NOT LISTED FOR SALE

161 Madison St Unit 1 Brooklyn, NY 11216

Bed-Stuy Neighborhood
2 Beds
1 Bath
-- Sq Ft
2005 Built

Highlights

  • Window Unit Cooling System
  • Garden
  • 5-minute walk to John Hancock Playground

About This Home

As of February 2020

161 Medison Street #1 Two bedroom apartment for rent in Bedford-Stuyvesant. This two bedroom apartment for rent is situated in walk-up building on ground floor and features ==Exclusive Garden ==Bedrooms can fit queen size beds with more furniture ==Stainless steel furniture ==Hardwood floors ==Generous closet space in each bedroom ==Huge ceilings AC at Franklin Ave Subway Heat, hot water and cooking gas included Neighborhood offers everything groceries, restaurants, cafe's, convenient transportation and many more 161 Medison Street #1

Last Agent to Rent the Property

Shabir Ahmad

Corcoran Group License #10401294172 Listed on: 07/30/2020

Corcoran Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,473

Year Built

  • 2005

Home Design

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Additional Features

  • 3-Story Property
  • Garden
  • Window Unit Cooling System

Community Details

  • 3 Units
  • Bedford Stuyvesant Subdivision

Listing and Financial Details

  • Property Available on 9/1/20
  • Tax Block 1817

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,473

Year Built

2005

Lot Details

0

Rental Info

  • Available Date: 2020-09-01

Listing Details

  • Cross Street: Bedford Avenue & Nostrand Avenue
  • Property SubType: Multi Family
  • Property Type: Residential Lease
  • Neighborhood: Bedford - Stuyvesant
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built (Public Record): 2005

Beds/Baths

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

Exterior Features

  • Exterior Features: Garden

Garage/Parking

  • Garage: No

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes

Building Info

  • Units: 3
  • Total Stories: 3

Tax Info

  • Tax Block: 1817

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 2, 2008
Sold by
Mohamed Adeeb
Bought by
Althaibani Khaled A and Mohamed Adeeb

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,375
Outstanding Balance
$37,961
Interest Rate
6.41%

Purchase Details

Closed on
Sep 10, 2008
Sold by
Nomina Corporation
Bought by
Mbn Real Property Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,375
Outstanding Balance
$37,961
Interest Rate
6.41%

Purchase Details

Closed on
Feb 2, 2005
Sold by
161 Madison Re Properties Inc
Bought by
Mohamed Adeeb

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,500
Interest Rate
5.78%

Purchase Details

Closed on
Jul 22, 2003
Sold by
Avallone Mario J
Bought by
161 Madison Re Properties Inc

Purchase Details

Closed on
Dec 3, 1999
Sold by
Garcia Recina
Bought by
Citi Scene Properties
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
Althaibani Khaled A $587,925 --
Althaibani Khaled A $587,925 --
Mbn Real Property Holdings Llc $730,000 --
Mbn Real Property Holdings Llc $730,000 --
Mohamed Adeeb $770,000 --
Mohamed Adeeb $770,000 --
161 Madison Re Properties Inc $102,500 --
161 Madison Re Properties Inc $102,500 --
Citi Scene Properties $60,000 Chicago Title Insurance Co
Citi Scene Properties $60,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Althaibani Khaled A $57,375
Closed Althaibani Khaled A $57,375
Previous Owner Mohamed Adeeb $38,500
Previous Owner Mohamed Adeeb $616,000
Closed Mbn Real Property Holdings Llc $0
Closed Mbn Real Property Holdings Llc $608,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/30/2020 07/30/20 For Rent $2,495 -- --
02/22/2020 02/22/20 Rented -- -- --
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 $11,473 $123,900 $14,820 $109,080
2024 $11,473 $97,860 $14,820 $83,040
2023 $10,928 $112,140 $14,820 $97,320
2022 $10,683 $122,880 $14,820 $108,060
2021 $11,235 $121,260 $14,820 $106,440
2020 $5,260 $137,640 $14,820 $122,820
2019 $9,909 $109,440 $14,820 $94,620
2018 $9,081 $46,008 $7,143 $38,865
2017 $9,035 $45,792 $8,096 $37,696
2016 $8,818 $45,662 $10,897 $34,765
2015 $5,210 $43,078 $11,570 $31,508
2014 $5,210 $40,640 $10,915 $29,725
Source: Public Records

Agents Affiliated with this Home

  • Shabir Ahmad

    Landlord's Agent in 2020

    Shabir Ahmad

    Corcoran Group

    (929) 327-5878

    1 Total Sale

    Shabir Ahmad
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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10653530

Real Estate Board of New York (REBNY)

APN: 01817-0083

New York Kings County Brooklyn 11216 Bed-Stuy

161 Madison St Unit 1, Brooklyn, NY

This home is located at 161 Madison St Unit 1, Brooklyn, NY 11216 since 30 July 2020. This property was built in 2005. 161 Madison St Unit 1 is a home located in Kings County with nearby schools including P.S. 3 - The Bedford Village, Clara Muhammad School Of Masjid Khalifah, and Brooklyn Waldorf School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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. ©2025 The Real Estate Board of New York, Inc., All rights reserved.

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