3 months on rocket

1242 Madison St, Brooklyn, NY, 11211

$675,000

Land
Schools Nearby

Location

Image provided by Mapbox

Property Highlights

Home TypeResidential
MLS #479578
StatusActive

About 1242 Madison St

Fantastic opportunity to acquire land for sale in prime Bushwick! This 18x100 lot, situated between Wilson Avenue and Knickerbocker Avenue, boasts R6 zoning, offering diverse development potential. Explore the possibilities for your vision in this vibrant and sought-after neighborhood.

Price Information

Listing Price Info

Price Summary:

  • List Price: $675,000

Tax Information:

  • Annual Amount: $303
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Brooklyn, NY.

Med. Sold Price

$965.9K

Med. Price/SqFt

$689

Avg. Days On Market

101

# of Sold Homes

378

1242 Madison St vs Brooklyn

92 DAYS ON ROCKET

-9 Days

$675,000

-$290.9K Less

KEY TAKEAWAY

This property is $290.9K less than the Median Sold Price in Brooklyn, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #479578

Listing Office:

  • Office Name: RE/MAX Edge

IDX Information being provided by Brooklyn Multiple Listing Service is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

The accuracy of all information, regardless of source, including but not limited to open house information, square footage and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Brooklyn Multiple Listing Service and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited.

Copyright © 2024 Brooklyn Multiple Listing Service. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 5/2/2024, 7:25:13 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

May 16, 2007Home Sold
$250,000

Tax History

YEARPROP. TAXASSESSMENT
2020$303$10,320
2019$302$10,320
2018$272$1,413
2017$252$1,334

History based on county public records data.

Payment Calculator

$3,436

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,090

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4592139
3
/10
  • PS 106 Edward Everett Hale

  • 1328 Putnam Ave

  • 0.09 miles

  • Public District Grades PK-5

school-card-donut-4592140
8
/10
  • Bushwick Ascend Charter School

  • 751 Knickerbocker Ave

  • 0.26 miles

  • Public Charter Grades KG-4

school-card-donut-4592141
4
/10
  • PS 116 Elizabeth L Farrell

  • 515 Knickerbocker Ave

  • 0.27 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $39,421. Most Brooklyn, NY residents have annual incomes less than $35k. Residents typically live in single, no kids family. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1242 Madison St

What is the listing price of this property?

The listing price of 1242 Madison St property is $675,000.

What type of property is this?

The property 1242 Madison St is land located in Brooklyn, New York, 11211.

Is this property for sale now?

Active Listing: 1242 Madison St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $303 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on May 16, 2007 for $250,000. (source: MLS/tax record).
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Rocket HomesNew YorkKings CountyBrooklyn112111242 Madison St

This home is located at 1242 Madison St in Brooklyn, NY and zip code 11211 in the Bushwick neighborhood. It has been listed on Rocket Homes since January 30, 2024 and is currently priced at $675,000.

Brooklyn, NY housing market in April 2024 saw over 25 listings sold above listed price, more than 208 sold at listed price and over 145 sold below. The inventory of homes for sale in Brooklyn, NY between March 2024 and April 2024 increased by 0.1%. In April 2024, listings were on the market for 101 days. During the same period, the median list price in this real estate market was $965,912.

From Rocket Homes Real Estate and based on county public records data.

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