318 Madison Street

Bedford-Stuyvesant

$2,800,000
Last Sold Price
7
Beds
4
Baths
1
1/2 Bath
3,300 Sq. Ft.
$848 / Sq. Ft.
3,300
Sq. Ft.
$848
per Sq. Ft.

Description

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
...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 Agents

  1. Maria Ryan

    Maria Ryan

    Listing Agent

    Compass

    maria.ryan@compass.com

    P: 347.276.5165

  2. Libby Ryan

    Libby Ryan

    Listing Agent

    Compass

    libby.ryan@compass.com

    P: 917.617.4227

  3. Joe Ryan

    Joe Ryan

    Listing Agent

    Compass

    joe.ryan@compass.com

    P: 917.453.2676

Amenities

  • Primary Ensuite
  • Private Yard
  • Deck
  • Decorative Fireplace
  • Sound System
  • Hardwood Floors
  • High Ceilings
  • Walk Up
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LISTING UPDATED: 08/11/2021 01:50 AM

Property Details for 318 Madison Street

StatusSold
Days on Market22
Taxes$568 / month
Maintenance-
Min. Down Pymt-
Total Rooms16.5
Compass TypeTownhouse
MLS TypeMulti Family
Year Built1915
Lot Size2,000 SF / 20' x 100'
CountyKings County

Building

318 Madison St

3 Units4 StoriesBuilt in 1915
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Building Information for 318 Madison Street

Stories4Residences3Year Built1915Building Size20' x 40'Building Sq. Ft3,200 SFLot Size2,000 SF / 20' x 100'Building Age-Building Type-

Payment Calculator

$15,849 per month

30 year fixed, 7.25% Interest

Principal and Interest

$15,281

Property Taxes

$568

Maintenance/Common Charges

$0

The Payment Calculator is for illustrative purposes only.

Property History for 318 Madison Street

DateEvent & SourcePriceAppreciationLink
DateEvent & SourcePrice

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

Public Records for 318 Madison Street

Taxable ValueLand$33,000Additions$80,280Total$113,280
Home Facts
Total Finished SqFt3,200 SqFtLot Size2,000 SqFtYear Built1915ZoningR6BAPN3018240024

Schools near 318 Madison Street

This home is within Nyc Geog District #13 - Brooklyn.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 10 to 12
Public - 10 to 12
Public - 6 to 8
Rating
School
Distance
Academy of Arts and Letters
PublicPK to 8

Brooklyn Academy High School
Public10 to 12

Satellite East Middle School
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.

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