NOT LISTED FOR SALE

499A Madison St Brooklyn, NY 11221

Bed-Stuy Neighborhood

Estimated Value: $1,582,197 - $1,780,000

Studio
-- Bath
2,520 Sq Ft
$655/Sq Ft Est. Value

Last Sold April 17, 2013

Current estimated payment $8,951/month

252 Days on Market

About This Home

As of April 2013

Classic three-story handsome Brownstone located on a pretty tree-lined block in Historical Stuyvesant Heights. This two family can be easily converted into a single family, or in its current configuration will bring in a solid rental income to pay for your mortgage. For the price of condo, you can own a brownstone in one of Brooklyn's most stunning neighborhoods. Property has original details throughout all 3 floors, such as crown molding, exposed brick wall, original wooden plank floors, 4 decorative fireplace mantles, wainscoting, and plantation shutters. Mechanicals are in working condition, and electrical can be upgraded. This brownstone needs cosmetic renovations, and upgrades, and but is in overall move-in condition.
This residential neighborhood has managed to maintain it's intimate charm, and offers several excellent Zagat rated restaurants, such as Saraghina, Celestino, Peaches, numerous coffee shops, art galleries, and a vibrant Fulton shopping concourse. With a short walk to the A/C subway... Downtown Brooklyn and Manhattan is just a 20 min ride

Last Agent to Sell the Property

Claudia Caicedo

Compass License #40CA0973335 Listed on: 07/09/2012

Compass

Co-Listed By

Fouad Rahme

Compass License #10301217357

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1901

Lot Details

  • Lot Dimensions are 28.33 x 100.0

Home Design

  • Pre War Building

Interior Spaces

  • 2-Story Property
  • Intercom

Community Details

  • 2 Units
  • Bedford Stuyvesant Subdivision

Listing and Financial Details

  • Legal Lot and Block 65 / 1639

Property Details

Home Type

Apartment

Year Built

Built in 1901

Lot Details

0

Listing Details

  • Cross Street: Marcus Garvey Boulevard/Lewis Avenue
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Bedford Stuyvesant
  • Architectural Style: Prewar
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Equipment (Other): Intercom

Garage/Parking

  • Garage: No

Lot Info

  • Lot Size Dimensions: 28.33 x 100.0

Building Info

  • Units: 2
  • Total Stories: 2
  • Year Built: 1901

Tax Info

  • Tax Block: 1639
  • Tax Lot: 65

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2012
Closed on
Apr 12, 2013
Sold by
Mcleod Anthony
Bought by
Reyes Nachelene
Seller's Agent
Claudia Caicedo
Compass
Current Estimated Value
$1,649,799

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$596,255
Outstanding Balance
$419,885
Interest Rate
3.57%
Mortgage Type
New Conventional
Estimated Equity
$1,229,914

Purchase Details

Closed on
Sep 14, 2004
Sold by
Krigger Anselma
Bought by
Mcleod Anthony

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,000
Interest Rate
5.81%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Reyes Nachelene $720,000 --
Reyes Nachelene $720,000 --
Mcleod Anthony $390,000 --
Mcleod Anthony $390,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reyes Nachelene $596,255
Closed Reyes Nachelene $596,255
Previous Owner Mcleod Anthony $78,000
Previous Owner Mcleod Anthony $312,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/17/2013 04/17/13 Sold -- -- --
03/18/2013 03/18/13 Pending -- -- --
07/09/2012 07/09/12 For Sale -- -- --
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 $4,605 $102,000 $20,820 $81,180
2024 $4,605 $95,520 $20,820 $74,700
2023 $4,394 $99,180 $20,820 $78,360
2022 $4,320 $93,540 $20,820 $72,720
2021 $4,297 $83,520 $20,820 $62,700
2020 $2,118 $84,240 $20,820 $63,420
2019 $3,997 $69,900 $20,820 $49,080
2018 $3,676 $18,032 $4,554 $13,478
2017 $3,676 $18,032 $5,307 $12,725
2016 $3,402 $17,017 $6,764 $10,253
2015 $2,052 $16,869 $10,064 $6,805
2014 $2,052 $15,924 $11,404 $4,520
Source: Public Records

Agents Affiliated with this Home

  • Claudia Caicedo

    Seller's Agent in 2013

    Claudia Caicedo

    Compass

    (917) 435-5554

    1 in this area

    9 Total Sales

    Claudia Caicedo
    Section Image
  • Fouad Rahme

    Seller Co-Listing Agent in 2013

    Fouad Rahme

    Compass

    (646) 207-6081

    3 in this area

    46 Total Sales

    Fouad Rahme
    Section Image
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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10068889

Real Estate Board of New York (REBNY)

APN: 01639-0065

New York Kings County Brooklyn 11221 Bed-Stuy

499A Madison St, Brooklyn, NY

Not Listed for Sale

MultiFamily

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