NOT LISTED FOR SALE

1121 Madison St Brooklyn, NY 11221

Bushwick Neighborhood

Estimated Value: $995,922 - $1,646,000

5 Beds
4 Baths
4,080 Sq Ft
$346/Sq Ft Est. Value

Last Sold September 05, 2018

Last sale price $1,250,000 $306 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $7,949/month

89 Days on Market

About This Home

As of September 2018

Sometimes a house checks all the right boxes and just makes sense. Welcome to 1121 Madison Street. An incredible value in one of Brooklyn fastest growing neighborhoods. Love where you live with great rental income. This two family double duplex Bushwick townhouse stands an impressive 57 feet deep on a 100 foot lot. Each room of this spacious townhouse is as accommodating as it is functional. The upper duplex features 3 bedroom 2.5 baths complete with in unit washer/dryer, dishwasher, A/C. The lower duplex features 2 grand bedrooms, 2 full bathrooms, in unit washer/dryer, dishwasher, A/C. This unit also features a beautiful rear garden recently updated making for a backyard oasis. Recent building renovations include recently replaced rubber roof with extra rf value, recently replaced boiler and hot water heater, recent insulation, and augmented common space lighting. Convenient to trains, restaurants, all neighborhood hot spots.

Last Agent to Sell the Property

Damon Bodine

Corcoran Group License #10401259415 Listed on: 05/08/2018

Corcoran Group

Co-Listed By

Riana Bodine

Corcoran Group License #10401313394

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2005

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Community Details

  • 2 Units
  • Bushwick Subdivision

Listing and Financial Details

  • Tax Block 3359

Property Details

Home Type

Multi-Family

Year Built

Built in 2005

Lot Details

0 Sq Ft Lot

Listing Details

  • Cross Street: Evergreen Avenue/Central Avenue
  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: Bushwick
  • Special Features: None
  • Property Sub Type: MultiFamily

Beds/Baths

  • Bathrooms Integer: 4
  • Bedrooms: 5

Building Info

  • Units: 2
  • Year Built: 2005

Tax Info

  • Tax Block: 3359

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 7, 2018
Sold by
Kang Unchu
Bought by
Vnc Llc
Current Estimated Value
$1,411,231

Purchase Details

Listed on
May 8, 2018
Closed on
Sep 5, 2018
Sold by
1121 Madison Realty Llc
Bought by
Kang Unchu
Seller's Agent
Damon Bodine
Corcoran Group
List Price
$1,250,000
Sold Price
$1,250,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.62%
Original Mortgage
$840,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 18, 2016
Sold by
Li James
Bought by
1121 Madison Realty Llc

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
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 12, 2014
Sold by
Local 101 Llc
Bought by
James Li

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
4.21%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 23, 2013
Sold by
1121 Madison Corp
Bought by
Local 101 Llc

Purchase Details

Closed on
Jan 7, 2013
Sold by
Beresford Tanya
Bought by
1121 Madison Corp

Purchase Details

Closed on
Jun 17, 2005
Sold by
Madison One Management Corp
Bought by
Silver Equities Corp

Purchase Details

Closed on
Nov 5, 2003
Sold by
Tawab Fouad
Bought by
Madison One Management Corp

Purchase Details

Closed on
Apr 18, 2001
Sold by
Lizardo Maribel
Bought by
Tawab Fouad
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
Vnc Llc -- --
Vnc Llc -- --
Kang Unchu $1,200,000 --
Kang Unchu $1,200,000 --
1121 Madison Realty Llc -- --
1121 Madison Realty Llc -- --
James Li $730,000 --
James Li $730,000 --
Local 101 Llc -- --
Local 101 Llc -- --
1121 Madison Corp -- --
1121 Madison Corp -- --
Silver Equities Corp $195,000 --
Silver Equities Corp $195,000 --
Madison One Management Corp $65,000 --
Madison One Management Corp $65,000 --
Tawab Fouad -- --
Tawab Fouad -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kang Unchu $840,000
Previous Owner 1121 Madison Realty Llc $499,000
Previous Owner James Li $190,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/05/2018 09/05/18 Sold $1,250,000 0.0% $306 / Sq Ft
08/06/2018 08/06/18 Pending -- -- --
05/08/2018 05/08/18 For Sale $1,250,000 -- $306 / 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 $7,271 $51,600 $8,940 $42,660
2024 $7,271 $60,180 $8,940 $51,240
2023 $7,177 $69,840 $8,940 $60,900
2022 $7,055 $76,500 $8,940 $67,560
2021 $7,133 $72,000 $8,940 $63,060
2020 $3,345 $86,040 $8,940 $77,100
2019 $6,311 $86,040 $8,940 $77,100
2018 $6,003 $29,448 $4,227 $25,221
2017 $6,003 $29,448 $5,691 $23,757
2016 $5,647 $28,246 $6,198 $22,048
2015 $3,662 $26,648 $6,569 $20,079
2014 $3,662 $25,140 $7,440 $17,700
Source: Public Records

Agents Affiliated with this Home

  • Damon Bodine

    Seller's Agent in 2018

    Damon Bodine

    Corcoran Group

    (347) 581-2058

    2 in this area

    6 Total Sales

    Damon Bodine
    Section Image
  • Riana Bodine

    Seller Co-Listing Agent in 2018

    Riana Bodine

    Corcoran Group

    (917) 654-1829

    1 in this area

    9 Total Sales

    Riana Bodine
    Section Image
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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10466490

Real Estate Board of New York (REBNY)

APN: 03359-0044

New York Kings County Brooklyn 11221 Bushwick

1121 Madison St, Brooklyn, NY

Not Listed for Sale

MultiFamily

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Real Estate Board of New York (REBNY) This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved.

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