NOT LISTED FOR SALE

Estimated Value: $2,344,000 - $3,012,000

6 Beds
4.5 Baths
3,168 Sq Ft
$834/Sq Ft Est. Value

Sale Details

Date Sold: June 7, 2021

Last sale price $2,900,000 $915 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $14,692 / mo

28 Days on Market

About This Home

As of June 2021

"Grand" is not a term to be thrown around lightly, but it is the only word that best exemplifies this magnificent home at 177 Madison Street on the cusp of the neighborhoods of Clinton Hill and Bed Stuy. An impressive and rare 22' wide and resting on a 100' lot, the impressive renovation done here will wow you at every turn. Take a moment to soak in the beauty of its brick facade, then head up the stoop stairs to your owner's triplex. Solid, double wooden doors welcome you into the expansive parlor floor. Each detail is noteworthy but take extra care to enjoy the honey brown of the wide European hardwood floors that leads you through the open concept living and dining areas and then to the customized Bauformat kitchen. German-designed, Bauformat kitchens are a master class in how a true chef's kitchen should be. The white cabinets and endless countertops stretch along a wall of windows, allowing you to gaze out onto your backyard while preparing a meal for two (or twenty). Professional grade appliances by Subzero, Wolf, and Miele dovetail to create a most droolworthy kitchen. The center island has room for abundant seating where an evening meal isn't just a meal?but an event. Spring will be here before you know it, so bring the party out to the balcony and down into the deep backyard. The possibilities abound for gardening, grilling and lazy afternoons in a hammock. An elegant powder room completes the parlor level. Head up the beautifully restored staircase and find three enormous bedrooms: one with walk-in closet and even a separate laundry room with linen closet. The closets in all of the bedrooms have been meticulously designed and include customized shelving. Two spa-like full bathrooms, are also custom made from head to toe: with book-matched marble slabs, built-in toilets and simply divine fixtures. . Oversized windows and high ceilings on this (and every level) add to the wonderful light and airiness throughout. You may want to grip the staircase rails tightly as you ascend to the master floor since the sight of it could make you weak in the knees. The master bedroom itself is an astounding 20'8' x 16'11' (that's almost half of the floor and larger than many studio apartments) and looks over the yard and brownstone gardens with its wall of windows. An adjoining custom closet of such enormous dimensions that it will make any fashionista swoon. Cancel all future spa appointments because the en suite master bath is all the zen spa you will need. Every detail has been well-conceived and gorgeously executed: from floor-to-ceiling, book-matched and massive marble slabs to its floating, double-sink vanity bookended by floor to ceiling custom cabinets and storage, to the dramatic stand-alone tub with showerhead and finally to the walk-in shower stall with dual showers and built-in toilets. As is all of this isn't enough, this top floor also features a sizable office space that allows you to work from home with ease and privacy. Most basements are a dingy afterthought but here, the basement is thoughtfully finished and fully renovated as well. A remarkable 160-bottle wine fridge will make this the envy of any oenologist. Only the owners have access to this well-designed space that also includes your mechanicals and would make the perfect home gym, game room, auxiliary office, entertainment/screening room?you decide! And why not earn excellent income from the equally elegant garden level two-bedroom, one bathroom apartment that includes laundry? You see? Grand. 177 Madison Street is, without a doubt, one of the most exceptional homes to come on the market in this thriving and beautiful neighborhood where Clinton Hill and BedStuy meet. Everything you could need from the outside world?from restaurants and bars and shops to mass transit is right outside your door. But, once inside, you may find it hard to ever leave.

Last Agent to Sell the Property

Michel Ohana

Corcoran Group License #10401293889 Listed on: 03/05/2021

Corcoran Group

Co-Listed By

MARK MARTOV

Corcoran Group License #10401264653

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1899

Home Design

  • Pre War Building

Bedrooms and Bathrooms

  • 6 Bedrooms

Additional Features

  • 3-Story Property
  • Lot Dimensions are 100.0 x 22.0

Community Details

  • 2 Units
  • Bedford Stuyvesant Subdivision

Listing and Financial Details

  • Tax Block 1817

Property Details

Home Type

Multi-Family

Year Built

Built in 1899

Lot Details

0 Sq Ft Lot

Listing Details

  • Cross Street: Bedford Avenue & Nostrand Avenue
  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: Bedford - Stuyvesant
  • Architectural Style: Prewar
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Beds/Baths

  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Bathrooms Integer: 5
  • Bedrooms: 6

Garage/Parking

  • Garage: No

Lot Info

  • Lot Size Dimensions: 100.0 x 22.0

Building Info

  • Units: 2
  • Total Stories: 3
  • Year Built: 1899

Tax Info

  • Tax Block: 1817

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2021
Closed on
Jun 7, 2021
Sold by
177 Madison Realty Llc
Bought by
Hurkman Eric A
Seller's Agent
Michel Ohana
Corcoran Group
List Price
$2,799,999
Sold Price
$2,900,000
Premium/Discount to List
$100,001
3.57%
Current Estimated Value
$2,643,655

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$256,345
Avg. Annual Appreciation
-1.87%
Original Mortgage
$2,000,000
Outstanding Balance
$1,782,909
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$860,746

Purchase Details

Closed on
Jun 19, 2019
Sold by
Rapaport Mikael
Bought by
177 Madison Realty Llc

Purchase Details

Closed on
May 23, 2019
Sold by
Catus Awilda and Parrott Boyd Dennis
Bought by
Rapaport Mikael
Source: Public Records

Range of Values:

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

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Hurkman Eric A $2,900,000 --
177 Madison Realty Llc -- --
Rapaport Mikael $1,300,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hurkman Eric A $2,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/07/2021 06/07/21 Sold $2,900,000 +3.6% $915 / Sq Ft
04/04/2021 04/04/21 Pending -- -- --
03/06/2021 03/06/21 For Sale $2,799,999 -- $884 / 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
2026 $8,108 $151,680 $13,320 $138,360
2025 $8,079 $174,120 $13,320 $160,800
2024 $8,079 $137,520 $13,320 $124,200
2023 $6,154 $129,360 $13,320 $116,040
2022 $5,853 $105,900 $13,320 $92,580
2021 $4,290 $88,500 $13,320 $75,180
2019 $2,698 $82,860 $13,320 $69,540
2018 $2,483 $12,182 $2,143 $10,039
2017 $2,343 $11,493 $1,901 $9,592
2016 $2,172 $10,866 $2,427 $8,439
2015 $1,308 $10,846 $2,726 $8,120
2014 $1,308 $10,747 $3,243 $7,504
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10703180

Real Estate Board of New York (REBNY)

APN: 01817-0075

Your Personal Tour Guide

Ask me questions while you tour the home.