by RH Advisors

Check Availability
$525,000
Condo - In Contract

864 MADISON Street #1A

Brooklyn, NY 11221
bedrooms
Studio
bathrooms
2 Baths, 1 Half Bath
square feet
505 Sqft
$3,182
Estimated Monthly
$260
HOA / Fees
4.33%
Cap Rate

About This Property

Welcome to unit 1A, at Madison Lofts: a studio duplex with 2 bathrooms, in-unit washer-drier, massive private foyer separate from the apartment and incredibly low monthlies and taxes. As you enter, hang your coat and leave your shoes in your own private vestibule. Entering the open floor plan: the owner is greeted by floor to ceiling north facing windows, looking onto a classic tree-lined Brooklyn Row house block. The main living space open floorplan includes living, dining and micro chef's kitchen with dishwasher, quartz countertop and Liebherr refrigerator. The lower level features an additional 428 SF of windowed living space, to be used as a sleeping area or living, with a second half bath, closet, laundry and 2nd entrance/exit. All units features vented laundry, a dishwasher, and central-air: split systems and deeded basement storage. Madison Lofts shared building amenities include: virtual doorman with code entry, designer lobby, furnished roof deck with porcelain tile serving up Manhattan skyline views, designated bike and surfboard storage, a speakeasy sub-seller for lounging and entertaining, you will never have to leave the building! This boutique condo building is perfectly poised in location, price, and low monthlies; making 864 Madison Unit 1A an opportunity for any savvy home owner or investor. Estimated closing to commence this fall. Make an appointment today! Disclaimer, photos are virtually staged. Please see floor plan for details. This is not an offering. The Complete Offering Terms are in an Offering Plan available from the Sponsor. Sponsor is Madison Lofts LLC 1059 Fulton Street Brooklyn, New York 11238. CD19-0185.
Unit Size
505Ft²
Days on Market
-
Land Size
-
Price per sqft
$1,040
Property Type
Condo
Property Taxes
$344
HOA Dues
$260
Year Built
1931
Listed By
Leigh Wallace
Brown Harris Stevens Brooklyn LLC
Claire Wiggin
Brown Harris Stevens Brooklyn LLC
Last updated: 2 months ago (RLS #RPLU-850722316428)

Price History

Date / Event Date Event Price
Dec 13, 2023 In contract -
In contract
Nov 22, 2023 Relisted $525,000
Relisted
Oct 6, 2023 No longer available -
No longer available
Sep 28, 2023 Price Increased $525,000
↑ $30K (6.1%)
Price Increased
Jul 24, 2023 Listed by Brown Harris Stevens Brooklyn LLC $495,000
Listed by Brown Harris Stevens Brooklyn LLC

Property Highlights

New Development
Interior Details

Bathroom Information

Full Bathrooms: 1
Half Bathrooms: 1

Interior Information

Living Area: 505

Room Information

Laundry Features: Building None
Rooms: 3

Basement Information

Exterior Details

Property Information

Year Built: 2021

Building Information

Outdoor Living Structures: None
Pets Allowed: Building No, No

Land Information

Tax Lot: 0000
Tax Block: 01483

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Condo
Stu
1 Bath
793 ft²
$656/ft²
$520,000 Jan 26, 2021
$520,000 Jun 4, 2021
$955/mo
Condo
1 Bed
1 Bath
530 ft²
$821/ft²
$435,000 Aug 18, 2016
- Feb 5, 2021
$414/mo
Condo
1 Bed
1 Bath
585 ft²
$874/ft²
$511,000 Apr 17, 2019
$511,000 Oct 28, 2019
$317/mo
Condo
1 Bed
1 Bath
599 ft²
$880/ft²
$527,000 Jul 29, 2022
$527,000 Mar 14, 2023
$552/mo
Condo
1 Bed
1 Bath
599 ft²
$860/ft²
$515,000 May 22, 2022
$515,000 Apr 3, 2023
$552/mo
Condo
1 Bed
1 Bath
599 ft²
$923/ft²
$553,000 Jun 10, 2022
$553,000 Apr 3, 2023
$532/mo
Condo
1 Bed
1 Bath
504 ft²
$970/ft²
$489,000 Apr 7, 2021
-
$273/mo
Condo
1 Bed
1 Bath
555 ft²
$946/ft²
$525,000 Oct 27, 2023
-
$710/mo
Condo
1 Bed
1 Bath
562 ft²
$952/ft²
$535,000 Mar 12, 2024
-
$721/mo
Condo
1 Bed
1 Bath
555 ft²
$991/ft²
$550,000 Mar 12, 2024
-
$736/mo
Condo
1 Bed
1 Bath
562 ft²
$952/ft²
$535,000 Mar 25, 2024
-
$742/mo
Condo
1 Bed
1 Bath
554 ft²
$1,000/ft²
$554,000 Jan 17, 2024
-
$1,080/mo

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

864 Madison Street 864 Madison Street, Brooklyn, NY 11221
  • 7 Units
  • 2 Units for Sale
More about this Building
864 Madison Street
Want to find out who owns 864 Madison Street, Brooklyn, NY 11221? Get detailed property transactions here .

About Northern Brooklyn


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