NOT LISTED FOR SALE

959 Madison St Unit 3-B Brooklyn, NY 11221

Bushwick Neighborhood

Estimated Value: $836,000 - $1,153,000

2 Beds
2 Baths
-- Sq Ft
$797/mo HOA Fee

Last Sold October 03, 2023

Last sale price $1,100,000

Est. 8% decrease in value since last sale

Current estimated payment $6,764/month

179 Days on Market

Highlights

  • New Construction
  • 3-minute walk to Gates Avenue
  • Balcony
  • Rooftop Deck
  • Terrace
  • Central Air

About This Home

As of October 2023

Introducing this stunning 2-bedroom, 2-bathroom condo at 959 Madison Street, an exciting new residential boutique offering luxurious homes, private outdoor space, and thoughtful amenities in a vibrant and accessible locale. Pre-finished engineered white oak floors, high ceilings with recessed lighting, and floor-to-ceiling double-glazed Pella windows combine to create light and airy interiors that exemplify modern city living. A spacious balcony and terrace, perfect for sun lounging, urban gardening, entertaining, and more.

A welcoming foyer adorned with a coat closet and full bathroom ushers residents into an open-concept living room, dining room, and kitchen saturated natural light. The living area flows out onto the balcony and terrace, while the corner kitchen is equipped with sleek Silestone countertops and backsplash, custom walnut cabinets from Miton, a wall-mounted pot filler, a Summit wine cooler, and high-end integrated appliances from Bertazzoni, Haier, and Fisher & Paykel.

The primary suite boasts a walk-through closet and a private en-suite bathroom with a custom Fresca double vanity, a custom vanity mirror with hidden storage, a floating Fine Fixtures toilet, and a walk-in rain shower with Grohe fixtures. The second bedroom has a large reach-in closet and direct access to the balcony and terrace. Additional features include a Blomberg washer/vented dryer, internet pre-wiring, and an energy efficient, ceiling-concealed multi-zoned Gree heating/cooling system.

Situated on a quiet tree-lined street at the nexus of Bushwick and Bed-Stuy, 959 Madison Street is minutes from dozens of restaurants, bars, cafes, grocery stores and shops. It is a few blocks from Saratoga Park and Irving Square Park, and it is close to the J, Z, and L subway lines. The building has an elevator, video intercom system, private storage, and a welcoming, furnished lobby. A lovely rooftop deck features cabanas, integrated lighting, a BBQ hookup, and open city views that stretch to the Manhattan skyline.

Last Agent to Sell the Property

Natanel Malkoukian

REAVIS PARTNERS LLC License #10401307136 Listed on: 03/03/2023

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,536

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 3,354

HOA Fees

  • $797 Monthly HOA Fees

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Terrace

Utilities

  • Central Air

Listing and Financial Details

  • Legal Lot and Block 162 / 3357

Community Details

Overview

  • Bushwick Subdivision
  • 5-Story Property

Amenities

  • Rooftop Deck

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,536

Year Built

Built in 2023 | New Construction

Lot Details

0

HOA Fees

$797 per month

Listing Details

  • Cross Street: Broadway/Bushwick Avenue
  • Exposures: North,West
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Bushwick
  • Entry Level: 3
  • ResoPropertyType: Residential
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 5

Interior Features

  • Appliances: Dryer, Washer
  • Living Area Units: Square Feet
  • Rooms (Total): 4

Beds/Baths

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

Exterior Features

  • Exterior Features: Balcony, Building Roof Deck
  • Patio/Porch Features: Terrace, Balcony

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 797.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Size Dimensions: 33.0 x 100.0

Building Info

  • New Construction: Yes
  • Total Stories: 5
  • Year Built: 2023

Tax Info

  • Tax Block: 3357
  • Tax Lot: 162
  • Tax Annual: 7536.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 3, 2023
Closed on
Aug 31, 2023
Sold by
Bushwick Development Group Llc
Bought by
Robbiani Spinelli Nina Ninotchka P and Valentine Jamie
Seller's Agent
Natanel Malkoukian
REAVIS PARTNERS LLC
List Price
$1,200,000
Sold Price
$1,100,000
Premium/Discount to List
-$100,000
-8.33%
Views
65
Current Estimated Value
$1,011,880

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$88,120
Avg. Annual Appreciation
-4.09%
Original Mortgage
$880,000
Outstanding Balance
$862,992
Interest Rate
6.96%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$155,154
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Robbiani Spinelli Nina Ninotchka P $1,100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Robbiani Spinelli Nina Ninotchka P $880,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/03/2023 10/03/23 Sold $1,100,000 -8.3% --
06/16/2023 06/16/23 For Sale $1,200,000 +9.1% --
06/16/2023 06/16/23 Off Market $1,100,000 -- --
05/09/2023 05/09/23 For Sale $1,200,000 0.0% --
04/26/2023 04/26/23 Off Market $1,200,000 -- --
03/04/2023 03/04/23 For Sale $1,200,000 -- --
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 $4,544 $154,065 $15,402 $138,663
2024 $4,544 $144,508 $15,402 $129,106
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10896069

Real Estate Board of New York (REBNY)

APN: 03357-1105