NOT LISTED FOR SALE

Estimated Value: $1,014,000 - $1,113,000

1 Bed
1.5 Baths
-- Sq Ft
$395/mo HOA Fee

Last Sold February 07, 2022

Last sale price $939,000

Est. 13% increase in value since last sale

Current estimated payment $7,001/month

38 Days on Market

Highlights

  • New Construction
  • 5-minute walk to Franklin Avenue (A,C,S Line)
  • 4-minute walk to John Hancock Playground
  • Garden

About This Home

As of February 2022

Welcome to 107 Madison Street, nestled quietly on a tree-lined street in one of the most favorable pockets of Bedford-Stuyvesant just a block and a half from the border of Clinton Hill. This newly constructed condo development is sure to awe and is comprised of 10 well-positioned and tastefully curated one-bedroom (1BR) and two-bedroom (2BR) simplex and duplex residences, more than half featuring private outdoor space(s).



Upon entry to #1A the kitchen can be found. A neutral color palette paired with contrasting textures and styles work harmoniously to successfully execute a contemporary design approach. Upper wooden cabinetry enveloped by off-white, glossy lower cabinetry and additional paneling provides intentional depth and a dual-toned aesthetic while a muted, horizontal grid tile runs effortlessly along the backsplash for a clean look. The kitchen comes equipped with all new stainless-steel appliances including a Bosch stove and microwave, Liebherr refrigerator, and Blomberg dishwasher.



Floor-to-ceiling windows in the living room illuminate the residence creating a blanket of light that provides a picturesque view of the backyard greenery becoming an integral facet of the home, bridging the interior space with natural elements. The sizable balcony off the living room provides a quaint opportunity to enjoy mornings outdoors with a good book, or a calming outdoor work-from-home environment.



The well-proportioned primary bedroom continues the theme of luminosity establishing a tranquil environment throughout, and provides a second private balcony, and the second bedroom is accessed directly adjacent. The bathroom is outfitted with contrasting neutral tones and contemporary in style. Dark-grey stone, heated, hexagonal tiles lay seamlessly across the floor and pair nicely with the off-white grid tiles laying vertically along the perimeter walls. The bathroom comes equipped with a deep soaking tub, glass shower partition, silver Riobel shower fixtures, custom white vanity, and Duravit toilet.



107 Madison Street is located only two blocks from Clinton Hill and is home to many well-known neighborhood favorites such as but not limited to Baron's, Black Swan, Corner Grind, Golda, Calaca, Playground Coffee Shop, Greenberg's Bagels, Dynaco, Home Frite, Stonefruit, Fancy Nancy, Locanda Vini e Olii, Izzy Rose, Tarachi, Peaches, Fan-Fan Doughnuts, Blink Fitness, Swell Dive, YMCA, & Madame Poupon.



Access to the train includes the Franklin C train only approximately 4 short blocks away, and the G train at Bedford-Nostrand.This is not an offering.



The complete terms are in an offering plan available from the Sponsor (File No: CD21- 0039).

Last Agent to Sell the Property

Jessica Peters

Douglas Elliman Real Estate License #10301209015 Listed on: 11/04/2021

Douglas Elliman Real Estate

Co-Listed By

Justin Mcmahon

Douglas Elliman Real Estate License #10401309100

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,048

Year Built

  • Built in 2021 | New Construction

Lot Details

  • Garden

HOA Fees

  • $395 Monthly HOA Fees

Interior Spaces

  • 4-Story Property
  • Washer Dryer Allowed

Bedrooms and Bathrooms

  • 1 Bedroom

Community Details

  • 10 Units
  • Bedford Stuyvesant Subdivision

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,048

Year Built

Built in 2021 | New Construction

Lot Details

0

HOA Fees

$395 per month

Listing Details

  • Cross Street: FRANKLIN AVENUE and BEDFORD AVENUE
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Bedford Stuyvesant
  • Entry Level: 4
  • ResoPropertyType: Residential
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Appliances: Washer Dryer Allowed
  • Rooms (Total): 3

Beds/Baths

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Bathrooms Integer: 2
  • Bedrooms: 1

Exterior Features

  • Exterior Features: Garden

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 395.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: Yes
  • Units: 10
  • Total Stories: 4
  • Year Built: 2021

Tax Info

  • Tax Block: NA
  • Tax Annual: 3048.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 4, 2021
Closed on
Feb 7, 2022
Sold by
Madison 107 Llc
Bought by
Colley Rebecca and Cramer Johnathon L
Seller's Agent
Jessica Peters
Douglas Elliman Real Estate
List Price
$939,000
Sold Price
$939,000
Current Estimated Value
$1,065,358

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$126,358
Avg. Annual Appreciation
3.62%
Original Mortgage
$751,200
Outstanding Balance
$700,196
Interest Rate
3.55%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$365,162
Source: Public Records

Range of Values:

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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
Colley Rebecca $947,568 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Colley Rebecca $751,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/07/2022 02/07/22 Sold $939,000 0.0% --
11/04/2021 11/04/21 For Sale $939,000 -- --
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 $9,749 $106,972 $23,227 $83,745
2024 $9,749 $113,081 $23,227 $89,854
2023 $8,405 $98,827 $23,227 $75,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10755235

Real Estate Board of New York (REBNY)

APN: 01988-1001