5 months on rocket

497 Madison St Unit Mf, New York City, NY, 11221

$2,795,000

7 Bedrooms
4 Full Baths, 2 Partial
4,100 SqFt
$682/SqFt
Townhouse
Schools Nearby

Location

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Property Highlights

Home TypeTownhouse
Year Built1931
CoolingCentral Air, Other
FireplaceOther
MLS #COMP-1520508398260376705
StatusActive

About 497 Madison St Unit Mf

497 Madison Street was originally constructed in 1931. This newly renovated home is the perfect combination of great location, high-end finishes, and impeccable details, an honorable salute to its past. This townhouse is a four-story, two-family Brownstone. This home features 7 bedrooms, 4 full bathrooms, 2 powder rooms, a large parlor deck, an expansive backyard garden, and a finished high-ceiling cellar. Entering the upper triplex, 5-bed 3-full bath 2-half bath home an elegant and wide stairwell greets you into the home through a double door foyer. To the left, the living area features a decorative fireplace. Further in, the dining area is adjacent to the open-layout kitchen. To the right, you’ll find a powder room conveniently tucked away. The kitchen features an island, custom cabinetry, double sinks, and a full complement of stainless steel appliances. From the kitchen, you can step outside to the extended deck and lovely backyard. Up the stairs, on two separate floors, you will find five bedrooms and three full baths. The very spacious primary bedroom faces the serene backyard and features three windows, a walk-in closet with built-in shelving, and a dressing area. The five-fixture primary bath is adorned with a tasteful double vanity, a glass-enclosed double shower, and a soaking tub. Down the hall, another beautiful spacious bedroom that can be used as a home office or nursery. In the hallway, you’ll find the washer and dryer closet. On the third floor, an additional en-suite bedroom with a bathroom and a walk-in closet and two smaller bedrooms facing the backyard. In the hallway, there is another full bathroom with a soaking tub. The private cellar can be accessed under the stoop, through a separate entrance, and is finished with tile floors and another powder room. It can easily be transformed into a playroom, media den, or artist studio or added to the in-law / rental unit. The separate garden floor two-bedroom unit can serve as an income-producing property or in-law apartment. This masterfully re-imagined townhouse is located on a beautiful, tree-lined street in the heart of Bedford-Stuyvesant. You are moments away from great dining establishments such as Chez Oskar, Saraghina, and Peaches and three local parks that feature playgrounds, basketball, and tennis courts. Nearby public transportation includes the A/C at Utica & J train at Halsey. JFK is a short 20-minute drive.

Property Details

Property Features

Property Information:

  • Architectural Style: Walk-Up
  • Year Built: 1931
  • Living Area: 4,100 SqFt

Listing Office:

  • Office Name: Compass
  • Office Phone: (212) 913-9058
  • Listing Agent: Eliane Bugod
  • Agent Phone: (917) 406-0338

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Range, Refrigerator, Range Hood, Stainless Steel Appliance(s), Washer
  • Flooring Type: Hardwood
  • Interior: Double Vanity, High Ceilings, Kitchen Island, Recessed Lighting, Walk-In Closet(s)
  • Fireplace: Other

Bedroom and Bathroom Information:

  • Partial Bathrooms: 2
  • Full Bathrooms: 4
  • Total Bedroom Count: 7

Exterior Features

Exterior Information:

  • Exterior: Private Yard

Parking Information:

  • Attached Garage: No

Utilities

Utilities Information:

  • Cooling: Central Air, Other

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,795,000
  • Price Per SqFt: $682/SqFt

HOA Fees:

  • Amount: $0
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in New York, NY.

Med. Sold Price

$849.1K

Med. Price/SqFt

$639

Avg. Days On Market

96

# of Sold Homes

1674

497 Madison St Unit Mf vs New York

176 DAYS ON ROCKET

+80 Days

$2,795,000

+$1.9M More

$682/SqFt

+$42 More

KEY TAKEAWAY

This property is $1.9M more than the Median Sold Price and $42/SqFt more than other homes in New York, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: REBNY
  • MLS Number: #COMP-1520508398260376705

Listing Office:

  • Office Name: Compass
  • Office Phone: (212) 913-9058
  • Listing Agent: Eliane Bugod
  • Agent Phone: (917) 406-0338

IDX ©2024 The Real Estate Board of New York, Inc., All rights reserved. Website powered by IHR Technology Services.

Listing information for certain New York City properties provided courtesy of the Real Estate Board ofNew York’s Residential Listing Service (the “RLS”). The information contained in this listing has not beenverified by the RLS and should be verified by the consumer. The listing information provided here is forthe consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property.

This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market.
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: 5/4/2024, 12:20:37 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$14K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$8,446

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-5670585
4
/10
  • PS 44 Marcus Garvey

  • 432 Monroe St

  • 0.17 miles

  • Public District Grades PK-5

school-card-donut-5670586
5
/10
  • Teaching Firms of America Professional Preparatory Charter School

  • 616 Quincy St3rd Fl

  • 0.18 miles

  • Public Charter Grades KG-3

school-card-donut-5670587
4
/10
  • La Cima Charter School

  • 800 Gates Ave

  • 0.29 miles

  • Public Charter Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $60,227. Residents of New York, NY typically earn between $35k-100k each year. The most common type of family is single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 497 Madison St Unit Mf

What is the listing price of this property?

The listing price of 497 Madison St Unit Mf property is $2,795,000.

What type of property is this?

The property 497 Madison St Unit Mf is a townhouse located in New York City, New York, 11221.

Is this property for sale now?

Active Listing: 497 Madison St Unit Mf is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 497 Madison St Unit Mf has 7 bedrooms and 4 full and 2 half bathrooms.

What is the square footage of this property?

The property 497 Madison St Unit Mf is 4,100 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 497 Madison St Unit Mf is 1931.
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Rocket HomesNew YorkKings CountyNew York11221497 Madison St Unit Mf

This home is located at 497 Madison St Unit Mf in New York City, NY and zip code 11221 in the Stuyvesant Heights neighborhood. This 4,100 square foot home was built in 1931. Features: 7 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since November 09, 2023 and is currently priced at $2,795,000.

While more than 168 listings in New York, NY in April 2024 were sold above asking price, there were more than 758 listings sold at asking price, and more than 748 were sold below. The inventory of homes for sale in New York, NY between March 2024 and April 2024 increased by 3.8%. In April 2024, listings were on the market for 96 days. During the same period, the median list price in this real estate market was $849,191.

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

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