NOT LISTED FOR SALE

Estimated Value: $1,633,000 - $2,172,000

5 Beds
3.5 Baths
2,400 Sq Ft
$778/Sq Ft Est. Value

Last Sold May 16, 2019

Last sale price $1,999,000 $833 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $10,234/month

165 Days on Market

About This Home

As of May 2019

A gut-renovated two-family townhouse nestled a picturesque, tree-lined street in Bedford-Stuyvesant, 692 Madison blends contemporary finishes with a host of charming original details. Features of the home include a classic brownstone fac ade, tall windows with northern and southern exposure, hardwood floors, exposed brick walls, a wood-burning fireplace, an enclosed backyard, a finished cellar, a gorgeous owners duplex, and an income-producing rental unit.

Beyond a tasteful entryway foyer adorned with elegant floor tiles, the 3-bedroom, 2.5-bathroom owners duplex flows into an expansive, open-concept living room, dining room, and kitchen. The living room possesses a stunning fireplace with a distressed white wood surround and mantel, while the kitchen leads out onto a private deck and is equipped with sleek marble countertops, a matching backsplash, white cabinetry, a farmhouse sink, and a suite of high-end stainless steel appliances from Viking and Wolf.

The master bedroom has a massive reach-in closet and an en-suite bathroom with a double vanity, marble walls, and chevron tiled floors. The second and third bedrooms have private closet space and share access to a second full bathroom. A washer/dryer and a powder room complete the duplex.

The garden level rental unit has 2 bedrooms, 1 bathroom, a washer/dryer, and an open plan living area and kitchen. The kitchen features custom cabinetry and stainless steel appliances, and one of the bedrooms has direct access to the backyard.

692 Madison is just steps from all the restaurants, cafes, bars, and shops that line Malcolm X Boulevard and Lewis Avenue. It is about a 10 minute walk to the J and A/C subway lines, and is close to several neighborhood playgrounds.

Last Agent to Sell the Property

Sara Golan

Serhant License #10301215946 Listed on: 10/12/2018

Serhant

Co-Listed By

Ryan Serhant

Nest Seekers LLC License #10301209394

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1899

Lot Details

  • Lot Dimensions are 20.0 x 100.0

Home Design

  • Pre War Building

Interior Spaces

  • 2,400 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms

Community Details

  • Stuyvesant Heights Subdivision

Listing and Financial Details

  • Legal Lot and Block 35 / 1646

Townhouse Details

Home Type

Townhome

Year Built

Built in 1899

Lot Details

2,004 Sq Ft Lot

Listing Details

  • Cross Street: Stuyvesant Avenue/Malcolm X Boulevard
  • Delivered Vacant: Yes
  • Property SubType: Townhouse
  • Property Type: Residential
  • Neighborhood: Stuyvesant Heights
  • Architectural Style: Prewar
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Living Area: 2400.0
  • Living Area Units: Square Feet

Beds/Baths

  • Bathrooms Total: 3.5
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Bedrooms: 5

Garage/Parking

  • Garage: No

Lot Info

  • Zoning: R 6 B
  • Lot Size Dimensions: 20.0 x 100.0

Building Info

  • Landmark Status: No
  • Total Stories: 2
  • Year Built: 1899

Tax Info

  • Tax Block: 1646
  • Tax Lot: 35
  • Building Tax Lot: 35

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2018
Closed on
May 9, 2019
Sold by
1118 Greene Llc
Bought by
Lmny Llc
Seller's Agent
Sara Golan
Serhant
List Price
$1,999,000
Sold Price
$1,999,000
Current Estimated Value
$1,867,432

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$131,568
Avg. Annual Appreciation
-0.99%
Original Mortgage
$1,599,200
Outstanding Balance
$1,400,280
Interest Rate
4%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$467,152

Purchase Details

Closed on
Feb 15, 2018
Sold by
Pearlie Moore As Trustee
Bought by
1118 Greene Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$850,000
Interest Rate
3.99%
Mortgage Type
Purchase Money Mortgage
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
Lmny Llc $1,999,000 --
1118 Greene Llc $1,150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lmny Llc $1,599,200
Previous Owner 1118 Greene Llc $850,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/16/2019 05/16/19 Sold $1,999,000 0.0% $833 / Sq Ft
03/27/2019 03/27/19 Pending -- -- --
10/12/2018 10/12/18 For Sale $1,999,000 -- $833 / 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 $6,205 $118,740 $19,020 $99,720
2024 $6,205 $93,780 $19,020 $74,760
2023 $6,274 $101,820 $19,020 $82,800
2022 $6,130 $86,040 $19,020 $67,020
2021 $6,174 $94,380 $19,020 $75,360
2019 $3,897 $80,340 $19,020 $61,320
2018 $3,139 $18,630 $4,215 $14,415
2017 $3,120 $18,476 $5,206 $13,270
2016 $1,121 $17,431 $6,602 $10,829
2015 $612 $16,446 $9,337 $7,109
2014 $612 $15,525 $10,570 $4,955
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10553199

Real Estate Board of New York (REBNY)

APN: 01646-0035

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