NOT LISTED FOR SALE

2040 E 23rd St Brooklyn, NY 11229

Madison Neighborhood

Estimated Value: $1,114,441

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 $6,988 / 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
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Average Value
Not Available
List Price
Sold Price
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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
Zheng Ri Mei
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
4.86%
Original Mortgage
$535,000
Outstanding Balance
$510,944
Interest Rate
6.33%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$603,497

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
$510,944
Interest Rate
6.33%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$603,497
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

  • Dazhi Simon Su Real Estate Agent - Re/Max Edge

    Dazhi Simon Su

    Re/Max Edge

    (646) 718-5880

    68 Total Sales

    1 in Madison

    $1,850,000 Price

    Dazhi Simon Su
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  • Madeline Caudiano Real Estate Agent - RE/MAX Elite

    Madeline Caudiano

    RE/MAX Elite

    (844) 643-0562

    40 Total Sales

    2 in Madison

    $970K - $1.2M Price Range

    Madeline Caudiano
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  • Brian Cutrone Real Estate Agent - Exit Realty Achieve

    Brian Cutrone

    Exit Realty Achieve

    (855) 616-1277

    30 Total Sales

    1 in Madison

    $755,000 Price

    Brian Cutrone
     Section Image
  • Colleen Brady Real Estate Agent - Rockaway Properties

    Colleen Brady

    Rockaway Properties

    (929) 552-1097

    55 Total Sales

    2 in Madison

    $720,000 Price Range

    Colleen Brady
     Section Image
  • Yeugena Atayan Real Estate Agent - RE/MAX Real Estate Professiona

    Yeugena Atayan

    RE/MAX Real Estate Professiona

    (866) 450-0598

    24 Total Sales

    2 in Madison

    $390K - $520K Price Range

    Yeugena Atayan
     Section Image
  • Mitchell Feldman Real Estate Agent

    Mitchell Feldman

    Responds Quickly

    (855) 629-2561

    101 Total Sales

    2 in Madison

    $215K - $730K Price Range

    Mitchell Feldman
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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
-- --
Zheng Ri Mei $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

    120 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

    32 Total Sales

    Mandy (Meijuan) Jiang
    Section Image

  • JL

    Buyer's Agent in 2023

    Jimmy Lu

    RE/MAX

    (929) 238-8888

    23 in this area

    81 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.

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