NOT LISTED FOR SALE

165 Madison St Unit C Brooklyn, NY 11216

Bed-Stuy Neighborhood

Estimated Value: $1,071,000 - $1,322,940

2 Beds
2 Baths
1,318 Sq Ft
$294/ mo HOA Fee

Last Sold March 11, 2019

Last sale price $1,045,000 $793 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $7,236/month

94 Days on Market

Highlights

  • New Construction
  • Central Air
  • 5-minute walk to John Hancock Playground
  • Terrace
  • North Facing Home

About This Home

As of March 2019

Bed-Stuy Triplex Bliss! Terrace Living! 3 Outdoor Spaces!Custom Bookshelves and Storage2 Bedrooms 2 Bathrooms Washer/DryerAdditional Storage in Basement YMCA! Do or Dive! Clementine's Bakery! Speedy Romeo! Fulton Street Retail Corridor! Short Distance to A/C at Nostrand Ave or G at Bedford/Nostrand

Last Agent to Sell the Property

Eve Levine

Corcoran Group License #10301204948 Listed on: 11/06/2018

Corcoran Group

Co-Listed By

Paul Rosen

Corcoran Group License #10301207496

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,924

HOA Fees

  • $294 Monthly HOA Fees

Home Design

  • New Construction
  • Entry on the 2nd floor

Interior Spaces

  • 1,318 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Terrace
  • North Facing Home
  • Central Air

Community Details

  • 6 Units
  • 165 167 Madison Condos
  • Bedford Stuyvesant Subdivision

Listing and Financial Details

  • Tax Block 1817

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,924

Lot Details

0 Sq Ft Lot

HOA Fees

$294 per month

Listing Details

  • Cross Street: Bedford Avenue & Nostrand Avenue
  • Exposures: North
  • Property SubType: Triplex
  • Property Type: Residential
  • Neighborhood: Bedford - Stuyvesant
  • Entry Level: 2
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Living Area: 1318.0
  • Living Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Patio/Porch Features: Terrace, Rooftop

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: 294.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium

Lot Info

  • Lot Size Dimensions: 100.0 x 19.0

Building Info

  • New Construction: Yes
  • Building Name: 165-167 Madison Condos
  • Units: 6
  • Total Stories: 2

Tax Info

  • Tax Block: 1817
  • Tax Annual: 3924.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 6, 2018
Closed on
Mar 11, 2019
Sold by
Spagnolo Adam D and Spagnolo Sarah B
Bought by
Gerst Aimee and Roeder Matthew
Seller's Agent
Eve Levine
Corcoran Group
List Price
$1,100,000
Sold Price
$1,045,000
Premium/Discount to List
-$55,000
-5%
Current Estimated Value
$1,230,485

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$185,485
Avg. Annual Appreciation
2.35%
Original Mortgage
$836,000
Outstanding Balance
$733,495
Interest Rate
4.4%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$496,990

Purchase Details

Listed on
May 1, 2013
Closed on
Apr 29, 2013
Sold by
165 Madison Llc
Bought by
Spagnolo Adam D and Spagnolo Sarah B
Seller's Agent
Toni Martin
Corcoran Group

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$479,446
Interest Rate
3.45%
Mortgage Type
New Conventional
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
Gerst Aimee $1,045,000 --
Spagnolo Adam D $589,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gerst Aimee $836,000
Previous Owner Spagnolo Adam D $479,446
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/11/2019 03/11/19 Sold $1,045,000 -5.0% $793 / Sq Ft
02/09/2019 02/09/19 Pending -- -- --
11/07/2018 11/07/18 For Sale $1,100,000 -- $835 / Sq Ft
05/01/2013 05/01/13 Sold -- -- -- View Prior Sale
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 $5,625 $146,957 $4,055 $142,902
2024 $5,625 $122,462 $4,055 $118,407
2023 $3,806 $102,052 $4,055 $97,997
2022 $5,279 $100,292 $4,055 $96,237
2021 $4,952 $80,249 $4,055 $76,194
2020 $2,254 $77,878 $4,055 $73,823
2019 $3,401 $64,903 $4,055 $60,848
2018 $3,925 $33,190 $2,488 $30,702
2017 $4,002 $33,190 $2,801 $30,389
2016 $3,699 $31,051 $3,278 $27,773
2015 -- $28,751 $3,645 $25,106
2014 -- $26,622 $4,054 $22,568
Source: Public Records

Agents Affiliated with this Home

  • Eve Levine

    Seller's Agent in 2019

    Eve Levine

    Corcoran Group

    (347) 526-1383

    1 in this area

    2 Total Sales

    Eve Levine
    Section Image
  • Paul Rosen

    Seller Co-Listing Agent in 2019

    Paul Rosen

    Corcoran Group

    (917) 536-8893

    1 in this area

    13 Total Sales

    Paul Rosen
    Section Image
  • Toni Martin

    Seller's Agent in 2013

    Toni Martin

    Corcoran Group

    (718) 288-7703

    15 in this area

    38 Total Sales

    Toni Martin
    Section Image
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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10518629

Real Estate Board of New York (REBNY)

APN: 01817-1003

New York Kings County Brooklyn 11216 Bed-Stuy

165 Madison St Unit C, Brooklyn, NY

Not Listed for Sale

Condos

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