NOT LISTED FOR SALE

2040 E 23rd St Brooklyn, NY 11229

Madison Neighborhood

Estimated Value: $1,007,000 - $1,373,000

3 Beds
2 Baths
1,484 Sq Ft
$751/Sq Ft Est. Value

Sale Details

Date Sold: January 9, 2023

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

Est. 19% increase in value since last sale

Current estimated payment $6,610 / mo

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

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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

2,000 Sq Ft Lot

Listing Details

  • Basement Amenities: Finished, Full
  • Total Bathrooms: 2.00
  • Baths Total Level2: 1.00
  • Borough: Brooklyn
  • 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
  • Fill Sq Ft Total: 1484
  • Building Stories: 2
  • Street Name I D X: 23rd
  • 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

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2022
Closed on
Feb 16, 2023
Sold by
Bought by
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
$1,114,441

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$179,441
Avg. Annual Appreciation
5.04%
Original Mortgage
$535,000
Outstanding Balance
$512,188
Interest Rate
6.33%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$602,253

Purchase Details

Listed on
Nov 1, 2022
Closed on
Jan 9, 2023
Sold by
Bought by
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
$512,188
Interest Rate
6.33%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$602,253
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Madison, NY

  • Mitchell Feldman Real Estate Agent

    Mitchell Feldman

    (855) 629-2561

    101 Total Sales

    2 in Madison

    $215K - $730K Price Range

    Mitchell Feldman
     Section Image
  • Vincent Geraldi Real Estate Agent - Coldwell Banker Advantage

    Vincent Geraldi

    Coldwell Banker Advantage

    (646) 502-6217

    17 Total Sales

    1 in Madison

    $748,000 Price

    Vincent Geraldi
     Section Image
  • Igor Yakubinskiy Real Estate Agent - Century 21 Homefront Realty

    Igor Yakubinskiy

    Century 21 Homefront Realty

    (929) 543-5528

    25 Total Sales

    1 in Madison

    $650,000 Price

    Igor Yakubinskiy
     Section Image
  • Joseph DeVito Real Estate Agent - BHHS Fillmore R.E.

    Joseph DeVito

    BHHS Fillmore R.E.

    (877) 719-3170

    43 Total Sales

    2 in Madison

    $230K - $848K Price Range

    Joseph DeVito
     Section Image
  • Thomas Dalcamo Real Estate Agent - Real Broker NY LLC

    Thomas Dalcamo

    Real Broker NY LLC

    (551) 203-9501

    43 Total Sales

    1 in Madison

    $769,000 Price

    Thomas Dalcamo
     Section Image
  • Danny Chung Real Estate Agent

    Danny Chung

    Responds Quickly

    (866) 968-7198

    96 Total Sales

    5 in Madison

    $235K - $882K Price Range

    Danny Chung
     Section Image
See All Agents

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- --
$935,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $8,356 $65,280 $11,100 $54,180
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
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 Real Estate Agent - Momentum Real Estate LLC

    Seller's Agent in 2023

    Ronald Chui

    Momentum Real Estate LLC

    (646) 210-2768

    2 in this area

    118 Total Sales

    Ronald Chui
    Section Image
  • Mandy (Meijuan) Jiang Real Estate Agent - E House Realty & Mgt. Inc.

    Seller Co-Listing Agent in 2023

    Mandy (Meijuan) Jiang

    E House Realty & Mgt. Inc.

    (646) 706-1481

    1 in this area

    29 Total Sales

    Mandy (Meijuan) Jiang
    Section Image

  • J

    Buyer's Agent in 2023

    Jimmy Lu

    RE/MAX

    (929) 238-8888

    23 in this area

    80 Total Sales

    Jimmy Lu
    Section Image
See All Agents

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

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.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.