Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $1,700,000

· Sold at asking price · Closed June 17, 2024

SOLD: 551 Madison Street
SOLD $1,700,000
Sold Multi Family

$1,700,000

$472 per sq ft

551 Madison Street

Bedford-Stuyvesant, Brooklyn

MLS® #RLS10975963

RLS at REBNY

Listing by Compass

5

Bedrooms

4.5

Baths

3,600

Sq. Ft.

1931

Year Built

Sale Details

Sale Price $1,700,000
Original List Price $1,700,000
First Listed At $1,999,000
Close Date June 17, 2024
vs. Asking Sold at asking price

Property Summary

Bedrooms 5
Bathrooms 4 full, 1 half
Living Area 3,600 sq ft
Year Built 1931
Ownership None
Property Taxes $5,700/yr
Neighborhood Bedford-Stuyvesant
Floor 1 of 3

Description

Upon walking up to 551 Madison, your eyes are drawn to the dog-legged front stoop that still has its original metal work and handrails. Your eyes then notice the height and presence of the structure, and see that the whole tree lined block is full of well kept brownstones. Measuring in at 20x 45 on a 100 foot lot with an extension on the rear of the garden level, this property is full of intact original details that have been preserved throughout the years. The home features original wood details— hardwood floors, moldings, decorative mantles, pier mirror, window shutters, and wainscoting. The parlor floor is perfectly situated for grand entertaining with its high ceilings, and rear windows overlooking the garden. This is also where you will find an abundance of detail, particularly the pier mirror with such beautiful crown molding. Wainscoting follows up the steps to the higher levels where you will find the rental units. The legal use is a two unit, being used as a three, but an ideal setup here would be a triplex over a garden rental, or two double duplexes. It’s all up to you. This block is full of delightful neighbors, where their smiles and good mornings will warm you daily. Also steps to cafes, restaurants, groceries, and a quick walk to the A express train at Utica.

Property Details

Type Multi Family
Ownership None
Total Rooms 8
Year Built 1931
Living Area 3,600 sq ft

Similar Active Listings in Bedford-Stuyvesant

View All
RLS at REBNY

Listing courtesy of Sean Henry at Compass. 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.

Active Listings Contact Milton
WhatsApp Email