NOT LISTED FOR SALE

614 Madison St Unit 3 Brooklyn, NY 11221

Bed-Stuy Neighborhood

Estimated Value: $1,820,416 - $2,040,000

5 Beds
4 Baths
2,520 Sq Ft
$774/Sq Ft Est. Value

Last Sold October 12, 2022

Last sale price $1,355,000 $538 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $10,544/month

12 Days on Market

Highlights

  • Wood Burning Stove
  • Wood Flooring
  • 5 Fireplaces
  • Property is near public transit
  • Main Floor Primary Bedroom
  • Porch

About This Home

As of October 2022

Three family attached brownstone with four levels on Madison Street between Lewis Avenue and Stuyvesant Ave, in Bedford-Stuyvesant Brooklyn featuring 4 full bathrooms, 5 fireplaces and beautiful yard. 4 electric meters and 2 water meters. Being sold as is for full renovation. Close to public transportation. Cash deals only per the seller's instructions.

Last Agent to Sell the Property

Michael Chambers

Keller Williams Rlty Landmark License #30CH0996340 Listed on: 08/25/2022

Keller Williams Rlty Landmark

Last Buyer's Agent

Michael Chambers

Keller Williams Rlty Landmark License #30CH0996340 Listed on: 08/25/2022

Keller Williams Rlty Landmark

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,462

Year Built

  • Built in 1899

Lot Details

  • 2,000 Sq Ft Lot
  • Lot Dimensions are 20x100
  • No Common Walls
  • North Facing Home
  • Back Yard Fenced

Parking

  • On-Street Parking

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2,520 Sq Ft Home
  • 3-Story Property
  • 5 Fireplaces
  • Wood Burning Stove
  • Entrance Foyer
  • Combination Dining and Living Room
  • Wood Flooring
  • Eat-In Kitchen
  • Finished Basement

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • 4 Full Bathrooms

Schools

  • Brooklyn Prep High Middle School
  • Brooklyn Prep High School

Utilities

  • No Cooling
  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Electric Water Heater
  • Municipal Trash

Additional Features

  • Porch
  • Property is near public transit

Listing and Financial Details

  • Legal Lot and Block 27 / 1645
  • Assessor Parcel Number 01645-0027

Community Details

Overview

  • 3 Units
  • Mid-Rise Condominium

Recreation

  • Park

Building Details

  • 3 Separate Electric Meters
  • 4 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,462

Year Built

Built in 1899

Lot Details

2,000 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Mid Rise
  • Property SubType: Multi Family
  • Property Condition: As Is
  • Levels: Three Or More
  • Year Built: 1899
  • New Construction: No
  • Attribution Contact: 516-482-0200
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Master Downstairs, 1st Floor Bedrm, Eat-in Kitchen, Entrance Foyer, Living Room / Dining Room
  • Living Area Units: Square Feet
  • Fireplaces: 5
  • Flooring: Hardwood
  • Fireplace Features: Wood Burning Stove
  • Common Walls: No Common Walls
  • Total Bathrooms: 4
  • Full Bathrooms: 4
  • Basement: Finished
  • Total Bedrooms: 5
  • Fireplace: Yes
  • Living Area: 2520.00
  • Kitchens: 3
  • Square Footage: 2520.00

Exterior Features

  • Direction Faces: North
  • Construction Materials: Brick
  • Flood Zone Date: 2022-08-22
  • Flood Zone Report: Yes
  • Fencing: Back Yard
  • Patio and Porch Features: Porch

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: On Street

Utilities

  • Cooling: None
  • Cooling: No
  • Garbage Removal: Public
  • Heating: Natural Gas, Baseboard
  • Hot Water: Electric Stand Alone
  • Separate Hotwater Heater Detail: yes
  • Sewer: Public Sewer
  • Water Source: Public

Association/Amenities

  • Community Features: Park, Near Public Transportation

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Brooklyn Prep High School

Lot Info

  • Lot Size Acres: 0.0500
  • Lot Dimensions: 20x100
  • Lot Size Sq Ft: 2000.00
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 01645-0027
  • Property Attached: No

Rental Info

  • Lease Considered: No

Tax Info

  • Close Date: 2022-10-12
  • Included in Taxes: Trash
  • Tax Annual Amount: 4462.00
  • Tax Block: 1645
  • Tax Lot: 27
  • Tax Map Number: 01645-0027

Multi Family

  • Units Total: 3
  • Separate Electric Meters: 3
  • Separate Gas Meters: 4

MLS Schools

  • High School: Brooklyn Prep High School
  • Middle School District: Brooklyn 14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 30, 2025
Sold by
S & P Home Consulting Llc
Bought by
Madison 614 Acquisitions Corp
Current Estimated Value
$1,949,354

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,572,500
Outstanding Balance
$1,565,733
Interest Rate
6.81%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$383,621

Purchase Details

Listed on
Aug 25, 2022
Closed on
Oct 12, 2022
Sold by
Frater Charles
Bought by
S & P Home Consulting Llc
Seller's Agent
Michael Chambers
Keller Williams Rlty Landmark
Buyer's Agent
Michael Chambers
Keller Williams Rlty Landmark
List Price
$1,400,000
Sold Price
$1,355,000
Premium/Discount to List
-$45,000
-3.21%
Views
38

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.15%
Original Mortgage
$300,000
Interest Rate
6.94%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 12, 2017
Sold by
Frater June
Bought by
Frater Charles

Purchase Details

Closed on
Sep 4, 1997
Sold by
Frater June
Bought by
Frater June
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Madison 614 Acquisitions Corp $1,850,000 --
Madison 614 Acquisitions Corp $1,850,000 --
S & P Home Consulting Llc $1,355,000 --
S & P Home Consulting Llc $1,355,000 --
S & P Home Consulting Llc $1,355,000 --
Frater Charles -- --
Frater Charles -- --
Frater Charles -- --
Frater June -- --
Frater June -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Madison 614 Acquisitions Corp $1,572,500
Closed Madison 614 Acquisitions Corp $1,572,500
Previous Owner S & P Home Consulting Llc $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/12/2022 10/12/22 Sold $1,355,000 -3.2% $538 / Sq Ft
09/07/2022 09/07/22 Pending -- -- --
08/25/2022 08/25/22 For Sale $1,400,000 -- $556 / Sq Ft
Source: OneKey® MLS

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 $4,821 $91,860 $19,860 $72,000
2024 $4,821 $84,060 $19,860 $64,200
2023 $4,627 $78,420 $19,860 $58,560
2022 $4,366 $85,920 $19,860 $66,060
2021 $4,438 $82,800 $19,860 $62,940
2019 $4,185 $82,560 $19,860 $62,700
2018 $3,870 $18,987 $3,938 $15,049
2017 $2,641 $17,914 $5,161 $12,753
2016 $1,145 $17,670 $6,282 $11,388
2015 $580 $16,670 $8,508 $8,162
2014 $580 $16,670 $10,207 $6,463
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: OneKey® MLS

MLS Number: KEY3424919

OneKey® MLS

APN: 01645-0027

Your Personal Tour Guide

Ask me questions while you tour the home.