by RH Advisors

See Home Value
$1,550,000
Multifamily - Off Market

204 MADISON Street #NA

Brooklyn, NY 11216
bedrooms
4 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
3200 Sqft
$1,568,126
RealtyHop Estimate
1.17%
Since Aug 1, 2023
NY-New York
Primary Model

About This Property

Quaint wood frame home with 3 apartments and a large South-facing rear yard awaiting your thoughtful upgrades.

This home is currently set up with a 2 bedroom 1.5 bath lower duplex and 2 floor through 1.5 bedroom, 1 bath apartments above. The duplex tenants enter under the stoop and the upper apartments enter up the stoop. The lower duplex has direct access to the back yard, and to the cellar for storage. The yard is a full 20' wide and stretches to the end of the South facing 100' lot.

Another layout option is to convert to a triplex over garden apartment layout where the garden apartment would get a patio, and the triplex apartment could have a deck, and access to the back yard. The home is built 4 floors, 20' x 40' on a 100' lot. City records indicate that there is 800 sqft of buildable area.

The parlor floor is well-preserved with nice tall windows and shutters, pretty ceiling moldings and lots of original wood trim and shutters. The original detail in the stoop vestibule is largely intact, too, giving the upstairs tenants a nice entrance. In various parts of the home you will find original sub flooring and other original details.

The home features a recent forced air heating system, recent hot water heater, upgraded electrical panels, and new steel beam and posts in the cellar. The cellar is dry. With some updates the home can offer you many years of reliable enjoyment. Be sure to bring a home inspector to suggest upgrades to some of the local plumbing in the cellar, and the roof.

The tenants are on month to month free market occupancy, but of course they would love to stay.

ALL SHOWINGS AND OPEN HOUSE APPOINTMENTS ARE BY APPOINTMENT ONLY!

This home is located on Madison Street between Bedford and Nostrand Aves - so it's very convenient to the A/C trains at Bedford Nostrand (Fulton), and G train at Bedford/Nostrand (Lafayette) and the LIRR at Nostrand (Atlantic Ave). There is excellent bus service in the area and a large number of supermarkets, restaurants and cafe's nearby
Unit Size
3,200Ft²
Days on Market
102 days
Land Size
-
Price per sqft
$484
Property Type
Multifamily
Property Taxes
-
HOA Dues
-
Year Built
1910
Last updated: 8 months ago (RLS #RPLU-5122389869)

Price History

Date / Event Date Event Price
Jul 28, 2023 Sold $1,550,000
Sold
May 14, 2023 In contract -
In contract
Apr 17, 2023 Listed by Douglas Elliman Real Estate $1,450,000
Listed by Douglas Elliman Real Estate

Property Highlights

Interior Details

Bedroom Information

Bedrooms: 4

Bathroom Information

Full Bathrooms: 3
Half Bathrooms: 1

Interior Information

Appliances: Washer Dryer Allowed

Room Information

Rooms: 12
Exterior Details

Property Information

Property Condition: GoodCondition


Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Townhouse
4 Beds
3 Baths
2,745 ft²
$638/ft²
$1,750,000 Jun 28, 2021
$1,750,000 Jan 4, 2022
$535/mo
Townhouse
5 Beds
3 Baths
3,200 ft²
$469/ft²
$1,500,000 Oct 6, 2022
$1,500,000 Mar 1, 2023
-
Multifamily
4 Beds
3 Baths
-
$1,300,000 Dec 14, 2022
$1,300,000 May 12, 2023
-
House
3 Beds
2 Baths
2,315 ft²
$799/ft²
$1,850,000 Feb 8, 2023
$1,850,000 Mar 15, 2023
-
Condo
3 Beds
3 Baths
1,832 ft²
$761/ft²
$1,395,000 Jun 4, 2018
$1,395,000 Aug 24, 2018
$838/mo
Condo
3 Beds
3 Baths
1,419 ft²
$969/ft²
$1,375,000 May 12, 2018
$1,375,000 Sep 27, 2018
$838/mo
Multifamily
4 Beds
3 Baths
2,100 ft²
$595/ft²
$1,250,000 Jan 19, 2023
-
-
Multifamily
5 Beds
5 Baths
3,048 ft²
$459/ft²
$1,399,900 Jul 21, 2023
-
$833/mo
House
4 Beds
2 Baths
-
$1,499,000 Mar 20, 2023
-
$246/mo
Condo
3 Beds
2 Baths
1,335 ft²
$973/ft²
$1,299,000 Feb 20, 2017
-
$1,185/mo
Multifamily
5 Beds
3 Baths
-
$1,500,000 May 11, 2023
-
$159/mo
Multifamily
5 Beds
4 Baths
-
$1,350,000 Nov 30, 2022
-
$759/mo

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20230417 Unit NA
04/17/2023
NA
4 Bed
4 Bath
3200 ft²
$1,450,000
bedrooms
4 Bed
bathrooms
4 Bath
square feet
3200 ft²
$1,550,000 +6.90%
07/28/2023
-
James Kerby
Prudential Douglas Elliman Real Estate

Building Info

204 Madison Street 204 Madison Street, Brooklyn, NY 11216
  • 3 Units
More about this Building
204 Madison Street
Want to find out who owns 204 Madison Street, Brooklyn, NY 11216? Get detailed property transactions here .

About Northern Brooklyn


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