$2,750,000
Price
8
Beds
4,961 Sq. Ft.
$554 / Sq. Ft.
4,961
Sq. Ft.
$554
per Sq. Ft.

Description

  Welcome to 241A Madison Street, a spacious three-family residence offering versatility for both end-users and investors. Built in 2012, this modern 20-foot-wide townhouse spans over 4,000 square feet and sits on a 50-foot-deep lot along a beautiful tree-lined brownstone block in Bedford-Stuyvesant. The property is composed of three distinct homes: Owner's Duplex with Roof Deck - A sun-filled 3-bedroom, 2-bathroom duplex that includes private access to a rooftop retreat. Full-Floor Residence...  Welcome to 241A Madison Street, a spacious three-family residence offering versatility for both end-users and investors. Built in 2012, this modern 20-foot-wide townhouse spans over 4,000 square feet and sits on a 50-foot-deep lot along a beautiful tree-lined brownstone block in Bedford-Stuyvesant. The property is composed of three distinct homes: Owner's Duplex with Roof Deck - A sun-filled 3-bedroom, 2-bathroom duplex that includes private access to a rooftop retreat. Full-Floor Residence - A 2-bedroom, 2-bathroom home with an efficient layout and abundant natural light. Garden Duplex with Backyard - A 3-bedroom, 2.5-bathroom duplex featuring direct access to a private backyard, ideal for outdoor entertaining or relaxation. With its flexible configuration, this property is an excellent option for an owner-occupant seeking income from two rental units, or as a pure investment opportunity. The home can generate approximately $170,000 annually, making it a strong cash-flowing asset in addition to a beautiful place to live. Situated on a charming brownstone street just a short walk from the A and C trains at Nostrand Avenue, 241A Madison offers both comfort and convenience in one of Brooklyn's most vibrant neighborhoods.    
  1. Listed by Shai Bernstein • Douglas Elliman Real Estate
    P: (718)-708-3350 C: (718)-708-3350 shai.bernstein@elliman.com
  2. Listed by Noam Y Gottlieb • Douglas Elliman Real Estate
    P: (646)-709-5052 C: (646)-709-5052 noam.gottlieb@elliman.com
  3. Listed by Sahar Ziv • Douglas Elliman Real Estate
    P: (646)-467-4694 C: (646)-467-4694 sahar.ziv@elliman.com

Property Details for 241 Madison Street

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LISTING UPDATED: 12/07/2025 02:09 PM

Property Details for 241 Madison Street

StatusActive
MLS IDRLS20045317
Days on Market104
Taxes$771 / month
Maintenance-
Min. Down Pymt-
Total Rooms17.0
Compass TypeMulti Family
MLS TypeMulti Family Townhouse
Year Built1910
Lot Size2,000 SF / 100' x 20'
CountyKings County

Building

241 Madison St

2 Units2 StoriesBuilt in 1910

Location

Listing Courtesy of Douglas Elliman Real Estate
Add your commute

Building Information for 241 Madison Street

Stories2Residences2Year Built1910Building Size20' x 40'Building Sq. Ft1,600 SFLot Size2,000 SF / 100' x 20'Building AgePre-warBuilding TypeTownhouse

Payment Calculator

$14,360 per month

30 year fixed, 6.28% Interest

Principal and Interest

$13,589

Property Taxes

$771

Maintenance/Common Charges

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 241 Madison Street

Summary
Location and General Information
  • Subdivision Name: Bedford-Stuyvesant
  • Stories Total: 4
  • Garage Spaces: 0.0
  • View: No
Taxes and HOA
  • Tax Lot: 0074
  • Tax Block: 01818
  • Flip Tax: $0
  • Building Tax Lot: 0074
  • Tax Abatement YN: false
Parking
  • Garage: No
  • Garage Spaces Assigned YN: false
Property
Lot Information
  • Living Area: 4961.0
  • Building Area Total: 4961.0
  • 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: Other
  • 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%
  • New Construction: No
  • Structure Type: Townhouse
  • Property Condition: Excellent
Interior and Exterior Features
Exterior Features
  • Basement: Other
  • Patio And Porch Features: None
Interior Features
  • Cooling: Other
  • Entry Level: 1
  • Fireplace: No
  • Floor Number: 1
  • Basement: Yes
  • Cooling: Yes
  • ElevatorsTotal: 0
  • Size Dimensions: 50.00x20.00
Multi Family
Multi-Family Information
  • Number Of Units Total: 4
Rental
Rental Information
  • Pets Allowed: UnitNo
  • Delivered Vacant: No
  • Attendance Type: None
  • Land Lease: No

Property History for 241 Madison Street

DateEvent & SourcePriceAppreciationLink
Sep 2, 2025

Listed (Active)

RLS RESO #RLS20045317

$2,750,000
Sep 22, 2016

Permanently Off Market

OLR #80430f440018b1ebcd4a5c0e5ea26ed8a454820f

Sep 6, 2016

Listed (Active)

OLR #80430f440018b1ebcd4a5c0e5ea26ed8a454820f

$1,400,000
Nov 29, 2011

Sold (Public Record)

ACRIS #2011120701346001

$648,000

+161.9% / yr

Jan 28, 2011

Sold (Public Record)

ACRIS #2011022400257001

$290,000
Jan 21, 2011

Permanently Off Market

RealPlus #1f7b0fe97a8ea5ee1204d3e132b117264138bf5e

$399,000
DateEvent & SourcePrice
09/02/2025

Listed (Active)

RLS RESO #RLS20045317

$2,750,000
09/22/2016

Permanently Off Market

OLR #80430f440018b1ebcd4a5c0e5ea26ed8a454820f

09/06/2016

Listed (Active)

OLR #80430f440018b1ebcd4a5c0e5ea26ed8a454820f

$1,400,000
11/29/2011

Sold (Public Record)

ACRIS #2011120701346001

$648,000

+161.9% / yr

01/28/2011

Sold (Public Record)

ACRIS #2011022400257001

$290,000
01/21/2011

Permanently Off Market

RealPlus #1f7b0fe97a8ea5ee1204d3e132b117264138bf5e

$399,000

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

Public Records for 241 Madison Street

Taxable ValueLand$14,400Additions$78,180Total$92,580
Tax Record2025$2,805 ($234 / month) Tax Class1Tax Rate20.085%
Home Facts
Total Finished SqFt2,400 SqFtLot Size2,000 SqFtYear Built1910ZoningR6BAPN3018180075

Schools near 241 Madison Street

This home is within New York City Geographic District #13.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 10 to 12
Public - 9 to 12
Public - 6 to 8
Rating
School
Distance
Academy of Arts and Letters
PublicPK to 8

Brooklyn Academy High School
Public10 to 12

Bedford Academy High School
Public9 to 12

Restoration Academy
Public6 to 8

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.

Neighborhood Map and Transit

Similar Homes

Similar Sold Homes

241 Madison Street is a multi-family home for sale in Bedford-Stuyvesant. This property was listed for sale on September 2, 2025 by Douglas Elliman Real Estate, it's currently listed at $2,750,000. It has been on the market for a total of 104 days and was last sold on November 29, 2011. This listing's school district is New York City Geographic District #13. Nearby schools include Academy of Arts and Letters, Brooklyn Academy High School and Bedford Academy High School. 241 Madison Street is a 8-bed, 7-bath, 4,961 sqft multi-family home built in 1910.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Douglas Elliman Real Estate

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 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 2025, 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. ©2025 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.©2025 The Real Estate Board of New York, Inc., All rights reserved.