NOT LISTED FOR SALE

165 Madison St Unit A Brooklyn, NY 11216

Bed-Stuy Neighborhood

Estimated Value: $1,242,000 - $1,642,000

1 Bed
1.5 Baths
-- Sq Ft
$278/mo HOA Fee

Last Sold September 27, 2021

Last sale price $1,198,000

Est. 20% increase in value since last sale

Current estimated payment $8,276/month

14 Days on Market

Highlights

  • Rooftop Deck
  • Intercom
  • Garden
  • New Windows
  • Patio
  • 5-minute walk to John Hancock Playground

About This Home

As of September 2021

A LOVELY PRIVATE GARDEN, TWO FLOORS OF FLEXIBLE SPACE AND SUPER LOW MONTHLIES!

This Duplex Garden Condo is the gem you've been waiting for!

Nestled on a quiet, tree-lined Bed-Stuy block, Apartment A at 165 Madison St. is a garden duplex with so much space, you'll have no problem spreading out! It has at least 1,800SF of interior space and over 500SF of private backyard a mature, landscaped garden at that!

On the upper level, your living room faces south so you get light all day long. The open kitchen has Caesarstone countertops and energy-efficient stainless steel appliances. Wake up to birds chirping in the outsized main bedroom, facing the private garden. There's room enough for a home office or library in this bedroom. The bathroom features elegant Italian tiles and a double vanity.

The lower recreation space has a bath and a full-sized washer-dryer. Currently carved out to include a sleeping area and a media lounge, you can easily configure the space to suit your needs. The lower level gets good natural light through a wall of windows, and also has access to the backyard garden.

The apartment features central AC and recessed lighting throughout. Although it's part of a small condo building, this duplex lives like a house!

This self-managed condo has super low common charges and real estate taxes. Ideally located near the Clinton Hill/Bed Stuy border, the apartment is an easy commute with access to the A/C at Nostrand, C/S at Franklin, G at Bedford Nostrand, and LIRR at Nostrand. You'll be spoiled for food choices from the numerous neighborhood restaurants, cafes and supermarkets. Not to mention the many playgrounds, parks and the YMCA nearby.

Don't miss this opportunity!

Last Agent to Sell the Property

Carolina Chia

Compass License #10401233612 Listed on: 06/30/2021

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,656

Year Built

  • Built in 2012

Lot Details

  • 9,932

HOA Fees

  • $278 Monthly HOA Fees

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 4-Story Property
  • New Windows
  • Intercom
  • Washer Dryer Allowed

Bedrooms and Bathrooms

  • 1 Bedroom

Additional Features

  • Patio
  • Garden
  • Central Air

Listing and Financial Details

  • Legal Lot and Block 7501 / 1817

Community Details

Overview

  • 165 167 Madison Condos
  • Bedford Stuyvesant Subdivision

Amenities

  • Rooftop Deck

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,656

Year Built

Built in 2012

Lot Details

0

HOA Fees

$278 per month

Listing Details

  • Cross Street: Bedford Avenue/Nostrand Avenue
  • Exposures: North,South
  • Property SubType: Duplex
  • Property Type: Residential
  • Neighborhood: Bedford Stuyvesant
  • Entry Level: 1
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Appliances: Washer Dryer Allowed
  • Equipment (Other): Intercom
  • Living Area Units: Square Feet
  • Rooms (Total): 5
  • Window Features: New Windows

Beds/Baths

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

Exterior Features

  • Exterior Features: Building Roof Deck, Garden
  • Patio/Porch Features: Patio

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 278.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Size Dimensions: 0.0 x 0.0

Building Info

  • New Construction: No
  • Building Name: 165-167 Madison Condos
  • Total Stories: 4
  • Year Built: 2012

Tax Info

  • Tax Block: 1817
  • Tax Lot: 7501
  • Tax Annual: 4656.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2021
Closed on
Sep 24, 2021
Sold by
Pollard Mark L
Bought by
Jones Laura and Jones Matthew
Seller's Agent
Carolina Chia
Compass
List Price
$1,198,000
Sold Price
$1,198,000
Current Estimated Value
$1,440,885

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$242,885
Avg. Annual Appreciation
4.63%
Original Mortgage
$980,000
Outstanding Balance
$893,669
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$547,216

Purchase Details

Closed on
Jan 14, 2013
Sold by
165 Madison Llc
Bought by
Pollard Mark L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,000
Interest Rate
3.35%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Jones Laura $1,225,000 --
Pollard Mark L $580,247 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jones Laura $980,000
Previous Owner Pollard Mark L $460,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/27/2021 09/27/21 Sold $1,198,000 0.0% --
07/21/2021 07/21/21 Pending -- -- --
07/06/2021 07/06/21 For Sale $1,198,000 -- --
10/16/2014 10/16/14 Sold -- -- -- View Prior Sale
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 $5,294 $138,312 $3,816 $134,496
2024 $5,294 $115,258 $3,816 $111,442
2023 $3,582 $96,048 $3,816 $92,232
2022 $4,969 $94,392 $3,816 $90,576
2021 $3,600 $75,528 $3,816 $71,712
2020 $2,121 $73,296 $3,816 $69,480
2019 $4,108 $61,085 $3,816 $57,269
2018 $3,973 $31,239 $2,342 $28,897
2017 $3,973 $31,239 $2,636 $28,603
2016 $3,768 $29,224 $3,085 $26,139
2015 -- $27,060 $3,431 $23,629
2014 -- $25,056 $3,816 $21,240
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10730131

Real Estate Board of New York (REBNY)

APN: 01817-1001