784
Closed William Vale Owner Llc $5,130,639
Closed William Vale Owner Llc $4,228,575
Closed William Vale Owner Llc $105,780,784
Previous Owner Wythe Berry Fee Owner Llc $70,320,000
Previous Owner Wythe Berry Llc $9,804,746
Previous Owner Wythe Berry Llc $5,195,254
Previous Owner Wythe Berry Llc $17,236,000
Previous Owner Wythe Berry Llc $1,934,000
Previous Owner Wythe Berry Llc $4,936,184
Previous Owner Wythe Berry Llc $38,543,816
Previous Owner Wythe Berry Llc $1,800,000
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
2024 $2,019,762 $21,412,350 $900,000 $20,512,350
2023 $231,217 $18,886,050 $900,000 $17,986,050
2022 $156,604 $17,959,500 $900,000 $17,059,500
2021 $124,061 $16,983,900 $900,000 $16,083,900
2020 $213,472 $20,101,950 $900,000 $19,201,950
2019 $261,153 $19,130,850 $900,000 $18,230,850
2018 $2,209,990 $21,110,400 $900,000 $20,210,400
2017 $1,829,404 $17,581,500 $900,000 $16,681,500
2016 $444,867 $4,469,974 $900,000 $3,569,974
2015 $20,129 $900,000 $900,000 $0
2014 $20,129 $481,050 $202,500 $278,550
Source: Public Records

Map

New York Kings County Brooklyn 11249 Williamsburg

55 Wythe Ave, Brooklyn, NY

Homes for Sale in Brooklyn, NY

This home is located at 55 Wythe Ave, Brooklyn, NY 11249 and is currently estimated at $178,561,744, approximately $964 per square foot. 55 Wythe Ave is a home located in Kings County with nearby schools including P.S. 34 Oliver H Perry, Northside Charter High School, and Yeshiva Bnos Ahavas Israel.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.