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500 Madison StreetBrooklyn, NY 11221

For Sale

$2,950,000

Smart Buyer Rebate $36,875

THE PROPERTYRenovated, inside and out.500 Madison Street is a gracious two-family brownstone — four stories plus cellar, gut-renovated behind a restored façade.FAÇADE AND FRONT YARDHistoric character.Newly resurfaced, the brownstone façade and stoop have regained their crisp detail. Original metalwork — the front yard fence and stoop handrail — has been refurbished, with newel posts faithfully recreated. At the entry, the original wooden doors and intricate casing remain, carefully preserved.PARLOR FLOORHigh ceilings, a showpiece floor.The voluminous parlor impresses with 10-foot ceilings, herringbone wood floors, and a spacious front parlor living room and mid-parlor dining area that flow seamlessly into an exceptional kitchen built around an enormous center island with breakfast bar. From Sub-Zero, a paneled 36-inch refrigerator and wine cooler; from Wolf, a 36-inch professional gas range, vented hood, and microwave. The kitchen also features a farmhouse sink. Double doors open out to a dining terrace that leads down to an expansive rear yard.THIRD FLOORA primary suite overlooking the yard.At opposite ends of the third floor are two suites, each spanning the full width of the house. The primary bedroom has a windowed walk-in closet and an ensuite bath with a glass-enclosed shower and oversized double vanity. Its counterpart is a substantial bedroom with a double closet and its own private bath.FOURTH FLOORThe space to grow.Three more bedrooms occupy the fourth floor. One comes with an ensuite bath and double closet, while the other two share a generous four-fixture bath with double vanity. Skylights bring natural light into both baths, and a washer and vented dryer sit conveniently in the hallway.CELLARThe owner’s lower level.An internal staircase bypasses the garden apartment entirely, so the cellar is accessible only from the main house. Finished and open, with a half bath, it can easily accommodate several uses at once, such as a home office, gym, and expanded living space.REAR YARDFor the main house alone.The main house has a large rear yard, reached by way of the dining terrace. A privacy fence divides it from the garden apartment’s outdoor area.GARDEN APARTMENTIncome, without compromising privacy.The garden level is a comfortable full-floor two-bedroom rental with an in-unit washer/dryer and a separate outdoor area.ADDITIONALThe details.White oak hardwood floors throughout. Central heating and cooling. Google Mesh Wi-Fi. Speaker system. Ample recessed lighting.LOCATIONThe neighborhood.The house sits among elegant homes on a lovely tree-lined block, moments from Herbert Von King Park and surrounded by an excellent array of neighborhood staples — such as Saraghina, LunÀtico, Selune, BKB Brooklyn Brasserie, Ler Lers, Daphne’s, Corto, Barb’s, Sincerely Tommy, dear friend books, and Manny’s Wine Shop. A and C express service at Utica Avenue; C train at Kingston–ThroopThe information herein has been obtained from sources believed to be reliable. Neither ownership nor MNS, nor any of their affiliates, agents, or employees make any representation or warranty as to the accuracy or completeness of such information. All floor plans, including dimensions, fixture measurements, and furniture shown, are approximate and for illustrative purposes only. Prospective purchasers are encouraged to conduct their own independent investigation and due diligence in conjunction with their own legal counsel and tax advisor.

Listed by Michael D Brooks

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MNS

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(212) 475-9000

Last updated October 26, 2026

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Source: REBNY #RLS20121442

RLS Data display by Prevu Real Estate LLC

Listing Facts

  • TypeMulti-family
  • NeighborhoodBedford-Stuyvesant
  • Bedrooms7
  • Bathrooms6
  • Days on Prevu14
  • Taxes$8,274/year
  • Size3,990 sqft
  • Price per sqft$739

Amenities

  • Private Outdoor Space
  • Pets Allowed

Location

Mortgage Calculator

Listing History

10/17/2026
Listed by MNS
$2,950,000
  1. 10/17/2026$2,950,000
    Listed by MNS

Estimated Closing Costs

Attorney Fees
$4,000
NYC Mansion Tax
$36,875
Title Insurance
$13,275
Bank Attorney
$1,500
Mortgage Recording Tax
$45,430
Other Closing Costs
$4,000
Total
$105,080

Estimated closing costs are based on the list price of $2,950,000 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 500 Madison Street

Association

Amenities

  • Pets Allowed: Building Yes, Yes

Exterior

Construction

  • Stories Total: 3
  • Structure Type: Multi Family
  • Year Built: 1901
  • Architectural Style: Prewar

Features

  • Patio And Porch Features: Terrace

Measurements

  • Building Area Total: 3,990
  • Building Area Units: SquareFeet
  • Lot Size Area: 1,900
  • Lot Size Dimensions: 19
  • Lot Size Units: SquareFeet

Financial

Taxes

  • Parcel Number: 01644-0009
  • Tax Annual Amount: $8,274.00

Interior

Measurements

  • Living Area: 3,990
  • Living Area Units: SquareFeet

Rooms

  • Bathrooms Full: 6
  • Bathrooms Total Integer: 6
  • Bedrooms Total: 7
  • Rooms Total: 12

Other

Location

  • City Region: Brooklyn
  • Subdivision Name: Stuyvesant Heights
  • Tax Block: 1644
  • Tax Lot: 0009

Utilities

Equipment

  • Laundry Features: See Remarks

Frequently Asked Questions

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

There are 7 bedrooms and 6 bathrooms in this multi-family home at 500 Madison Street.

What are the annual taxes for 500 Madison Street?

Annual taxes for this multi-family home are estimated at $8,274.

How does 500 Madison Street compare to other multi-family homes in Bedford-Stuyvesant?

This multi-family home is listed 17% above the average price for multi-family homes in Bedford-Stuyvesant and has been on the market for 71 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 3,990 sqft.

500 Madison Street is a 7-bedroom, 6-bath multi-family home for sale in Brooklyn NY 11221. On Prevu for 14 days at $2,950,000. This residence features 3,990 square feet of living space, located in Bedford-Stuyvesant. The median listing price for multi-family homes in this area is $1,625,000. The home offers private outdoor space and pets allowed. 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.