NOT LISTED FOR SALE

416 Madison St Unit 2F Brooklyn, NY 11221

Bed-Stuy Neighborhood

Estimated Value: $1,903,000 - $2,654,000

4 Beds
1 Bath
-- Sq Ft
1899 Built

Highlights

  • Laundry Facilities
  • West Facing Home
  • 4-minute walk to Hattie Carthan Playground

About This Home

As of September 2015

This home is located at 416 Madison St Unit 2F, Brooklyn, NY 11221 since 23 April 2015 and is currently priced at $2,327,915. This property was built in 1899. 416 Madison St Unit 2F is a home located in Kings County with nearby schools including P.S. 44 Marcus Garvey, Leadership Preparatory Bedford Stuyvesant Charter School, and The Co-Op School.

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $10,849

Year Built

  • 1899

Lot Details

  • West Facing Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Bathroom

Listing and Financial Details

  • Property Available on 4/20/15

Community Details

Overview

  • 10 Units
  • Bed Stuy Subdivision

Amenities

  • Laundry Facilities

Property Details

Home Type

Apartment

Est. Annual Taxes

$10,849

Year Built

1899

Lot Details

0

Rental Info

  • Available Date: 2015-04-20

Listing Details

  • Exposures: West
  • Property SubType: Apartment
  • Property Type: Residential Lease
  • Neighborhood: Bed Stuy
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built (Public Record): 1899

Beds/Baths

  • Bathrooms Integer: 1
  • Bedrooms: 4

Utilities

  • Laundry Features: Common On Floor, Common Area

Building Info

  • New Construction: No
  • Units: 10

Tax Info

  • Tax Block: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 3, 2023
Sold by
416 Madison Equities Llc
Bought by
Udin Andrew and Udin Shira
Current Estimated Value
$2,327,915

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,352,000
Outstanding Balance
$2,283,377
Interest Rate
6.73%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$44,538

Purchase Details

Closed on
Sep 9, 2020
Sold by
Moke Peace 11 Corp
Bought by
416 Madsion Equities Llc

Purchase Details

Listed on
Apr 23, 2015
Closed on
Jul 22, 2015
Sold by
Danzy Angela and Robinson David
Bought by
Moke Peace 11 Corp
Sold Price
$3,500

Purchase Details

Closed on
Oct 23, 2008
Sold by
Brown Robert
Bought by
Danzy Angela and Robinson David

Purchase Details

Closed on
Oct 31, 2006
Sold by
Leak Reginald Clayton
Bought by
Michael David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,000
Interest Rate
6.33%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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Quantarium

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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
Udin Andrew $2,940,000 --
416 Madsion Equities Llc $1,175,000 --
Moke Peace 11 Corp $40,000 --
Danzy Angela $810,000 --
Danzy Angela $810,000 --
Brown Robert $580,000 --
Michael David $795,000 --
Michael David $795,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Udin Andrew $2,352,000
Previous Owner Michael David $159,000
Previous Owner Michael David $636,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/20/2022 04/20/22 Off Market $3,500 -- --
09/09/2015 09/09/15 Rented -- -- --
09/09/2015 09/09/15 Rented $3,500 0.0% --
08/10/2015 08/10/15 Under Contract -- -- --
04/23/2015 04/23/15 For Rent $3,500 -- --
Source: Real Estate Board of New York (REBNY)

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 $10,849 $169,560 $16,380 $153,180
2024 $10,849 $133,920 $16,380 $117,540
2023 $10,686 $142,260 $16,380 $125,880
2022 $5,603 $112,560 $16,380 $96,180
2021 $5,907 $104,640 $16,380 $88,260
2020 $4,583 $99,720 $16,380 $83,340
2019 $4,372 $89,580 $16,380 $73,200
2018 $4,023 $19,735 $3,859 $15,876
2017 $3,798 $18,630 $5,142 $13,488
2016 $3,724 $18,630 $4,369 $14,261
2015 $1,900 $18,460 $5,161 $13,299
2014 $1,900 $17,418 $5,846 $11,572
Source: Public Records

Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10121882

Real Estate Board of New York (REBNY)

APN: 01825-0037