Seller's Agent in 2023
James Kerby
Douglas Elliman Real Estate
(917) 318-5017
1 in this area
14 Total Sales
204 Madison St Brooklyn, NY 11216
Bed-Stuy NeighborhoodEstimated Value: $1,623,965 - $1,962,000
4
Beds
3.5
Baths
3,200
Sq Ft
$547/Sq Ft
Est. Value
About This Home
As of July 2023Quaint wood frame home with 3 apartments and a large South-facing rear yard awaiting your thoughtful upgrades.
This home is currently set up with a 2 bedroom 1.5 bath lower duplex and 2 floor through 1.5 bedroom, 1 bath apartments above. The duplex tenants enter under the stoop and the upper apartments enter up the stoop. The lower duplex has direct access to the back yard, and to the cellar for storage. The yard is a full 20' wide and stretches to the end of the South facing 100' lot.
Another layout option is to convert to a triplex over garden apartment layout where the garden apartment would get a patio, and the triplex apartment could have a deck, and access to the back yard. The home is built 4 floors, 20' x 40' on a 100' lot. City records indicate that there is 800 sqft of buildable area.
The parlor floor is well-preserved with nice tall windows and shutters, pretty ceiling moldings and lots of original wood trim and shutters. The original detail in the stoop vestibule is largely intact, too, giving the upstairs tenants a nice entrance. In various parts of the home you will find original sub flooring and other original details.
The home features a recent forced air heating system, recent hot water heater, upgraded electrical panels, and new steel beam and posts in the cellar. The cellar is dry. With some updates the home can offer you many years of reliable enjoyment. Be sure to bring a home inspector to suggest upgrades to some of the local plumbing in the cellar, and the roof.
The tenants are on month to month free market occupancy, but of course they would love to stay.
ALL SHOWINGS AND OPEN HOUSE APPOINTMENTS ARE BY APPOINTMENT ONLY!
This home is located on Madison Street between Bedford and Nostrand Aves - so it's very convenient to the A/C trains at Bedford Nostrand (Fulton), and G train at Bedford/Nostrand (Lafayette) and the LIRR at Nostrand (Atlantic Ave). There is excellent bus service in the area and a large number of supermarkets, restaurants and cafe's nearby
Last Agent to Sell the Property
Douglas Elliman Real Estate License #10301209440 Listed on: 04/17/2023
Property Details
Home Type
- Multi-Family
Lot Details
- 2,004
Home Design
Interior Spaces
- 3,200 Sq Ft Home
- 4-Story Property
- Washer Dryer Allowed
Bedrooms and Bathrooms
- 4 Bedrooms
Community Details
- Bedford Stuyvesant Subdivision
Listing and Financial Details
- Tax Block 01822
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 17, 2023
Closed on
Jul 28, 2023
Sold by
Gaillot Pascale
Bought by
Chinnici Christina
Seller's Agent
James Kerby
Douglas Elliman Real Estate
List Price
$1,450,000
Sold Price
$1,550,000
Premium/Discount to List
$100,000
6.9%
Views
76
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$201,241
Avg. Annual Appreciation
4.88%
Original Mortgage
$1,240,000
Outstanding Balance
$1,211,745
Interest Rate
6.81%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$539,496
Purchase Details
Closed on
Jun 5, 2007
Sold by
Whitehead Charloe
Bought by
Gaillot Pascale
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
6.19%
Mortgage Type
Purchase Money Mortgage
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Chinnici Christina | $1,550,000 | -- | |
| Gaillot Pascale | $560,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Chinnici Christina | $1,240,000 | |
| Previous Owner | Gaillot Pascale | $420,000 | |
| Closed | Gaillot Pascale | $28,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/28/2023 07/28/23 | Sold | $1,550,000 | +6.9% | $484 / Sq Ft |
| 05/12/2023 05/12/23 | Pending | -- | -- | -- |
| 04/17/2023 04/17/23 | For Sale | $1,450,000 | -- | $453 / 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 |
|---|---|---|---|---|
| 2025 | $3,886 | $123,600 | $14,700 | $108,900 |
| 2024 | $3,886 | $97,620 | $14,700 | $82,920 |
| 2023 | $3,710 | $108,060 | $14,700 | $93,360 |
| 2022 | $3,447 | $118,380 | $14,700 | $103,680 |
| 2021 | $3,431 | $96,120 | $14,700 | $81,420 |
| 2020 | $1,705 | $101,220 | $14,700 | $86,520 |
| 2019 | $3,373 | $100,440 | $14,700 | $85,740 |
| 2018 | $3,104 | $15,225 | $2,967 | $12,258 |
| 2017 | $2,933 | $14,389 | $2,569 | $11,820 |
| 2016 | $2,716 | $13,584 | $3,276 | $10,308 |
| 2015 | $1,637 | $13,584 | $3,343 | $10,241 |
| 2014 | $1,637 | $13,436 | $3,967 | $9,469 |
Source: Public Records
Agents Affiliated with this Home
-
James Kerby
Map
Source: Real Estate Board of New York (REBNY)
MLS Number: RLS10872364
APN: 01822-0050
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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.
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