NOT LISTED FOR SALE

718 Madison St Unit 2 Brooklyn, NY 11221

Bed-Stuy Neighborhood

Estimated Value: $1,404,000 - $2,204,000

1 Bed
1 Bath
-- Sq Ft
1905 Built

About This Home

As of April 2023

This exquisite brownstone's entire upper level is peacefully occupied by this sunny, south-facing apartment. It has plenty of room with a large primary bedroom and a second room that would be ideal for an office or den. Recently renovated with modern and contemporary finishes while retaining its iconic prewar charm. Hardwood floors, tall ceilings, original crown moldings, two decorative fireplaces, two skylights, five closets throughout, six big windows, and a brand new kitchen and bathroom is just the beginning of this great home!

Enter this well-kept brownstone through your own private entrance, where you will find a welcoming foyer where you may take off your shoes and coats before ascending a single flight to your cozy home. You will notice the contemporary accents and meticulous attention to detail as soon as you enter. Large windows in the open-concept kitchen allow natural light to pour into the room. The kitchen includes a chic farmhouse sink, modern white cabinetry, sizable pantry, and plenty of counter space for cooking and meal preparation. Fully equipped with brand-new stainless steel equipment, including a gas range, dishwasher and built-in microwave. The open plan living area has enough room for a kitchen island or you could fit a dining room table with ease. The kitchen and living room, which are south facing, are bathed in sunshine throughout the day, making this a cheerful and bright place to relax and unwind.

The primary king-sized bedroom with plenty of room for additional furnishings has a lovely decorative fireplace, huge windows with their original crown moldings and two closets, one of which is a sizable walk-in closet. This apartment also offers a bonus windowed flex room with a closet, perfect for a home office or those looking for additional space.

The stunningly renovated bathroom, which skillfully combines contemporary elegance with vintage charm, is spacious and sleek. Soak in the claw foot tub, enjoy the natural light from the skylight, and admire the vintage charm and contemporary finishes of this wonderful washroom.

With a washer and dryer inside, more than ample space throughout, multiple closets and your own private entrance, this peaceful apartment has everything you need to make this your dream home!

Bedford-Stuyvesant, renowned for its beautiful brownstones, lively neighborhood, and incredibly good neighborhood eateries, cafes, and shops. Such as Saranghina, Peaches, Mama Fox, Trad Room, Chez Oskar, Nana Ramen, Milk and Pull, Natural Blend and Turtles all the Way Down, to name a few. Transportation is a breeze with the A, C and J subway lines just a few blocks away. This home has it all!

Last Agent to Rent the Property

Geraldine Sargeant

Corcoran Group License #10401243893 Listed on: 03/19/2023

Corcoran Group

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Sold Price
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Property Details

Home Type

  • Co-Op

Year Built

  • Built in 1905 | Newly Remodeled

Home Design

  • Pre War Building
  • Entry on the 2nd floor

Interior Spaces

  • 2-Story Property
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer
  • Washer Dryer Allowed

