NOT LISTED FOR SALE

Estimated Value: $1,434,697 - $2,561,000

5 Beds
3.5 Baths
2,800 Sq Ft
$686/Sq Ft Est. Value

Last Sold March 04, 2024

Last sale price $2,475,000 $884 Per Sq Ft

Est. 22% decrease in value since last sale

Current estimated payment $10,894/month

39 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Cooling System Mounted In Outer Wall Opening
  • High Ceiling
  • Eat-In Kitchen
  • 3-minute walk to Hattie Carthan Playground

About This Home

As of March 2024

**ULTRA LOW MONTHLY TAXES** Welcome to 235A Madison Street, a stunning gem nestled on a picturesque, tree-lined block in the Historic District of vibrant Bedford Stuyvesant. This recently meticulously renovated two-family townhouse is a testament to modern luxury fused with classic charm.

Upon entering the parlor level of 235A Madison Street's expansive triplex, you'll be captivated by the enchanting ambiance that surrounds you. The open kitchen, thoughtfully positioned towards the rear, features an abundance of storage, sleek marble countertops, and stainless steel appliances. The kitchen seamlessly flows into an elevated back patio, offering a serene outdoor retreat and access to the generously proportioned landscaped backyard.

As you ascend to the upper levels, you'll discover well-appointed bedrooms adorned with ample closet space. With a total of two full bathrooms and an additional half bath, every convenience has been considered. The primary bathroom is a masterpiece, adorned with opulent marble floors and walls, and a sumptuous soaking tub, evoking the ambiance of a luxurious spa. A laundry area thoughtfully positioned on the second level adds to your convenience, making daily chores a breeze. The top floor of the triplex boasts a skylight, infusing the space with even more invigorating natural light.

The garden apartment offers a spacious living area, a renovated kitchen and the convenience of a washer and dryer. From this level, you can also step outside into the backyard oasis.

235A Madison Street is a true standout within the historic enclave of Bedford Stuyvesant, offering a lifestyle of townhome luxury and convenience. Immerse yourself in the rich tapestry of this vibrant neighborhood, with a diverse array of restaurants, bars, boutiques, and shops at your doorstep.

This home is more than just a residence; it's a masterpiece of modern living in a classic setting, waiting for you to create your own stories and memories. Welcome to the epitome of Brooklyn living at 235A Madison Street.

Last Agent to Sell the Property

Terrence Harding

Compass License #40GI1126630 Listed on: 11/05/2023

Compass

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,168

Year Built

  • Built in 1910

Lot Details

  • 1,667 Sq Ft Lot
  • Lot Dimensions are 1667 x 1
  • Private Entrance

Interior Spaces

  • 2,800 Sq Ft Home
  • 4-Story Property
  • Sound System
  • High Ceiling
  • Wood Flooring
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Gas Cooktop
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating Available

Community Details

  • No Home Owners Association
  • 2 Units
  • Bedford Stuyvesant Subdivision

Listing and Financial Details

  • Legal Lot and Block 78 / 01818

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,168

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property SubType: Townhouse
  • Property Type: Residential
  • Neighborhood: Bedford-Stuyvesant
  • Entry Level: 1
  • Structure Type: Townhouse
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 4

Interior Features

  • Interior Features: Eat-in Kitchen, High Ceilings, Kitchen Island, Sound System
  • Appliances: Dryer, Dishwasher, Gas Cooktop, Gas Oven, Washer
  • Fireplace: No
  • Flooring: Hardwood
  • Living Area: 2800.0
  • Living Area Units: Square Feet
  • Rooms (Total): 15
  • Basement: Yes
  • Basement: Full

Beds/Baths

  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Bathrooms Integer: 4
  • Bedrooms: 5

Exterior Features

  • Exterior Features: Private Entrance

Garage/Parking

  • Garage: No
  • Attached Garage: No

Utilities

  • Laundry Features: See Remarks
  • Cooling: Other, Wall Unit(s)
  • Cooling: Yes
  • Heating: Wall Furnace
  • Heating: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee Frequency: Monthly
  • Association: No
  • Common Interest: None
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Size Units: Square Feet
  • Lot Size Area: 1667.0
  • Lot Size Dimensions: 1667 x 1

