NOT LISTED FOR SALE

1115 Madison St Brooklyn, NY 11221

Bushwick Neighborhood

Estimated Value: $1,209,000 - $1,453,000

7 Beds
3 Baths
2,454 Sq Ft
$552/Sq Ft Est. Value

Last Sold October 25, 2021

Last sale price $1,200,000 $489 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $7,310/month

79 Days on Market

Highlights

  • Pre War Building
  • Intercom
  • Central Air

About This Home

As of October 2021

Located in the heart of Bushwick, there is opportunity knocking for you to own this townhouse, which is offering the option to have an income generating asset with tenants currently in place, paying free market rent or if you want to make this home your own. This two (2) family house is currently configured as such with a floor through apartment over a duplex unit. The top floor consists of 2.5 Bedrooms, 1 Bathroom, an open / eat-in kitchen, which is outfitted with stainless steel appliances, washer/dryer, a wide skylight, allowing sunlight to pour in, and hardwood floors. The duplex is made up of the parlor level and the garden unit, which offers four (4) bedrooms, 2 Bathrooms, hardwood floors, a kitchen with stainless steel appliances and stone countertops, in-unit washer/dryer and access to the garden. 1115 Madison Street offers access to the following subway train lines: J,Z,L,M and there is a citibike dock around the corner on Central Ave/Woodbine St. Showings are limited to Sunday Open Houses until further notice.

Last Agent to Sell the Property

Richard Rojas

Serhant License #10401250328 Listed on: 04/13/2021

Serhant

Co-Listed By

Sean Sasso

Compass License #10401253886

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1905

Lot Details

  • 1,830

Home Design

  • Pre War Building

Interior Spaces

  • 2,454 Sq Ft Home
  • 3-Story Property
  • Intercom

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Full Bathrooms

Additional Features

  • Lot Dimensions are 18.08 x 100.0
  • Central Air

Community Details

  • Bushwick Subdivision

Listing and Financial Details

  • Legal Lot and Block 47 / 3359

Home Details

Home Type

Single Family

Year Built

Built in 1905

Lot Details

1,830 Sq Ft Lot

Listing Details

  • Cross Street: Central Avenue/Evergreen Avenue
  • Property SubType: Single Family Residence
  • Property Type: Residential
  • Neighborhood: Bushwick
  • Architectural Style: Prewar
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Equipment (Other): Intercom
  • Living Area: 2454.0
  • Living Area Units: Square Feet

Beds/Baths

  • Full Bathrooms: 3
  • Bathrooms Integer: 3
  • Bedrooms: 7

Garage/Parking

  • Garage: No

Utilities

  • Cooling: Building Cooling, Central Air
  • Cooling: Yes

Lot Info

  • Lot Size Dimensions: 18.08 x 100.0

Building Info

  • Total Stories: 3
  • Year Built: 1905

Tax Info

  • Tax Block: 3359
  • Tax Lot: 47

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2021
Closed on
Oct 25, 2021
Sold by
Bushwick Even Realty Llc
Bought by
Tarver Sr. Benjamin Alexander and Tarver Adrienne Elise
Seller's Agent
Richard Rojas
Serhant
List Price
$1,200,000
Sold Price
$1,200,000
Current Estimated Value
$1,353,712

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$153,712
Avg. Annual Appreciation
2.78%
Original Mortgage
$960,000
Outstanding Balance
$874,562
Interest Rate
2.88%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$479,150

Purchase Details

Closed on
Nov 30, 2018
Sold by
Even Mark M and Even Tova
Bought by
Bushwick Even Realty Llc

Purchase Details

Closed on
Jul 13, 2015
Sold by
August West Development Llc
Bought by
Even Mark M and Even Tova

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$499,000
Interest Rate
4.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 16, 2014
Sold by
Madison Y And Y Llc
Bought by
August West Development Llc

Purchase Details

Closed on
Jan 20, 2014
Sold by
Rock Bridge Devp Inc
Bought by
Madison Y And Y Llc

