NOT LISTED FOR SALE

718 Bushwick Ave Unit 1B Brooklyn, NY 11221

Bushwick Neighborhood

Estimated Value: $700,000 - $865,000

-- Bed
1.5 Baths
1,063 Sq Ft
$284/mo HOA Fee

Last Sold February 22, 2022

Last sale price $685,000 $644 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $5,629/month

Highlights

  • New Construction
  • 5-minute walk to Central Avenue
  • Property is in excellent condition
  • Patio
  • West Facing Home

About This Home

As of February 2022

A new ground up condominium by E C K S T R M N Y C. Beautifully designed and built, the eight residences at 718 Bushwick Avenue stand out in a class of their own, all featuring 10.5ft high ceilings, floor to ceiling windows, 10 inch wide white oak floors, custom cabinetry throughout, terrazzo tile bathrooms with Porcelanosa and Vigo fixtures. Ceiling concealed Mitsubishi heating and cooling mini split units. Windowed kitchens with quartz countertops and Fisher & Paykel appliances including dishwashers, full size ovens, gas ranges, bottom freezer fridges and garbage disposals. Every apartment has a Fisher & Paykel Washer-Dryer in the unit. Most apartments have large private balconies, two exposures and all enjoy excellent light and air. Residents have use of a shared roof deck with unobstructed views of Brooklyn that go as far as downtown Manhattan. Residence 1B is a smartly laid out studio with large floor to ceiling windows with a private terrace and a finished cellar. Facing quiet Hart Street, the comfortable studio and eat in kitchen has plenty of storage space in its mid century modern inspired custom cabinetry. Steps away from two major subway stops, restaurants, coffee shops, bars, music venues and the multiple studios that have made Bushwick the new hub for culture and creativity in New York City. All renderings are for illustrative purposes only. The complete offering terms for 718 Bushwick Avenue are in an offering plan available from the sponsor. File No. CD20-0219. Sponsor: Eckstrom Bushwick LLC, 77 Sands Street, Brooklyn, NY 11201

Last Agent to Sell the Property

Carlos Saavedra

Park Property Advisors License #10311205130 Listed on: 10/05/2021

Co-Listed By

Bryan Lynch

Park Property Advisors License #10401258158

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,784

Year Built

  • Built in 2019 | New Construction

Lot Details

  • West Facing Home
  • Property is in excellent condition

HOA Fees

  • $284 Monthly HOA Fees

Interior Spaces

  • 1,063 Sq Ft Home
  • 4-Story Property

Outdoor Features

  • Patio

Community Details

  • 8 Units
  • Bushwick Subdivision

Listing and Financial Details

  • Tax Block 03225

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,784

Year Built

Built in 2019 | New Construction

Lot Details

0

HOA Fees

$284 per month

Listing Details

  • Cross Street: HART STREET and HART STREET
  • Exposures: West
  • Delivered Vacant: Yes
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Bushwick
  • ResoPropertyType: Residential
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Appliances: Washer Dryer
  • Living Area: 1063.0
  • Living Area Units: Square Feet
  • Floor Number: 1

Beds/Baths

  • Bathrooms Total: 1.5
  • Full Bathrooms: 1
  • Half Bathrooms: 1

Exterior Features

  • Patio/Porch Features: Patio
  • Property Condition: Excellent

Garage/Parking

  • Garage: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 284.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: Yes
  • New Development: Yes
  • Units: 8
  • Total Stories: 4
  • Year Built: 2019

Tax Info

  • Tax Block: 03225
  • Building Tax Lot: 0018
  • Tax Annual: 11784.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2021
Closed on
Feb 22, 2022
Sold by
718 Bushwick Ave Llc
Bought by
Therin Clemence
Seller's Agent
Carlos Saavedra
Park Property Advisors
List Price
$699,000
Sold Price
$685,000
Premium/Discount to List
-$14,000
-2%
Current Estimated Value
$795,638

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,638
Avg. Annual Appreciation
4.36%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Therin Clemence $685,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/22/2022 02/22/22 Sold $685,000 -2.0% $644 / Sq Ft
10/06/2021 10/06/21 Pending -- -- --
10/05/2021 10/05/21 For Sale $699,000 -- $658 / Sq Ft
Source: Real Estate Board of New York (REBNY)

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 $12,227 $117,397 $11,966 $105,431
2024 $12,227 $97,799 $11,966 $85,833
2023 $14,814 $122,248 $11,966 $110,282
2022 $12,490 $111,737 $11,966 $99,771
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10864978

Real Estate Board of New York (REBNY)

APN: 03225-1002