7 months on rocket

956 Madison St, New York City, NY, 11221

$1,900,000

Home List Price

$10,000*

Closing Credit

5 Bedrooms
3 Full Baths, 2 Partial
Townhouse
Schools Nearby

Location

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956 Madison St, New York$1,900,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeTownhouse
ParkingAssigned, Garage
Garage1 space
Year Built2005
CoolingCentral Air
ViewOther
MLS #RPLU-33422667400
StatusActive

About 956 Madison St

<br>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.<br><br>The 2 apartments are separately metered, each with a washer & dryer, private outdoor space, and split system in every room.<br><br>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. <br><br>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.<br><br>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!<br><br>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.

Property Details

Property Features

Property Information:

  • Year Built: 2005

Listing Office:

  • Office Name: Corcoran Group
  • Office Phone: (212) 355-3550
  • Listing Agent: Daniel Cohen
  • Agent Phone: (862) 823-2674

Interior Features

Interior Information:

  • Basement: No

Bedroom and Bathroom Information:

  • Partial Bathrooms: 2
  • Full Bathrooms: 3
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • View: Other

Parking Information:

  • Garage Space: 1 space
  • Parking: Assigned, Garage

Utilities

Utilities Information:

  • Cooling: Central Air

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,900,000
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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

956 Madison St vs New York

238 DAYS ON ROCKET

+142 Days

$1,900,000

+$1.0M More

KEY TAKEAWAY

This property is $1.0M more than the Median Sold Price in New York, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: REBNY
  • MLS Number: #RPLU-33422667400

Listing Office:

  • Office Name: Corcoran Group
  • Office Phone: (212) 355-3550
  • Listing Agent: Daniel Cohen
  • Agent Phone: (862) 823-2674

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: 5/10/2024, 9:20:34 PM 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

$9,550

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,763

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-10088742
2
/10
  • PS 299 Thomas Warren Field School

  • 88 Woodbine St

  • 0.19 miles

  • Public District Grades PK-5

school-card-donut-10088743
3
/10
  • PS 309 George E Wibecan Preparatory Academy

  • 794 Monroe St

  • 0.27 miles

  • Public District Grades PK-5

school-card-donut-10088744
4
/10
  • Excellence Girls Charter School

  • 794 Monroe St3rd Fl

  • 0.28 miles

  • Public Charter Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $35,750. The majority of New York, NY residents have income less than $35k annually. Most families are single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 956 Madison St

What is the listing price of this property?

The listing price of 956 Madison St property is $1,900,000.

What type of property is this?

The property 956 Madison St is a townhouse located in New York City, New York, 11221.

Is this property for sale now?

Active Listing: 956 Madison St is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 956 Madison St has 5 bedrooms and 3 full and 2 half bathrooms.

Which year was this property built?

The year of construction for 956 Madison St is 2005.

Rocket HomesNew YorkKings CountyNew York11221956 Madison St

This home is located at 956 Madison St in New York City, NY and zip code 11221 in the Bushwick neighborhood. This home was built in 2005. Features: 5 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since September 15, 2023 and is currently priced at $1,900,000.

New York, NY housing market in April 2024 saw over 168 listings sold above listed price, more than 758 sold at listed price and over 748 sold below. The number of homes for sale in New York, NY increased by 3.8% between March 2024 and April 2024. In April 2024 median list price was $849,191 and the average listing age was 96 days.

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

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