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662 Madison St, Brooklyn, NY, 11221

32beds
16baths
10,160sqft
$3,500,000
$344price/sqft
$22,210/moest. monthly cost
$888,400/yrincome needed

About This Home

Safdie Realty Group is pleased to present, on exclusive retainment to offer for sale 662 Madison Street, Brooklyn, NY (“the Property”) a large brick 4-story, multifamily walk-up property located between Stuyvesant Avenue & Malcolm X Blvd. 662 Madison Street spans 10,160 square feet consisting of eight (8) total residential units. All units are 4-5 bedrooms each with plenty of space as well as natural air and light. The residential units were renovated while keeping much of its original charm. A couple blocks away from the Gates Avenue Station servicing the J & Z train lines as well as Utica Avenue Station servicing the A & C train lines for smooth accessibility to Brooklyn and Manhattan. For more information reach out directly

Getting Around

89
WalkingVery Walkable
0
TransitVery Limited Transit
66
BikeBikeable

Schools

Construction

Condition

  • Year built: 1931

Materials

  • Roof: Roof Rights

Type & Style

  • Home type: SingleFamily
  • Property subType: Rental Unit

Interior

Appliances

  • Appliances included: Dishwasher,Washer/Dryer
  • Laundry features: Inside

Bedrooms & Bathrooms

  • Bedrooms: 32
  • Bathrooms: 16
  • Full bathrooms: 16

Cooling

  • Cooling features: Central Air

Features

  • Flooring: Hardwood
  • Fireplace: Yes

Interior Area

  • Total structure area: 10,160
  • Total interior livable area: 10,160 sqft

Property

Details

  • Special condition: Resale

Features

  • Patio & porch: Other,Deck
  • Exterior features: Courtyard,Balcony,Garden,Private Roof Deck
  • Has view: Yes
  • View description: City,Garden,Park/Greenbelt,Skyline

Parking

  • Parking features: Garage
  • Has garage: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Heat Wave
    Heat WaveRelatively High
  • Cold Wave
    Cold WaveModerate
  • Earthquake
    EarthquakeModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Heat Wave
Cold Wave
Earthquake
Strong Wind
Winter Weather
Tsunami

FEMA Declared Disasters in Kings County and New York

Flood
Severe Storm
Snowstorm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $17,697$212,364
Home Insurance *$1,201$14,412
Property Taxes $1,633$19,596
Electricity $1,679$20,148
Total$22,210$266,520
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$761,485/yr
40% on housing$666,300/yr
45% on housing$592,266/yr

New York FAIR Plan Programs

New York Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 20,669Commercial: 1,556
Total Premiums$32.27M
Total Exposure$7.63B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 4.2%
4.2%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: 1.2%
1.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$344This listing

vs Other Active Listings

Avg $/sqft

ZIP 11221$638
Kings County$697

vs Homes Sold Last Month

Median $/sqft

ZIP 11221$757
Kings County$623

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2024-03-19Price change$3,500,000
2023-11-21Listed for sale$3,850,000
2011-08-20Listing removed$1,425
2011-07-16Listed for rent$1,425

For Sale by Agent

AgentRoni Yaghoobzar
BrokerageSafdie Realty Group

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