NOT LISTED FOR SALE

625 Madison St Unit 1 Brooklyn, NY 11221

Bed-Stuy Neighborhood

Estimated Value: $1,470,000 - $1,871,000

5 Beds
3 Baths
1,700 Sq Ft
$958/Sq Ft Est. Value

Highlights

  • City View
  • Balcony
  • Building Patio
  • Terrace
  • Eat-In Kitchen
  • Patio

About This Home

As of July 2018

This brand new Brooklyn apartment has everything you could ask for !! The granite kitchen allows for easy cooking with plenty of counter space and features high end stainless steel appliances. The spacious living room area allows for a real living space ! There is lots of room to fit a large couch a coffee table and a tv .The bedrooms are very nice and would easily fit a queens sized beds and a dresser with room to spare.!The newly renovated bathroom features a soaking tub with pressure adjustable high end shower head . The entire apartment features brand new hard wood floors through out .the large windows in the apartment let in ton on natural light and it is equipped with a virtual doorman. The best thing about this apartment is the HUGE PRIVATE YARD ! Bedstuy, located in central Brooklyn and nudges up against Williamsburg and Bushwick. This allowes for easy access to multiple transit stations . A historic neighborhood that boasts with pristine brownstones that are generations-old . Bushwick residents share their streets with newcomers and hip kids. its tight-knit community's dedication to their neighborhood continues to support improvements as renovating bars , cafes and locally owned businesses . Please feel free to call txt or email me . at any time to schedule a private showing of this brand space. Don"t like what you see you say ? Call me any ways I specialize in all Brooklyn real estate

Last Agent to Rent the Property

Bram Lefevere

Native Real Estate LLC License #10401230339 Listed on: 06/15/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,579

Year Built

  • 2004

Lot Details

  • 2,004

Home Design

  • Duplex

Interior Spaces

  • 1,700 Sq Ft Home
  • City Views
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Patio
  • Terrace

Additional Features

  • Garden
  • Central Air

Listing and Financial Details

  • Property Available on 6/25/18

Community Details

Overview

  • Bedford Stuyvesant Subdivision

Amenities

  • Building Patio
  • Building Terrace

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,579

Year Built

2004

Lot Details

0

Rental Info

  • Available Date: 2018-06-25

Listing Details

  • Property SubType: Duplex
  • Property Type: Residential Lease
  • Neighborhood: Bedford Stuyvesant
  • ResoPropertyType: ResidentialLease
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built (Public Record): 2004

Interior Features

  • Interior Features: Eat-in Kitchen
  • Appliances: Dryer, Washer
  • Living Area: 1700.0
  • Living Area Units: Square Feet
  • Rooms (Total): 7

Beds/Baths

  • Bathrooms Integer: 3
  • Bedrooms: 5

Exterior Features

  • View: City
  • View: Yes
  • Exterior Features: Balcony, Garden
  • Patio/Porch Features: Building Patio, Building Terrace, Patio, Terrace, Balcony, Rooftop

Utilities

  • Cooling: Central Air
  • Cooling: Yes

Building Info

  • New Construction: No

Tax Info

  • Tax Block: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 10, 2017
Sold by
Next Holding Capital Group Llc
Bought by
Madison Apartments Llc
Current Estimated Value
$1,558,936

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,445,000
Interest Rate
4.21%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 6, 2014
Sold by
Cooper Tiffany and Richards Aminah
Bought by
Next Holding Capital Group Llc

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
4.45%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 9, 2013
Sold by
Pratts Monique and Sullivan Octavius
Bought by
Cooper Tiffany and Richards Aminah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
4.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 1, 2011
Sold by
Sullivan Octavius
Bought by
Pratts Monique and Sullivan Octavius

Purchase Details

Closed on
Jun 30, 2009
Sold by
Richards Aminah and Sullivan Octavius B
Bought by
Sullivan Octavius B

Purchase Details

Closed on
May 5, 2009
Sold by
Cooper Tiffany and Richards Aminah
Bought by
Richards Aminah and Sullivan Octavius B

Purchase Details

Closed on
Feb 9, 2007
Sold by
Pratts Monique
Bought by
Cooper Tiffany and Richards Aminah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$488,000
Interest Rate
6.23%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 22, 2004
Sold by
Nana Llc
Bought by
Pratts Monique

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,500
Interest Rate
5.71%

Purchase Details

Closed on
Jul 31, 2003
Sold by
Jeremiah Properties Inc
Bought by
Nana Llc

Purchase Details

Closed on
Jul 2, 2002
Sold by
Fraser Jeremiah H
Bought by
Jeremiah Properties Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.48%
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
Madison Apartments Llc -- --
Next Holding Capital Group Llc $210,000 --
Next Holding Capital Group Llc $210,000 --
Cooper Tiffany -- --
Cooper Tiffany -- --
Pratts Monique -- --
Pratts Monique -- --
Sullivan Octavius B -- --
Sullivan Octavius B -- --
Richards Aminah -- --
Richards Aminah -- --
Cooper Tiffany $610,000 --
Cooper Tiffany $610,000 --
Pratts Monique $530,000 --
Pratts Monique $530,000 --
Nana Llc $240,000 --
Nana Llc $240,000 --
Jeremiah Properties Inc -- --
Jeremiah Properties Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Madison Apartments Llc $940,000
Closed Madison Apartments Llc $1,445,000
Previous Owner Next Holding Capital Group Llc $250,000
Previous Owner Cooper Tiffany $100,000
Previous Owner Cooper Tiffany $122,000
Previous Owner Cooper Tiffany $488,000
Previous Owner Pratts Monique $79,500
Previous Owner Pratts Monique $424,000
Previous Owner Jeremiah Properties Inc $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2018 06/15/18 For Rent $4,300 -- --
06/15/2018 06/15/18 Rented -- -- --
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 $8,579 $68,640 $17,400 $51,240
2024 $8,579 $80,760 $17,400 $63,360
2023 $8,675 $92,100 $17,400 $74,700
2022 $8,463 $75,360 $17,400 $57,960
2021 $8,417 $69,000 $17,400 $51,600
2020 $3,947 $83,640 $17,400 $66,240
2019 $7,446 $66,480 $17,400 $49,080
2018 $7,256 $35,596 $12,377 $23,219
2017 $7,202 $35,328 $9,908 $25,420
2016 $6,663 $33,329 $12,250 $21,079
2015 $3,800 $31,443 $15,364 $16,079
2014 $3,800 $29,664 $17,398 $12,266
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10185171

Real Estate Board of New York (REBNY)

APN: 01641-0073