NOT LISTED FOR SALE

Estimated Value: $1,281,000 - $1,662,496

6 Beds
3 Baths
2,720 Sq Ft
$525/Sq Ft Est. Value

Last Sold September 15, 2021

Last sale price $1,315,000 $483 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $8,628/month

Highlights

  • Wood Flooring
  • Multiple cooling system units
  • Laundry Facilities
  • Bike Room
  • Heating System Uses Steam
  • 5-minute walk to Galapo playground

About This Home

As of September 2021

Welcome to Bedford Ave, a beautiful semi-detached 2 family brick home in Madison, is an amazing catch to own and earn income. This unique property is 20 x 68 building size on a 25 x 100 lot. It is about 2720 livable space. Size will surprise you as soon as you walk thru the gorgeous 1st front door, feel the spaciousness of the open floor plan with its inviting living and dining room combination, high ceilings and hardwood floor throughout. Featuring an updated Euro style kitchen, 3 nice sized bedrooms, fully tiled bathroom and plenty of closets. The interior stair leads to the second floor which features three large bedrooms, spacious living/dining room with decorative crown molding, an updated bathroom, and a lot of closets. 8 feet slider door leads to a 12 x 9 balcony with decorative acrylic awning perfect place for entertaining whether it is shine or rain. Additional highlights include new heater, new gutter, split a/c units(heating and cooling), semi-finished basement with hospitality suite, exterior wall recently coated and painted, security cameras are installed around the house. An additional side entrance allows access to the basement and 1st floor apt. This house is on a great block and has plenty of potential. A large share driveway with a detached 2 car garage. This highly convenient and desirable location is close distance to public transportation, shopping, schools, and places of worship. Make this beautiful house in the heart of Madison your perfect home!

Last Agent to Sell the Property

Stephanie Chin

New World Realty Group LLC Listed on: 05/08/2021

Co-Listed By

Big Kee

New World Realty Group LLC

Last Buyer's Agent

Stephanie Chin

New World Realty Group LLC Listed on: 05/08/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,140

Lot Details

  • 2,500 Sq Ft Lot
  • Lot Dimensions are 100 x 25
  • Back and Front Yard

Home Design

  • 2,720 Sq Ft Home
  • Brick Exterior Construction
  • Asphalt Roof

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms

Parking

  • 3 Car Garage
  • Garage Door Opener
  • Shared Driveway

Utilities

  • Multiple cooling system units
  • Mini Split Air Conditioners
  • Heating System Uses Steam
  • Heating System Uses Gas
  • Gas Water Heater

Additional Features

  • Finished Basement

Listing and Financial Details

  • Tax Block 7329

Community Details

Overview

  • 2 Units

Amenities

  • Laundry Facilities
  • Bike Room

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,140

Lot Details

0

Listing Details

  • Basement Amenities: Finished, Semi-Finished
  • Total Bathrooms: 3.00
  • Baths Total Level1: 1.00
  • Baths Total Level2: 1.00
  • Beds Total Level1: 3
  • Beds Total Level2: 3
  • Borough: Brooklyn
  • Building Footprint Sq Ft: 1360
  • Building Length: 68.00
  • Building Width: 20.00
  • Co List Office Mls Id: 118160
  • Co List Office Phone: (718) 872-6300
  • Confirmed By M L S Y N: Yes
  • Cross Street: Ave T
  • Cross Street Name2: Ave U
  • Handicap Access Y N U: No
  • Heat Delivery: Hot Water
  • Negotiate Thru: Broker
  • Number Of Families: 2
  • Parking Attributes: 3 Spaces
  • Parking Feature Single: Shared Drive
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: Central Air - Split, Garage Door Opener(s), Laundry Area
  • Rooms Total Level1: 6
  • Rooms Total Level2: 6
  • Fill Sq Ft Total: 2720
  • Street Name I D X: Bedford
  • Street Number I D X: 4124
  • Special Features: None

Interior Features

  • Basement Full Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 6
  • Flooring: Hardwood, Tile
  • Lot Sq Ft: 2500
  • Total Rooms: 12

Exterior Features

  • Yard: Back, Front
  • Exterior Building Type: Semi-Detached
  • Construction Type: Other
  • Exterior: Brick
  • Foundation Details: Other
  • Lot Number: 20
  • Roof: Asphalt/Tar

Utilities

  • Air Conditioning Units: 4
  • Electric: Circuit Breakers
  • Heating Fuel: Gas
  • Hot Water: Gas

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 25
  • Zoning: R4

Tax Info

  • Flip Tax Amount: 9140.00

Multi Family

  • Unit Count: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2021
Closed on
Sep 15, 2021
Sold by
Arabadzhi Katrina and Shakhtmeyster Lev
Bought by
Huang Weibin and Wu Cuiqiong
Seller's Agent
Stephanie Chin
New World Realty Group LLC
Buyer's Agent
Stephanie Chin
New World Realty Group LLC
Sold Price
$1,315,000
Current Estimated Value
$1,428,374

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$113,374
Avg. Annual Appreciation
2.12%
Original Mortgage
$615,000
Outstanding Balance
$562,038
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$866,336

Purchase Details

Closed on
May 1, 2012
Sold by
Shakhtmeyster Galina and Shakhtmeyster Lev
Bought by
Arabadzhi Katrina and Shakhtmeyster Lev

Purchase Details

Closed on
May 27, 1999
Sold by
Schachter Lillian
Bought by
Shakhtmeyster Lev and Shakhtmeyster Galina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,000
Interest Rate
6.9%

Purchase Details

Closed on
Aug 21, 1997
Sold by
Schachter Mark
Bought by
Schachter Mark and Brooks Bobbie
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
Huang Weibin $1,315,000 --
Huang Weibin $1,315,000 --
Arabadzhi Katrina -- --
Arabadzhi Katrina -- --
Shakhtmeyster Lev $355,000 Titlecrafters Inc
Shakhtmeyster Lev $355,000 Titlecrafters Inc
Schachter Mark -- --
Schachter Mark -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Huang Weibin $615,000
Closed Huang Weibin $615,000
Previous Owner Shakhtmeyster Lev $11,684
Previous Owner Shakhtmeyster Lev $284,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2021 09/15/21 Sold $1,315,000 -- $483 / Sq Ft
05/08/2021 05/08/21 Pending -- -- --
Source: Brooklyn Board of REALTORS®

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 $10,137 $103,020 $14,580 $88,440
2024 $10,137 $81,360 $14,580 $66,780
2023 $10,042 $92,100 $14,580 $77,520
2022 $9,537 $75,360 $14,580 $60,780
2021 $9,649 $82,620 $14,580 $68,040
2020 $4,812 $73,500 $14,580 $58,920
2019 $8,505 $73,500 $14,580 $58,920
2018 $8,102 $41,205 $10,013 $31,192
2017 $7,816 $39,812 $9,222 $30,590
2016 $7,563 $39,380 $10,224 $29,156
2015 $4,310 $37,151 $11,623 $25,528
2014 $4,310 $35,049 $11,443 $23,606
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 450890

Brooklyn Board of REALTORS®

APN: 07329-0020