NOT LISTED FOR SALE

1261 Madison St Brooklyn, NY 11221

Bushwick Neighborhood

Estimated Value: $1,134,000 - $2,132,000

Studio
-- Bath
3,524 Sq Ft
$427/Sq Ft Est. Value

Sale Details

Date Sold: December 13, 2013

Current estimated payment $8,443 / mo

50 Days on Market

About This Home

As of December 2013

This home is located at 1261 Madison St, Brooklyn, NY 11221 since 24 September 2013 and is currently estimated at $1,505,485, approximately $427 per square foot. 1261 Madison St is a home located in Kings County with nearby schools including J.H.S. 291 Roland Hayes, I.S. 349 The School of Math, Science and Technology, and Achievement First North Brooklyn Prep Charter School.

Last Agent to Sell the Property

Giovanni Castro

Corcoran Group License #10301208531 Listed on: 09/24/2013

Corcoran Group

Property Details

Home Type

  • Multi-Family

Home Design

Community Details

  • 3 Units

Listing and Financial Details

  • Legal Lot and Block 0042 / 3361

Property Details

Home Type

Multi-Family

Lot Details

0 Sq Ft Lot

Listing Details

  • Property SubType: Multi Family
  • Property Type: Residential
  • Special Features: None
  • Property Sub Type: MultiFamily

Building Info

  • Units: 3

Tax Info

  • Tax Block: 3361
  • Tax Lot: 0042

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 24, 2013
Closed on
Dec 12, 2013
Sold by
Bought by
Seller's Agent
Giovanni Castro
Corcoran Group
List Price
$610,000
Current Estimated Value
$1,505,485

Purchase Details

Closed on
May 18, 2010
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$555,000
Interest Rate
5.03%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 2, 2009
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$640,000 --
-- --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $555,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/13/2013 12/13/13 Sold -- -- --
11/13/2013 11/13/13 Pending -- -- --
09/24/2013 09/24/13 For Sale $610,000 -- $173 / Sq Ft
Source: Real Estate Board of New York (REBNY)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $4,310 $124,080 $9,660 $114,420
2025 $4,273 $114,780 $9,660 $105,120
2024 $4,273 $96,600 $9,660 $86,940
2023 $4,161 $85,380 $9,660 $75,720
2022 $4,008 $69,900 $9,660 $60,240
2021 $3,989 $71,400 $9,660 $61,740
2020 $1,871 $58,920 $9,660 $49,260
2019 $3,709 $58,920 $9,660 $49,260
2018 $3,480 $17,072 $2,930 $14,142
2017 $3,353 $16,446 $2,279 $14,167
2016 $3,169 $15,851 $2,964 $12,887
2015 $1,223 $10,152 $2,425 $7,727
2014 $1,223 $10,026 $2,832 $7,194
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2013

    Giovanni Castro

    Corcoran Group

    (917) 880-2047

    1 in this area

    12 Total Sales

    Giovanni Castro
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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10033475

Real Estate Board of New York (REBNY)

APN: 03361-0042

New York Kings County Brooklyn 11221 Bushwick

1261 Madison St, Brooklyn, NY

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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.

RLS Data display by Homes.com LLC

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