For Sale · Listing by Nest Seekers LLC
118 Madison Street #3
Bedford-Stuyvesant, Brooklyn
$1,295,000
118 Madison Street #3
MLS® #RLS20120481
Listing by Nest Seekers LLC
- 2
- Bedrooms
- 2
- Baths
- 1,195
- Sq. Ft.
- 2025
- Year Built
Quick Summary
Property Highlights
- Exposure: North,South facing
- Outdoor Space: Balcony
- Style: WalkUp architecture
Property Details
Listing History
| Event | Date | Price | Change |
|---|---|---|---|
| Listed | Oct 8, 2026 | $1,295,000 | - |
| Currently | Oct 13, 2026 | $1,295,000 | - |
Description
Nestled on the border of Clinton Hill and Bedford-Stuyvesant, this beautifully designed two-bedroom, two-bathroom home sits within an intimate four-unit boutique condominium conversion. Located on Madison Street between Bedford and Franklin Avenues, it offers the ideal mix of modern comfort and classic Brooklyn energy. Sunlight pours in through oversized windows, illuminating an expansive living and dining area that opens directly onto a generous private balcony—perfect for morning coffee or evening relaxation. The thoughtful floor plan includes two generously sized bedrooms, highlighted by a spacious primary suite, along with two full bathrooms finished in imported stone and refined details.The well-appointed kitchen features stainless steel appliances, custom cabinetry, and premium finishes that balance style with everyday function. Throughout the home you’ll find beautiful hardwood floors, abundant closet space, an in-unit washer and dryer, and central air and heat.With notably low monthly costs and convenient access to the A, C, and G trains just moments away, Residence Three delivers exceptional value in one of Brooklyn’s most vibrant and well-connected neighborhoods.
Features & Amenities
Interior Features
Exterior Features
Appliances
Building Information
Financial Details
About Bedford-Stuyvesant
View All Bedford-Stuyvesant ListingsBedford/Stuyvesant, in Brooklyn, features a mix of traditional brownstone row houses and mid-rise apartment buildings. Local amenities include proximity to major parks and robust access via subway lines, such as the L and J/Z trains. The area retains much of its historic architecture alongside newer residential developments.
Bedford-Stuyvesant Live Market Data
View NeighborhoodActive Listings
102
Median Asking Price
$1.50M
Median $/Sqft
$857
Avg Days on Market
N/A
New This Week
5
Price Reduced
18%
Sold (30 Days)
16
Median Sale Price
$1.80M
Live data from RLS at REBNY • Updated 10/13/26, 6:34 AM EST
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Location
118 Madison Street #3, Bedford-Stuyvesant, Kings County • Near Franklin Avenue/Bedford Avenue
Building Information
Official NYC property records for this building
Tax & Assessment
Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.
Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)
Want help estimating ownership costs or understanding building compliance? Let's discuss
Listing Data
RLS® at REBNY (Real Estate Board of New York) via Trestle API. Updated in real-time.
Building Data
NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning. Updated quarterly.
Market Data
RLS® at REBNY (Real Estate Board of New York). Live data updated in real-time.
Map & Location
OpenStreetMap contributors via Leaflet. Geocoding via Nominatim.
All data is provided for informational purposes only and should be independently verified. See our Data Sources Policy for more information.
Frequently Asked Questions
Common questions about this property
The current listed common charges are $557 per month. Confirm the exact amount with Milton Coste before making an offer.
The current listed annual property tax is $3,564, or roughly $297 per month. Verify the current assessment with your attorney before closing.
This property has 2 bedrooms and 2 full bathrooms.
The listed interior living area is 1,195 square feet. Verify dimensions independently during due diligence.
According to MLS records, the building was constructed in 2025, making it approximately 1 years old.
This listing is a condominium. Buyers receive a deed to their individual unit and own their space outright, subject to condo association rules.
Pets are permitted at this property. Contact Milton Coste for weight limits or breed restrictions.
At the current list price of $1,295,000 for 1,195 sq ft, the asking price per square foot is approximately $1,084. This figure is for reference only and may differ from appraised or assessed values.
To schedule a private showing, contact Milton Coste at (917) 416-7433 or [email protected]. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.
Have a question not answered here?
(917) 416-7433Listing Courtesy of Nest Seekers LLC - Andy Kim
Listing Contact: (212) 252-8772
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 advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.
How working with a buyer's agent works: I work for you, not the seller. Before I show you anything, New York brokerage rules ask us to put that in writing: an agreement and a disclosure that say I work for you and negotiate on your behalf. The agreement is non-exclusive: you can work with other agents, it runs for a short fixed term we agree on, and you can end it with a note. You may attend open houses independently without an agreement. Read how it works
RLS Data display by Keller Williams NYC. Data last updated on 10/13/2026 at 10:34 AM UTC
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Sale history, taxes, violations and comps for this unit
Before you bid
Pre-Offer Report: 118 Madison Street #3
At $1,295,000, the listing leaves out what decides the offer: the recorded sale history, the tax and abatement picture, open building violations and permits, and the closed sales that set the price. Milton prepares the report from public records. No obligation.
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What happens next
- 1Milton emails you today.
- 2A short call about what you want and when.
- 3The agreement arrives electronically after the call. Then showings.
Your info is secure and never shared.
You're contacting Milton Coste, a buyer's agent. Before any private showing, New York brokerage rules require a short non-exclusive agreement. Milton walks you through it before you sign anything. Broker commissions are not set by law and are fully negotiable. How working together works.
Bedford-Stuyvesant Market Update
16 sales last 30 days · $1.50M median · 6.4 months supply
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Quick Facts
Monthly Costs Estimate
$259,000
Source: Freddie Mac PMMS
Est. Monthly Payment
$0
Estimates only. Consult a lender for exact figures.
Mansion tax applies at this price point
New York State charges the buyer a mansion tax on residential purchases at $1,000,000 or more. At this asking price the tier is $1M to $1,999,999 at 1.00%, applied to the whole purchase price. It is due in cash at closing and cannot be financed.
Estimated mansion tax at asking
$12,950
Estimate based on the asking price. Confirm your own obligation with your real estate attorney.
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