NOT LISTED FOR SALE

784 Madison St Unit 1B Brooklyn, NY 11221

Bed-Stuy Neighborhood

Estimated Value: $724,000 - $783,000

3 Beds
1.5 Baths
1,056 Sq Ft
$759/mo HOA Fee

Last Sold June 30, 2022

Last sale price $710,000 $672 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $5,116/month

34 Days on Market

Highlights

  • Pre War Building
  • Balcony
  • Laundry Facilities
  • Community Garden
  • Intercom

About This Home

As of June 2022

Welcome to 784 Madison Street, Unit 1B a rare combination of affordability, space and charm. This 3-bedroom, duplex condo was renovated from top to bottom in 2011 with recessed lighting and hardwood floors and stylishly updated just this year. The garden level features a remodeled kitchen with pretty blue and white cabinetry offset by clean, white quartz countertops, classic subway tile backsplash, and white appliances including a dishwasher and gas range. The overall effect is both modern 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 lovely arched windows overlooking P.O. Renaldo Segrado Playground offering a wide, sky-filled view with no buildings across the street. In the rear of the apartment is the sunny, south-facing living room which overlooks possibly the largest backyard in Bedford Stuyvesant! The giant, shared backyard is underutilized which leaves you with almost your own massive outdoor space for pets, kids, or the kid in you. A classically-tiled full bath completes the garden level. Upstairs includes 2 more bedrooms and a half bath. There are a total of 6 closets in the apartment PLUS there is a deeded storage space just 1 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 784 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, 784 Madison St is located in the heart of Stuyvesant East with 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. J-51 tax abatement through mid 2030. Maintenance is $760pm plus a temporary assessment of $200 in effect for 3 years.

Last Agent to Sell the Property

Perri DeFino

Compass License #10401301423 Listed on: 04/04/2022

Compass

Co-Listed By

Morgan Munsey

Compass License #10401246141

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $828

Year Built

  • Built in 1931

Lot Details

  • 8,233

HOA Fees

  • $759 Monthly HOA Fees

Home Design

  • Pre War Building

Interior Spaces

  • 1,056 Sq Ft Home
  • 4-Story Property
  • Intercom

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Balcony

Listing and Financial Details

  • Legal Lot and Block 7501 / 1648

Community Details

Overview

  • Bedford Stuyvesant Subdivision

Amenities

  • Community Garden
  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$828

Year Built

Built in 1931

Lot Details

0

HOA Fees

$759 per month

Listing Details

  • Cross Street: Patchen Avenue/Ralph Avenue
  • Exposures: North,South
  • Property SubType: Duplex
  • Property Type: Residential
  • Neighborhood: Bedford Stuyvesant
  • Architectural Style: Prewar
  • Entry Level: 1
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Equipment (Other): Intercom
  • Living Area: 1056.0
  • Living Area Units: Square Feet
  • Rooms (Total): 5

Beds/Baths

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

Exterior Features

  • Exterior Features: Building Garden, Balcony
  • Patio/Porch Features: Balcony

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Common Area

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 759.0
  • 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: 828.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2022
Closed on
Jun 30, 2022
Sold by
Avrekh Anna
Bought by
Vasconcelos Giseli
Seller's Agent
Perri DeFino
Compass
List Price
$710,000
Sold Price
$710,000
Current Estimated Value
$755,912

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,912
Avg. Annual Appreciation
1.99%

Purchase Details

Listed on
Mar 21, 2017
Closed on
Jun 22, 2017
Sold by
Salmon Jay and Salmon Kjerstina
Bought by
Avrekh Anna
Seller's Agent
Carol Castle
Keller Williams NYC
List Price
$735,000
Sold Price
$735,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.69%
Original Mortgage
$514,500
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 6, 2013
Sold by
Habitat For Humanity Bed-Stuy Homes Iv H
Bought by
Salmon Jay and Salmon Kjerstina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,500
Interest Rate
4.14%
Mortgage Type
New Conventional
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
Vasconcelos Giseli $710,000 --
Vasconcelos Giseli $710,000 --
Avrekh Anna $735,000 --
Avrekh Anna $735,000 --
Salmon Jay $502,005 --
Salmon Jay $502,005 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Avrekh Anna $514,500
Previous Owner Salmon Jay $247,500
Previous Owner Salmon Jay $14,852
Previous Owner Salmon Jay $146,005
Closed Salmon Jay $160,857
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2022 06/30/22 Sold $710,000 0.0% $672 / Sq Ft
04/06/2022 04/06/22 For Sale $710,000 -3.4% $672 / Sq Ft
06/22/2017 06/22/17 Sold $735,000 0.0% $696 / Sq Ft
05/23/2017 05/23/17 Pending -- -- --
03/21/2017 03/21/17 For Sale $735,000 -- $696 / 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 $2,948 $52,326 $11,244 $41,082
2024 $2,948 $57,880 $11,244 $46,636
2023 $1,068 $53,661 $11,244 $42,417
2022 $971 $49,032 $11,244 $37,788
2021 $776 $40,865 $11,244 $29,621
2020 $445 $47,508 $11,244 $36,264
2019 $930 $44,649 $11,244 $33,405
2018 $2,649 $42,689 $11,244 $31,445
2017 $2,374 $42,308 $11,244 $31,064
2016 $2,122 $38,007 $11,244 $26,763
2015 -- $39,667 $11,244 $28,423
2014 -- $40,620 $11,244 $29,376
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10780316

Real Estate Board of New York (REBNY)

APN: 01648-1008