NOT LISTED FOR SALE

2938 Nostrand Ave Brooklyn, NY 11229

Madison Neighborhood

Estimated Value: $954,595 - $1,065,000

3 Beds
2.5 Baths
1,864 Sq Ft
$537/Sq Ft Est. Value

Last Sold December 15, 2022

Last sale price $830,000 $445 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $5,795/month

Highlights

  • Wood Flooring
  • Porch
  • Cooling Available
  • PS 222 Katherine R Snyder Rated A
  • 2 Car Attached Garage
  • Heating System Uses Steam

About This Home

As of December 2022

Introducing an opportunity to own a single-family home located in Marine Park/Madison, Brooklyn. The property is 20x40 building size on a 20x110 lot. Easy to convert into two families with a Duplex plus walk-in apt. The property features a private driveway with a built-in garage that can park up to 2 vehicles. There is also a backyard with a porch that is accessible from the first and walk-in levels. The walk-in level features a 3/4 bathroom, an office room, and a spacious family room. The first level features a living room, a dining room, a kitchen, and a half-bathroom. The second level features 3 bedrooms and a full bathroom. The property is located near an abundance of restaurants, supermarkets, shops, and much much more. There are also multiple public transportation options nearby providing an easy commute around the city.

Last Agent to Sell the Property

Shaojie Liang

ProBase Real Estate Listed on: 09/27/2022

Co-Listed By

Xiaowei Zou

Momentum Real Estate LLC

Last Buyer's Agent

Jincun Kuang

Momentum Real Estate LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,627

Year Built

  • Built in 1945

Lot Details

  • 2,191 Sq Ft Lot
  • Lot Dimensions are 110 x 20
  • Back and Front Yard
  • Property is zoned R3-2

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Poured Concrete
  • Stucco Exterior

Interior Spaces

  • 1,864 Sq Ft Home
  • 2-Story Property
  • Stove

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 2 Car Attached Garage
  • Private Driveway

Outdoor Features

  • Porch

Utilities

  • Cooling Available
  • Heating System Uses Steam
  • Heating System Uses Gas
  • 220 Volts
  • 110 Volts

Listing and Financial Details

  • Tax Block 7690

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,627

Year Built

Built in 1945

Lot Details

2,191 Sq Ft Lot

Listing Details

  • Basement Amenities: Finished, Full, Walk-in
  • Total Bathrooms: 3.00
  • Baths Total Level1: 1.00
  • Baths Total Level2: 1.00
  • Borough: Brooklyn
  • Building Length: 40.00
  • Building Width: 20.00
  • Co List Office Mls Id: 117770
  • Co List Office Phone: (718) 382-0001
  • Confirmed By M L S Y N: Yes
  • Cross Street: Kings Hwy
  • Cross Street Name2: Avenue P
  • Handicap Access Y N U: No
  • Heat Delivery: Steam/Radiator
  • Negotiate Thru: Broker
  • Number Of Families: 1
  • Parking Attributes: 2 Spaces, Built-In Garage
  • Parking Feature Single: Private Drive
  • Property Sub Type: Single Family
  • Prop. Type: Residential
  • Residential Features: A/C Unit, Porch, Refrigerator, Stove, Other
  • Fill Sq Ft Total: 1864
  • Building Stories: 2
  • Street Name I D X: Nostrand
  • Building Style: Duplex
  • Year Built: 1945
  • Special Features: None
  • Stories: 2

Interior Features

  • Basement Full Bathrooms: 1
  • Basement Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Hardwood, Tile
  • Lot Sq Ft: 2191

Exterior Features

  • Yard: Back, Front
  • Exterior Building Type: Attached
  • Construction Type: Brick
  • Exterior: Brick, Stucco
  • Foundation Details: Poured Concrete
  • Lot Number: 92
  • Roof: Flat

Utilities

  • Air Conditioning Units: 1
  • Electric: 110 V, 220 V
  • Heating Fuel: Gas
  • Hot Water: Hot Water Coil in Boiler

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 110
  • Lot Size Width: 20
  • Zoning: R3-2

Tax Info

  • Flip Tax Amount: 7627.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2022
Closed on
Dec 15, 2022
Sold by
Yuen Andy C and Yuen Julie
Bought by
Xie Youliang
Seller's Agent
Shaojie Liang
ProBase Real Estate
Buyer's Agent
Jincun Kuang
Momentum Real Estate LLC
List Price
$850,000
Sold Price
$830,000
Premium/Discount to List
-$20,000
-2.35%
Current Estimated Value
$1,001,649

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$171,649
Avg. Annual Appreciation
6.11%
Original Mortgage
$370,000
Outstanding Balance
$358,432
Interest Rate
7.08%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$643,217

Purchase Details

Closed on
Mar 27, 2015
Sold by
Yuen Julie and Yuen Steven Y
Bought by
Yuen Andy C and Yuen Julie

Purchase Details

Closed on
May 23, 1994
Sold by
Yuen Suey King
Bought by
Yuen Suey King and Yuen Julie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,913
Interest Rate
9.19%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Xie Youliang $830,000 --
Xie Youliang $830,000 --
Xie Youliang $830,000 --
Yuen Andy C -- --
Yuen Andy C -- --
Yuen Andy C -- --
Yuen Suey King $2,800,000 Title Usa Insurance Corp
Yuen Suey King -- Title Usa Insurance Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Xie Youliang $370,000
Closed Xie Youliang $370,000
Previous Owner Yuen Suey King $5,913
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2022 12/15/22 Sold $830,000 -2.4% $445 / Sq Ft
09/27/2022 09/27/22 Pending -- -- --
09/27/2022 09/27/22 For Sale $850,000 -- $456 / Sq Ft
Source: Brooklyn Board of REALTORS®

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 $7,796 $60,180 $13,560 $46,620
2024 $7,796 $51,600 $13,560 $38,040
2023 $7,883 $55,560 $13,560 $42,000
2022 $7,627 $47,820 $13,560 $34,260
2021 $7,586 $44,520 $13,560 $30,960
2019 $6,767 $38,580 $13,560 $25,020
2014 $3,403 $26,956 $11,870 $15,086
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2022

    Shaojie Liang

    ProBase Real Estate

    (718) 210-2727

    2 in this area

    85 Total Sales

    Shaojie Liang
    Section Image

  • X

    Seller Co-Listing Agent in 2022

    Xiaowei Zou

    Momentum Real Estate LLC

    (917) 929-9689

    1 in this area

    32 Total Sales

    Xiaowei Zou
    Section Image

  • J

    Buyer's Agent in 2022

    Jincun Kuang

    Momentum Real Estate LLC

    (347) 754-8455

    2 in this area

    113 Total Sales

    Jincun Kuang
    Section Image
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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 466940

Brooklyn Board of REALTORS®

APN: 07690-0092

New York Kings County Brooklyn 11229 Madison

2938 Nostrand Ave, Brooklyn, NY

Not Listed for Sale

Detached

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