NOT LISTED FOR SALE
4 Beds
-- Bath
3,040 Sq Ft
1,742 Sq Ft Lot

About This Home

Presenting a prime investment opportunity in the heart of Brighton Beach, 702 Banner Avenue is a well-positioned corner mixed-use building offering both immediate income potential and long-term value. The property spans approximately 3,040 square feet across three levels and sits on a 1,752 square foot lot. The lower and first floors are currently built out as a daycare facility, making this an ideal acquisition for an owner-operator in the childcare sector. The second floor features a spacious four-bedroom apartment, adding valuable residential income to the asset. This versatile property includes a private backyard and benefits from excellent accessibility, located just moments from the Belt Parkway and major public transportation options. Whether for continued use as a daycare or as a repositioning opportunity, this building is well-suited for both investors and end-users seeking a corner-lot asset in a growing neighborhood.

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/16/2025 10/16/25 Price Changed $1,995,000 -13.2% $656 / Sq Ft
07/02/2025 07/02/25 For Sale $2,299,000 -- $756 / Sq Ft

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 $13,932 $322,650 $61,650 $261,000
2024 $13,932 $288,900 $61,650 $227,250
2023 $12,639 $267,750 $61,650 $206,100
2022 $11,646 $307,800 $61,650 $246,150
2021 $10,792 $246,150 $61,650 $184,500
2019 $10,742 $258,750 $61,650 $197,100
2018 $9,546 $81,039 $15,974 $65,065
2017 $9,327 $75,052 $17,194 $57,858
Source: Public Records

Agents Affiliated with this Home

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