NOT LISTED FOR SALE

718 Bushwick Ave Unit 4B Brooklyn, NY 11221

Bushwick Neighborhood

Estimated Value: $677,000 - $949,000

2 Beds
2 Baths
847 Sq Ft
$242/mo HOA Fee

Last Sold February 16, 2022

Last sale price $894,000 $1,055 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $5,589/month

11 Days on Market

Highlights

  • New Construction
  • Balcony
  • 5-minute walk to Central Avenue

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. The PH duplex apartment features 476sf of outdoor space laid out over a private roof deck and large balcony off the living room. Brand new gas outdoor kitchen and sink with views of downtown Manhattan. One of a kind! 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: 06/04/2021

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,044

Year Built

  • Built in 2019 | New Construction

Lot Details

  • 1,873

HOA Fees

  • $242 Monthly HOA Fees

Interior Spaces

  • 847 Sq Ft Home
  • 4-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Balcony

Community Details

  • 8 Units
  • Bushwick Subdivision

Listing and Financial Details

  • Tax Block 03225

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,044

Year Built

Built in 2019 | New Construction

Lot Details

0

HOA Fees

$242 per month

Listing Details

  • Cross Street: HART STREET and HART STREET
  • Exposures: South,West
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Bushwick
  • Entry Level: 4
  • ResoPropertyType: Residential
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Living Area: 847.0
  • Living Area Units: Square Feet
  • Rooms (Total): 4

Beds/Baths

  • Full Bathrooms: 2
  • Bathrooms Integer: 2
  • Bedrooms: 2

Exterior Features

  • Exterior Features: Balcony
  • Patio/Porch Features: Balcony

Garage/Parking

  • Garage: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 242.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

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

Tax Info

  • Tax Block: 03225
  • Tax Annual: 10044.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2021
Closed on
Feb 16, 2022
Sold by
718 Bushwick Ave Llc
Bought by
Kastelijn Orrin and Vits Leonie
Seller's Agent
Carlos Saavedra
Park Property Advisors
List Price
$899,000
Sold Price
$894,000
Premium/Discount to List
-$5,000
-0.56%
Current Estimated Value
$828,363

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$65,637
Avg. Annual Appreciation
-2.13%
Original Mortgage
$678,000
Outstanding Balance
$631,966
Interest Rate
3.55%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$196,397
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
Kastelijn Orrin $894,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kastelijn Orrin $678,000
Closed Kastelijn Orrin $4,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2022 04/29/22 Off Market $899,000 -- --
02/16/2022 02/16/22 Sold $894,000 -0.6% $1,055 / Sq Ft
06/16/2021 06/16/21 Pending -- -- --
06/04/2021 06/04/21 For Sale $899,000 -- $1,061 / 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 $10,417 $100,022 $10,195 $89,827
2024 $10,417 $83,324 $10,195 $73,129
2023 $12,622 $104,155 $10,195 $93,960
2022 $10,642 $95,200 $10,195 $85,005
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10865000

Real Estate Board of New York (REBNY)

APN: 03225-1008