NOT LISTED FOR SALE

959 Madison St Unit 5-A Brooklyn, NY 11221

Bushwick Neighborhood

Estimated Value: $683,000 - $752,000

1 Bed
1.5 Baths
672 Sq Ft
$392/mo HOA Fee

Last Sold August 21, 2023

Last sale price $715,000 $1,064 Per Sq Ft

Current estimated payment $4,521/month

86 Days on Market

Highlights

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

About This Home

As of August 2023

Introducing this stunning 1-bedroom, 1.5-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 terrace is perfect for sun lounging, stargazing, urban gardening, entertaining, and more.

A welcoming foyer adorned with a coat closet and powder room residents into an open-concept living room, dining room, and kitchen saturated natural light. The living area flows out onto the 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 bedroom 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. 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. Pets are welcome.

Last Agent to Sell the Property

Natanel Malkoukian

REAVIS PARTNERS LLC License #10401307136 Listed on: 03/06/2023

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,964

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 3,354

HOA Fees

  • $392 Monthly HOA Fees

Home Design

  • 672 Sq Ft Home

Bedrooms and Bathrooms

  • 1 Bedroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Terrace

Additional Features

  • South Facing Home
  • 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

$5,964

Year Built

Built in 2023 | New Construction

Lot Details

0

HOA Fees

$392 per month

Listing Details

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

Interior Features

  • Appliances: Dryer, Washer
  • Living Area: 672.0
  • Living Area Units: Square Feet
  • Rooms (Total): 3

Beds/Baths

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

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: 392.0
  • 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: 5964.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2023
Closed on
Aug 21, 2023
Sold by
Bushwick Development Group Llc
Bought by
Ma Yanlin
Seller's Agent
Natanel Malkoukian
REAVIS PARTNERS LLC
List Price
$745,000
Sold Price
$715,000
Premium/Discount to List
-$30,000
-4.03%
Views
85
Current Estimated Value
$715,655

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$655
Avg. Annual Appreciation
0.05%
Original Mortgage
$572,000
Outstanding Balance
$560,011
Interest Rate
6.78%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$155,644
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
Ma Yanlin $715,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ma Yanlin $572,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2023 08/21/23 Sold $715,000 -4.0% $1,064 / Sq Ft
06/02/2023 06/02/23 Pending -- -- --
05/09/2023 05/09/23 For Sale $745,000 0.0% $1,109 / Sq Ft
04/26/2023 04/26/23 Off Market $745,000 -- --
03/07/2023 03/07/23 For Sale $745,000 -- $1,109 / 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 $2,853 $96,734 $9,671 $87,063
2024 $2,853 $90,733 $9,671 $81,062
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10884858

Real Estate Board of New York (REBNY)

APN: 03357-1108