Seller's Agent in 2020
Melanie Kishk
Century 21 MK Realty
(718) 415-8800
6 in this area
77 Total Sales
2703 Avenue U Brooklyn, NY 11229
Madison NeighborhoodEstimated Value: $1,306,653
--
Bed
--
Bath
2,470
Sq Ft
$529/Sq Ft
Est. Value
About This Home
As of June 2020This building totals 2,470 SF, with 1st Floor Retail - Storefront + the basement used by commercial tenant, and 2 Spacious Two BDR Residential units. Retail space is renovated and currently being used as a hair salon and can be delivered vacant. The hair salon currently pays 50% of the water bill. The two residential units are currently vacant and in need of some work. The property has four meters, one for the store, one for each apartment, and one for the common areas. Each location has its own boiler for heating and hot water. The property is located on a busy commercial avenue in Prime Homecrest / Sheepshead Bay area of South Brooklyn close to all the public transportation, shopping, schools, parks, restaurants and places of worship. This property comes with significant rental upside. It is an excellent choice for the owner-user or savvy investor.
Property Details
Property Type
- Other
Est. Annual Taxes
- $4,900
Year Built
- Built in 1928
Lot Details
- 1,900 Sq Ft Lot
- Lot Dimensions are 100 x 19
- Property is zoned R4
Home Design
- Mixed Use
Interior Spaces
- 2,470 Sq Ft Home
- 2-Story Property
- Unfinished Basement
Utilities
- Heating System Uses Steam
- Heating System Uses Gas
Community Details
- 2 Units
Listing and Financial Details
- Tax Block 7332
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 30, 2020
Closed on
Jun 26, 2020
Sold by
Russo John Anthony and Russo Joseph
Bought by
Lucky Fish Realty Llc
Seller's Agent
Melanie Kishk
Century 21 MK Realty
Buyer's Agent
Jack Kishk
Century 21 MK Realty
Sold Price
$1,240,000
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,653
Avg. Annual Appreciation
1.47%
Original Mortgage
$740,000
Outstanding Balance
$660,283
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$676,416
Purchase Details
Closed on
Jul 30, 2009
Sold by
Russo Anthony
Bought by
Russo John Anthony
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lucky Fish Realty Llc | $1,240,000 | -- | |
| Russo John Anthony | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lucky Fish Realty Llc | $740,000 | |
| Previous Owner | Russo John Anthony | $225,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/26/2020 06/26/20 | Sold | $1,240,000 | +35328.6% | $502 / Sq Ft |
| 01/30/2020 01/30/20 | Pending | -- | -- | -- |
| 12/19/2018 12/19/18 | Rented | $3,500 | 0.0% | -- |
| 11/03/2018 11/03/18 | Under Contract | -- | -- | -- |
| 11/03/2018 11/03/18 | For Rent | $3,500 | -- | -- |
Source: Brooklyn Board of REALTORS®
Tax History Compared to Growth
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 | $5,580 | $70,260 | $10,620 | $59,640 |
| 2024 | $5,580 | $64,800 | $10,620 | $54,180 |
| 2023 | $5,323 | $65,220 | $10,620 | $54,600 |
| 2022 | $4,685 | $60,120 | $10,620 | $49,500 |
| 2021 | $4,881 | $52,860 | $10,620 | $42,240 |
| 2020 | $3,703 | $34,500 | $10,620 | $23,880 |
| 2019 | $4,843 | $30,000 | $10,620 | $19,380 |
| 2018 | $4,452 | $21,842 | $9,271 | $12,571 |
| 2017 | $4,201 | $20,606 | $9,376 | $11,230 |
| 2016 | $3,886 | $19,440 | $10,620 | $8,820 |
| 2015 | $2,869 | $19,440 | $10,620 | $8,820 |
| 2014 | $2,869 | $19,440 | $10,620 | $8,820 |
Source: Public Records
Agents Affiliated with this Home
-
Melanie Kishk
-
Jack Kishk
Buyer's Agent in 2020
Jack Kishk
Century 21 MK Realty
(917) 288-4001
24 Total Sales
-
May Lan
Seller Co-Listing Agent in 2018
May Lan
RE/MAX Edge
(718) 288-3835
3 in this area
96 Total Sales
Map
Source: Brooklyn Board of REALTORS®
MLS Number: 436338
APN: 07332-0054
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