NOT LISTED FOR SALE

940 Madison St New York, NY 11221

Bed-Stuy Neighborhood

Estimated Value: $1,204,203

-- Bed
-- Bath
3,950 Sq Ft
$305/Sq Ft Est. Value

About This Home

This home is located at 940 Madison St, New York, NY 11221 and is currently priced at $1,204,203, approximately $304 per square foot. 940 Madison St is a home located in Kings County with nearby schools including P.S. 309 George E. Wibecan Preparatory Academy, Excellence Girls Charter School, and Brooklyn Excelsior Charter School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 24, 2025
Sold by
940 Madison Street Llc
Bought by
K Boundaries Llc
Current Estimated Value
$1,204,203

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$780,000
Outstanding Balance
$779,352
Interest Rate
6.93%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 17, 2008
Sold by
Sorkin Mikhail and Sorkin Natalia
Bought by
940 Madison Street L Lc and Mikhail Sorkin

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
K Boundaries Llc $1,200,000 --
940 Madison Street L Lc -- --
940 Madison Street L Lc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open K Boundaries Llc $780,000
Previous Owner 940 Madison Street Llc $1,360,000
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
2024 $18,986 $308,700 $103,500 $205,200
2023 $17,250 $286,650 $103,500 $183,150
2022 $17,085 $238,950 $103,500 $135,450
2021 $16,714 $191,250 $103,500 $87,750
2020 $15,476 $208,350 $103,500 $104,850
2019 $14,733 $207,900 $103,500 $104,400
2018 $13,758 $108,167 $47,118 $61,049
2017 $13,662 $107,416 $50,939 $56,477
2016 $13,512 $104,811 $61,812 $42,999
2015 $8,325 $97,048 $68,680 $28,368
2014 $8,325 $89,861 $76,266 $13,595
Source: Public Records

Map

New York Kings County New York 11221 Bed-Stuy

940 Madison St, New York, NY

Homes for Sale in New York, NY

This home is located at 940 Madison St, New York, NY 11221 and is currently priced at $1,204,203, approximately $304 per square foot. 940 Madison St is a home located in Kings County with nearby schools including P.S. 309 George E. Wibecan Preparatory Academy, Excellence Girls Charter School, and Brooklyn Excelsior Charter School.

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