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988 Madison StreetBrooklyn, NY 11221

For Sale

$1,190,000

Smart Buyer Rebate $14,875

contract vandee, fully occupied, sold as - is
NO REPRESENTATION, BUYER PAYS TRANSFER TAX
3 family 3 story 18.75 X 50 building R-6
8 Bedroom 3 full bathrooms and a full basment

Listed by Shimon A. Matsui

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Great Success Realty Inc

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718-883-1800

Last updated January 29, 2026

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Source: OneKey #949765

Listing Facts

  • TypeMulti-family
  • NeighborhoodBushwick
  • Bedrooms6
  • Bathrooms3
  • Days on Prevu22
  • Taxes$2,609/year

Location

Mortgage Calculator

Listing History

01/08/2026
Listed by Great Success Realty Inc
$1,190,000

Estimated Closing Costs

Total
$45,081
Attorney Fees
$4,000
NYC Mansion Tax
$11,900
Title Insurance
$5,355
Bank Attorney
$1,500
Mortgage Recording Tax
$18,326
Other Closing Costs
$4,000

Estimated closing costs are based on the list price of $1,190,000 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 988 Madison Street

Exterior

Construction

  • Number Of Units Total: 3
  • Property Attached: Yes
  • Property Condition: Fixer
  • Year Built: 1901
  • Construction Materials: Brick

Measurements

  • Building Area Total: 2,814
  • Building Area Units: Square Feet
  • Lot Size Acres: 0.03
  • Lot Size Square Feet: 1,688

Financial

Taxes

  • Parcel Number: 03366-0031
  • Tax Annual Amount: $2,609.00
  • Tax Year: 2025

Interior

Features

  • Interior Features: First Floor Bedroom

Rooms

  • Basement: Full
  • Has Basement: Yes
  • Bathrooms Full: 3
  • Bathrooms Total Integer: 3
  • Bedrooms Total: 6

Schools

Elementary School

  • Elementary School: Ps 299 Thomas Warren Field
  • Elementary School District: Brooklyn 32

High School

  • High School: Bushwick Community Hs
  • High School District: Brooklyn 32

Middle or Junior School

  • Middle Or Junior School: Jhs 291 Roland Hayes
  • Middle Or Junior School District: Brooklyn 32

Utilities

Equipment

  • Heating: Baseboard
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Water Source: Public

Frequently Asked Questions

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

There are 6 bedrooms and 3 bathrooms in this multi-family home at 988 Madison Street.

What schools are nearby to 988 Madison Street?

Nearby schools include the Ps 299 Thomas Warren Field Elementary School, Jhs 291 Roland Hayes Middle School, and Bushwick Community Hs High School.

What are the annual taxes for 988 Madison Street?

Annual taxes for this multi-family home are estimated at $2,609.

How does 988 Madison Street compare to other multi-family homes in Bushwick?

This multi-family home is listed 28% below the average price for multi-family homes in Bushwick and has been on the market for 68 less days than the typical home in this area.

988 Madison Street is a 6-bedroom, 3-bath multi-family home for sale in Brooklyn NY 11221. Listed on Prevu for 22 days at $1,190,000. This property is located in Bushwick. The median listing price for multi-family homes in this area is $1,197,500. Nearby schools include Ps 299 Thomas Warren Field Elementary School, Jhs 291 Roland Hayes Middle School, and Bushwick Community Hs High School. View other 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 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.