TLC plus some major repairs - A GUT REHAB. This property is in poor condition: The improvements have substantial damage and deferred maintenance with deficiencies and defects that are severe enough to affect the safety, soundness and structural integrity of the improvements. A diamond in the rough. This is a 2-family house - 2 bedrooms over 2 bedrooms. It's not perfect and that's exactly why you can buy this 4-bedroom home. Imagination and a bit of work will reward you with a real dream house. Currently occupied with squatters. This is a short sale and is subject to 3rd party approval.
Sold for $700,000
$700,000
689 Madison St, Brooklyn, NY 11221
--beds
2,052sqft
Multi Family
Built in 1899
-- sqft lot
$1,437,600 Zestimate®
$341/sqft
$5,354 Estimated rent
Home value
$1,437,600
$1.19M - $1.71M
$5,354/mo
Zestimate® history
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$4,037/mo
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Zillow last checked:
Listing updated:
Listed by:
Dylan Williams 917-541-4781,
ABC Real Estate Services, Inc.
Source: BNYMLS,MLS#: 490611
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Oil, Steam/Radiator
Appliances
- Included: Refrigerator, Stove, Gas Water Heater
Features
- Flooring: Hardwood
- Basement: Full,Unfinished
Interior area
- Total structure area: 2,052
- Total interior livable area: 2,052 sqft
Property
Parking
- Parking features: None
Features
- Stories: 3
Lot
- Size: 1,908 sqft
- Dimensions: 19x100
- Features: Back Yard, Front Yard
Details
- Foundation area: 684
- Parcel number: 016420081
- Special conditions: Arm's Length
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Colonial
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Vinyl Siding, Wood Frame
- Foundation: Concrete Perimeter
- Roof: Asphalt/Tar
Condition
- Year built: 1899
Utilities & green energy
- Electric: 110 V, 100 Amp Service
Community & neighborhood
Location
- Region: Brooklyn
- Subdivision: Brooklyn
Price history
| Date | Event | Price |
|---|---|---|
| 11/26/2025 | Sold | $700,000+0.1%$341/sqft |
Source:  BNYMLS #490611 Report a problem | ||
| 4/17/2025 | Pending sale | $699,000$341/sqft |
Source: BNYMLS #490611 Report a problem | ||
| 4/4/2025 | Listed for sale | $699,000-35.2%$341/sqft |
Source: BNYMLS #490611 Report a problem | ||
| 12/22/2021 | Listing removed | -- |
Source: StreetEasy Report a problem | ||
| 12/13/2021 | Listed for sale | $1,079,000+54.4%$526/sqft |
Source: StreetEasy Report a problem | ||
| 7/11/2020 | Listing removed | $699,000$341/sqft |
Source: ABC Real Estate Services Inc #3214959 Report a problem | ||
| 5/13/2020 | Listed for sale | $699,000+19.5%$341/sqft |
Source: ABC Real Estate Services Inc #3214959 Report a problem | ||
| 12/5/2014 | Listing removed | $1,600$1/sqft |
Source: Postlets Report a problem | ||
| 11/14/2014 | Listed for rent | $1,600$1/sqft |
Source: Postlets Report a problem | ||
| 7/28/2006 | Sold | $585,000+485%$285/sqft |
Source: Public Record Report a problem | ||
| 1/10/2001 | Sold | $100,000$49/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,883 +4.7% | $71,280 -15% |
| 2024 | $1,799 | $83,880 -7.4% |
| 2023 | -- | $90,600 +6.9% |
| 2022 | -- | $84,720 -4.8% |
| 2021 | -- | $88,980 +2.7% |
| 2020 | $1,674 +6% | $86,640 +3.9% |
| 2019 | $1,580 +1.2% | $83,400 +1017.4% |
| 2018 | $1,561 +3.4% | $7,464 +0.8% |
| 2017 | $1,510 +10.5% | $7,405 +6% |
| 2016 | $1,366 | $6,986 +6% |
| 2015 | $1,366 +62.1% | $6,592 +6% |
| 2014 | $843 | $6,220 |
| 2013 | -- | $6,220 +0.8% |
| 2012 | -- | $6,171 +6% |
| 2011 | -- | $5,822 +6% |
| 2010 | -- | $5,494 +6% |
| 2009 | -- | $5,184 |
| 2008 | -- | $5,184 +0.8% |
| 2007 | -- | $5,143 +6% |
| 2006 | -- | $4,852 +6% |
| 2005 | -- | $4,579 +6% |
| 2004 | -- | $4,320 |
| 2003 | -- | $4,320 +0.8% |
| 2002 | -- | $4,286 +6% |
| 2001 | -- | $4,044 +6% |
| 2000 | -- | $3,816 |
Find assessor info on the county website
Neighborhood: Bedford-Stuyvesant
Nearby schools
GreatSchools rating
- 8/10Ps 309 George E Wibecan Preparatory AcademyGrades: PK-5Distance: 0.3 mi
- 7/10Ms 267 Math Science And TechnologyGrades: 6-8Distance: 0.2 mi
- 5/10The Brooklyn Academy Of Global FinanceGrades: 9-12Distance: 0.4 mi
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