NOT LISTED FOR SALE

782 Madison St Unit 4B Brooklyn, NY 11221

Bed-Stuy Neighborhood

Estimated Value: $604,406 - $688,000

2 Beds
1 Bath
725 Sq Ft
$562/mo HOA Fee

Last Sold August 14, 2023

Last sale price $580,000 $800 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $4,181/month

252 Days on Market

Highlights

  • City View
  • Community Garden
  • Laundry Facilities
  • Pre War Building
  • Intercom

About This Home

As of August 2023

Welcome to 782 Madison Street, Unit 4B a rare combination of affordability, space and charm straddling the best of Bed Stuy and Bushwick. This true 2-bedroom, floor-through apartment was renovated from top to bottom in 2011 and stylishly updated just this year. This top-floor condo has bright light and high ceilings, and features a remodeled kitchen with soft grey cabinetry offset by clean, white quartz countertops, classic subway tile backsplash, and white appliances including a dishwasher and gas range with a hood that is vented to the outside. The overall effect is modern and inviting. The open kitchen is adjacent to dedicated dining area which opens onto the very comfortable living room. In the front of the unit is a good-sized bedroom with lovely arched windows overlooking P.O. Renaldo Segrado Playground offering wide, sky-filled views with no buildings across the street, and glimpses of Manhattan in the distance. The rear bedroom is a sunny, south-facing room which overlooks possibly the largest backyard in Bedford Stuyvesant! The giant, shared garden is underutilized leaving you with almost your own massive outdoor space. A classically-tiled full bath completes the apartment. There are a total of 3 closets, 2 are double-width, PLUS there is a deeded storage space in the cellar, where you'll also find the laundry room and entrance to the shared garden. Hot-water baseboard heat throughout. J-51 tax abatement is in effect through mid 2030. Maintenance is $888.88pm which includes a temporary assessment in effect for only 2.5 more years ($563 without assessment).

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 nearby hot-spots such as 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.

Last Agent to Sell the Property

Perri DeFino

Compass License #10401301423 Listed on: 10/01/2022

Compass

Co-Listed By

Morgan Munsey

Compass License #10401246141

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $468

Year Built

  • Built in 1931

Lot Details

  • 8,233

HOA Fees

  • $562 Monthly HOA Fees

Home Design

  • Pre War Building

Interior Spaces

  • 725 Sq Ft Home
  • 4-Story Property
  • City Views
  • Intercom

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Listing and Financial Details

  • Legal Lot and Block 7501 / 1648

Community Details

Overview

  • Stuyvesant Heights Subdivision

Amenities

  • Community Garden
  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$468

Year Built

Built in 1931

Lot Details

0

HOA Fees

$562 per month

Listing Details

  • Cross Street: Patchen Avenue/Ralph Avenue
  • Exposures: North,South
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Stuyvesant Heights
  • Architectural Style: Prewar
  • Entry Level: 4
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Equipment (Other): Intercom
  • Living Area: 725.0
  • Living Area Units: Square Feet
  • Rooms (Total): 4

Beds/Baths

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

Exterior Features

  • View: City
  • View: Yes
  • Exterior Features: Building Garden

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Common Area

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 562.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Size Dimensions: 0.0 x 0.0

Building Info

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

Tax Info

  • Tax Block: 1648
  • Tax Lot: 7501
  • Tax Annual: 468.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2022
Closed on
Aug 14, 2023
Sold by
Amin Maria and Amin F
Bought by
Danso Alexandra
Seller's Agent
Perri DeFino
Compass
List Price
$625,000
Sold Price
$580,000
Premium/Discount to List
-$45,000
-7.2%
Views
60
Current Estimated Value
$634,352

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,352
Avg. Annual Appreciation
4.44%
Original Mortgage
$522,000
Outstanding Balance
$511,120
Interest Rate
6.81%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$123,232

Purchase Details

Closed on
Sep 16, 2014
Sold by
Habitat For Humanity Bed-Stuy Homes Iv H
Bought by
Hertneck Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$197,000
Interest Rate
4.17%
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
Danso Alexandra $580,000 --
Danso Alexandra $580,000 --
Hertneck Maria $378,458 --
Hertneck Maria $378,458 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Danso Alexandra $522,000
Closed Danso Alexandra $522,000
Previous Owner Hertneck Maria $197,000
Previous Owner Hertneck Maria $11,193
Previous Owner Hertneck Maria $12,300
Previous Owner Hertneck Maria $71,185
Closed Hertneck Maria $94,678
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/23/2023 08/23/23 Price Changed $585,000 +0.9% $807 / Sq Ft
08/14/2023 08/14/23 Sold $580,000 -0.9% $800 / Sq Ft
06/13/2023 06/13/23 Pending -- -- --
05/22/2023 05/22/23 Price Changed $585,000 -2.3% $807 / Sq Ft
02/25/2023 02/25/23 Price Changed $599,000 -4.2% $826 / Sq Ft
02/07/2023 02/07/23 For Sale $625,000 +7.8% $862 / Sq Ft
12/31/2022 12/31/22 Off Market $580,000 -- --
10/03/2022 10/03/22 For Sale $625,000 -- $862 / 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 $2,022 $35,894 $7,713 $28,181
2024 $2,022 $39,704 $7,713 $31,991
2023 $656 $36,809 $7,713 $29,096
2022 $589 $33,634 $7,713 $25,921
2021 $455 $28,031 $7,713 $20,318
2020 $267 $32,588 $7,713 $24,875
2019 $562 $30,627 $7,713 $22,914
2018 $1,817 $29,283 $7,713 $21,570
2017 $1,629 $29,021 $7,713 $21,308
2016 $1,456 $26,071 $7,713 $18,358
2015 -- $27,210 $7,713 $19,497
2014 -- $27,863 $7,713 $20,150
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10885691

Real Estate Board of New York (REBNY)

APN: 01648-1006