Purchase Details

Closed on
May 2, 2013
Sold by
Mcgloster Jacquelyn
Bought by
Rock Bridge Devp Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,000
Interest Rate
3.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 16, 2004
Sold by
Simons Toni
Bought by
Mcgloster Jacquelyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,000
Interest Rate
5.73%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 22, 2003
Sold by
Hud and Secretary Of Housing And Urban Devolpmen
Bought by
Toni Simons

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$242,250
Interest Rate
5.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 24, 1998
Sold by
Redwood Ronald E and Harris Noel E
Bought by
Harris Noel W and Thompson Darrin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,600
Interest Rate
7.08%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 20, 1998
Sold by
Howard Real Estate Ltd
Bought by
Redwood Ronald E and Harris Noel W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,600
Interest Rate
7.08%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 20, 1998
Sold by
Citibank Na
Bought by
Howard Real Estate Ltd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,600
Interest Rate
7.08%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Tarver Sr. Benjamin Alexander $1,200,000 --
Tarver Sr. Benjamin Alexander $1,200,000 --
Tarver Sr. Benjamin Alexander $1,200,000 --
Bushwick Even Realty Llc -- --
Bushwick Even Realty Llc -- --
Bushwick Even Realty Llc -- --
Even Mark M $999,000 --
Even Mark M $999,000 --
Even Mark M $999,000 --
August West Development Llc $620,000 --
August West Development Llc $620,000 --
Madison Y And Y Llc $512,500 --
Madison Y And Y Llc $512,500 --
Rock Bridge Devp Inc $265,000 --
Rock Bridge Devp Inc $265,000 --
Mcgloster Jacquelyn $365,000 --
Mcgloster Jacquelyn $365,000 --
Toni Simons $255,000 --
Toni Simons $255,000 --
Harris Noel W -- American Title Ins Co
Harris Noel W -- American Title Ins Co
Redwood Ronald E $178,000 Nations Title Insurance
Redwood Ronald E $178,000 Nations Title Insurance
Howard Real Estate Ltd $103,000 Commonwealth Land Title Ins
Howard Real Estate Ltd $103,000 Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tarver Sr. Benjamin Alexander $960,000
Closed Tarver Sr. Benjamin Alexander $960,000
Previous Owner Even Mark M $499,000
Previous Owner Rock Bridge Devp Inc $212,000
Previous Owner Mcgloster Jacquelyn $265,000
Previous Owner Toni Simons $242,250
Previous Owner Redwood Ronald E $176,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/25/2021 10/25/21 Sold $1,200,000 0.0% $489 / Sq Ft
07/02/2021 07/02/21 Pending -- -- --
04/13/2021 04/13/21 For Sale $1,200,000 -- $489 / Sq Ft
Source: Real Estate Board of New York (REBNY)

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 $3,195 $104,040 $10,320 $93,720
2024 $3,195 $82,200 $10,320 $71,880
2023 $3,048 $72,660 $10,320 $62,340
2022 $2,832 $59,460 $10,320 $49,140
2021 $2,819 $65,220 $10,320 $54,900
2020 $1,399 $64,680 $10,320 $54,360
2019 $2,499 $64,680 $10,320 $54,360
2018 $2,616 $12,507 $2,107 $10,400
2016 $2,232 $11,164 $2,704 $8,460
2015 $1,345 $11,146 $3,030 $8,116
2014 $1,345 $11,046 $3,606 $7,440
Source: Public Records

Agents Affiliated with this Home

  • Richard Rojas

    Seller's Agent in 2021

    Richard Rojas

    Serhant

    (646) 996-6042

    1 in this area

    13 Total Sales

    Richard Rojas
    Section Image
  • Sean Sasso

    Seller Co-Listing Agent in 2021

    Sean Sasso

    Compass

    (917) 702-6660

    1 in this area

    21 Total Sales

    Sean Sasso
    Section Image
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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10710815

Real Estate Board of New York (REBNY)

APN: 03359-0047

New York Kings County Brooklyn 11221 Bushwick

1115 Madison St, Brooklyn, NY

Not Listed for Sale

Detached

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