NOT LISTED FOR SALE

Estimated Value: $1,805,000 - $2,411,000

12 Beds
3 Baths
3,420 Sq Ft
$605/Sq Ft Est. Value

Last Sold June 03, 2021

Last sale price $1,725,000 $504 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $11,377/month

52 Days on Market

About This Home

As of June 2021

Opportunity Knocks! Welcome to 592 Madison Street, an elegant and classic 2 family brownstone in Bedford-Stuyvesant. Measuring 19 x 45 on a 100 lot, this 4 story home is approximately 3,400 sf and full of potential. Much of the details have been preserved, including original wood moldings, hardwood parquet floors, and bay window shutters.
Currently set up as a double duplex, you can easily live in one and collect rent from the other. The upper duplex is a brightly lit and spacious 5bd/2bth unit. The lower duplex which includes the grand parlor level and access to the garden is a 3bd/1bth unit. Excellent closets throughout and outfitted with ductless central air system. Additionally, there is an unfinished basement showcasing the brick archways of this solid home and offering an opportunity to create even more usable space in this home. Located between Lewis ave and Stuyvesant ave, just a stroll away from popular spots such as Saraghina, Peaches, Chez Oscar, Grandchamps and more. Delivered vacant. Safe on site showings are available. Reach out to find out more!

Last Agent to Sell the Property

Betty Lee

Corcoran Group License #30LE0932841 Listed on: 09/28/2020

Corcoran Group

Co-Listed By

Sable Lynch

Bond New York Properties LLC License #10401293641

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1899

Home Design

  • Pre War Building

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 3 Full Bathrooms

Additional Features

  • 3-Story Property
  • Lot Dimensions are 19.0 x 100.0

Community Details

  • 2 Units
  • Bedford Stuyvesant Subdivision

Listing and Financial Details

  • Tax Block 1645

Property Details

Home Type

Multi-Family

Year Built

Built in 1899

Lot Details

0 Sq Ft Lot

Listing Details

  • Cross Street: Stuyvesant Avenue & Lewis Avenue
  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: Bedford - Stuyvesant
  • Architectural Style: Prewar
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Beds/Baths

  • Full Bathrooms: 3
  • Bathrooms Integer: 3
  • Bedrooms: 12

Garage/Parking

  • Garage: No

Lot Info

  • Lot Size Dimensions: 19.0 x 100.0

Building Info

  • Units: 2
  • Total Stories: 3
  • Year Built: 1899

Tax Info

  • Tax Block: 1645

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 28, 2020
Closed on
Jun 3, 2021
Sold by
Langerova Petra
Bought by
Bishnath Savitri and Mitchell Michael
Seller's Agent
Betty Lee
Corcoran Group
List Price
$1,695,000
Sold Price
$1,725,000
Premium/Discount to List
$30,000
1.77%
Current Estimated Value
$2,070,288

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$345,288
Avg. Annual Appreciation
3.88%
Original Mortgage
$1,190,000
Outstanding Balance
$1,072,692
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$997,596

Purchase Details

Closed on
May 21, 2012
Sold by
Equaros Inc
Bought by
Langerova Petra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$532,000
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 25, 2011
Sold by
Drezin Esq Referee Alan
Bought by
Equaros Inc

Purchase Details

Closed on
Aug 28, 2003
Sold by
Moore Marie
Bought by
Butler Jeffrey and Butler Kimberly M

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
5.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 30, 1996
Sold by
Moore Rosemarie
Bought by
Moore Marie
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
Bishnath Savitri $1,725,000 --
Bishnath Savitri $1,725,000 --
Bishnath Savitri $1,725,000 --
Langerova Petra $665,000 --
Langerova Petra $665,000 --
Equaros Inc $395,000 --
Equaros Inc $395,000 --
Butler Jeffrey -- --
Butler Jeffrey -- --
Moore Marie $50,000 --
Moore Marie -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bishnath Savitri $1,190,000
Closed Bishnath Savitri $1,190,000
Previous Owner Langerova Petra $532,000
Previous Owner Butler Jeffrey $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/03/2021 06/03/21 Sold $1,725,000 +1.8% $504 / Sq Ft
11/13/2020 11/13/20 Pending -- -- --
09/22/2020 09/22/20 For Sale $1,695,000 -- $496 / 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 $7,262 $130,380 $23,280 $107,100
2024 $7,262 $124,620 $23,280 $101,340
2023 $5,516 $118,020 $23,280 $94,740
2022 $5,121 $111,900 $23,280 $88,620
2021 $4,801 $104,700 $23,280 $81,420
2020 $2,385 $94,920 $23,280 $71,640
2019 $4,723 $102,420 $23,280 $79,140
2018 $4,316 $22,632 $4,868 $17,764
2017 $4,058 $21,378 $5,365 $16,013
2016 $3,725 $20,182 $6,839 $13,343
2015 $2,213 $20,178 $10,089 $10,089
2014 $2,213 $19,980 $11,993 $7,987
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10671162

Real Estate Board of New York (REBNY)

APN: 01645-0016

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