Seller's Agent in 2018
MARK MARTOV
Corcoran Group
(212) 355-3550
24 in this area
72 Total Sales
Estimated Value: $2,796,000 - $5,594,000
111 Madison Street is a modern 5 story, 3 Family Town House boasting over 3,700 square feet of space and a substantial rental income of approximately $132,000 per year. This inviting investment is conveniently located near the Clinton Hill boarder between Franklin Avenue and Bedford Avenues in close proximity to C & A express trains at Nostrand Avenue & Franklin Avenue stations as well as the Franklin Avenue Shuttle. Before ever stepping foot inside this staple investment, future owners and occupants will be welcomed by a vibrant community characterized by an endless array of restaurants, bars, cafs, creative venues and bustling nightlife in Bedford Stuyvesant and neighboring Crown Heights & Clinton Hill and Crown Heights. Enter into a sweeping garden apartment duplex indicative of 111 Madisons aesthetic and upside, featuring recessed lighting, cherry hardwood floors, and large exposures throughout. This convertible 3 bed/2bath duplex features an airy open concept living room leading into a renovated pass through kitchen. Unit 1 features 2 open lean en suite bedrooms leading out to a spacious garden area and concludes with a separate laundry room, a spacious recreational room (convertible bedroom) and bathroom on the lower level. The second floor apartment also offers a convertible 3-bedroom layout. While the unit opens with a spacious and sunny open concept living room leading through a modern pass through kitchen, it concludes with an office/den and 2 king-sized bedrooms overlooking the garden in the rear. 111 Madisons top floor apartment is another sweeping duplex featuring 3 spacious bedrooms and roof deck, including one lofted ceiling bedroom, suitable as a secluded master suite with immediate outdoor access.
Last Agent to Sell the Property
Corcoran Group License #10401264653 Listed on: 11/15/2017
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Huston Elizabeth A | $2,190,000 | -- | |
| Huston Elizabeth A | $2,190,000 | -- | |
| Huston Elizabeth A | $2,190,000 | -- | |
| Huston Elizabeth A | $2,190,000 | -- | |
| 111 Madison Development Llc | -- | -- | |
| 111 Madison Development Llc | -- | -- | |
| 111 Madison Development Llc | -- | -- | |
| 111 Madison Development Llc | -- | -- | |
| Set Properties Corp | $320,840 | -- | |
| Set Properties Corp | $320,840 | -- | |
| Set Properties Corp | $320,840 | -- | |
| Set Properties Corp | $320,840 | -- | |
| Salami Raifou | -- | -- | |
| Salami Raifou | -- | -- | |
| Salami Raifou | -- | -- | |
| Salami Raifou | -- | -- | |
| Salami Raifou | -- | -- | |
| Salami Raifou | -- | -- | |
| Salami Raifou | -- | -- | |
| Salami Raifou | -- | -- | |
| Salami Raifou | $850,000 | -- | |
| Salami Raifou | $850,000 | -- | |
| Salami Raifou | $850,000 | -- | |
| Salami Raifou | $850,000 | -- | |
| 109 Rogers Holding Inc | $240,000 | -- | |
| 109 Rogers Holding Inc | $240,000 | -- | |
| 109 Rogers Holding Inc | $240,000 | -- | |
| 109 Rogers Holding Inc | $240,000 | -- |
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Huston Elizabeth A | $1,100,000 | |
| Closed | Huston Elizabeth A | $1,100,000 | |
| Previous Owner | Set Properties Corp | $320,840 |
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/06/2018 08/06/18 | Sold | $2,190,000 | -1.6% | $442 / Sq Ft |
| 07/07/2018 07/07/18 | Pending | -- | -- | -- |
| 11/15/2017 11/15/17 | For Sale | $2,225,000 | -- | $449 / Sq Ft |
| 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 | $12,214 | $334,080 | $23,820 | $310,260 |
| 2024 | $12,214 | $287,160 | $23,820 | $263,340 |
| 2023 | $11,651 | $253,800 | $23,820 | $229,980 |
| 2022 | $11,453 | $207,720 | $23,820 | $183,900 |
| 2021 | $11,473 | $160,380 | $23,820 | $136,560 |
| 2020 | $5,620 | $192,900 | $23,820 | $169,080 |
| 2019 | $10,601 | $153,360 | $23,820 | $129,540 |
| 2018 | $9,746 | $47,808 | $7,712 | $40,096 |
| 2017 | $9,746 | $47,808 | $12,166 | $35,642 |
| 2016 | $9,082 | $45,432 | $14,135 | $31,297 |
| 2015 | $5,479 | $44,763 | $20,649 | $24,114 |
| 2014 | $5,479 | $42,230 | $23,367 | $18,863 |
Seller's Agent in 2018
MARK MARTOV
Corcoran Group
(212) 355-3550
24 in this area
72 Total Sales
Source: Real Estate Board of New York (REBNY)
MLS Number: RLS10058643
APN: 01988-0042
Ask me questions while you tour the home.