Active

Price cut: $31K (5/27)

$999,000

988 Madison St, Brooklyn, NY 11221

6beds

1,688sqft

Multi Family

Built in 1901

-- sqft lot

$1,021,500 Zestimate^®

$592/sqft

$-- HOA

What's special

Property is Fully occupied, being sold AS IS. Drive by only. Buyer pays transfer taxes.

169 days

526

18

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 3
Full bathrooms: 3

Features

Has fireplace: No

Interior area

Total structure area: 1,688
Total interior livable area: 1,688 sqft

Property

Details

Parcel number: 033660031
Special conditions: Resale

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Condition

Year built: 1901

Community & HOA

Community

Subdivision: Bushwick

Location

Region: Brooklyn

Financial & listing details

Price per square foot: $592/sqft
Tax assessed value: $1,304,000
Annual tax amount: $2,609
Date on market: 1/11/2026

Estimated market value

$1,021,500

$970,000 - $1.07M

$4,645/mo

Price history

Date	Event	Price
5/27/2026	Price change	$999,000-3%$592/sqft
Source: OneKey® MLS as distributed by MLS GRID #949765 Report a problem
4/15/2026	Price change	$1,030,000-6.3%$610/sqft
Source: OneKey® MLS as distributed by MLS GRID #949765 Report a problem
3/17/2026	Price change	$1,099,000-4.4%$651/sqft
Source: OneKey® MLS as distributed by MLS GRID #949765 Report a problem
2/3/2026	Price change	$1,149,000-3.4%$681/sqft
Source: OneKey® MLS as distributed by MLS GRID #949765 Report a problem
1/8/2026	Listed for sale	$1,190,000+4660%$705/sqft
Source: OneKey® MLS as distributed by MLS GRID #949765 Report a problem
7/1/2015	Sold	$25,000+66.7%$15/sqft
Source: Public Record Report a problem
3/19/2015	Sold	$15,000-96.9%$9/sqft
Source: Public Record Report a problem
11/12/2013	Listing removed	$2,500$1/sqft
Source: Natasha Saunders Report a problem
7/11/2013	Listed for rent	$2,500$1/sqft
Source: Natasha Saunders Report a problem
4/6/2012	Listing removed	$478,999$284/sqft
Source: Online Homes, LLC Report a problem
2/29/2012	Listed for sale	$478,999$284/sqft
Source: Online Homes, LLC Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$2,609 -0.1%	$78,240 -15%
2024	$2,612	$92,040 -0.1%
2023	--	$92,160 +7%
2022	--	$86,100 +29.5%
2021	--	$66,480 -3.3%
2020	$2,319 +1.1%	$68,760 -9.6%
2019	$2,294 +7.1%	$76,020 +642.5%
2018	$2,142 +8.6%	$10,239 +5.9%
2017	$1,972 +10.4%	$9,672 +5.9%
2016	$1,786	$9,134 +0.1%
2015	$1,786 +62.3%	$9,129 +1.1%
2014	$1,100	$9,031 +5.8%
2013	--	$8,533 +5.9%
2012	--	$8,060 +5.9%
2011	--	$7,612 +0.1%
2010	--	$7,608 +1.1%
2009	--	$7,526 +5.8%
2008	--	$7,111 +5.9%
2007	--	$6,717 +5.9%
2006	--	$6,344 +0.1%
2005	--	$6,340 +1.1%
2004	--	$6,272 +5.8%
2003	--	$5,926 +5.9%
2002	--	$5,598 +5.9%
2001	--	$5,287 +0.1%
2000	--	$5,284

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.

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