NOT LISTED FOR SALE

2702 Avenue W Brooklyn, NY 11229

Sheepshead Bay Neighborhood

Estimated Value: $989,646 - $1,104,000

5 Beds
2 Baths
2,121 Sq Ft
$501/Sq Ft Est. Value

Last Sold March 17, 2023

Last sale price $998,000 $471 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $6,349/month

Highlights

  • Deck
  • Wood Flooring
  • Hot Water Heating System
  • Ps 206 Joseph F Lamb Rated A-
  • Multiple cooling system units
  • Private Driveway

About This Home

As of March 2023

Welcome to this amazing Solid Brick 2-family corner house located in a prime area of the Sheepshead Bay neighborhood. The first floor features a spacious and bright living room, 2 bedrooms, 1 bathroom, a beautiful kitchen, and a dining room. The Second floor also features a spacious and bright living room, 3 bedrooms, 1 bathroom, a kitchen, and a dining room as well as a laundry room. There is an entrance that leads to a beautiful porch in the backyard. The property includes an attached garage with 2 private driveways at the front and side with parking space available for 5 cars. There is a storage room behind the garage. The whole house is very well-maintained and ready for move-in. Building size 23*54 over lot size 27*100. Annual property tax is $8225. 2 separate gas boilers and water heaters. A short distance away from supermarkets, restaurants, pharmacies, and gyms. Convenient to all. Access to transits B/Q Train, B36, B44 buses.

Last Agent to Sell the Property

Kelly Wu

RE/MAX Edge License #10401268467 Listed on: 11/17/2022

RE/MAX Edge

Last Buyer's Agent

Kelly Wu

RE/MAX Edge License #10401268467 Listed on: 11/17/2022

RE/MAX Edge

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,225

Year Built

  • Built in 1950

Lot Details

  • 2,700 Sq Ft Lot
  • Lot Dimensions are 100 x 27
  • Back Yard

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Roof

Interior Spaces

  • 2,121 Sq Ft Home
  • 2-Story Property
  • Finished Basement
  • Walk-Out Basement
  • Stove

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 5 Car Garage
  • Garage Door Opener
  • Private Driveway

Outdoor Features

  • Deck

Utilities

  • Multiple cooling system units
  • Hot Water Heating System
  • Heating System Uses Gas
  • 110 Volts
  • Gas Water Heater

Listing and Financial Details

  • Tax Block 7405

Community Details

Overview

  • 2 Units

Amenities

  • Laundry Facilities
  • Community Storage Space

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,225

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Basement Amenities: Finished, Walk-in
  • Baths Total Level1: 1.00
  • Baths Total Level2: 1.00
  • Borough: Brooklyn
  • Building Length: 54.00
  • Building Width: 23.00
  • Confirmed By M L S Y N: Yes
  • Cross Street: East 27th St
  • Cross Street Name2: Avenue X
  • Handicap Access Y N U: Unknown
  • Heat Delivery: Hot Water
  • Negotiate Thru: Broker
  • Number Of Families: 2
  • Parking Attributes: 5 Spaces
  • Parking Feature Single: Private Drive
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: A/C Unit - Wall, Deck, Dryer, Garage Door Opener(s), Laundry Area, Refrigerator, Stove, Washer
  • Fill Sq Ft Total: 2121
  • Building Stories: 2
  • Street Name I D X: Avenue W
  • Year Built: 1950
  • Special Features: None
  • Stories: 2

Interior Features

  • Basement Full Bathrooms: 2
  • Total Bedrooms: 5
  • Flooring: Hardwood, Tile
  • Lot Sq Ft: 2700

Exterior Features

  • Yard: Back
  • Exterior Building Type: Semi-Detached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Poured Concrete
  • Lot Number: 701
  • Roof: Asphalt/Tar, Flat

Utilities

  • Air Conditioning Units: 3
  • Electric: 110 V
  • Heating Fuel: Gas
  • Hot Water: Gas

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 27
  • Zoning: R4

Tax Info

  • Flip Tax Amount: 8225.00

Multi Family

  • Unit Count: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 17, 2022
Closed on
Mar 17, 2023
Sold by
Fenton Janice and Fenton Richard E
Bought by
Chen Xiu Qing Mo and He Yue Hong
Seller's Agent
Kelly Wu
RE/MAX Edge
Buyer's Agent
Kelly Wu
RE/MAX Edge
List Price
$1,150,000
Sold Price
$998,000
Premium/Discount to List
-$152,000
-13.22%
Current Estimated Value
$1,062,912

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,912
Avg. Annual Appreciation
2.43%
Original Mortgage
$598,800
Outstanding Balance
$579,967
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$482,945

Purchase Details

Closed on
Nov 18, 2004
Sold by
Burdi James F and Hennessy Mary Jo
Bought by
Fenton Janice and Fenton Richard E

Purchase Details

Closed on
Dec 10, 1996
Sold by
Lanzillotto Rocco
Bought by
Lanzillotto Nicholas and Hennessy Mary Jo
Source: Public Records

Range of Values:

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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
Chen Xiu Qing Mo $998,000 --
Chen Xiu Qing Mo $998,000 --
Fenton Janice $435,000 --
Fenton Janice $435,000 --
Lanzillotto Nicholas -- --
Lanzillotto Nicholas -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Xiu Qing Mo $598,800
Closed Chen Xiu Qing Mo $598,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/17/2023 03/17/23 Sold $998,000 -13.2% $471 / Sq Ft
11/17/2022 11/17/22 Pending -- -- --
11/17/2022 11/17/22 For Sale $1,150,000 -- $542 / Sq Ft
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 $9,298 $55,320 $13,020 $42,300
2024 $9,298 $57,840 $13,020 $44,820
2023 $8,870 $65,520 $13,020 $52,500
2022 $4,113 $62,400 $13,020 $49,380
2021 $8,622 $52,080 $13,020 $39,060
2020 $8,656 $54,720 $13,020 $41,700
2019 $8,070 $53,640 $13,020 $40,620
2018 $7,419 $36,396 $9,860 $26,536
2017 $7,000 $34,338 $8,988 $25,350
2016 $6,864 $34,338 $9,627 $24,711
2015 $3,907 $34,077 $13,485 $20,592
2014 $3,907 $32,149 $12,722 $19,427
Source: Public Records

Agents Affiliated with this Home

  • Kelly Wu

    Seller's Agent in 2023

    Kelly Wu

    RE/MAX Edge

    (917) 345-6368

    45 in this area

    213 Total Sales

    Kelly Wu
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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 469076

Brooklyn Board of REALTORS®

APN: 07405-0701

New York Kings County Brooklyn 11229 Sheepshead Bay

2702 Avenue W, Brooklyn, NY

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