NOT LISTED FOR SALE

Estimated Value: $1,555,000 - $2,519,000

5 Beds
2 Baths
2,559 Sq Ft
$746/Sq Ft Est. Value

Last Sold October 01, 2020

Last sale price $1,500,000 $586 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $10,392/month

289 Days on Market

About This Home

As of October 2020

Two Family, Three Story Brownstone on Tree lined Madison Street between Lewis & Stuyvesant, two of the most desirable cross streets in Bedford-Stuyvesant. This well maintained brownstone is located just north of the Historic Stuyvesant Heights Historic District. There is a top floor Junior 4 (1.5) Bedroom apartment on the top floor. The parlor floor and the garden floor comprise the Duplex apartment that can be configured to have 2.5 to 3.5 Bedrooms depending on the arrangement. There are also four (4) fireplaces on the parlour and third floors, as well as, hard wood floors throughout. This gem was originally constructed and occupied as a single family home and could easily be converted back to a single family dwelling, if one so desires. The Duplex is occupied and as such, a twenty-four hour notice is needed to show.

Property Details

Home Type

  • Multi-Family

Home Design

Interior Spaces

  • 2,559 Sq Ft Home
  • 3-Story Property
  • Washer Dryer Allowed

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Community Details

  • 2 Units
  • Bedford Stuyvesant Subdivision

Property Details

Home Type

Multi-Family

Lot Details

0 Sq Ft Lot

Listing Details

  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: Bedford-Stuyvesant
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Appliances: Washer Dryer Allowed
  • Living Area: 2559.0
  • Living Area Units: Square Feet

Beds/Baths

  • Full Bathrooms: 2
  • Bathrooms Integer: 2
  • Bedrooms: 5

Garage/Parking

  • Garage: No

Building Info

  • Units: 2
  • Total Stories: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 17, 2019
Closed on
Oct 28, 2020
Sold by
Cynthia Randolph Sole Heir and Dee Hewitt Sole
Bought by
Alleyene Juan Desmond and Eaddy-Alleyne Danielle Vanessa
List Price
$1,600,000
Sold Price
$1,500,000
Premium/Discount to List
-$100,000
-6.25%
Current Estimated Value
$1,909,335

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$409,335
Avg. Annual Appreciation
4.51%
Original Mortgage
$1,072,000
Outstanding Balance
$947,376
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$961,959

Purchase Details

Closed on
Mar 17, 2004
Sold by
Beatrice Lampkin and Percy Lampkin
Bought by
Percy Lampkin
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
Alleyene Juan Desmond $1,340,000 --
Alleyene Juan Desmond $1,340,000 --
Alleyene Juan Desmond $1,340,000 --
Percy Lampkin -- --
Percy Lampkin -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alleyene Juan Desmond $1,072,000
Closed Alleyene Juan Desmond $1,072,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/01/2020 10/01/20 Sold $1,500,000 0.0% $586 / Sq Ft
06/15/2020 06/15/20 Off Market $1,500,000 -- --
12/17/2019 12/17/19 For Sale $1,600,000 -- $625 / 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 $5,501 $91,620 $19,620 $72,000
2024 $5,501 $87,600 $19,620 $67,980
2023 $5,511 $91,260 $20,460 $70,800
2022 $5,124 $84,480 $20,460 $64,020
2021 $4,867 $83,880 $20,460 $63,420
2020 $1,193 $83,580 $20,460 $63,120
2019 $4,572 $81,420 $20,460 $60,960
2018 $4,412 $21,644 $4,633 $17,011
2017 $4,163 $20,420 $5,936 $14,484
2016 $3,855 $19,286 $6,603 $12,683
2015 $2,323 $19,284 $9,903 $9,381
2014 $2,323 $18,212 $11,223 $6,989
Source: Public Records

Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10590989

Real Estate Board of New York (REBNY)

APN: 01645-0030

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