Sold
Last Sold Price
5 beds3.5 baths3,600 sqft
587 Madison Street, Unit TWHM, Bedford-Stuyvesant
Multi FamilyProperty Type
$396/sq ftPrice per sq ft
Pets welcomePet policy

Description


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
...
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 closed: 02/19/2016 07:00 AM

Recent comparable sales

Median sold price

$1,690,000

Avg days on market

51

Sale-to-list ratio

98.5%

Brooklyn, NY

9 comparable properties found

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1

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Square Feet
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lot size
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Square Feet
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lot size
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Square Feet
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lot size
$1,220,000 | 153 Schenectady Avenue, Weeksville
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lot size
unknown
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Bedrooms
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Square Feet
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lot size
$1,825,000 | 490 Monroe Street, Bedford-Stuyvesant
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Bedrooms
3,752
Square Feet
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lot size
8

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Sold 11/22/24

5
Bedrooms
3,200
Square Feet
Unavailable
Acres
a view of a livingroom with furniture a fireplace and a flat screen tv
9

$1,840,000

Sold 09/25/25

5
Bedrooms
3,200
Square Feet
100' x 20'
lot size

Amenities

  • Private Yard
  • Decorative Fireplace
  • Decorative Mouldings
  • Hardwood Floors
  • High Ceilings
  • Oversized Windows
  • Powder Room
  • Home Office

Location

Add your commute

Payment Calculator

$8,808 per month

30 year fixed, 7.03% Interest

Principal and Interest

$8,558

Property Taxes

$250

Maintenance/Common Charges

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 587 Madison Street, Unit TWHM

Property Details
  • Taxes: $250 / month
  • Min. Down Pymt: 10%
  • Total Rooms: 10.0
  • MLS Type: House/Building
  • County: Kings County
  • Buyer's Agent Compensation: 2.5%

Property History for 587 Madison Street, Unit TWHM

DateEvent & SourcePriceAppreciation
Feb 19, 2016

Sold

Manual

$1,425,000—
Dec 3, 2015

Contract Signed

Manual

$1,399,000—
Nov 19, 2015

Contract Out

Manual

$1,399,000—
DateEvent & SourcePrice
02/19/2016

Sold

Manual

$1,425,000
12/03/2015

Contract Signed

Manual

$1,399,000
11/19/2015

Contract Out

Manual

$1,399,000

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

Schools near 587 Madison Street, Unit TWHM

This home is within New York City Geographic District #16.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
P.S. 308 Clara Cardwell
PublicPK to 8

Brooklyn High School Law And Tech
Public9 to 12

Brooklyn Green School (The)
Public6 to 8

Research And Service High School
Public9 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.

Bedford-Stuyvesant
Bedford-Stuyvesant
A beautiful historic district distinguished by its neighborly hospitality. Bed-Stuy represents something of a paradox: one of the largest neighborhoods in Brooklyn, it is practically a city within the borough, yet offers an intimate, slow-paced, small-town vibe. A sense of community pervades...

Neighborhood Map and Transit

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 587 Madison Street, Unit TWHM, Bedford-Stuyvesant
$1,425,000
5
3.5
3,600
–
$1,425,000
–
–
3,600
–
$1,175,000
5
–
2,000
$850,000
–
–
2,250
2,000
$1,699,000
7
3,600
2,000
$1,600,000
–
–
3,150
–

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim 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 seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

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