by RH Advisors

Check Availability
$1,900,000
Townhouse - For Sale

956 MADISON Street #NA

Brooklyn, NY 11221
bedrooms
5 Beds
bathrooms
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
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

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
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
-
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
-
Townhouse
5 Beds
5 Baths
3,317 ft²
$630/ft²
$2,089,000 Mar 28, 2024
-
$265/mo
Townhouse
5 Beds
5 Baths
3,317 ft²
$632/ft²
$2,095,000 Nov 28, 2023
-
$265/mo
Townhouse
5 Beds
4 Baths
3,100 ft²
$677/ft²
$2,100,000 Jan 16, 2024
-
$406/mo
Townhouse
5 Beds
4 Baths
3,205 ft²
$686/ft²
$2,199,000 Feb 29, 2024
-
$258/mo
Multifamily
5 Beds
5 Baths
-
$1,899,000 Mar 28, 2024
-
$387/mo
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
20210903
09/03/2021
3 Bed
1 Bath
2586 ft²
$999,000
bedrooms
3 Bed
bathrooms
1 Bath
square feet
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
More about this Building
956 Madison Street
Want to find out who owns 956 Madison Street, Brooklyn, NY 11221? Get detailed property transactions here .

About Northern Brooklyn


Similar Homes for Sale

Unit for sale at 586 Decatur Street, Brooklyn, NY 11233

$1,700,000

  • 5 Beds
  • 2.5 Baths
  • 2,700 ft²
586 Decatur Street, Brooklyn, NY 11233 Listing by Gary Weiner
Unit for sale at 790 Halsey Street, Bedford-Stuyvesant, NY 11233

$1,899,000

  • 5 Beds
  • 5 Baths
790 Halsey Street, Bedford-Stuyvesant, NY 11233 Listing by Bianca A Colasuonno
Open House: 1:30PM - 3PM, Sun Apr 21
Unit for sale at 661 Decatur Street, Brooklyn, NY 11233

$2,199,000

  • 5 Beds
  • 4 Baths
  • 3,205 ft²
661 Decatur Street, Brooklyn, NY 11233 Listing by Kyle Lewis

Nearby Rentals

Unit for rent at 24 Cook Street, Brooklyn, NY 11206

$5,000 /mo

  • 4 Beds
  • 2 Baths
24 Cook Street #1c, Brooklyn, NY 11206 Listing by Daniel Mak
Unit for rent at 390 Lorimer Street, BROOKLYN, NY, 11206

$5,800 /mo

  • 2 Beds
  • 1 Bath
390 Lorimer Street #3C, BROOKLYN, NY, 11206 Listing by Benjamin Taylor
Unit for rent at 88 Withers St, NY, 11211

$5,000 /mo

  • 1 Bed
  • 1 Bath
88 Withers St #3E, NY, 11211 Listing by Annie Osiecki


Quantcast