$2,800,000
Updated 5 years ago
Sold

318 Madison Street

Bedford Stuyvesant, Brooklyn | Marcy Ave & Tompkins Ave

17 Rooms7 Beds4.5 Baths3,300 Square FeetMulti-Family

$2,800,000
floors / apts3 / 3
Lot Size20'x100'
Built Size20'x40'
ZoneR6B
Building TypeHouse
RE Taxes$6,816
Price Per SF
$848

This property was sold for $2,800,000 on 08/06/21.

Listing Features

  • Original Details

Outdoor space and views

  • Garden Views

Building Amenities

  • Alarm System
  • Laundry Room

Property Description for 318 Madison Street

The best of brownstone living, plus rental income! 318 Madison Street was fully renovated in 2017, with additional improvements made since, for a stunning 2000+sqft owner’s triplex with exclusive outdoor space, and two gorgeous, income-producing 2-bedroom apartments above. Situated on a charming, tree-lined street in Bedford-Stuyvesant, 318 Madison’s 1915 historic charm is on display, while modern luxury lies within. The owner’s triplex can be entered up the stoop, through a stunning foyer, and to a parlor entrance. Tall ceilings, parlor windows, and a marble mantle root the home to its history. An open floor plan, chef’s kitchen, white oak flooring, new staircase ensconced in glass, and sliding glass doors to the newly finished deck showcase its modern renovations. As do the in-ceiling speaker system, built-in camera system, ADT security system, and 4-zone central air conditioning and heating system. The kitchen is designed with stylish white flat slab cabinetry, Carrera marble backsplash, pot filler, custom fitted two-zone wine cooler and built in Fisher and Paykel and Kitchenaid appliances. Ever rooted to Brooklyn, the countertop is made of reclaimed wood from an oak tree salvaged after Hurricane Sandy. The parlor floor offers a powder room and direct access to a spacious deck newly finished with ultra-durable and low-maintenance composite decking material, with enough room for dining, lounging, grilling, and access to the garden below. The garden level features three generously sized bedrooms and two baths, including a primary suite with two walk-in closets, an ensuite bath, and a wall of sliding glass doors out to the garden. The owners installed custom Shade Store shades throughout the house, including remote controlled shades in the primary suite. The garden features globe lights, a manicured lawn, a pergola with a bonus living space, water feature, and a living wall of greenery. The spacious south-facing yard allows a real grass lawn and light to pour into both levels of the home. The owners also finished the basement with new waterproof flooring, perfect for its use as a play space/media area on one end, an exercise space and laundry room on the other. The mechanicals, including the 4-zone AC and sump pump, are well hidden behind closed doors. The two rental units yield considerable rents with their prewar details, updated baths and kitchens, two spacious bedrooms, new skylights, hardwood flooring, and in-ceiling speakers. 318 Madison St is located across from the Arts and Letters elementary school, and by Tompkins Ave’s best establishments, such as Sincerely Tommy, Warude, BK Kettle, Bed Vyne Brew, Corto, Bar Camilo, Chicky’s and Herbert Von King Park. It is a brisk and tree-lined commute from 318 Madison to the express A train, with a 25 minute ride to Manhattan.

Listing History for 318 Madison Street

Now
08/06/2021
$2,800,000
Sold and Closed by Maria Ryan
Compass
06/10/2021
Contract Signed by Maria Ryan
Compass

Building Details for 318 Madison Street

OwnershipMulti-Family
Building TypeHouse
AgePre-War
AccessWalk-up
Year Built1915
Floors/Apts3/3
Learn More About the Building

Transit and Citi Bike

Subway

Nostrand Av
0.41 miles
Kingston-Throop Avs
0.44 miles

Railroad

Nostrand AvenueLong Island Rail Road
0.49 miles

Citi Bike

Monroe St & Tompkins Ave
0.09 miles
Marcy Ave & Gates Ave
0.14 miles

Contact Agents

Contact Agents

Maria Ryan
Compass
Libby Ryan
Compass

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: 81284TH