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$2,851,575
List Price: $2,895,000
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497 Madison Street #MF
Townhouse in Stuyvesant Heights •  building info
7bd • 4ba • 4,100ft² $706 per ft²
Buy with Yoreevo

$2,851,575

List Price

$2,895,000

photo of agent
James McGrath
(212) 365-0151 • 
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Key Details
Days on market
61
Last price change
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Estimated payment
$15,033
Taxes
$394
Monthly maintenance
N/A
Description
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, youll 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, youll 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.

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Important Stuff
Washer/Dryer in unit
Listing Amenities
Hardwood floors
Fireplace
Dishwasher
Outdoor Space
Terrace
History
What it'll cost
Purchase price
$2,895,000
Asking Price: $2,895,000
Term
30 Years
Down Payment
$579,000 (20%)
Min: 20% (579,000)
Rate
6.5 %
Mortgage Amount
$2,316,000
Mortgage Payment
$14,639
Taxes
$394
Estimated Yoreevo rebate
$43,425
Estimated closing cost
$99,000
Total monthly cost $15,033
Buy your dream home with us and get an estimated
$43,425 rebate.
Rebates vary by sale price, market and are subject to a minimum commission.
Listing Courtesy of Compass

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