544 Madison St Brooklyn, NY 11221
Bed-Stuy Neighborhood
5
Beds
2.5
Baths
2,394
Sq Ft
2,090
Sq Ft Lot
About This Home
As of May 2024Welcome to a rare opportunity in the heart of historic Bedford-Stuyvesant, Brooklyn - a 2-family townhouse that's been cherished by one family for over half a century. This property, built in 1901, now awaits its next chapter in the hands of a discerning buyer ready to breathe new life into its storied walls.
Boasting an impressive 110' foot lot, this property provides a rare opportunity to create a sprawling urban oasis in the heart Bedstuy. Envision lush gardens, outdoor entertaining spaces, or even the possibility of an extension - your canvas is vast. Bring your creative flair and reimagine this space to suit modern tastes while preserving the charm of its heritage.
With two distinct units, this brownstone offers flexibility for multi-generational living, rental income, or the combination of both. The potential is limited only by your imagination.
Situated near an array of acclaimed restaurants, your new home is a gastronomic delight. Experience the diverse culinary offerings of Bedford-Stuyvesant just steps from your front door.
Take advantage of the opportunity to build equity in a sought-after Brooklyn neighborhood. Seize the chance to breathe new life into this timeless brownstone, preserving its historical essence while crafting a space tailored to contemporary living. The canvas is yours, and the possibilities are as limitless as the history within these walls. Schedule a viewing today and embark on a journey to transform this family treasure into your own urban sanctuary.
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $4,116
Year Built
- Built in 1901
Lot Details
- 2,090 Sq Ft Lot
- Lot Dimensions are 110.00x19.00
Interior Spaces
- 2-Story Property
- 3 Fireplaces
- Basement
Bedrooms and Bathrooms
- 5 Bedrooms
Utilities
- Window Unit Cooling System
Community Details
- 2 Units
- Stuyvesant Heights Subdivision
Listing and Financial Details
- Legal Lot and Block 0031 / 01644
Map
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/03/2024 05/03/24 | Sold | $1,335,000 | +34.2% | $558 / Sq Ft |
| 01/11/2024 01/11/24 | Pending | -- | -- | -- |
| 11/24/2023 11/24/23 | For Sale | $995,000 | -- | $416 / Sq Ft |
Source: Real Estate Board of New York (REBNY)
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $4,131 | $110,340 | $18,840 | $91,500 |
| 2023 | $4,126 | $97,500 | $18,840 | $78,660 |
| 2022 | $3,776 | $100,740 | $18,840 | $81,900 |
| 2021 | $3,703 | $77,760 | $18,840 | $58,920 |
| 2020 | $3,703 | $76,080 | $18,840 | $57,240 |
| 2019 | $3,418 | $78,780 | $18,840 | $59,940 |
| 2018 | $3,288 | $20,928 | $5,244 | $15,684 |
| 2017 | $3,608 | $19,764 | $6,539 | $13,225 |
| 2016 | $3,336 | $18,662 | $8,335 | $10,327 |
| 2015 | $1,825 | $18,662 | $12,501 | $6,161 |
| 2014 | $1,825 | $17,616 | $14,166 | $3,450 |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $400,000 | Purchase Money Mortgage | |
| Previous Owner | $1,250,000 | Purchase Money Mortgage | |
| Previous Owner | $350,000 | Unknown |
Source: Public Records
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $2,636,000 | -- | |
| Deed | $1,335,000 | -- | |
| Deed | $1,335,000 | -- | |
| Deed | -- | -- | |
| Deed | -- | -- |
Source: Public Records
Similar Homes in Brooklyn, NY
Source: Real Estate Board of New York (REBNY)
MLS Number: RLS10955437
APN: 01644-0031
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