719 Madison Street #TH
About This Property
This impressive two-family, brick townhouse comprises 4 bedrooms, 3 full bathrooms, and a sprawling landscaped backyard garden. From the inviting wide-plank white oak floors to the character-rich original doors and exposed brick accents, meticulous attention to detail defines every corner of this thoughtfully curated home.
Upon entering the owner's three-bedroom, two-bathroom duplex, you're immediately embraced by a luminous open-concept living and dining area. The generously proportioned living space seamlessly flows into the tastefully updated kitchen, complete with stainless steel appliances, stylish backsplash, and ample cabinetry. A full bathroom and a spacious bedroom on the parlor level overlook the tranquil backyard oasis. Bathed in sunlight, this serene bedroom features expansive windows and a sizable closet.
Ascending to the upper level reveals two additional generously sized bedrooms flooded with natural light. The opulent bathroom showcases marble-tiled floors, a refined double vanity, a clawfoot tub, a spacious standing shower, and a skylight. An expansive walk-in closet in the hallway provides ample storage solutions.
The separate garden-level unit offers a versatile one-bedroom, one-bathroom layout ideal for generating rental income or accommodating guests. Featuring a spacious living area and an open kitchen replete with high-end appliances, elegant cabinetry, and a sizable island, this unit exudes both comfort and sophistication. High ceilings and large windows further enhance the ambiance, creating a bright and inviting living space.
Both units are equipped with their own washer/dryer and offer convenient access to the expansive backyard, perfect for hosting outdoor gatherings and BBQs. Professionally landscaped with charming planters and partial decking, the backyard serves as a peaceful retreat for relaxation and entertainment.
Nestled in the heart of Bedford Stuyvesant, this enchanting townhouse enjoys proximity to the Salgado Playground and an array of acclaimed dining and coffee establishments including Passionfruit Coffee, Marian's Brooklyn, Cheri's Bedstuy, Mama Fox, Peaches, and Chez Oscar.
Commuting is a breeze with nearby access to public transportation including the A/C train at Utica and the J train at Gates Ave.
Don't miss the opportunity to call this remarkable residence your home.
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Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 12, 2024 | Sold | ||
| Sold | |||
| Apr 9, 2024 | In contract | - | |
| In contract | |||
| Mar 1, 2024 | Listed by Brick & Mortar LLC | $1,495,000 | |
| Listed by Brick & Mortar LLC | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/01/2024
|
4 Bed
|
3 Bath
|
2198 ft²
|
$1,495,000
4 Bed
3 Bath
2198 ft²
|
$1,555,000
+4.01%
06/12/2024
|
Megan Eisenberg
Brick & Mortar LLC
| |
|
04/24/2023
| |
4 Bed
|
3 Bath
|
1368 ft²
|
$1,695,000
4 Bed
3 Bath
1368 ft²
|
-
-
|
Tomer Shmuel
Massada Home Sales Inc.
|
|
06/14/2018
| |
4 Bed
|
3 Bath
|
-
|
$1,060,000
4 Bed
3 Bath
|
$850,000
-19.81%
05/24/2019
|
Afshin Termechi
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017