R
Landlord's Agent in 2025
Ryan Martin
Douglas Elliman Real Estate
(631) 786-2717
1 Total Sale
485 Madison St Unit 3 Brooklyn, NY 11221
Bed-Stuy Neighborhood
2
Beds
2.5
Baths
911
Sq Ft
$2,054
Price per Sq Ft
About This Home
As of May 2025Douglas Elliman is delighted to bring to the market this rarely available, south facing, stunning! fully gut renovated 2 bed 2.5 bath brownstone floor through unit in Bedstuy. Located on arguably one of the nicest & super quietest tree lined streets in Brooklyn you have everything you could possibly need right on your door step. Your shuttle around the city made simple with The M, J & G subway line only a few moments away. Being located on such a quiet block there is very little traffic up & down Madison so FREE parking is always available if you drive or have visitors.
Residence #3 has been fully transformed and the owners spared no expense with this renovation and it shows. The walls have been stripped back, sand blasted and treated to expose the stunning brick wall finish. The kitchen has been fully fitted out with energy efficient high end stainless steel appliances, dishwasher, fridge freezer, separate compartmentalized laundry area with foyer below for shoe and coat storage, solid wood cabinets and flooring throughout. There are two full size three fixture bathrooms with tubs, both are en-suites and a powder room for guests.
All Images are 100% authentic, these photos have NOT been enhanced or virtually staged. This how the apartment looks and shows. We will be taking fully qualified applications now.
Please email or call/text for an appointment only showing
Last Agent to Rent the Property
Douglas Elliman Real Estate License #10401384913 Listed on: 05/13/2025
Property Details
Home Type
- Co-Op
Est. Annual Taxes
- $4,936
Year Built
- Built in 1899
Lot Details
- 1,786
Interior Spaces
- 911 Sq Ft Home
- 3-Story Property
- City Views
Bedrooms and Bathrooms
- 2 Bedrooms
Laundry
- Laundry in unit
- Washer Hookup
Additional Features
- Patio
- No Cooling
Community Details
- 3 Units
- Stuyvesant Heights Subdivision
Listing and Financial Details
- Property Available on 6/1/25
- Legal Lot and Block 0074 / 01639
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Feb 10, 1995
Sold by
Morales Rita
Bought by
Massiah Martin M
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,150
Interest Rate
8.8%
Mortgage Type
FHA
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Massiah Martin M | $150,000 | Commonwealth Land Title Ins |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Massiah Martin | $142,249 | |
| Closed | Massiah Martin M | $200,000 | |
| Previous Owner | Massiah Martin M | $143,150 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/13/2025 05/13/25 | Rented | $3,600 | 0.0% | -- |
| 05/13/2025 05/13/25 | Under Contract | -- | -- | -- |
| 05/13/2025 05/13/25 | For Rent | $3,600 | -- | -- |
Source: Real Estate Board of New York (REBNY)
Tax History Compared to Growth
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 | $4,936 | $89,820 | $17,520 | $72,300 |
| 2024 | $4,936 | $91,440 | $17,520 | $73,920 |
| 2023 | $4,715 | $94,800 | $17,520 | $77,280 |
| 2022 | $4,090 | $84,360 | $17,520 | $66,840 |
| 2021 | $4,062 | $87,780 | $17,520 | $70,260 |
| 2020 | $3,046 | $90,420 | $17,520 | $72,900 |
| 2019 | $3,991 | $100,020 | $17,520 | $82,500 |
| 2018 | $3,646 | $19,347 | $3,840 | $15,507 |
| 2017 | $3,425 | $18,270 | $4,810 | $13,460 |
| 2016 | $3,140 | $17,256 | $5,543 | $11,713 |
| 2015 | $1,859 | $17,241 | $7,652 | $9,589 |
| 2014 | $1,859 | $17,067 | $9,095 | $7,972 |
Source: Public Records
Agents Affiliated with this Home
-
Ryan Martin
-
Gerard Smith
Landlord's Co-Listing Agent in 2025
Gerard Smith
Douglas Elliman Real Estate
(917) 623-1646
4 in this area
22 Total Sales
Map
Source: Real Estate Board of New York (REBNY)
MLS Number: RLS20023267
APN: 01639-0074
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.
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved.
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