NOT LISTED FOR SALE

87 Madison St Unit 2 Brooklyn, NY 11216

Bed-Stuy Neighborhood

Estimated Value: $2,939,000 - $3,452,990

4 Beds
-- Bath
3,950 Sq Ft
$815/Sq Ft Est. Value

About This Home

This home is located at 87 Madison St Unit 2, Brooklyn, NY 11216 and is currently estimated at $3,220,248, approximately $815 per square foot. 87 Madison St Unit 2 is a home located in Kings County with nearby schools including P.S. 3 - The Bedford Village, Clara Muhammad School Of Masjid Khalifah, and Tabernacle Elementary School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 26, 2009
Sold by
Festive Homes Ltd
Bought by
Stone Arches Ltd
Current Estimated Value
$3,220,248

Purchase Details

Closed on
Oct 3, 2006
Sold by
Elim Gospel Tabernacle Inc
Bought by
Festive Homes Ltd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.48%
Mortgage Type
Purchase Money Mortgage
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
Stone Arches Ltd -- --
Festive Homes Ltd $500,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stone Arches Ltd $700,000
Closed Stone Arches Ltd $184,470
Previous Owner Festive Homes Ltd $499,000
Previous Owner Festive Homes Ltd $500,000
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 $12,011 $167,580 $11,880 $155,700
2024 $12,011 $155,700 $11,880 $143,820
2023 $11,458 $187,440 $11,880 $175,560
2022 $11,043 $157,440 $11,880 $145,560
2021 $10,983 $161,280 $11,880 $149,400
2020 $5,459 $152,520 $11,880 $140,640
2019 $10,425 $121,260 $11,880 $109,380
2018 $9,584 $47,016 $3,440 $43,576
2017 $9,397 $46,096 $5,322 $40,774
2016 $8,694 $43,488 $6,780 $36,708
2015 $5,245 $43,488 $7,625 $35,863
2014 $5,245 $41,530 $8,740 $32,790
Source: Public Records

Map

New York Kings County Brooklyn 11216 Bed-Stuy

87 Madison St Unit 2, Brooklyn, NY

This home is located at 87 Madison St Unit 2, Brooklyn, NY 11216 and is currently estimated at $3,220,248, approximately $815 per square foot. 87 Madison St Unit 2 is a home located in Kings County with nearby schools including P.S. 3 - The Bedford Village, Clara Muhammad School Of Masjid Khalifah, and Tabernacle Elementary School.

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.

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