NOT LISTED FOR SALE

514 Madison St Unit 3 Brooklyn, NY 11221

Bed-Stuy Neighborhood

Estimated Value: $1,315,000 - $2,073,000

2 Beds
1 Bath
800 Sq Ft
$2,218/Sq Ft Est. Value

About This Home

As of November 2012

This two bedroom plus unit has been completely renovated , but has much of the original charm to offer a unique and charming enviroment. Original details include exposed brick walls, two decorative fireplaces with stone mantle, and parquet floors. Kitchen will have new stainless steel appliances,granite counter top, with ample cabinets and a large skylight. Bathroom has also been renovated with designer tiles and new vanity and cabinet. With a skylight in the bathroom, sunlight glistens thru to your kitchen as well. Apartment can easily be converted into a 3 bedroom. Unit is located the top floor so there no noise from above, and is a 3 flight walk-up. Short walk along lovely Lewis avenue to the Utica Avenue A/C station, make your commute to downtown Brooklyn or Manhattan a breeze. Major shopping along Fulton, with cafes and restaurants close by. Heat and Hot water are included.

Last Agent to Rent the Property

Claudia Caicedo

Compass License #40CA0973335 Listed on: 08/24/2012

Compass

Co-Listed By

Fouad Rahme

Compass License #10301217357

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,095

Year Built

  • Built in 1901

Home Design

  • Pre War Building

Interior Spaces

  • 800 Sq Ft Home
  • 4-Story Property
  • Intercom

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Community Details

  • Bedford Stuyvesant Subdivision

Listing and Financial Details

  • Property Available on 9/1/12
  • Legal Lot and Block 16 / 1644

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,095

Year Built

Built in 1901

Lot Details

0

Rental Info

  • Available Date: 2012-09-01

Listing Details

  • Cross Street: Marcus Garvey Boulevard/Lewis Avenue
  • Property SubType: Single Family Residence
  • Property Type: Residential Lease
  • Neighborhood: Bedford Stuyvesant
  • Architectural Style: Prewar
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 4

Interior Features

  • Equipment (Other): Intercom
  • Living Area: 800.0
  • Living Area Units: Square Feet
  • Rooms (Total): 4

Beds/Baths

  • Full Bathrooms: 1
  • Bathrooms Integer: 1
  • Bedrooms: 2

Garage/Parking

  • Garage: No

Lot Info

  • Lot Size Dimensions: 0.0 x 0.0

Building Info

  • New Construction: No
  • Total Stories: 4
  • Year Built: 1901

Tax Info

  • Tax Block: 1644
  • Tax Lot: 16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 1, 2006
Sold by
Davis David Lee
Bought by
Shields Debra
Current Estimated Value
$1,774,179

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$444,500
Outstanding Balance
$267,107
Interest Rate
6.31%
Estimated Equity
$1,704,668

Purchase Details

Closed on
Oct 27, 2004
Sold by
Shields Ruth L and Shields Debra
Bought by
Davis David Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Shields Debra -- --
Shields Debra -- --
Davis David Lee $480,000 --
Davis David Lee $480,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shields Debra $444,500
Closed Davis David Lee $360,000
Previous Owner Shields Debra $195,000
Previous Owner Shields Ruth L $84,000
Closed Shields Debra $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2012 11/15/12 Rented -- -- --
10/16/2012 10/16/12 Under Contract -- -- --
08/24/2012 08/24/12 For Rent -- -- --
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 $5,095 $99,300 $22,080 $77,220
2024 $5,095 $116,820 $22,080 $94,740
2023 $5,100 $117,300 $22,080 $95,220
2022 $4,735 $102,720 $22,080 $80,640
2021 $4,713 $105,480 $22,080 $83,400
2020 $2,343 $99,720 $22,080 $77,640
2019 $4,422 $90,840 $22,080 $68,760
2018 $4,266 $20,928 $5,225 $15,703
2017 $4,029 $19,764 $5,669 $14,095
2016 $3,731 $18,662 $7,229 $11,433
2015 $2,249 $18,662 $10,842 $7,820
2014 $2,249 $17,616 $11,473 $6,143
Source: Public Records

Agents Affiliated with this Home

  • Claudia Caicedo

    Landlord's Agent in 2012

    Claudia Caicedo

    Compass

    (917) 435-5554

    2 in this area

    7 Total Sales

    Claudia Caicedo
    Section Image
  • Fouad Rahme

    Landlord's Co-Listing Agent in 2012

    Fouad Rahme

    Compass

    (646) 207-6081

    4 in this area

    49 Total Sales

    Fouad Rahme
    Section Image
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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10146974

Real Estate Board of New York (REBNY)

APN: 01644-0016

New York Kings County Brooklyn 11221 Bed-Stuy

514 Madison St Unit 3, Brooklyn, NY

This home is located at 514 Madison St Unit 3, Brooklyn, NY 11221 since 24 August 2012 and is currently priced at $1,774,179. This property was built in 1901. 514 Madison St Unit 3 is a home located in Kings County with nearby schools including P.S. 308 Clara Cardwell, Unity Preparatory Charter School of Brooklyn, and The Co-Op School.

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. ©2025 The Real Estate Board of New York, Inc., All rights reserved.

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