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1259 Madison StreetBrooklyn, NY 11221

For Sale

$2,250,000

Smart Buyer Rebate $28,125

Nestled on one of Bushwick’s most welcoming residential blocks, 1259 Madison Street is a beautifully maintained two-family residence that offers the rare combination of refined owner living and strong income potential. This exceptional property offers five bedrooms, four full bathrooms, and two half bathrooms across two distinct units — an expansive upper duplex with a finished basement and a self-contained garden-level rental.

Upon entering the owner’s duplex, you are welcomed by a sun-drenched open-concept living and dining area that flows naturally into your kitchen outfitted with a six-burner Bosch gas range, Bosch double-door refrigerator, Bosch dishwasher, Sharp microwave, and a dedicated wine fridge. Three generous bedrooms, two full bathrooms, and two thoughtfully placed half baths complete the upper floors. The finished basement below offers expansive, flexible space — ideal for a home gym, media room, or a creative retreat tailored to your lifestyle.

The garden-level unit is a two-bedroom, two-bathroom apartment with its own private entrance and a complete appliance package ready for immediate occupancy and rental income from day one.

Positioned on Madison Street with Bushwick Playground at the end of the block, the outdoor life here is effortless. Irving Square Park and Heckscher Playground are both close by, offering verdant retreats for morning runs, afternoon strolls, or leisurely weekends. When it’s time to eat, the neighborhood more than delivers — grab a perfectly made espresso and a morning pastry at L’Imprimerie Bakery, settle in for drinks at the beloved Father Knows Best, or wind down over a relaxed dinner at the perennial neighborhood favorite, Money Cat. The L train is nearby, placing the rest of the city comfortably within reach.

1259 Madison Street is a home that is ready to be lived in, loved, and appreciated for years to come.

Listed by Tali Berzak

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Compass

·

(917) 246-8581

Last updated June 05, 2026

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Source: REBNY #RLS20095438

RLS Data display by Prevu Real Estate LLC

Listing Facts

  • TypeMulti-family
  • NeighborhoodBushwick
  • Bedrooms5
  • Bathrooms5
  • Days on Prevu21
  • Taxes$2,172/year
  • Size3,350 sqft
  • Price per sqft$672

Amenities

  • Dishwasher
  • Private Outdoor Space
  • Washer/Dryer

Location

Mortgage Calculator

Listing History

05/26/2026
Listed by Compass
$2,250,000

Estimated Closing Costs

Total
$82,400
Attorney Fees
$4,000
NYC Mansion Tax
$28,125
Title Insurance
$10,125
Bank Attorney
$1,500
Mortgage Recording Tax
$34,650
Other Closing Costs
$4,000

Estimated closing costs are based on the list price of $2,250,000 and a 20% downpayment. These estimates are for indicative purposes only. Actual closing costs may vary for each transaction. See the Closing Costs Calculator for calculations specific to your situation.

Property Details for 1259 Madison Street

Association

Amenities

  • Pets Allowed: Building No, No

Exterior

Construction

  • Number Of Units Total: 2
  • Stories: 3
  • Stories Total: 3
  • Structure Type: Multi Family, Townhouse
  • Window Features: Skylight(s)
  • Year Built: 1920
  • Entry Level: 1

Features

  • Patio And Porch Features: Deck

Measurements

  • Building Area Total: 3,350
  • Building Area Units: SquareFeet
  • Lot Size Area: 1,950
  • Lot Size Dimensions: 19,501
  • Lot Size Units: SquareFeet

Financial

Taxes

  • Parcel Number: 03361-0043
  • Tax Annual Amount: $2,172.00

Interior

Features

  • Appliances: Dryer, Dishwasher, Range, Refrigerator, Range Hood, Stainless Steel Appliance(s), Washer
  • Flooring: Hardwood
  • Interior Features: Double Vanity, Entrance Foyer, High Ceilings, Kitchen Island, Pantry, Recessed Lighting, Soaking Tub, Walk-In Closet(s)

Measurements

  • Living Area: 3,350
  • Living Area Units: SquareFeet

Rooms

  • Basement: Full
  • Has Basement: Yes
  • Bathrooms Full: 4
  • Bathrooms Half: 2
  • Bathrooms Total Integer: 5
  • Bedrooms Total: 5
  • Rooms Total: 12

Other

Location

  • City Region: Brooklyn
  • Subdivision Name: Bushwick
  • Tax Block: 03361
  • Tax Lot: 0043

Utilities

Equipment

  • Cooling: Central Air
  • Has Cooling: Yes
  • Laundry Features: In Unit, See Remarks

Frequently Asked Questions

How many bedrooms and bathrooms does this multi-family home have?

There are 5 bedrooms and 5 bathrooms in this multi-family home at 1259 Madison Street.

What are the annual taxes for 1259 Madison Street?

Annual taxes for this multi-family home are estimated at $2,172.

How does 1259 Madison Street compare to other multi-family homes in Bushwick?

This multi-family home is listed 35% above the average price for multi-family homes in Bushwick and has been on the market for 69 less days than the typical home in this area.

What is the square footage on this multi-family home?

According to the MLS, this listing is 3,350 sqft.

1259 Madison Street is a 5-bedroom, 5-bath multi-family home for sale in Brooklyn NY 11221. On Prevu for 21 days at $2,250,000. This property features 3,350 square feet of living space, located in Bushwick. The median listing price for multi-family homes in this area is $1,197,500. Additional amenities include private outdoor space, dishwasher, and washer/dryer. Explore more multi-family home listings in Brooklyn.

RLS Data display by Prevu Real Estate LLC The Registrant acknowledges each other RLS Broker's ownership of, and the validity of their respective copyright in, the Exclusive Listings that are transmitted over the RLS. The information is being provided by RLS at REBNY Listing Service, Inc. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. 2026 RLS at REBNY Listing Service, Inc. All rights reserved. Based on information from the Real Estate Board of New York and/or other sources. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity. 2026 The Real Estate Board of New York, Inc., All rights reserved.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.