NOT LISTED FOR SALE

723 Madison St Unit 1 Brooklyn, NY 11221

Bed-Stuy Neighborhood

Estimated Value: $1,019,000 - $1,665,000

2 Beds
-- Bath
2,001 Sq Ft
$714/Sq Ft Est. Value

About This Home

This home is located at 723 Madison St Unit 1, Brooklyn, NY 11221 and is currently estimated at $1,428,129, approximately $713 per square foot. 723 Madison St Unit 1 is a home located in Kings County with nearby schools including P.S. 309 George E. Wibecan Preparatory Academy, La Cima Charter School, and Ember Charter School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 25, 2013
Sold by
723 Madison Llc
Bought by
Cheng Lengya
Current Estimated Value
$1,428,129

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$497,000
Outstanding Balance
$356,454
Interest Rate
3.6%
Mortgage Type
Commercial
Estimated Equity
$1,089,665

Purchase Details

Closed on
Aug 29, 2012
Sold by
Thomas Jerome
Bought by
723 Madison Llc

Purchase Details

Closed on
Dec 5, 2008
Sold by
Brooklyn Renaissance Development Inc
Bought by
Thomas Jerome

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$628,306
Interest Rate
5.53%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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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
Cheng Lengya $710,000 --
723 Madison Llc $342,597 --
Thomas Jerome $650,000 --
Brooklyn Renaissance Development Inc $360,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cheng Lengya $497,000
Previous Owner Thomas Jerome $628,306
Previous Owner Reid Annie $43,048
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 $3,886 $90,300 $15,480 $74,820
2024 $3,886 $93,360 $15,480 $77,880
2023 $3,892 $114,540 $15,480 $99,060
2022 $3,612 $96,420 $15,480 $80,940
2021 $3,596 $98,880 $15,480 $83,400
2020 $1,786 $86,160 $15,480 $70,680
2019 $3,373 $68,520 $15,480 $53,040
2018 $3,256 $15,972 $3,866 $12,106
2017 $3,074 $15,078 $5,755 $9,323
2016 $2,847 $14,239 $7,333 $6,906
2015 $1,716 $14,230 $11,008 $3,222
2014 $1,716 $13,436 $8,824 $4,612
Source: Public Records

Map

New York Kings County Brooklyn 11221 Bed-Stuy

723 Madison St Unit 1, Brooklyn, NY

This home is located at 723 Madison St Unit 1, Brooklyn, NY 11221 and is currently estimated at $1,428,129, approximately $713 per square foot. 723 Madison St Unit 1 is a home located in Kings County with nearby schools including P.S. 309 George E. Wibecan Preparatory Academy, La Cima Charter School, and Ember Charter School.

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