NOT LISTED FOR SALE

390 Madison St Brooklyn, NY 11221

Bed-Stuy Neighborhood

Estimated Value: $1,825,000 - $2,354,000

Studio
-- Bath
2,700 Sq Ft
$784/Sq Ft Est. Value

Sale Details

Date Sold: April 11, 2019

Last sale price $1,795,000 $665 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $11,736 / mo

131 Days on Market

About This Home

As of April 2019

Welcome to 390 Madison Street! A 20 wide brownstone just off of trendy Tompkins Avenue. From the moment you walk in, youll feel like youre in a museum. The details in this home have been perfectly preserved over the years, showcasing four classic fireplaces, wedding cake ceilings, crown moldings, 9 exterior and 8 interior townhouse doors, original staircases and hardwood floors. The house is currently configured as a two family townhouse, with a top duplex that has interior access to the cellar, over a garden rental unit, which can be used as a one or two bedroom apartment. Both units get access to the backyard.But, wait! Theres more. A full width, south-facing sun room with glass ceilings and walls is located on the parlor level at the back of the house, perfect for lounging and basking. Nestled amongst many hotspots, including Eugene and Co, Nagels Bagels, Bed-Vyne Wine, Lovers Rock, Sincerely Tommy and much, much more!Building size is 20' X 45', on a 100' deep lot.

Last Agent to Sell the Property

Daniel Cohen

Corcoran Group License #10401261296 Listed on: 10/31/2018

Corcoran Group

Co-Listed By

Andrew Schwartz

Corcoran Group License #10401306188

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1899

Additional Features

  • 3-Story Property
  • Lot Dimensions are 100.0 x 20.0

Community Details

  • 2 Units
  • 390 Madison St Condos
  • Bedford Stuyvesant Subdivision

Listing and Financial Details

  • Legal Lot and Block 24 / 1825

Property Details

Home Type

Multi-Family

Year Built

Built in 1899

Lot Details

0 Sq Ft Lot

Listing Details

  • Cross Street: Throop Avenue & Tompkins Avenue
  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: Bedford - Stuyvesant
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Garage/Parking

  • Garage: No

Lot Info

  • Lot Size Dimensions: 100.0 x 20.0

Building Info

  • Building Name: 390 Madison St
  • Units: 2
  • Total Stories: 3
  • Year Built: 1899

Tax Info

  • Tax Block: 1825
  • Tax Lot: 24

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 31, 2018
Closed on
Apr 11, 2019
Sold by
390 Madison Management Llc
Bought by
Claussen Carl Leonard
Seller's Agent
Daniel Cohen
Corcoran Group
List Price
$1,695,000
Sold Price
$1,795,000
Premium/Discount to List
$100,000
5.9%
Current Estimated Value
$2,116,648

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$321,648
Avg. Annual Appreciation
2.37%

Purchase Details

Closed on
Oct 1, 2018
Sold by
Newby David L
Bought by
390 Madison Management Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 9, 2003
Sold by
Ochs Martin P and % Ochs & Goldberg Llp
Bought by
Newby David L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.01%
Mortgage Type
Purchase Money Mortgage
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
Claussen Carl Leonard $1,700,000 --
390 Madison Management Llc $1,200,000 --
Newby David L $18,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 390 Madison Management Llc $1,100,000
Previous Owner Newby David L $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/11/2019 04/11/19 Sold $1,795,000 +5.9% $665 / Sq Ft
03/12/2019 03/12/19 Pending -- -- --
11/01/2018 11/01/18 For Sale $1,695,000 -- $628 / 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 $6,030 $126,000 $15,840 $110,160
2024 $6,030 $106,680 $15,840 $90,840
2023 $4,780 $95,340 $15,840 $79,500
2022 $4,209 $79,680 $15,840 $63,840
2021 $4,410 $74,100 $15,840 $58,260
2020 $2,192 $89,880 $15,840 $74,040
2019 $4,347 $82,560 $15,840 $66,720
2018 $3,999 $19,615 $3,579 $16,036
2017 $3,773 $18,511 $4,340 $14,171
2016 $3,491 $17,464 $5,528 $11,936
2015 $2,106 $17,464 $6,217 $11,247
2014 $2,106 $17,317 $7,397 $9,920
Source: Public Records

Agents Affiliated with this Home

  • Daniel Cohen

    Seller's Agent in 2019

    Daniel Cohen

    Corcoran Group

    (862) 823-2674

    93 in this area

    225 Total Sales

    Daniel Cohen
    Section Image
  • Andrew Schwartz

    Seller Co-Listing Agent in 2019

    Andrew Schwartz

    Corcoran Group

    (646) 753-0531

    14 Total Sales

    Andrew Schwartz
    Section Image
See All Agents

Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10517227

Real Estate Board of New York (REBNY)

APN: 01825-0024

New York Kings County Brooklyn 11221 Bed-Stuy

390 Madison St, Brooklyn, NY

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Real Estate Board of New York (REBNY) 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.

RLS Data display by Homes.com LLC

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.