NOT LISTED FOR SALE

Estimated Value: $2,337,000 - $5,031,000

4 Beds
4 Baths
3,312 Sq Ft
$970/Sq Ft Est. Value

Last Sold August 17, 2016

Last sale price $2,750,000 $830 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $16,907/month

95 Days on Market

Highlights

  • Pre War Building
  • Garden
  • 4-minute walk to Crispus Attucks Playground

About This Home

As of August 2016

17 Madison Street is on the border of Clinton Hill and has been meticulously renovated while paying careful attention to maintain the historic character of the brownstone. It is currently configured as a grand and well-appointed owner's triplex over a charming garden rental. This house is twenty and a half feet wide and forty feet deep on four floors and the lot spans the full one hundred feet.

The parlor level features soaring ceilings with beautiful red oak herringbone floors and wainscoting throughout. The sun shines thru the two oversized windows in the front parlor, which flows seamlessly into the dining room providing the perfect space for entertaining. There is a decorative fireplace in the dining room, surrounded by custom, built-in shelving and cabinets that were repurposed from the homes original wood beams. The open kitchen off of the dining room is outfitted with a Bosch stainless steel hood, five-burner range and oven, a Fisher & Paykel stacked double-drawer dishwasher and a Thermador refrigerator. There is also the necessary half bath and coat closet on this floor.

A grand staircase takes you up one flight to two spacious bedrooms, one with a wood-burning fireplace and another with a decorative fireplace. This level features new white oak flooring throughout and independently zoned central air conditioning. The bathroom off of the hallway has been updated with white subway tiling, chrome fixtures from AF New York and a frameless glass enclosed shower.

The top floor has been transformed into a massive master suite. Double French pocket doors open to a vestibule between the master bedroom, a large walk-in closet and the master bath. The master bedroom is spacious with a separate sitting area and a gas fireplace. The California Closet offers tons of storage through built-in shelving and cabinetry. The master bathroom is huge, featuring another decorative fireplace, Lefroy Brooks fixtures, a double-vanity sink and a freestanding Americh tub set beneath two windows overlooking the back garden. The rainfall shower is a secluded, curved inlet off of the main room with tiling from Bisazza and radiant heat flooring. Additional features of this level include Brazilian walnut flooring throughout and independently zoned central air conditioning.

The one-bedroom, one-bathroom garden apartment has also been updated. The kitchen features stainless steel appliances and a small island, and the bathroom has new white subway tiling and a pedestal sink.

Among the many upgrades to this home are a new hot water heater, boiler, roof and copper water main.

This property is perfect for a 1031 exchange as it is ready for new owners and new tenants.

17 Madison Street is in close proximity to four subway lines, the C & S trains at Franklin Avenue, the G at Classon Avenue and the A & C trains at Nostrand Avenue. The LIRR at Nostrand Avenue is also just a few blocks away, making trips out east a breeze. The surrounding neighborhood is flourishing with local boutiques, cafes and bars making this the perfect place to call home.

Last Agent to Sell the Property

Terry Naini

Brown Harris Stevens Residential Sales LLC License #30NA1012651 Listed on: 04/13/2016

Brown Harris Stevens Residential Sales LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1899

Lot Details

  • Garden

Home Design

  • 3,312 Sq Ft Home
  • Pre War Building
  • Entry on the 4th floor

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Laundry

  • Dryer
  • Washer

Community Details

  • Bedford Stuyvesant Subdivision

Home Details

Home Type

Single Family

Year Built

Built in 1899

Lot Details

2,047 Sq Ft Lot

Listing Details

  • Cross Street: Classon & Franklin Avenue
  • Property SubType: Single Family Residence
  • Property Type: Residential
  • Neighborhood: Bedford Stuyvesant
  • Architectural Style: Prewar
  • Entry Level: 4
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Washer
  • Living Area: 3312.0
  • Living Area Units: Square Feet

Beds/Baths

  • Bathrooms Integer: 4
  • Bedrooms: 4

Exterior Features

  • Exterior Features: Garden

Building Info

  • Year Built: 1899

Tax Info

  • Tax Block: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2016
Closed on
Aug 18, 2016
Sold by
Rizzo Daniel A
Bought by
15 Christopher St Llc
Seller's Agent
Terry Naini
Brown Harris Stevens Residential Sales LLC
List Price
$2,750,000
Sold Price
$2,750,000
Current Estimated Value
$3,091,123

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$341,123
Avg. Annual Appreciation
1.64%

Purchase Details

Closed on
Jan 20, 2010
Sold by
17 Madison Street Properties Llc
Bought by
Rizzo Daniel A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$385,000
Interest Rate
5.05%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 17, 2009
Sold by
Ffmlt 2006-Ff10 Mortgage Pass Through Ce and Us Bank National Association As Trustee
Bought by
Warnock Real Estate Inc

Purchase Details

Closed on
Jul 18, 2008
Sold by
Charles F Otey Esq Refereee
Bought by
Us Bank National Association

Purchase Details

Closed on
Apr 28, 2006
Sold by
Katz Sondra
Bought by
Johnson Tara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$880,000
Interest Rate
6.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 17, 2001
Sold by
Jan San Realty Corporati
Bought by
Katz Sondra

Purchase Details

Closed on
Jan 9, 2001
Sold by
Katz Ronald and Katz Sondra
Bought by
Jan San Realty Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
7.13%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 28, 2000
Sold by
Ellis Nadyne and Ellis Cane Audrey
Bought by
Katz Ronald and Katz Sondra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
7.13%
Mortgage Type
Purchase Money Mortgage
Source: Public Records
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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
15 Christopher St Llc $2,750,000 --
15 Christopher St Llc $2,750,000 --
Rizzo Daniel A $875,000 --
Rizzo Daniel A $875,000 --
Warnock Real Estate Inc $435,000 --
Warnock Real Estate Inc $435,000 --
17 Madison Street Properties Llc -- --
Us Bank National Association $930,872 --
Us Bank National Association $930,872 --
Johnson Tara $850,000 --
Johnson Tara $850,000 --
Katz Sondra -- --
Katz Sondra -- --
Jan San Realty Corp -- Stewart Title
Jan San Realty Corp -- Stewart Title
Katz Ronald $260,000 First American Title Ins Co
Katz Ronald $260,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rizzo Daniel A $385,000
Previous Owner Johnson Tara $880,000
Previous Owner Katz Ronald $208,000
Closed Johnson Tara $220,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/20/2022 04/20/22 Off Market $2,750,000 -- --
08/17/2016 08/17/16 Sold $2,750,000 0.0% $830 / Sq Ft
07/18/2016 07/18/16 Pending -- -- --
04/14/2016 04/14/16 For Sale $2,750,000 -- $830 / Sq Ft
Source: Real Estate Board of New York (REBNY)

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 $9,872 $176,400 $22,080 $154,320
2024 $9,872 $139,320 $22,080 $117,240
2023 $9,931 $142,860 $22,080 $120,780
2022 $7,107 $116,940 $22,080 $94,860
2021 $9,633 $128,280 $22,080 $106,200
2020 $9,191 $155,520 $22,080 $133,440
2019 $8,569 $152,100 $22,080 $130,020
2018 $8,307 $40,750 $5,970 $34,780
2017 $8,063 $39,556 $9,143 $30,413
2016 $7,688 $38,455 $11,321 $27,134
2015 $2,266 $37,409 $11,547 $25,862
2014 $2,266 $17,764 $9,649 $8,115
Source: Public Records

Agents Affiliated with this Home

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Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10099961

Real Estate Board of New York (REBNY)

APN: 01987-0075

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