Building Info

  • New Construction: No
  • Units: 2
  • Total Stories: 4
  • Year Built: 1910

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Block: 01818
  • Tax Lot: 78
  • Tax Annual: 3168.0

Multi Family

  • Building Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 5, 2023
Closed on
Mar 4, 2024
Sold by
Peavy Kendra and Weisbecker Julien
Bought by
Graham Christopher and Maglio Dana
Seller's Agent
Terrence Harding
Compass
List Price
$2,800,000
Sold Price
$2,475,000
Premium/Discount to List
-$325,000
-11.61%
Views
145
Current Estimated Value
$1,922,174

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$552,826
Avg. Annual Appreciation
-8.86%
Original Mortgage
$1,980,000
Outstanding Balance
$1,953,092
Interest Rate
6.69%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$218,449

Purchase Details

Closed on
Aug 24, 2017
Sold by
235 A Madison Llc
Bought by
Peavy Kendra and Weisbecker Julien

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,312,500
Interest Rate
3.96%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 11, 2016
Sold by
Cummings Eric F
Bought by
235 A Madison Llc

Purchase Details

Closed on
Mar 31, 2005
Sold by
Foderingham Monica
Bought by
Cummings Eric F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$347,750
Interest Rate
6.01%

Purchase Details

Closed on
Feb 16, 1999
Sold by
Viva Development Corp
Bought by
Foderingham Monica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,200
Interest Rate
7.19%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 10, 1998
Sold by
Encino Homes Corp
Bought by
Viva Development Corp

Purchase Details

Closed on
Oct 2, 1998
Sold by
Blutcher John
Bought by
Encino Homes Corp

Purchase Details

Closed on
Jul 28, 1998
Sold by
Purcell Marion
Bought by
Blutcher John
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
Graham Christopher $2,475,000 --
Graham Christopher $2,475,000 --
Peavy Kendra $1,750,000 --
Peavy Kendra $1,750,000 --
235 A Madison Llc $999,999 --
235 A Madison Llc $999,999 --
Cummings Eric F -- --
Cummings Eric F -- --
Foderingham Monica $215,000 --
Foderingham Monica $215,000 --
Viva Development Corp $85,000 Stewart Title Insurance Co
Viva Development Corp $85,000 Stewart Title Insurance Co
Encino Homes Corp $50,000 Stewart Title Insurance Co
Encino Homes Corp $50,000 Stewart Title Insurance Co
Blutcher John $5,000 Stewart Title Insurance Co
Blutcher John $5,000 Stewart Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Graham Christopher $1,980,000
Closed Graham Christopher $1,980,000
Previous Owner Peavy Kendra $6,676
Previous Owner Peavy Kendra $1,312,500
Previous Owner Foderingham Monica $347,750
Previous Owner Foderingham Monica $213,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/04/2024 03/04/24 Sold $2,475,000 -4.8% $884 / Sq Ft
12/15/2023 12/15/23 Pending -- -- --
11/27/2023 11/27/23 Price Changed $2,600,000 -7.1% $929 / Sq Ft
11/05/2023 11/05/23 For Sale $2,800,000 -- $1,000 / Sq Ft
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 $3,332 $91,560 $12,900 $78,660
2024 $3,332 $73,680 $12,900 $60,780
2023 $3,179 $83,820 $12,900 $70,920
2022 $2,954 $67,500 $12,900 $54,600
2021 $2,940 $66,600 $12,900 $53,700
2020 $1,462 $76,860 $12,900 $63,960
2019 $2,892 $85,020 $12,900 $72,120
2018 $2,659 $13,046 $1,725 $11,321
2017 $2,513 $12,330 $2,266 $10,064
2016 $2,018 $11,643 $2,887 $8,756
2015 $1,183 $11,643 $3,246 $8,397
2014 $1,183 $11,520 $3,854 $7,666
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10960072

Real Estate Board of New York (REBNY)

APN: 01818-0078