The Nowak Group of Marcus & Millichap has been retained to exclusively arrange the sale of 639 Madison Street, a two-family building located between Stuyvesant Avenue and Malcolm X Boulevard in the Bedford-Stuyvesant neighborhood of Brooklyn, NY. The subject property is built 20 ft x 45 ft and consists of 3 floors. It sits on a 20 ft x 100 ft, R6B-zoned lot (Block: 1641, Lot: 65).
The property totals 2,700 square feet and consists of two free market apartments. The first floor is a large 1-bedroom 1-bath apartment with access to a sizeable backyard. The second and third floors are a duplex apartment with 3 bedrooms and 2 bathrooms. It also consists of two walk-in closets, and a large living and family room. All of the units are in great condition and require minimal capital investment for a condominium conversation. The building also represents an ideal single-family home conversion opportunity.
The subject property is located in an beautiful section of Bedford-Stuyvesant. The quiet, tree-lined streets feature historic brownstones and the property is steps from the Stuyvesant Heights Historic District. The building is in close proximity to both the Utica Avenue “A,C" and Gates Avenue “J,Z” Subway Stations.
Investors have the opportunity to purchase a gorgeous two-family home located right in the heart of Bedford-Stuyvesant.
In contract
$1,650,000
639 Madison St, Brooklyn, NY 11221
4beds
2,700sqft
Multi Family
Built in 1899
-- sqft lot
$1,901,400 Zestimate®
$611/sqft
$-- HOA
What's special
- 1893 days |
- 19 |
- 0 |
Zillow last checked:
Listing updated:
Listed by:
Marcus & Millichap Real Estate Investment Services Inc,
Jason Grunberg
Source: StreetEasy,MLS#: S1532838
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Cooling
- Central Air
Appliances
- Included: Dishwasher, Washer/Dryer
Features
- Flooring: Hardwood
Interior area
- Total structure area: 2,700
- Total interior livable area: 2,700 sqft
Property
Features
- Patio & porch: Other, Terrace
- Exterior features: Courtyard, Garden, Terrace
- Has view: Yes
- View description: Garden
Details
- Parcel number: 016410065
- Special conditions: Resale
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1899
Community & HOA
Community
- Subdivision: Stuyvesant Heights
Location
- Region: Brooklyn
Financial & listing details
- Price per square foot: $611/sqft
- Tax assessed value: $1,513,000
- Annual tax amount: $3,528
- Date on market: 4/26/2021
Estimated market value
$1,901,400
$1.71M - $2.13M
$3,520/mo
Price history
| Date | Event | Price |
|---|---|---|
| 11/10/2023 | Listing removed | -- |
Source: StreetEasy Report a problem | ||
| 11/7/2023 | Pending sale | $1,650,000$611/sqft |
Source: StreetEasy Report a problem | ||
| 11/7/2023 | Listing removed | -- |
Source: StreetEasy Report a problem | ||
| 10/17/2023 | Pending sale | $1,650,000+7.5%$611/sqft |
Source: StreetEasy Report a problem | ||
| 10/17/2023 | Listing removed | -- |
Source: StreetEasy Report a problem | ||
| 4/5/2022 | Sold | $1,535,000-7%$569/sqft |
Source: Public Record Report a problem | ||
| 9/21/2021 | Pending sale | $1,650,000$611/sqft |
Source: StreetEasy Report a problem | ||
| 4/26/2021 | Listed for sale | $1,650,000+3.2%$611/sqft |
Source: StreetEasy Report a problem | ||
| 12/29/2020 | Listing removed | -- |
Source: StreetEasy Report a problem | ||
| 8/18/2020 | Price change | $1,599,000-3.1%$592/sqft |
Source: Corcoran Report a problem | ||
| 7/29/2020 | Listed for sale | $1,650,000-2.9%$611/sqft |
Source: Corcoran Report a problem | ||
| 6/8/2020 | Listing removed | $1,699,000$629/sqft |
Source: Coldwell Banker Reliable Report a problem | ||
| 5/14/2020 | Price change | $1,699,000+42.8%$629/sqft |
Source: Coldwell Banker Reliable Report a problem | ||
| 4/14/2020 | Price change | $1,190,000-0.8%$441/sqft |
Source: Coldwell Banker Reliable Report a problem | ||
| 4/13/2020 | Price change | $1,199,000-29.4%$444/sqft |
Source: Coldwell Banker Reliable Report a problem | ||
| 3/6/2020 | Listed for sale | $1,699,000-12.9%$629/sqft |
Source: Coldwell Banker Reliable Report a problem | ||
| 2/27/2019 | Sold | $1,950,000$722/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,226 +1.7% | $90,780 +4.6% |
| 2024 | $4,156 | $86,760 -4% |
| 2023 | -- | $90,360 +17.2% |
| 2022 | -- | $77,100 +7.6% |
| 2021 | -- | $71,680 -8.9% |
| 2020 | $4,651 +3.5% | $78,660 -9.6% |
| 2019 | $4,493 +9% | $87,000 +341.5% |
| 2018 | $4,122 +2.6% | $19,704 |
| 2017 | $4,017 +9.2% | $19,704 +1.5% |
| 2016 | $3,678 | $19,408 +6% |
| 2015 | $3,678 +68.6% | $18,312 +5.3% |
| 2014 | $2,181 | $17,391 +5.9% |
| 2013 | -- | $16,420 |
| 2012 | -- | $16,420 +1.5% |
| 2011 | -- | $16,174 +6% |
| 2010 | -- | $15,260 +5.3% |
| 2009 | -- | $14,493 +5.9% |
| 2008 | -- | $13,684 |
| 2007 | -- | $13,684 +1.5% |
| 2006 | -- | $13,479 +6% |
| 2005 | -- | $12,717 +5.3% |
| 2004 | -- | $12,078 +5.9% |
| 2003 | -- | $11,404 |
| 2002 | -- | $11,404 +1.5% |
| 2001 | -- | $11,233 +6% |
| 2000 | -- | $10,598 |
Find assessor info on the county website
Monthly payment
Estimated monthly payment$1,822
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Bedford-Stuyvesant
Nearby schools
GreatSchools rating
- 3/10Ps 308 Clara CardwellGrades: PK-8Distance: 0.2 mi
- 1/10Boys and Girls High SchoolGrades: 9-12Distance: 0.6 mi
A local agent can set up tours, give advice and negotiate with sellers.





