3,500 Sq. Ft.
$912 / Sq. Ft.
3,500
Sq. Ft.
$912
per Sq. Ft.

Description

116 Madison Street, #TH Perfect for a 1031 Exchange property - 6.5 % Cap Rate Rare 5-Unit Investment Property Nestled Between Clinton Hill and Bed-Stuy Opportunity awaits with this gut-renovated multi-family townhome boasting 5 modern, apartments and a private backyard. 116 Madison Street offers steady income-generating potential and is equally suited as a live-and-rent or whole-home investment property. A modern stucco façade gives way to pristine interiors marked by beautiful hardwood floors, open-plan...116 Madison Street, #TH Perfect for a 1031 Exchange property - 6.5 % Cap Rate Rare 5-Unit Investment Property Nestled Between Clinton Hill and Bed-Stuy Opportunity awaits with this gut-renovated multi-family townhome boasting 5 modern, apartments and a private backyard. 116 Madison Street offers steady income-generating potential and is equally suited as a live-and-rent or whole-home investment property. A modern stucco façade gives way to pristine interiors marked by beautiful hardwood floors, open-plan layouts, airy ceilings, tall sash windows, recessed lighting, in-unit washers and dryers, and central A/C. Contemporary kitchens are adorned with sleek stone countertops, white subway tile backsplashes, custom cabinetry, matte black faucets, warm wood accents, and stainless steel appliances. Bathrooms feature floating vanities, stone tile walls and floors, and matte black fixtures. UNIT 1 is a 2-bedroom, 1-bathroom duplex with an eat-in peninsula, backyard access, and a sprawling recreation space perfect for use as a home office, gym, crafts area, playroom, and more. UNIT 2 is a 2-bedroom, 1-bathroom floor-though home with a balcony overlooking the backyard. UNITS 3 and 4 are sun-splashed 1-bathroom studios with single-line kitchens. UNIT 5 is a 2-bedroom, 1-bathroom floor-through penthouse with incredible light. 116 Madison Street sits on a pretty tree-lined street just off Bedford Avenue. There are dozens of exciting restaurants, bars, cafes, and shops nearby, including Place des Fetes, Clementine Bakery, Do or Dive, Ursula, Hart's, Artshack, Fan Fan Doughnuts, and The Franklin, among many others. Accessible subway lines include the A, C, and G, allowing for simple commutes to Manhattan, North Brooklyn, and Long Island City.  

Property Details for 116 Madison Street

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LISTING UPDATED: 02/06/2025 01:21 PM

Property Details for 116 Madison Street

StatusSold
MLS IDRPLU-1032523343958
Days on Market174
Taxes$378 / month
Maintenance-
Min. Down Pymt-
Total Rooms9.0
Compass TypeTownhouse
MLS TypeHouse/Building
Year Built1910
Lot Size2,000 SF / 100' x 20'
CountyKings County

Building

116 Madison St

3 Units3 StoriesBuilt in 1910
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Building Information for 116 Madison Street

Stories3Residences3Year Built1910Building Size20' x 38'Building Sq. Ft2,280 SFLot Size2,000 SF / 100' x 20'Building Age-Building Type-

