NOT LISTED FOR SALE

2509 Avenue U Brooklyn, NY 11229

Madison Neighborhood

Estimated Value: $1,555,677

-- Bed
-- Bath
3,080 Sq Ft
$505/Sq Ft Est. Value

Last Sold July 21, 2022

Last sale price $1,600,000 $519 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $10,833/month

Highlights

  • Handicap Accessible
  • Heating System Uses Steam
  • 5-minute walk to Galapo playground

About This Home

As of July 2022

Sheepshead Bay: Custom built professional office building with 2 residential apartments. The 1st floor is approximately 1,900 square feet with 3 private offices, 2 conference rooms, reception area and a large work space. Down to the lower level with 5 rooms including 2 private offices, conference room, kitchen and a large storage room is all set to go! Call today to discuss the possibilities!

Last Agent to Sell the Property

Charles D'alessandro

MadisonEstates Sothebys Realty Listed on: 11/17/2021

MadisonEstates Sothebys Realty

Last Buyer's Agent

Charles D'alessandro

MadisonEstates Sothebys Realty Listed on: 11/17/2021

MadisonEstates Sothebys Realty

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $22,714

Year Built

  • Built in 1925

Lot Details

  • 2,000 Sq Ft Lot
  • Lot Dimensions are 20 x 100
  • Property is zoned R4

Home Design

  • Mixed Use
  • Flat Roof Shape
  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 3,080 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Accessible Home Design

  • Handicap Accessible

Utilities

  • Heating System Uses Steam
  • Heating System Uses Gas
  • 220 Volts
  • Gas Water Heater

Community Details

  • 2 Units
  • 2 Vacant Units

Listing and Financial Details

  • Tax Block 7330

Property Details

Property Type

Other

Est. Annual Taxes

$22,714

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Basement Amenities: Full
  • Borough: Brooklyn
  • Building Footprint Sq Ft: 1900
  • Building Length: 95.00
  • Building Width: 20.00
  • Commercial Condo Y N: No
  • Commercial Features Exterior: Sign - Building
  • Commercial Features Interior: Kitchen
  • Confirmed By M L S Y N: Yes
  • Cross Street: Bedford Avenue
  • Cross Street Name2: East 26th Street
  • Handicap Access Y N U: Yes
  • Heat Delivery: Steam/Radiator
  • Negotiate Thru: Broker
  • Number Of Available Units: 2
  • Number Of Families: 2
  • Parking Attributes: None
  • Parking Feature Single: None
  • Property Sub Type: Mixed Use
  • Prop. Type: Mixed Use
  • Fill Sq Ft Total: 3080
  • Building Stories: 2
  • Street Name I D X: Avenue U
  • Street Number I D X: 2509
  • Waterfront Present: No
  • Year Built: 1925
  • Special Features: None
  • Stories: 2

Interior Features

  • Flooring: Other
  • Lot Sq Ft: 2000

Exterior Features

  • Yard: Other
  • Exterior Building Type: Attached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Slab Concrete
  • Lot Number: 52
  • Roof: Flat

Utilities

  • Air Conditioning Units: 0
  • Electric: 220 V, Circuit Breakers
  • Heating Fuel: Gas
  • Hot Water: Gas

Lot Info

  • Lot Dimensions: 20 x 100
  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 20
  • Zoning: R4

Tax Info

  • Flip Tax Amount: 22714.00

Multi Family

  • Unit Count: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 17, 2021
Closed on
Jul 21, 2022
Sold by
Esquire Realty Corp
Bought by
Ef Richardson Properties Llc
Seller's Agent
Charles D'alessandro
MadisonEstates Sothebys Realty
Buyer's Agent
Charles D'alessandro
MadisonEstates Sothebys Realty
Sold Price
$1,600,000
Current Estimated Value
$1,555,677

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$44,323
Avg. Annual Appreciation
1.01%
Original Mortgage
$1,360,000
Outstanding Balance
$1,305,558
Interest Rate
5.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$344,532
Source: Public Records

Range of Values:

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Average Value
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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
Ef Richardson Properties Llc $1,600,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ef Richardson Properties Llc $1,360,000
Previous Owner Esquire Realty Corp $519,574
Previous Owner Esquire Realty Corp $500,000
Previous Owner Esquire Realty Corp $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/21/2022 07/21/22 Sold $1,600,000 -- $519 / Sq Ft
11/17/2021 11/17/21 Pending -- -- --
Source: Brooklyn Board of REALTORS®

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 $27,788 $275,400 $67,500 $207,900
2024 $27,788 $262,350 $67,500 $194,850
2023 $28,131 $292,950 $67,500 $225,450
2022 $27,480 $274,050 $67,500 $206,550
2021 $22,714 $212,400 $67,500 $144,900
2020 $22,714 $273,600 $67,500 $206,100
2019 $25,303 $268,200 $67,500 $200,700
2018 $23,997 $249,300 $67,500 $181,800
2017 $23,089 $248,400 $67,500 $180,900
2016 $23,335 $221,400 $67,500 $153,900
2015 $11,220 $216,000 $67,500 $148,500
2014 $11,220 $206,100 $31,950 $174,150
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2022

    Charles D'alessandro

    MadisonEstates Sothebys Realty

    (646) 921-2241

    2 in this area

    69 Total Sales

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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 457256

Brooklyn Board of REALTORS®

APN: 07330-0052

New York Kings County Brooklyn 11229 Madison

2509 Avenue U, Brooklyn, NY

This home is located at 2509 Avenue U, Brooklyn, NY 11229 since 17 November 2021 and is currently estimated at $1,555,677, approximately $505 per square foot. This property was built in 1925. 2509 Avenue U is a home located in Kings County with nearby schools including P.S. 255 Barbara Reing School, Jhs 14 Shell Bank, and St. Edmund Elementary School.

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.

Brooklyn Board of REALTORS® The property information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the participating Brokers.

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