Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $3,100,000

· Sold at asking price · Closed July 9, 2026

SOLD: 318 Madison Street
SOLD $3,100,000
Sold Multi Family

$3,100,000

$778 per sq ft

318 Madison Street

Bedford-Stuyvesant, Brooklyn

MLS® #RLS20083848

RLS at REBNY

Listing by Corcoran Group

7

Bedrooms

5.5

Baths

3,987

Sq. Ft.

1915

Year Built

Sale Details

Sale Price $3,100,000
Original List Price $3,100,000
First Listed At $3,200,000
Close Date July 9, 2026
vs. Asking Sold at asking price

Property Summary

Bedrooms 7
Bathrooms 5 full, 1 half
Living Area 3,987 sq ft
Year Built 1915
Ownership None
Property Taxes $5,532/yr
Neighborhood Bedford-Stuyvesant
Floor 1 of 3

Description

Imagine living in a fully renovated historic brick townhouse with sun-drenched interiors and a private garden that offers effortless indoor-outdoor entertaining - all while two beautifully appointed residences above generate substantial income. On a picturesque, tree-lined block in the heart of Bedford-Stuyvesant, 318 Madison Street stands as a rare offering: a meticulously restored 1915 townhouse that seamlessly unites historic grandeur with sophisticated modern living. Behind its classic facade lies an exceptional owner's triplex spanning over 2,000 square feet, complemented by two beautifully designed two-bedroom residences above that provide meaningful rental income. Ascend the iconic townhouse stoop and enter a striking foyer that opens to the parlor level - a dramatic entertaining space where soaring ceilings, oversized windows, and an elegant marble mantle pay homage to the home's architectural heritage. A thoughtfully designed open layout introduces a contemporary sensibility, highlighted by wide-plank white oak flooring, a sculptural glass-enclosed staircase, and expansive sliding glass doors that extend the living space to a newly finished private deck. The chef's kitchen blends refined design with professional functionality. Sleek flat-panel cabinetry is paired with a Carrara marble backsplash, pot filler, custom two-zone wine cooler, and premium appliances by Fisher & Paykel and KitchenAid. Adding a distinctive local narrative, the kitchen's statement countertop is crafted from reclaimed oak salvaged after Hurricane Sandy - a subtle homage to Brooklyn's resilience and character. Just beyond, the expansive deck offers an effortless transition to outdoor living, providing ample room for dining, lounging, and entertaining above the private garden below. The garden level reveals a tranquil private retreat with three generously proportioned bedrooms and two beautifully appointed baths. The serene primary suite features dual walk-in closets, an elegant ensuite bath, and a full wall of sliding glass doors that open directly onto the lush south-facing garden. Custom motorized shades by The Shade Store provide comfort and privacy throughout the residence. Designed as a true outdoor sanctuary, the private garden offers a lawn, ambient globe lighting, additional lounge space and a tranquil water feature, creating a rare urban oasis ideal for both quiet relaxation and memorable gatherings. The finished lower level adds exceptional versatility, offering space for a media lounge, playroom, home gym, and laundry area. Mechanical systems - including four-zone central heating and air conditioning, integrated security, and sump pump - are discreetly integrated throughout the home. Above the owner's residence, two thoughtfully updated two-bedroom apartments retain charming prewar character while offering modern comforts, including updated kitchens and baths, hardwood floors, skylights, and in-ceiling speakers. These residences generate strong rental income while maintaining privacy for the owner's home below. Perfectly situated across from Arts & Letters Elementary and moments from the celebrated restaurants, cafés, and boutiques along Tompkins Avenue - including Peaches Hothouse, Delores, Cheeni, Warude, and Bar Camilo - the home offers the best of Brooklyn living. The express A train is just moments away, providing a convenient 25-minute commute to Manhattan. 318 Madison Street represents a rare opportunity to own a fully renovated historic townhouse that delivers architectural beauty, luxurious private living, exceptional outdoor space, and, with an estimated 5.1% cap rate, enduring investment value. Contact us today to find out more about this beautiful home!

Property Details

Type Multi Family
Ownership None
Total Rooms 16
View Other
Heating Central
Cooling Other
Year Built 1915
Living Area 3,987 sq ft
Flooring Hardwood

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Listing courtesy of Saadiah Fowlkes at Corcoran Group. 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. This 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.

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