111 Madison St
Brooklyn, NY 11216 (Bedford - Stuyvesant)
Contact For Estimate

111 Madison St
Brooklyn, NY 11216

(Bedford - Stuyvesant)
  • 4,959 sqft
  • 1,875 sqft lot size
  • Multi-Family
Off Market · Public Record
Contact For Estimate
111 Madison St
  • 9
  • See the local terrain and how close this home is to parks and main streets.

    View More

  • Take a virtual walk around the neighborhood.

    View More

  • 1 Elementary School

    1 High School

    View More

  • Low crime relative to the rest of Kings county.

    View More

  • 16% of residents commute by car.

    View More

  • 720 Restaurants

    133 Grocery stores

    180 Nightlife

    View More

  • Get a feel for the community.

    View More

Off Market · Public Record

Home Details

Overview
  • Multi-Family
  • Built in 2007
  • 1,875 sqft lot size
  • 4,959 sqft
Description

This property is no longer available to rent or buy. This description is from November 15, 2017
Big Upside - Easy Investment Savvy Buyers welcome! 111 Madison Street is a modern 5 story, 3 Family Town House boasting over 3,700 square feet of space and a substantial rental income of approximately $132,000 per year. This inviting investment is conveniently located near the Clinton Hill boarder between Franklin Avenue and Bedford Avenues in close proximity to C & A express trains at Nostrand Avenue & Franklin Avenue stations as well as the Franklin Avenue Shuttle. Before ever stepping foot inside this staple investment, future owners and occupants will be welcomed by a vibrant community characterized by an endless array of restaurants, bars, cafes, creative venues and bustling nightlife in Bedford Stuyvesant and neighboring Crown Heights & Clinton Hill and Crown Heights. Enter into a sweeping garden apartment duplex indicative of 111 Madison's aesthetic and upside, featuring recessed lighting, cherry hardwood floors, and large exposures throughout. This convertible 3 bed/2bath duplex features an airy open concept living room leading into a renovated pass through kitchen. Unit 1 features 2 open lean en suite bedrooms leading out to a spacious garden area and concludes with a separate laundry room, a spacious recreational room (convertible bedroom) and bathroom on the lower level. The second floor apartment also offers a convertible 3-bedroom layout. While the unit opens with a spacious and sunny open concept living room leading through a modern pass through kitchen, it concludes with an office/den and 2 king-sized bedrooms overlooking the garden in the rear. 111 Madisons top floor apartment is another sweeping duplex featuring 3 spacious bedrooms and roof deck, including one lofted ceiling bedroom, suitable as a secluded master suite with immediate outdoor access. Generate monthly income in this rent ready building or renovate for even more upside! call Mark and Michelle Today!

Price History
Date
Price
Event

11/07/2013
$320,840
Sold
Recording Date
11/07/2013
Contract Date
10/07/2013
Sale Price
$320,840
Price Type
Full amount stated on Document.
County Transfer Tax
N/A
Total Transfer Tax
N/A
Transaction Type
Purchase/Resale Arm's Length Residential Transaction
Document Type
N/A

01/04/2007
$850,000
Sold
Recording Date
01/04/2007
Contract Date
12/05/2006
Sale Price
$850,000
Price Type
Full amount stated on Document.
County Transfer Tax
N/A
Total Transfer Tax
N/A
Transaction Type
Purchase/Resale Arm's Length Residential Transaction
Document Type
N/A

02/03/2006
$240,000
Sold
Recording Date
02/03/2006
Contract Date
01/10/2006
Sale Price
$240,000
Price Type
Full amount stated on Document.
County Transfer Tax
N/A
Total Transfer Tax
N/A
Transaction Type
Insured Non-Residential Grant Deed
Document Type
N/A

Property Taxes and Assessment
Year
2016
Tax
$8,883.76
Assessments
$45,432
Land
$14,135
Improvements
$31,297
Total
$45,432
Market Value
N/A

Price Trends
Real Estate Trends
Average Listing Price for 11216
$1,293,981
52% above sold price
Median Sale Price for 11216
$716,000
16% below sold price
Average Sale price/sqft for 11216
$795/sqft
Comparables and Estimates
Sold Homes
Address Distance Property Type Sold Price Sold Date Bed Bath Sqft
4.62
Multi-Family
$1,380,000
01/05/18
-
-
3,937
2.75
Multi-Family
$1,250,000
01/08/18
-
-
1,368
2.13
Multi-Family
$1,775,000
01/03/18
-
-
3,000
4.44
Multi-Family
$1,138,000
01/09/18
-
-
3,090
1.5
Multi-Family
$1,550,000
01/05/18
-
-
2,121
2.85
Multi-Family
$1,150,000
12/27/17
-
-
2,100
2.96
Multi-Family
$1,375,000
01/03/18
-
-
2,361
1.34
Multi-Family
$1,715,000
01/12/18
-
-
2,400
1.38
Multi-Family
$1,435,000
12/22/17
-
-
2,142
2.12
Multi-Family
$1,200,000
12/29/17
-
-
2,828

Contact Info


tracking