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.
Sold for $1,700,000
$1,700,000
551 Madison St, Brooklyn, NY 11221
5beds
3,600sqft
MultiFamily
Built in 1931
-- sqft lot
$2,187,000 Zestimate®
$472/sqft
$4,268 Estimated rent
Home value
$2,187,000
$1.90M - $2.54M
$4,268/mo
Zestimate® history
Owner options
List your home for rent
$4,268/mo
Rent Zestimate®
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$4,268/mo
Rent Zestimate®
Refinance and save
$9,989/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$9,989/mo
Est. payment
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List your homeWhat's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Appliances
- Included: Dryer, Washer
Interior area
- Total interior livable area: 3,600 sqft
Property
Lot
- Size: 2,000 sqft
Details
- Parcel number: 016400082
Construction
Type & style
- Home type: MultiFamily
Condition
- Year built: 1931
Community & neighborhood
Location
- Region: Brooklyn
Price history
| Date | Event | Price |
|---|---|---|
| 6/27/2024 | Sold | $1,700,000-5.5%$472/sqft |
Source: Public Record Report a problem | ||
| 3/8/2024 | Pending sale | $1,799,000$500/sqft |
Source: StreetEasy Report a problem | ||
| 1/2/2024 | Listed for sale | $1,799,000-2.8%$500/sqft |
Source: StreetEasy Report a problem | ||
| 11/10/2023 | Listing removed | -- |
Source: StreetEasy Report a problem | ||
| 8/18/2023 | Price change | $1,850,000-7.5%$514/sqft |
Source: StreetEasy Report a problem | ||
| 7/29/2023 | Listed for sale | $1,999,000+0.2%$555/sqft |
Source: StreetEasy Report a problem | ||
| 7/21/2023 | Listing removed | -- |
Source: StreetEasy Report a problem | ||
| 7/7/2023 | Listed for sale | $1,995,000-3.9%$554/sqft |
Source: StreetEasy Report a problem | ||
| 1/10/2023 | Listing removed | -- |
Source: StreetEasy Report a problem | ||
| 12/1/2022 | Price change | $2,075,000-4.6%$576/sqft |
Source: StreetEasy Report a problem | ||
| 10/18/2022 | Listed for sale | $2,175,000$604/sqft |
Source: StreetEasy Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,164 +4.7% | $66,420 +4.6% |
| 2024 | $5,886 | $63,480 +9.1% |
| 2023 | -- | $58,200 +22.2% |
| 2022 | -- | $47,640 +29.5% |
| 2021 | -- | $36,780 +19.7% |
| 2020 | $5,479 +6% | $30,720 +25.8% |
| 2019 | $5,169 +5.3% | $24,420 +4.1% |
| 2018 | $4,908 -20.1% | $23,460 -51.4% |
| 2017 | $6,139 +1.9% | $48,267 +3.2% |
| 2016 | $6,023 | $46,748 +8% |
| 2015 | $6,023 +61% | $43,290 +8% |
| 2014 | $3,741 | $40,098 +8% |
| 2013 | -- | $37,129 |
| 2012 | -- | $37,129 +3.3% |
| 2011 | -- | $35,960 +8% |
| 2010 | -- | $33,300 +8% |
| 2009 | -- | $30,845 +8% |
| 2008 | -- | $28,561 |
| 2007 | -- | $28,561 +3.2% |
| 2006 | -- | $27,662 +8% |
| 2005 | -- | $25,616 +8% |
| 2004 | -- | $23,727 +8% |
| 2003 | -- | $21,970 |
| 2002 | -- | $21,970 +3.2% |
| 2001 | -- | $21,279 +8% |
| 2000 | -- | $19,705 |
Find assessor info on the county website
Neighborhood: Bedford-Stuyvesant
Nearby schools
GreatSchools rating
- 3/10Ps 308 Clara CardwellGrades: PK-8Distance: 0.1 mi
- 1/10Boys and Girls High SchoolGrades: 9-12Distance: 0.6 mi