Community Details

  • 2 Units

Listing and Financial Details

  • Property Available on 3/7/23
  • Tax Block 01647

Property Details

Home Type

Co-Op

Year Built

Built in 1905 | Newly Remodeled

Lot Details

0 Sq Ft Lot

Rental Info

  • Available Date: 2023-03-07

Listing Details

  • Cross Street: MALCOLM X BOULEVARD and PATCHEN AVENUE
  • Exposures: North,South
  • Property SubType: Apartment
  • Property Type: Residential Lease
  • Architectural Style: Prewar
  • Entry Level: 2
  • CustomProperty: { "WeeklyRate": null, "OffMarketDate": "2023-04-01", "LivingAreaRange": null, "GuestHouseYN": null, "Lang2_Type": null, "AboveGradeUnfinishedAreaRange": null, "GuestHouseAreaTotalUnits": null, "PrivateShowingInstructions": null, "NumberOfBoatSlips": null, "LotSizeRangeUnits": null, "LakeId": null, "BuildingAreaTotalRange": null, "HumanModifiedYN": false, "MineralRights": null, "LotSizeRangeSource": null, "Permission": null, "Membership": null, "ModificationTimestamp": "2026-08-05T19:57:49.113-00:00", "Restrictions": null, "BoatDockSlipFeatures": null, "OffersReviewDate": null, "AdditionalFeeFrequency": null, "PotentialShortSale": null, "TitleCompanyPhone": null, "LeaseAmountPerAreaUnit": null, "AssociationFeeTotal": null, "PropertyAccess": null, "AdditionalFee": null, "LakeSize": null, "LivingAreaRangeHigh": null, "LotSizeAreaRangeLow": null, "GarageArea": null, "BelowGradeFinishedAreaRange": null, "BuildingAreaTotalRangeSource": null, "GarageAreaUnits": null, "AdditionalFeeYN": false, "LakeChainName": null, "BelowGradeFinishedAreaRangeUnits": null, "DevelopmentName": null, "TaxAuthority": null, "ProjectName": null, "WaterAccessYN": null, "AssociationFeeTotalFrequency": null, "ListOfficeMlsId": "334", "GarageDimensions": null, "BelowGradeBedrooms": null, "MembershipRequiredYN": null, "AboveGradeBedrooms": null, "GulfAccessYN": null, "TaxAssessedValueImprovement": null, "AboveGradeUnfinishedAreaRangeSource": null, "OtherExpenseDescription": null, "MembershipFeeFrequency": null, "ListingKeyNumeric": 1092182018, "AdditionalInfo3": null, "BoatDockSlipDescription": null, "AdditionalInfo1": null, "PublicRemarks_lang2": null, "AdditionalInfo2": null, "PublicRemarks_lang3": null, "SourceFloorPlansCount": null, "LastMonthRentReqYN": null, "AboveGradeUnfinishedAreaRangeUnits": null, "ListAOR": null, "ThirdPartyIntegrationType": null, "BuildingAreaTotalRangeUnits": null, "PricePerAreaUnit": null, "FractionalShare": null, "TitleCompanyName": null, "AboveGradeFinishedAreaRangeSource": null, "BelowGradeFinishedAreaRangeSource": null, "OriginatingSystemKey": "3165093", "GuestHouseAreaTotalSource": null, "LeaseTermsDescription": null, "PropertyType": "Residential Lease", "LivingAreaRangeUnits": null, "OriginatingSystemName": "RLS", "BelowGradeUnfinishedAreaRangeSource": null, "LandTenure": null, "OffSeasonRate": null, "Attic": null, "MembershipFee": null, "BoatDockAccommodates": null, "PropertySubTypeAdditional": "Apartment", "PricePerArea": null, "BoatDockYN": null, "BonusAmount": null, "GuestHouseAreaTotal": null, "ListingKey": "1092182018", "GuestHouseDescription": null, "SecurityDepositYN": null, "SourceSupplementPublicCount": null, "SaleOrLeaseIncludes": null, "AdditionalFeeDescription": null, "InternetEntireListingDisplayYN": true, "SeasonRate": null, "ComplexName": null, "StoriesPartial": null, "CustomFields": "{\n \"ElevatorsTotal\": \"0\",\n \"FurnishedMinLeaseMonths\": \"0\",\n \"MaxLeaseMonths\": \"12\",\n \"BuildingTaxLot\": \"0014\",\n \"FurnishedMaxLeaseMonths\": \"12\",\n \"ViewRemarks\": \"G,T,\",\n \"BonusYN\": \"0\",\n \"ListingKey\": \"1092182018\"\n}", "BoatDockHeight": null, "AvailabilityType": null, "LakeName": null, "OriginatingSystemSubName": "RLS_REBNY", "RiverName": null, "BelowGradeUnfinishedAreaRangeUnits": null, "ListOfficeKey": "5658936", "TaxYearRange": null, "NumberOfBoatDocks": null, "LotSizeAreaRangeHigh": null, "TaxAssessedValueLand": null, "StandardStatus": "Closed", "GulfAccessType": null, "BoatSlipYN": null, "StormProtection": null, "LivingAreaRangeSource": null, "LeaseAmountPerArea": null, "TitleCompanyAddress": null, "MonthlyRate": null, "WaterAccessDescription": null, "SecurityDepositDescription": null, "TaxRate": null, "BelowGradeUnfinishedAreaRange": null, "MembershipDescription": null, "TitleCompanyPreferred": null, "AboveGradeFinishedAreaRangeUnits": null, "AboveGradeFinishedAreaRange": null, "LivingAreaRangeLow": null, "BuildingSizeDimensions": null, "PropertySubType": "Apartment", "UnitLocation": "2", "ConsumerRemarks": null, "LotSizeRange": null, "OffersDescription": null, "Lang3_Type": null, "StoriesPartialTotal": null, "Location": null, "ListingId": null, "RentSpreeYN": null, "RentSpreeURL": null, "ApplicationFee": null, "CommunityDevelopmentDistrictYN": null, "SourceSystemKey": null }
  • Special Features: NewHome
  • Property Sub Type: Coop
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Washer Dryer Allowed, Washer

