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5516 Avenue M

Old Mill Basin, NY 11234

3 bd 3 ba 1,500 sqft Built 1925 Lot 1,440 sqft townhomes
Most recent sale
$350,000
Feb 17, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 12, 2024 Listing removed $629,000 OneKeyMLS
Aug 7, 2024 Listing removed $729,000 OneKeyMLS
Aug 8, 2023 Sold $655,000 OneKeyMLS
Jun 2, 2023 Price changed $679,000 OneKeyMLS
May 23, 2023 Price changed $690,000 OneKeyMLS
Apr 15, 2023 Listing removed $629,000 OneKeyMLS
Apr 10, 2023 Price changed $699,999 OneKeyMLS
Apr 6, 2023 Listed $724,999 OneKeyMLS
Apr 4, 2023 Listing removed $729,000 MyStateMLS
Feb 18, 2023 Listing removed $599,999 MyStateMLS
Jan 11, 2023 Listed $729,000 MyStateMLS
Oct 30, 2022 Relisted $599,999 MLS #11099887
Oct 7, 2022 Price changed $599,999 MLS #11099887
Aug 10, 2022 Listed $615,000 MLS #11099887
Jul 19, 2022 Price changed $629,000 MLS #3397476
Jun 14, 2022 Price changed $649,000 MLS #3397476
May 6, 2022 Listed $669,000 MLS #3397476
Feb 17, 2022 Sold $350,000 MLS #449246
Dec 28, 2021 Price changed $529,000 MLS #449246
Sep 21, 2021 Price changed $549,000 MLS #449246
Jul 27, 2021 Price changed $575,000 MLS #449246
May 4, 2021 Price changed $589,000 MLS #449246
Mar 23, 2021 Price changed $599,000 MLS #449246
Mar 16, 2021 Listed $650,000 MLS #449246
Oct 29, 2019 Listed $499,000 MLS #430031
Dec 12, 1999 Sold $170,000 MLS #49939
Oct 18, 1990 Sold $166,500 Public Record
Mar 9, 1987 Sold $165,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $30,660 $6,600 $37,260 $5,629
2024 $30,660 $6,600 $37,260 $5,441
2023 $26,640 $6,600 $33,240 $5,191
2022 $29,820 $6,600 $36,420 $5,102
2021 $26,040 $6,600 $32,640 $5,339
2020 $22,200 $6,600 $28,800 $5,066
2019 $20,160 $6,600 $26,760 $4,723
2018 $14,700 $6,600 $21,300 $4,456
2017 $15,196 $6,260 $21,456 $4,374
2016 $14,580 $6,600 $21,180 $4,234
2015 $13,281 $6,808 $20,089 $3,928
2014 $11,727 $7,225 $18,952 $3,631
2013 $10,560 $7,320 $17,880 $3,077
2012 $5,938 $12,573 $18,511 $3,076
2011 $7,054 $11,457 $18,511 $2,722
2010 $6,234 $11,314 $17,548 $2,593
2009 $6,234 $11,314 $17,548 $2,593
2007 $11,998 $3,428 $15,426 $2,380

Property facts

Year built
1925
Property type
townhomes
Stories
Beds
3
Baths
3
Living area
1,500 sqft
Lot size
1,440 sqft
ZIP code
11234
City
Old Mill Basin
Street
Avenue M
Coordinates
40.62147, -73.92176

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,100
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 5516 Avenue M last sell?
5516 Avenue M most recently sold on Feb 17, 2022 for $350,000.
What is the current tax assessment for 5516 Avenue M?
The most recent total assessment for 5516 Avenue M (year 2025) is $37,260 with $5,629 in property tax.
How does 5516 Avenue M's assessment compare to its last sale price?
The current assessment is 89.4% below the last sale price of $350,000.
When was 5516 Avenue M built?
5516 Avenue M was built in 1925.
How does 5516 Avenue M compare to others on Avenue M?
We do not currently track other properties on Avenue M.
What are the property facts for 5516 Avenue M?
5516 Avenue M is a 3 bed, 3 bath, 1,500 sqft, 1,440 sqft lot townhomes.
Is 5516 Avenue M a flip candidate?
Yes — 5516 Avenue M appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 5516 Avenue M a tax-appeal candidate?
No — 5516 Avenue M is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+2.8%
Implied 1-yr
+11.3%
2026 Q3
$1.02M
2026 Q4
$1.04M
ZIP 11234 — Median Price History + Forecast

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