NOT LISTED FOR SALE

394 Madison St Unit Building Brooklyn, NY 11221

Bed-Stuy Neighborhood

Estimated Value: $1,888,901 - $3,276,000

-- Bed
7 Baths
2,700 Sq Ft
$907/Sq Ft Est. Value

About This Home

This home is located at 394 Madison St Unit Building, Brooklyn, NY 11221 and is currently estimated at $2,448,475, approximately $906 per square foot. 394 Madison St Unit Building is a home located in Kings County with nearby schools including P.S. 44 Marcus Garvey, Brooklyn East Collegiate Charter School, and Unity Preparatory Charter School of Brooklyn.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 2, 2019
Sold by
Madison 3 Equities Llc
Bought by
Greenberg Benjamin L and Selzer Greenberg Janine
Current Estimated Value
$2,448,475

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,612,000
Outstanding Balance
$1,405,671
Interest Rate
3.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,042,804

Purchase Details

Closed on
Jan 24, 2018
Sold by
Eugene Peters and The Estate Of Mary Peters
Bought by
Madison 3 Equities Llc

Purchase Details

Closed on
May 11, 2016
Sold by
Mary Peters and Mary Peters
Bought by
Madison 3 Equities Llc

Purchase Details

Closed on
Feb 22, 2007
Sold by
Peters Mary E
Bought by
Velasquez Radamex

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$639,000
Interest Rate
6.3%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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.

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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.

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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.

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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.

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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
Greenberg Benjamin L $2,015,000 --
Madison 3 Equities Llc $175,000 --
Madison 3 Equities Llc -- --
Velasquez Radamex $710,000 --
Velasquez Radamex $710,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Greenberg Benjamin L $1,612,000
Previous Owner Velasquez Radamex $639,000
Source: Public Records

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 $8,379 $131,340 $15,840 $115,500
2024 $8,379 $103,740 $15,840 $87,900
2023 $8,189 $91,680 $15,840 $75,840
2022 $7,785 $96,660 $15,840 $80,820
2021 $7,943 $106,020 $15,840 $90,180
2020 $2,192 $89,880 $15,840 $74,040
2019 $4,347 $82,560 $15,840 $66,720
2018 $3,999 $19,615 $3,579 $16,036
2017 $3,773 $18,511 $4,340 $14,171
2016 $3,491 $17,464 $5,528 $11,936
2015 $2,106 $17,464 $6,217 $11,247
2014 $2,106 $17,317 $7,397 $9,920
Source: Public Records

Map

New York Kings County Brooklyn 11221 Bed-Stuy

394 Madison St Unit Building, Brooklyn, NY

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