$1,900,000
●
Townhouse -
For Sale
956 MADISON Street #NA
Brooklyn, NY 11221
5 Beds
4 Baths,
2
Half Baths
$9,889
Estimated Monthly
$0
HOA / Fees
2.99%
Cap Rate
About This Property
956 Madison Street is a renovated two-family home with a total of 5 bedrooms, 3 full and 2 half bathrooms. The house features a private driveway, 2 balconies and a backyard. The duplex unit has 3 bedrooms, 2.5 bathrooms, with a private backyard and a balcony. On the top floor, there is a floor-through 2 bedroom, 1.5 bathroom unit. Built in 2005, this home has a two-family Certificate of Occupancy, which was issued in 2006. The annual tax bill is currently $6,703.
The 2 apartments are separately metered, each with a washer & dryer, private outdoor space, and split system in every room.
This newly renovated gem boasts a range of luxurious features that will surely captivate discerning buyers. The owner's duplex has a beautiful and open kitchen with top-of-the-line Bertazonni appliances, just beyond the living room which you step into upon entry. A powder room, laundry room, Beyond the kitchen, discover your own oasis - a private backyard that offers a serene escape from the hustle and bustle of city life. This outdoor haven is perfect for relaxation, gardening, or hosting gatherings with friends and family.
The primary bedroom has a private balcony overlooking Madison Street, a large walk in closet, space for a King size bed plus a home office area, and spans the entire width of the 18.75' wide home. This suite shares access to a large bathroom with double sinks that has a pocket door. On the South Eastern wing of the home you'll find two more bedrooms each with ample closet space, and one with an en-suite bathroom.
On the top floor, a sun-filled two bedroom 1.5 bathroom unit with a private balcony off the living room offers an annual rental potential of $36,000. The galley kitchen can be closed off with a pocket door or left open, and has 3 walls of counter space!
The second unit offers incredible income potential, with an estimated annual rent of $36,000. If you are an investor, the bottom duplex will command approximately $54,000 a year.
Unit Size
-
Days on Market
226 days
Land Size
0.04 acres
Price per sqft
-
Property Type
Townhouse
Property Taxes
$559
HOA Dues
-
Year Built
2005
Listed By
Last updated: 3 months ago (RLS #RPLU-33422667400)
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Feb 1, 2024 | Relisted | $1,900,000 | |
Relisted | |||
Dec 19, 2023 | No longer available | - | |
No longer available | |||
Oct 25, 2023 | Price Decreased |
$1,650,000
↓ $100K
(5.7%)
|
|
Price Decreased | |||
Sep 15, 2023 | Listed by Corcoran Group | $1,750,000 | |
Listed by Corcoran Group |
Property Highlights
Parking Available
Garage
Air Conditioning
Parking Details
Has Garage
Parking Features: Assigned, Garage
Garage Spaces: 1
Interior Details
Bedroom Information
Bedrooms: 5
Bathroom Information
Full Bathrooms: 3
Half Bathrooms: 2
Interior Information
Appliances: Washer Dryer Allowed
Room Information
Laundry Features: Washer Hookup, In Unit
Rooms: 12
Basement Information
Exterior Details
Property Information
Year Built: 2005
Building Information
Outdoor Living Structures: None
Pets Allowed: Building Yes, No
Lot Information
Lot Size Dimensions: 90.00x18.75
Land Information
Tax Lot: 0014
Tax Block: 03366
Financial Details
Tax Annual Amount: $6,708
Utilities Details
Cooling Type: Central Air
Location Details
Subdivision Name: Bushwick
Stories Total: 3
View: Other
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Townhouse
5
Beds
4
Baths
3,285 ft²
$572/ft²
$1,880,000
Mar 27, 2018
$1,880,000
Jul 12, 2018
-
Townhouse
5
Beds
3
Baths
-
$1,657,500
Jun 12, 2018
$1,657,500
Feb 19, 2019
-
Sold
Townhouse
5
Beds
3
Baths
3,200 ft²
$500/ft²
$1,600,000
Aug 30, 2017
$1,600,000
Dec 27, 2017
-
Townhouse
5
Beds
4
Baths
-
$1,595,000
Feb 25, 2016
$1,595,000
May 5, 2016
-
Multifamily
5
Beds
5
Baths
2,520 ft²
$724/ft²
$1,825,000
Nov 4, 2021
$1,825,000
Feb 2, 2022
-
Multifamily
5
Beds
4
Baths
2,560 ft²
$771/ft²
$1,975,000
Feb 1, 2023
$1,975,000
Jun 16, 2023
-
Active
Townhouse
5
Beds
5
Baths
3,317 ft²
$630/ft²
$2,089,000
Mar 28, 2024
-
$265/mo
Active
Townhouse
5
Beds
5
Baths
3,317 ft²
$632/ft²
$2,095,000
Nov 28, 2023
-
$265/mo
In Contract
Townhouse
5
Beds
4
Baths
3,100 ft²
$677/ft²
$2,100,000
Jan 16, 2024
-
$406/mo
Active
Townhouse
5
Beds
4
Baths
3,205 ft²
$686/ft²
$2,199,000
Feb 29, 2024
-
$258/mo
Active
Multifamily
5
Beds
2.5
Baths
2,700 ft²
$630/ft²
$1,700,000
Jan 31, 2024
-
-
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
09/03/2021
|
|
3 Bed
|
1 Bath
|
2586 ft²
|
$999,000
3 Bed
1 Bath
2586 ft²
|
$756,000
-24.32%
03/24/2022
|
Salvatore Taormina
Robert DeFalco Realty, Inc.
|
Building Info
956 Madison Street
956 Madison Street, Brooklyn, NY 11221
- 2 Units
- 1 Unit for Sale