NOT LISTED FOR SALE

782 Madison St Unit 1A Brooklyn, NY 11221

Bed-Stuy Neighborhood

Estimated Value: $747,950 - $782,000

3 Beds
1.5 Baths
1,046 Sq Ft
$812/mo HOA Fee

Last Sold March 20, 2024

Last sale price $730,000 $698 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $5,190/month

29 Days on Market

Highlights

  • Wood Flooring
  • Patio
  • Heating System Uses Natural Gas

About This Home

As of March 2024

Welcome to 782 Madison Street, Unit 1A — a rare combination of affordability, space and charm. This 3-bedroom, DUPLEX CONDO was renovated from top to bottom in 2011 and stylishly updated in 2023. The garden level features a remodeled kitchen with modern black shaker-style cabinetry offset by clean, white quartz countertops, classic subway tile, new hardware, stainless appliances including a gas range vented to the outside, and a great walk-in pantry / storage space. The overall effect is both cool and inviting. The kitchen opens up to a dedicated dining space large enough to seat 6-8 comfortably. In the front of the garden level is a sizable bedroom with a lovely arched bay window overlooking P.O. Renaldo Segrado Playground — offering wide views with no buildings across the street. In the rear of the apartment is the sunny, south-facing bedroom / livingroom overlooking possibly the largest backyard in Bedford Stuyvesant! The giant, shared backyard is underutilized, often leaving you with your own massive outdoor space — great for four-legged or two-legged creatures to run around — and great for entertaining. A classically-tiled full bath completes the garden level. Upstairs includes one more bedroom, a central living space and a half bath. There are five closets in the apartment PLUS a deeded storage cage just one flight downstairs where you'll also conveniently find the laundry room. Hot-water baseboard heat is efficient and has separate controls for each floor.

Get ready for summer because 782 Madison St, is located across the street from P.O. Renaldo Segrado Playground, minutes to Saratoga Park, and the recently renovated Jesse Owens Playground featuring a built-in pool. If the backyard is not large enough for your green thumb, you'll find Citizens for a Better Community Garden just a block away.

In addition to the many green spaces, 782 Madison St. is located in the heart of Stuyvesant East with nearby hot-spots such as Passionfruit Coffee, Early Yves Cafe, Toad Style, Chez Alex, Marian's Brooklyn, L'Antagoniste, Greedi Kitchen, Grandchamps, among many other Bed Stuy and Bushwick eateries and shopping. The J/Z/A/C trains are a 5-10 minute walk. J-51 tax abatement through mid 2030. Maintenance is $813pm (includes utilities except cooking gas and electricity) plus a temporary assessment of $376 in effect through May 2025.

Last Agent to Sell the Property

Perri DeFino

Compass License #10401301423 Listed on: 01/02/2024

Compass

Co-Listed By

Chrisette Mignott

Compass License #40MI1172213

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $996

Year Built

  • Built in 1931

Lot Details

  • 8,233

HOA Fees

  • $812 Monthly HOA Fees

Interior Spaces

  • 1,046 Sq Ft Home
  • 4-Story Property
  • Wood Flooring
  • Range with Range Hood

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Patio

Utilities

  • No Cooling
  • Heating System Uses Natural Gas

Community Details

  • 18 Units
  • Bedford Stuyvesant Subdivision

Listing and Financial Details

  • Legal Lot and Block 1001 / 01648

Property Details

Home Type

Condominium

Est. Annual Taxes

$996

Year Built

Built in 1931

Lot Details

0

HOA Fees

$812 per month

Listing Details

  • Exposures: North,South
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Bedford-Stuyvesant
  • Entry Level: 1
  • Structure Type: Multi Family
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Appliances: Range, Refrigerator, Range Hood, Stainless Steel Appliance(s)
  • Fireplace: No
  • Flooring: Hardwood
  • Living Area: 1046.0
  • Living Area Units: Square Feet
  • Rooms (Total): 5

Beds/Baths

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Bathrooms Integer: 2
  • Bedrooms: 3

Exterior Features

  • Patio/Porch Features: Patio

Garage/Parking

  • Garage: No
  • Attached Garage: No

Utilities

  • Laundry Features: Common On Floor, See Remarks
  • Cooling: No
  • Heating: Natural Gas
  • Heating: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 812.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Size Units: Square Feet
  • Lot Size Dimensions: 82.500000x100.000000

Building Info

  • New Construction: No
  • Units: 18
  • Total Stories: 4
  • Year Built: 1931

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Block: 01648
  • Tax Lot: 1001
  • Tax Annual: 996.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 2, 2024
Closed on
Mar 20, 2024
Sold by
Pena Alexandra
Bought by
Sanchez-Ventura Jade and Tumbarello Michael
Seller's Agent
Perri DeFino
Compass
List Price
$720,000
Sold Price
$730,000
Premium/Discount to List
$10,000
1.39%
Views
1219
Current Estimated Value
$760,488

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,488
Avg. Annual Appreciation
2.88%
Original Mortgage
$340,000
Outstanding Balance
$335,011
Interest Rate
6.64%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$425,477

Purchase Details

Closed on
Oct 18, 2013
Sold by
Habitat For Humanity Bed-Stuy Homes Iv H
Bought by
Pena Alexandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,671
Interest Rate
4.52%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Sanchez-Ventura Jade $730,000 --
Sanchez-Ventura Jade $730,000 --
Pena Alexandra $429,354 --
Pena Alexandra $429,354 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sanchez-Ventura Jade $340,000
Closed Sanchez-Ventura Jade $340,000
Previous Owner Pena Alexandra $164,671
Previous Owner Pena Alexandra $12,829
Previous Owner Pena Alexandra $7,500
Previous Owner Pena Alexandra $11,100
Previous Owner Pena Alexandra $222,998
Closed Pena Alexandra $31,429
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/20/2024 03/20/24 Sold $730,000 +1.4% $698 / Sq Ft
02/01/2024 02/01/24 Pending -- -- --
01/02/2024 01/02/24 For Sale $720,000 -- $688 / Sq Ft
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 $2,919 $51,808 $11,133 $40,675
2024 $2,919 $57,307 $11,133 $46,174
2023 $947 $53,129 $11,133 $41,996
2022 $851 $48,546 $11,133 $37,413
2021 $658 $40,460 $11,133 $29,327
2020 $385 $47,037 $11,133 $35,904
2019 $811 $44,206 $11,133 $33,073
2018 $2,623 $42,266 $11,133 $31,133
2017 $2,351 $41,888 $11,132 $30,756
2016 $2,102 $37,629 $11,132 $26,497
2015 -- $39,274 $11,133 $28,141
2014 -- $40,217 $11,133 $29,084
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10947706

Real Estate Board of New York (REBNY)

APN: 01648-1001