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Off market
  • Tax assessed value
    $1,975,000

    318 Madison St, Brooklyn, NY 11216

    7beds
    3,300sqft
    MultiFamily
    Built in 1915
    -- sqft lot
    $-- Zestimate®
    $598/sqft
    $4,680 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $4,680/mo

    Zestimate® history
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    $4,680/mo

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    $11,733/mo

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    $11,733/mo

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    What's special

    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.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 5
    • Full bathrooms: 4
    • 1/2 bathrooms: 1
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Dryer, Washer
    Interior area
    • Total interior livable area: 3,300 sqft

    Property

    Lot
    • Size: 2,000 sqft
    Details
    • Parcel number: 018240024

    Construction

    Type & style
    • Home type: MultiFamily
    Condition
    • Year built: 1915

    Community & neighborhood

    Location
    • Region: Brooklyn

    Price history

    DateEventPrice
    5/16/2026Contingent$3,200,000$970/sqft
    Source: StreetEasy #S1822035 Report a problem
    4/15/2026Listed for sale$3,200,000+14.3%$970/sqft
    Source: StreetEasy #S1822035 Report a problem
    8/13/2021Sold$2,800,000+7.9%$848/sqft
    Source: Public Record Report a problem
    6/10/2021Pending sale$2,595,000$786/sqft
    Source: StreetEasy Report a problem
    5/19/2021Listed for sale$2,595,000+12.8%$786/sqft
    Source: StreetEasy Report a problem
    5/18/2017Sold$2,300,000+155.6%$697/sqft
    Source: Public Record Report a problem
    5/21/2015Sold$900,000$273/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$7,709 +2.1%$118,500 +4.6%
    2024$7,550 $113,280 +3.2%
    2023-- $109,800 +8.7%
    2022-- $101,040 -2.9%
    2021-- $104,040 -5.8%
    2020$6,853 +0.5%$110,400 +6.3%
    2019$6,820 +38.6%$103,860 +341.5%
    2018$4,922 +50.6%$23,527 +46.8%
    2017$3,268 +10.4%$16,030 +5.9%
    2016$2,960 $15,136 +0.1%
    2015$2,960 +62.3%$15,128 +0.8%
    2014$1,824 $15,002 +6%
    2013-- $14,156 +6%
    2012-- $13,359 +5.9%
    2011-- $12,614 +0.1%
    2010-- $12,607 +0.8%
    2009-- $12,502 +6%
    2008-- $11,797 +6%
    2007-- $11,133 +5.9%
    2006-- $10,512 +0.1%
    2005-- $10,506 +0.8%
    2004-- $10,419 +6%
    2003-- $9,831 +6%
    2002-- $9,278 +5.9%
    2001-- $8,760 +0.1%
    2000-- $8,755

    Find assessor info on the county website

    Neighborhood: Bedford-Stuyvesant

    Nearby schools

    GreatSchools rating