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241A Madison StreetBrooklyn, NY 11216

For Sale

$2,750,000

Smart Buyer Rebate $34,375

  Welcome to 241A Madison Street, a spacious three-family residence offering versatility for both end-users and investors. Built in 2012, this modern 20-foot-wide townhouse spans over 4,000 square feet and sits on a 50-foot-deep lot along a beautiful tree-lined brownstone block in Bedford-Stuyvesant. The property is composed of three distinct homes: Owner's Duplex with Roof Deck - A sun-filled 3-bedroom, 2-bathroom duplex that includes private access to a rooftop retreat. Full-Floor Residence - A 2-bedroom, 2-bathroom home with an efficient layout and abundant natural light. Garden Duplex with Backyard - A 3-bedroom, 2.5-bathroom duplex featuring direct access to a private backyard, ideal for outdoor entertaining or relaxation. With its flexible configuration, this property is an excellent option for an owner-occupant seeking income from two rental units, or as a pure investment opportunity. The home can generate approximately $170,000 annually, making it a strong cash-flowing asset in addition to a beautiful place to live. Situated on a charming brownstone street just a short walk from the A and C trains at Nostrand Avenue, 241A Madison offers both comfort and convenience in one of Brooklyn's most vibrant neighborhoods.    

Listed by Shai Bernstein

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License #10301211975

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Douglas Elliman Real Estate

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(718) 708-3350

Listed by Noam Y Gottlieb

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License #10301213890

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Douglas Elliman Real Estate

Last updated September 04, 2025

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Source: REBNY #RLS20045317

Listing Facts

  • TypeMulti-family
  • NeighborhoodBedford-Stuyvesant
  • Bedrooms8
  • Bathrooms6.5
  • Days on Prevu4
  • Taxes$9,252/year
  • Size4,961 sqft
  • Price per sqft$554

Amenities

  • Private Outdoor Space

Location

Mortgage Calculator

Listing History

09/02/2025
Listed by Douglas Elliman Real Estate
$2,750,000

Estimated Closing Costs

Total
$98,600
Attorney Fees
$4,000
NYC Mansion Tax
$34,375
Title Insurance
$12,375
Bank Attorney
$1,500
Mortgage Recording Tax
$42,350
Other Closing Costs
$4,000

Estimated closing costs are based on the list price of $2,750,000 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 241A Madison Street

Association

Amenities

  • Pets Allowed: Building Yes, No

Exterior

Construction

  • Number Of Units Total: 4
  • Property Condition: Excellent
  • Stories Total: 4
  • Structure Type: Townhouse
  • Year Built: 2010
  • Entry Level: 1

Measurements

  • Building Area Total: 4,961
  • Building Area Units: SquareFeet
  • Lot Size Area: 2,000
  • Lot Size Dimensions: 100
  • Lot Size Units: SquareFeet

Financial

Taxes

  • Tax Annual Amount: $9,252.00

Interior

Features

  • Interior Features: Smoke Free

Measurements

  • Living Area: 4,961
  • Living Area Units: SquareFeet

Rooms

  • Has Basement: Yes
  • Bathrooms Full: 6
  • Bathrooms Half: 1
  • Bathrooms Total Integer: 7
  • Bedrooms Total: 8
  • Rooms Total: 17

Other

Location

  • City Region: Brooklyn
  • Subdivision Name: Bedford-Stuyvesant
  • Tax Block: 01818
  • Tax Lot: 0074

Utilities

Equipment

  • Has Cooling: Yes

Based on information from 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 in the market. ©2025 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.