Beds/Baths

  • Full Bathrooms: 1
  • Bathrooms Integer: 1
  • Bedrooms: 1

Garage/Parking

  • Garage: No

Condo/Co-op/Association

  • Common Interest: Stock Cooperative

Building Info

  • New Construction: Yes
  • Units: 2
  • Total Stories: 2
  • Year Built: 1905

Tax Info

  • Tax Block: 01647

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 23, 2024
Sold by
Caroline T Arruda Successor Co-Trustee and Gabrielle T. Arruda Successor Co-Truste
Bought by
Current Estimated Value
$1,696,807

Purchase Details

Closed on
Jul 19, 2024
Sold by
Arruda Jose A and Arruda Nancy
Bought by
Jose A Arruda Trust and Jose A Arruda Trustee

Purchase Details

Closed on
Feb 11, 2016
Sold by
Rotimi Oruene
Bought by
Arruda Jose A and Arruda Nancy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$699,300
Interest Rate
3.81%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 11, 2002
Sold by
Willis Peter and Rotimi Oruene
Bought by
Rotimi Oruene

Purchase Details

Closed on
Feb 26, 2001
Sold by
Galit Development Corp
Bought by
Willis Peter and Rotimi Oruene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$274,000
Interest Rate
6.96%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 20, 2000
Sold by
Hud and Federal Housing Commissioner
Bought by
Galit Development Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,500
Interest Rate
15%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Jun 17, 1998
Sold by
Greene Drew and State Of New York
Bought by
Hud
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Bed-Stuy, NY

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- --
Jose A Arruda Trust -- --
Arruda Jose A $999,000 --
Rotimi Oruene -- --
Willis Peter $289,000 Fidelity National Title Ins
Galit Development Corp $135,000 --
Hud $500 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner -- $699,300
Closed Rotimi Oruene $217,300
Closed Willis Peter $274,000
Previous Owner -- $139,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/01/2023 04/01/23 Rented $3,100 +10.7% --
03/20/2023 03/20/23 For Rent $2,800 -- --
Source: Real Estate Board of New York (REBNY)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $3,289 $142,320 $17,760 $124,560
2025 $3,108 $108,240 $17,760 $90,480
2024 $3,108 $103,500 $17,760 $85,740
2023 $3,106 $115,800 $17,760 $98,040
2022 $2,735 $105,120 $17,760 $87,360
2021 $2,217 $90,180 $17,760 $72,420
2019 $2,698 $73,860 $17,760 $56,100
2018 $2,598 $12,746 $3,077 $9,669
2017 $2,453 $12,031 $4,583 $7,448
2016 $2,274 $11,373 $3,965 $7,408
2015 $1,149 $11,370 $5,313 $6,057
2014 $1,149 $10,747 $6,023 $4,724
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10838447

Real Estate Board of New York (REBNY)

APN: 01647-0014

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