Payment Calculator

$15,933 per month

30 year fixed, 6.15% Interest

Principal and Interest

$15,555

Property Taxes

$378

Maintenance/Common Charges

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 116 Madison Street

Summary
Location and General Information
  • Subdivision Name: Bedford-Stuyvesant
  • Stories Total: 1
  • Garage Spaces: 0.0
  • View: No
Taxes and HOA
  • Tax Lot: 0016
  • Tax Block: 01824
  • Flip Tax: $0
  • Building Tax Lot: 0016
  • Tax Abatement YN: false
Parking
  • Garage: No
  • Garage Spaces Assigned YN: false
Property
Lot Information
  • Living Area: 3500.0
  • Building Area Total: 3500.0
  • Building Area Units: SquareFeet
  • Lot Size Dimensions: 100.00x20.00
  • Living Area Units: SquareFeet
Building Information
  • Landmark Status YN: false
  • Building Smoke Free YN: true
  • Building Laundry Features: InUnit
  • Building Pets Allowed: BuildingYes
  • Capital Reserves YN: false
  • Green Building YN: true
Property and Assessments
  • New Development: No
  • Sponsor Unit: No
  • Certificate Of Occupancy: Yes
  • Percent Of Common Elements: .00%
  • Common Interest: None
  • New Construction: No
  • Structure Type: Townhouse
  • Property Condition: Excellent
Interior and Exterior Features
Exterior Features
  • Basement: Other
  • Patio And Porch Features: Deck
Interior Features
  • Cooling: Other
  • Entry Level: 1
  • Appliances: WasherDryerAllowed
  • Fireplace: No
  • Floor Number: 1
  • Basement: No
  • Cooling: Yes
  • Laundry Features: WasherHookup, InUnit
  • ElevatorsTotal: 0
  • Size Dimensions: 38.00x20.00
Multi Family
Multi-Family Information
  • Number Of Units Total: -1
Rental
Rental Information
  • Pets Allowed: UnitNo
  • Delivered Vacant: No
  • Attendance Type: None
  • Land Lease: No

Property History for 116 Madison Street

DateEvent & SourcePriceAppreciationLink
Jul 31, 2025

Sold (Public Record)

ACRIS #2025080500134001

$3,191,500

+32.2% / yr

Feb 10, 2025

Permanently Off Market

Manual

Feb 6, 2025

Listed (Active)

RLS RESO #RPLU-1032523343958

$3,450,000
Oct 16, 2024

Price Change

Manual

$3,550,000
Oct 9, 2024

Listed (Active)

Manual

$3,800,000
Mar 1, 2023

Sold

RLS RESO #RLS10832359

$1,625,000
Mar 1, 2023

Sold (Public Record)

ACRIS #2023030900653001

$1,625,000
Jan 23, 2023

Contract Signed

RLS RESO #RLS10832359

Jun 2, 2022

Listed (Active)

RLS RESO #RLS10832359

$2,200,000
DateEvent & SourcePrice
07/31/2025

Sold (Public Record)

ACRIS #2025080500134001

$3,191,500

+32.2% / yr

02/10/2025

Permanently Off Market

Manual

02/06/2025

Listed (Active)

RLS RESO #RPLU-1032523343958

$3,450,000
10/16/2024

Price Change

Manual

$3,550,000
10/09/2024

Listed (Active)

Manual

$3,800,000
03/01/2023

Sold

RLS RESO #RLS10832359

$1,625,000
03/01/2023

Sold (Public Record)

ACRIS #2023030900653001

$1,625,000
01/23/2023

Contract Signed

RLS RESO #RLS10832359

06/02/2022

Listed (Active)

RLS RESO #RLS10832359

$2,200,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 116 Madison Street

Taxable ValueLand$20,340Additions$93,000Total$113,340
Home Facts
Total Finished SqFt3,040 SqFtLot Size2,000 SqFtYear Built1910ZoningR6BAPN3019900028

Schools near 116 Madison Street

This home is within New York City Geographic District #13.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 10 to 12
Rating
School
Distance
P.S. 3 The Bedford Village
PublicPK to 5

Urban Assembly Unison School (The)
Public6 to 8

Bedford Academy High School
Public9 to 12

Brooklyn Academy High School
Public10 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey® MLS. Information Copyright 2026, OneKey® MLS. All data is deemed reliable but is not guaranteed accurate by Compass. See Terms of Service for additional restrictions. Compass · Tel: 212-913-9058 · New York, NY Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York’s Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the 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. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This information is not guaranteed, should be independently verified and may not reflect all real estate activity in the market. Offers of compensation set forth here are for other RLSParticipants only and may not reflect other agreements between a consumer and their broker.©2026 The Real Estate Board of New York, Inc., All rights reserved.