Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
118 Madison Street #PH

For Sale · Listing by Nest Seekers LLC

118 Madison Street #PH

Bedford-Stuyvesant, Brooklyn

$1,999,999

Interested in this property?
Active For Sale • Condo

$1,999,999

$1,304 per sq ft

118 Madison Street #PH

Bedford-Stuyvesant, Brooklyn

MLS® #RLS20126210

RLS at REBNY

Listing by Nest Seekers LLC

3
Bedrooms
2
Baths
1,534
Sq. Ft.
2025
Year Built

Quick Summary

Bedrooms 3
Bathrooms 2
Living Area 1,534 sq ft
Year Built 2025
Ownership Condo
HOA/Common Charges $857/mo
Property Taxes $5,016/yr
Neighborhood Bedford-Stuyvesant

Property Highlights

  • Style: WalkUp architecture
  • Climate Control: Central Air

Property Details

Type Condo
Ownership Condominium
Total Rooms 5
Baths 2 Full
Cooling Central Air
Pets Yes
Cross Street Franklin Avenue/Bedford Avenue
Year Built 2025
Living Area 1,534 sq ft
Architectural Style WalkUp
Parcel # 01990-0029
Block/Lot 1990/0029

Listing History

Event Date Price Change
Listed Nov 11, 2026 $1,999,999 -
Currently Nov 11, 2026 $1,999,999 -

Description

A rare offering at the crossroads of Bedford-Stuyvesant and Clinton Hill, this exceptional penthouse embodies the best of Brooklyn living, combining sophisticated interiors, generous proportions, and extraordinary private outdoor space. Spanning over 1,500 square feet, the residence features three spacious bedrooms, two full bathrooms, and exclusive access to an impressive private rooftop of over 800 square feet. The sun-drenched living and dining area is framed by oversized picture windows, showcasing beautiful views of the historic church across the street. The chef’s kitchen is appointed with premium appliances, custom cabinetry, and refined finishes, while central air and in-unit laundry provide modern convenience. A striking interior staircase leads to the private primary suite, a serene retreat featuring an en-suite bathroom, generous closet space, and its own secluded terrace. Beyond, your private rooftop sanctuary awaits, offering sweeping views of Brooklyn and the Manhattan skyline. An extraordinary setting for elegant entertaining, sunset gatherings, or peaceful moments above the city. Further enhancing this exceptional offering are remarkably low common charges and property taxes. The Penthouse at 118 Madison Street is a distinctive blend of space, elegance, privacy, and exceptional outdoor living in one of Brooklyn’s most sought-after neighborhoods.

Features & Amenities

Interior Features

Building Washer Dryer Install Allowed Common Area In Unit

Appliances

Dryer Washer

Building Information

Financial Details

Common Charges $857/mo
RE Taxes $5,016/yr ($418/mo)

Bedford/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 Neighborhood

Active Listings

98

Median Asking Price

$1.29M

Median $/Sqft

$822

Avg Days on Market

N/A

New This Week

3

Price Reduced

26%

Sold (30 Days)

9

Median Sale Price

$2.08M

Live data from RLS at REBNY • Updated 11/11/26, 3:46 AM EST

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Location

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118 Madison Street #PH, Bedford-Stuyvesant, Kings County • Near Franklin Avenue/Bedford Avenue

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1901
Year Built
125 years old
4
Floors
4
Residential Units
R7X
Zoning District
Walk-Up Apartments

Tax & Assessment

Assessed Value: $312,300
Land Value: $31,500
Exemptions: $0

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 2,000 SF
Building Area: 5,449 SF
Built FAR: 2.72
Allowed FAR: 5

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

Frequently Asked Questions

Common questions about this property

The current listed common charges are $857 per month. Confirm the exact amount with Milton Coste before making an offer.

The current listed annual property tax is $5,016, or roughly $418 per month. Verify the current assessment with your attorney before closing.

This property has 3 bedrooms and 2 full bathrooms.

The listed interior living area is 1,534 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 $1,999,999 for 1,534 sq ft, the asking price per square foot is approximately $1,304. 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) 416-7433
MLS® ID: RLS20126210
First Listed: 11/11/2026
On Market: 11/11/2026
Price Changed: 11/11/2026
Contract Date: 11/11/2026

Listing Courtesy of Nest Seekers LLC - Lukasz Bochenkiewicz

Listing Contact: (917) 669-8630

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 at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 11/11/2026 at 8:46 AM UTC

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Milton Coste - NYC Real Estate Broker

Milton Coste

Licensed Real Estate Associate Broker

Keller Williams NYC

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Sale history, taxes, violations and comps for this unit

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Bedford-Stuyvesant Market Update

9 sales last 30 days · $1.29M median · 10.9 months supply

Read Full Report

New listings in this neighborhood

Quick Facts

Status Active Type Condo Neighborhood Bedford-Stuyvesant Borough Brooklyn
County Kings
Year Built 2025
First Listed 11/11/2026
Style WalkUp
Living Area 1,534 sqft
Common Charges $857/mo
Annual Tax $5,016

Monthly Costs Estimate

Down Payment 20%

$400,000

Interest Rate Loading...

Source: Freddie Mac PMMS

Loan Term 30 years

Est. Monthly Payment

$0

Principal & Interest $0
PMI (under 20% down) $0
Common Charges $857
Est. Taxes $418
Total Monthly $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

$20,000

Run the numbers on a different offer price

Estimate based on the asking price. Confirm your own obligation with your real estate attorney.

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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.

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