Construction
- Number Of Units Total: 4
- Property Attached: Yes
- Year Built: 1931
- Construction Materials: Brownstone
Measurements
- Building Area Total: 5,000
- Building Area Units: Square Feet
- Lot Size Acres: 0.04
- Lot Size Square Feet: 2,000
389 Madison StreetBrooklyn, NY 11221
For Sale
$1,650,000
Smart Buyer Rebate $20,625
Listed by Elsie Tavarez
·Resource Realty Group
·917-654-9835
Last updated January 24, 2026
·Source: OneKey #954885
Listing Facts
- TypeMulti-family
- NeighborhoodBedford-Stuyvesant
- Days on Prevu7
- Taxes$6,416.68/year
Amenities
- Parking
Location
Mortgage Calculator
Listing History
01/23/2026
Listed by Resource Realty Group
$1,650,000
Estimated Closing Costs
Total
$58,835
Attorney Fees
$4,000
NYC Mansion Tax
$16,500
Title Insurance
$7,425
Bank Attorney
$1,500
Mortgage Recording Tax
$25,410
Other Closing Costs
$4,000
Estimated closing costs are based on the list price of $1,650,000 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 389 Madison Street
Exterior
Financial
Taxes
- Parcel Number: 01820-0062
- Tax Annual Amount: $6,416.68
- Tax Assessed Value: $512,100.00
- Tax Year: 2024
Interior
Features
- Interior Features: First Floor Bedroom
Rooms
- Basement: Storage Space
- Has Basement: Yes
Parking
Parking
- Parking Features: Off Street
Utilities
Equipment
- Cooling: Wall/Window Unit(s)
- Heating: Steam
- Sewer: Public Sewer
- Utilities: Electricity Connected
- Water Source: Public
Frequently Asked Questions
How many bedrooms does this multi-family home have?
There is bedrooms in this multi-family home at 389 Madison Street.
What are the annual taxes for 389 Madison Street?
Annual taxes for this multi-family home are estimated at $6,416.
How does 389 Madison Street compare to other multi-family homes in Bedford-Stuyvesant?
This multi-family home is listed 27% below the average price for multi-family homes in Bedford-Stuyvesant and has been on the market for 86 less days than the typical home in this area.
389 Madison Street is a -bedroom multi-family home for sale in Brooklyn NY 11221. On Prevu for 7 days at $1,650,000. This residence is located in Bedford-Stuyvesant. The median listing price for multi-family homes in this area is $1,562,500. Property amenities include parking. Explore more multi-family home listings in Brooklyn.
The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey™ MLS. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. Information Copyright 2026, OneKey™ MLS. All Rights Reserved.
Full MLS DisclaimersRebate 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.
