NOT LISTED FOR SALE

2040 E 23rd St Brooklyn, NY 11229

Madison Neighborhood

Estimated Value: $1,047,000 - $1,458,000

3 Beds
2 Baths
1,484 Sq Ft
$810/Sq Ft Est. Value

Last Sold January 09, 2023

Last sale price $935,000 $630 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $7,638/month

Highlights

  • Wood Flooring
  • Heating System Uses Steam
  • Back and Front Yard
  • Multiple cooling system units

About This Home

As of January 2023

An amazing opportunity to own a lovely detached 1 family brick home located in one of Brooklyn's hottest areas - Homecrest/Sheepshead Bay! Situated on quiet and tree-lined East 23 St and Busy Ave U. Welcomed by a sun-drenched Formal Living Room with hardwood floors throughout. This sunny home offers 2 baths, a separate kitchen, a formal dining room, 3 good size bedrooms and plenty of storage areas. It was maintained down to the smallest details with nothing overlooked. This highly convenient and desirable location is near public transportation, shopping, as well as the busy Ave U commercials.

Last Agent to Sell the Property

Ronald Chui

Momentum Real Estate LLC Listed on: 11/01/2022

Co-Listed By

Mandy (Meijuan) Jiang

E House Realty & Mgt. Inc.

Last Buyer's Agent

Jimmy Lu

RE/MAX Edge

RE/MAX Edge

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,558

Year Built

  • Built in 1920

Lot Details

  • 2,000 Sq Ft Lot
  • Lot Dimensions are 100 x 20
  • Back and Front Yard
  • Property is zoned R4

Home Design

  • Brick Exterior Construction
  • Poured Concrete
  • Pitched Roof

Interior Spaces

  • 1,484 Sq Ft Home
  • 2-Story Property
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Stove
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Parking Spaces
  • Shared Driveway

Utilities

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

Listing and Financial Details

  • Tax Block 7327

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,558

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Basement Amenities: Finished, Full
  • Total Bathrooms: 2.00
  • Baths Total Level2: 1.00
  • Beds Total Level2: 3
  • Borough: Brooklyn
  • Building Footprint Sq Ft: 812
  • Building Length: 58.00
  • Building Width: 14.00
  • Co List Office Mls Id: 117770
  • Co List Office Phone: (718) 382-0001
  • Confirmed By M L S Y N: Yes
  • Cross Street: Ave U
  • Cross Street Name2: Ave T
  • Handicap Access Y N U: No
  • Heat Delivery: Steam/Radiator
  • Negotiate Thru: Broker
  • Number Of Families: 1
  • Parking Attributes: 2 Spaces
  • Parking Feature Single: Shared Drive
  • Property Sub Type: Single Family
  • Prop. Type: Residential
  • Residential Features: A/C Unit, Dishwasher, Refrigerator, Stove
  • Rooms Total Level1: 3
  • Rooms Total Level2: 3
  • Fill Sq Ft Total: 1484
  • Building Stories: 2
  • Street Name I D X: 23rd
  • Street Number I D X: 2040
  • Building Style: Duplex
  • Year Built: 1920
  • Special Features: None
  • Stories: 2

Interior Features

  • Basement Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Carpeting, Hardwood
  • Lot Sq Ft: 2000
  • Room Count: 8
  • Total Rooms: 6

Exterior Features

  • Yard: Back, Front
  • Exterior Building Type: Detached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Poured Concrete
  • Lot Number: 23
  • Roof: Pitched

Utilities

  • Air Conditioning Units: 5+
  • Electric: 110 V, 220 V
  • Heating Fuel: Gas
  • Hot Water: Gas

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 20
  • Zoning: R4

Tax Info

  • Flip Tax Amount: 6558.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2022
Closed on
Feb 16, 2023
Sold by
Zheng Ri Mei
Bought by
Zhang Longfeng and Zheng Ri Mei
Seller's Agent
Ronald Chui
Momentum Real Estate LLC
Buyer's Agent
Jimmy Lu
RE/MAX Edge
List Price
$925,000
Sold Price
$935,000
Premium/Discount to List
$10,000
1.08%
Current Estimated Value
$1,272,824

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$337,824
Avg. Annual Appreciation
11.08%
Original Mortgage
$535,000
Outstanding Balance
$519,381
Interest Rate
6.33%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$706,907

Purchase Details

Listed on
Nov 1, 2022
Closed on
Jan 9, 2023
Sold by
Tuosto August Andrew
Bought by
Zheng Ri Mei
Seller's Agent
Ronald Chui
Momentum Real Estate LLC
Buyer's Agent
Jimmy Lu
RE/MAX Edge
List Price
$925,000
Sold Price
$935,000
Premium/Discount to List
$10,000
1.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$535,000
Outstanding Balance
$519,381
Interest Rate
6.33%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$706,907
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
Zhang Longfeng -- --
Zheng Ri Mei $935,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zheng Ri Mei $535,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/09/2023 01/09/23 Sold $935,000 +1.1% $630 / Sq Ft
11/01/2022 11/01/22 Pending -- -- --
11/01/2022 11/01/22 For Sale $925,000 -- $623 / 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 $8,040 $60,180 $11,100 $49,080
2024 $8,040 $70,800 $11,100 $59,700
2023 $7,670 $77,220 $11,100 $66,120
2022 $6,355 $68,880 $11,100 $57,780
2021 $6,558 $56,940 $11,100 $45,840
2020 $4,948 $52,860 $11,100 $41,760
2019 $6,083 $52,860 $11,100 $41,760
2018 $5,531 $31,472 $8,613 $22,859
2017 $5,400 $29,692 $9,109 $20,583
2016 $5,276 $29,692 $9,471 $20,221
2015 -- $28,891 $9,491 $19,400
2014 -- $27,800 $10,960 $16,840
Source: Public Records

Agents Affiliated with this Home

  • Ronald Chui

    Seller's Agent in 2023

    Ronald Chui

    Momentum Real Estate LLC

    (646) 210-2768

    2 in this area

    95 Total Sales

    Section Image
  • Mandy (Meijuan) Jiang

    Seller Co-Listing Agent in 2023

    Mandy (Meijuan) Jiang

    E House Realty & Mgt. Inc.

    (646) 706-1481

    1 in this area

    19 Total Sales

    Section Image

  • J

    Buyer's Agent in 2023

    Jimmy Lu

    RE/MAX

    (929) 238-8888

    20 in this area

    50 Total Sales

    Section Image
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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 468783

Brooklyn Board of REALTORS®

APN: 07327-0023

New York Kings County Brooklyn 11229 Madison

2040 E 23rd St, Brooklyn, NY

This home is located at 2040 E 23rd St, Brooklyn, NY 11229 since 01 November 2022 and is currently estimated at $1,202,347, approximately $810 per square foot. This property was built in 1920. 2040 E 23rd St is a home located in Kings County with nearby schools including P.S. 255 Barbara Reing School, Jhs 14 Shell Bank, and St. Edmund Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Brooklyn Board of REALTORS® The property information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the participating Brokers.

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