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724 Madison Street

724 Madison Street, Brooklyn, NY 11221
1 Unit
1 Units For Sale
Unit for sale at 724 MADISON Street, Brooklyn, NY 11221

$1,425,000 In Contract

  • 3 Beds
  • 2 Baths
  • 1,640 ft²
724 MADISON Street #NA, Brooklyn, NY 11221 Listing by Toni Martin

The building on the property was first built in 1899 and is 125 years old. The building has a total of 2 stories. The linear feet between the front and back of the lot is 100 ft and across the front of the lot is 20 ft.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. The total value of the property was assessed at $78,360. Specifically, the land the property is located on was valued at $18,180. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.

This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1899
  • Building Count: 1
  • Floor Count: 2
  • Total Unit Count: 1
  • Residential Unit Count: 1
  • Basement Type: 2

    Dimensions

  • Lot Area Sqft: 2,000
  • Lot Size Depth Feet: 100
  • Lot Size Frontage Feet: 20
  • Building Depth: 35
  • Building Frontage: 20
  • Gross Building Area: 1,400

    Building Floor Area

  • Residential Building Floor Area: 1,400

    Floor Area Ratio

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

Building

  • Building Type: A9
  • Lot Type: 5
  • Land Use: 01
  • Irregular Lot Code: N
  • Proximity Code: 2
  • Extension Code: N

Neighborhood

  • Community District: 303
  • City Council District: 36
  • Police Precinct: 81
  • Fire Company: E214
  • Health Area: 3000
  • Sanitation District Borough: 3
  • Sanitation Subsection: 4B
  • School District: 16

Zoning

  • Split Boundary Zone Indicator: N
  • Zoning: R6B

Geography

  • Borough Name: BK
  • Borough Code: 3
  • Block: 1647
  • Lot: 17
  • Borough Block Lot: 3016470017

    Address

  • Full Address: 724 Madison Street
  • Zip Code: 11221

Valuation

    Assessments Valuation

  • Assessed Total Value: $78,360
  • Assessed Land Value: $18,180

    Exemptions

  • Exempt Total Value: $0
  • Exempt Land Value: $0

About Northern Brooklyn



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Frequently Asked Questions

What neighborhood is 724 Madison Street located in?
The 724 Madison Street is a located in the neighborhood of Bedford-Stuyvesant in Northern Brooklyn, Brooklyn.
How many listings are currently for sale in 724 Madison Street?
There is a listing currently on the market for sale.
What is the average sales price for listings in 724 Madison Street?
The average sales price for units in 724 Madison Street is $1,425,000 , or $869/sqft. currently.

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