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1032 Madison Street

1032 Madison Street, Brooklyn, NY 11221
Condo in Bushwick
2 Units
1 Units For Sale
Unit for sale at 1032 MADISON ST, Brooklyn, NY 11221

$1,499,000 In Contract

  • 4 Beds
  • 5 Baths
  • 2,400 ft²
1032 MADISON ST #NA, Brooklyn, NY 11221 Listing by Mathew Bradly Krem

1032 Madison Street is a condo located in Bushwick, Brooklyn. The building was first built in 1910 and is 114 years old. The lot that the building was built on is 20 feet wide and 100 feet long. The official lot area is listed as 2,000 square feet. The building itself is 20 feet wide and 60 feet long. In total, 1032 Madison Street has a total floor area of 2,400 square feet. Of that, 2,400 square feet are used for residential purposes. There are a total of 2 units. Of those, 2 are residential units. There are no commercial units in this building. 1032 Madison Street has a total of 2 floors.

Interested in learning more about the building? There are many great amenities and features for residents in the building. There are 5 closings on record, of which we have matching data for 1 listings. In the past 3 years, a listing in this building will typically remain on the market for about 313 days and tend to sell below the original asking price of $1,595,000 by 13.75%. The transaction that took the longest to complete was listed on Nov 12, 2020 for $1,738,000. This particular unit ultimately sold 313 days later for $1,499,000. The most recent transaction which was first advertised on Nov 12, 2020, sold for $1,499,000 on Sep 22, 2021. Fun fact, the oldest transaction we have on record took place on May 04, 1973. See the full transaction history for 1032 Madison Street below.

Bushwick, where 1032 Madison Street is located, has a median asking price of $1,100,000 for condo buildings. Meanwhile, the building itself has a median asking price of $1,595,000. For interested buyers, that means the building's median asking price is around 2.29% above the neighborhood's median asking price for condos. A buyer may therefore end up paying more for a unit in this building compared to other condo buildings in the neighborhood.

There is currently one active listing for sale within the building and our inventory of available units for sale is constantly updating in real time. Check back frequently for updates. The asking price for the only active sales listing is $1,499,000. It is a 2,400 sqft 4-bedroom and 5-bathroom unit.

Building Features

Exterior

Brick Exterior
Stucco Exterior

Laundry

Washer / Dryer Allowed

Building Style

Prewar
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20201112
11/12/2020
Studio
-
-
$1,738,000
bedrooms
Studio
bathrooms
-
$1,499,000 -13.75%
09/22/2021
Peter Cheung
Century Homes Realty Group LLC

Building Info

Overview

    General

  • Year Built: 1910
  • Building Count: 1
  • Floor Count: 2
  • Total Unit Count: 2
  • Residential Unit Count: 2
  • Basement Type: 2

    Dimensions

  • Lot Area Sqft: 2,000
  • Lot Size Depth Feet: 100
  • Lot Size Frontage Feet: 20
  • Building Depth: 60
  • Building Frontage: 20
  • Gross Building Area: 2,400

    Building Floor Area

  • Residential Building Floor Area: 2,400

    Floor Area Ratio

  • Built Floor Area Ratio: 1
  • Residential Floor Area Ratio: 2
  • Facilities Floor Area Ratio: 5

Building

  • Building Type: B3
  • Lot Type: 5
  • Land Use: 01
  • Irregular Lot Code: N
  • Proximity Code: 2
  • Extension Code: E

Neighborhood

  • Community District: 304
  • City Council District: 34
  • Police Precinct: 83
  • Fire Company: L112
  • Health Area: 3400
  • Sanitation District Borough: 3
  • Sanitation Subsection: 2A
  • School District: 32

Zoning

  • Split Boundary Zone Indicator: N
  • Zoning: R6

Geography

  • Borough Name: BK
  • Borough Code: 3
  • Block: 3367
  • Lot: 20
  • Borough Block Lot: 3033670020

    Address

  • Full Address: 1032 Madison Street
  • Zip Code: 11221

Valuation

    Assessments Valuation

  • Assessed Total Value: $98,760
  • Assessed Land Value: $14,400

    Exemptions

  • Exempt Total Value: $1,440
  • Exempt Land Value: $0

About Northern Brooklyn



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Frequently Asked Questions

What neighborhood is 1032 Madison Street located in?
The 1032 Madison Street is a condo located in the neighborhood of Bushwick in Northern Brooklyn, Brooklyn.
How many listings are currently for sale in 1032 Madison Street?
There is a listing currently on the market for sale.
What is the average sales price for listings in 1032 Madison Street?
The average sales price for units in 1032 Madison Street is $1,595,000 , or $625/sqft. currently.

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