$1,399,000
Updated 11 years ago
Sold

587 Madison Street

Bedford Stuyvesant, Brooklyn | Lewis Ave & Stuyvesant Ave

10 Rooms5 Beds3.5 Baths3,600 Square FeetMulti-Family

$1,399,000
floors / apts4 / 2
Lot Size20'x100'
Built Size20'x45'
ZoneR6B
Building TypeTownhouse
RE Taxes$3,000
Price Per SF
$389

This property was sold for $1,425,000 on 02/19/16.

Property Description for 587 Madison Street

Welcome to “587 Madison.” This four story, two family, 20 foot wide Brownstone still has some original details intact, both inside and out. The property has approximately 3600 SF of living space excluding the cellar, and is situated on one of the most beautiful blocks in Bedford Stuyvesant. The residence is in need of some updating and lends itself to those willing to do a renovation project and make this home their own. This property is ideal for an acquisition/renovation loan candidate. The house is just a short distance from the A Express train at Utica Ave or J, Z at Gates Ave. Located on a very peaceful block, you will find many cafes, bars, restaurants and boutiques are only a stone’s throw away. 20 footers are hard to come by, so bring your contractor/architect to design your new dream home.

Listing History for 587 Madison Street

Now
12/04/2015
$1,399,000
Sold and Closed by Adam Sikorski
Compass
12/04/2015
Contract Signed by Adam Sikorski
Compass

Building Details for 587 Madison Street

OwnershipMulti-Family
Building TypeTownhouse
AgePre-War
AccessWalk-up
Year Built1901
Floors/Apts4/2
Learn More About the Building

Transit and Citi Bike

Citi Bike

Lewis Ave & Madison St
0.1 miles
Stuyvesant Ave & Gates Ave
0.11 miles

Contact Agents

Contact Agents

Bedford Stuyvesant | Brooklyn

Quick Profile

Known for its historic brownstones and tight-knit enclave, Bed-Stuy has increasingly left behind its early reputation for being a “bedroom community” and transcended into a highly desirable neighborhood. 

Distinct for its aesthetic, it is populated with ornate buildings characterized by cornices, friezes, finials, fluting and other marks of classic architecture. Built up during the period from 1870 to 1900, its historic district runs to the north of Jefferson Avenue, to the east of Malcolm X Boulevard and to the west of Tompkins Avenue. 

At one point known as “Brooklyn’s Little Harlem,” the shape of the area has shifted toward attracting a wider demographic of people thanks to the influx of bars, restaurants, antique furniture stores and vintage boutiques. More police enforcement paired with the decline of the crack epidemic at the beginning of the 2000s also opened the door for increased development, as well as the occupation of formerly abandoned buildings and spaces. 

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 60646TH