637 Madison Street

637 Madison Street in Brooklyn, NY was first built in 2022 and is 2 years old. This has been categorized as a residential property type. There are a total of 4 floors. 637 Madison Street has 5,442 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 230 ft and the linear feet between the front and back of the lot is 1,000. In total, the area measurement of the land is 2,300 square feet.

Learn more about the property and building on this page. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 637 Madison Street sold most recently in May 6, 2022 for a total of $960,000. If you work out the math, that's approximately a cost of $176.41 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $578 in taxes each year. 637 Madison Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $87,750. If we break it down further, the land itself was valued at $87,750. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!