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$3,144,000
List Price: $3,200,000
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318 Madison Street
Townhouse in Bedford-Stuyvesant •  building info
7bd • 4.5ba • 3,987ft² $803 per ft²
Buy with Yoreevo

$3,144,000

List Price

$3,200,000

Open Sun, Apr 19 (12pm - 1:30pm) (by appt.)
Key Details
Days on market
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Last price change
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Estimated payment
$17,728/mo
Taxes
$461/mo
Maintenance
N/A
Description
Imagine living in a fully renovated historic brownstone with sun-drenched interiors, a private landscaped garden, and effortless indoor-outdoor entertaining - all while two beautifully appointed residences above generate substantial income. On a picturesque, tree-lined block in the heart of Bedford-Stuyvesant, 318 Madison Street stands as a rare offering: a meticulously restored 1915 brownstone that seamlessly unites historic grandeur with sophisticated modern living. Behind its classic facade lies an exceptional owner's triplex spanning over 2,000 square feet, complemented by two beautifully designed two-bedroom residences above that provide meaningful rental income. Ascend the iconic brownstone stoop and enter a striking foyer that opens to the parlor level - a dramatic entertaining space where soaring ceilings, oversized windows, and an elegant marble mantle pay homage to the home's architectural heritage. A thoughtfully designed open layout introduces a contemporary sensibility, highlighted by wide-plank white oak flooring, a sculptural glass-enclosed staircase, and expansive sliding glass doors that extend the living space to a newly finished private deck. The chef's kitchen blends refined design with professional functionality. Sleek flat-panel cabinetry is paired with a Carrara marble backsplash, pot filler, custom two-zone wine cooler, and premium appliances by Fisher & Paykel and KitchenAid. Adding a distinctive local narrative, the kitchen's statement countertop is crafted from reclaimed oak salvaged after Hurricane Sandy - a subtle homage to Brooklyn's resilience and character. Just beyond, the expansive deck offers an effortless transition to outdoor living, providing ample room for dining, lounging, and entertaining above the landscaped garden below. The garden level reveals a tranquil private retreat with three generously proportioned bedrooms and two beautifully appointed baths. The serene primary suite features dual walk-in closets, an elegant ensuite bath, and a full wall of sliding glass doors that open directly onto the lush south-facing garden. Custom motorized shades by The Shade Store provide comfort and privacy throughout the residence. Designed as a true outdoor sanctuary, the landscaped garden offers a manicured lawn, ambient globe lighting, a pergola with additional lounge space, a tranquil water feature, and a living wall of greenery - creating a rare urban oasis ideal for both quiet relaxation and memorable gatherings. The finished lower level adds exceptional versatility, offering space for a media lounge, playroom, home gym, and laundry area. Mechanical systems - including four-zone central heating and air conditioning, integrated security, and sump pump - are discreetly integrated throughout the home. Above the owner's residence, two thoughtfully updated two-bedroom apartments retain charming prewar character while offering modern comforts, including updated kitchens and baths, hardwood floors, skylights, and in-ceiling speakers. These residences generate strong rental income while maintaining privacy for the owner's home below. Perfectly situated across from Arts & Letters Elementary and moments from the celebrated restaurants, cafés, and boutiques along Tompkins Avenue - including Peaches Hothouse, Delores, Cheeni, Warude, and Bar Camilo - the home offers the best of Brooklyn living. The express A train is just moments away, providing a convenient 25-minute commute to Manhattan. 318 Madison Street represents a rare opportunity to own a fully renovated historic brownstone that delivers architectural beauty, luxurious private living, exceptional outdoor space, and enduring investment value. Contact us today to find out more about this beautiful home!

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Important Stuff
Washer/Dryer in unit
Building info

318 Madison St, Brooklyn, NY 11216

apartment in Bedford-Stuyvesant
4
Stories
1915
Built

History
What it'll cost
Purchase price
$3,200,000
Asking Price: $3,200,000
Term
30 Years
Down Payment
$320,000 (10%)
Min: 10% (320,000)
Rate
6.0 %
Mortgage Amount
$2,880,000
Mortgage Payment
$17,267
Taxes
$461
Estimated Yoreevo rebate
$56,000
Estimated closing cost
$124,000
Total monthly cost $17,728
Buy your dream home with us and get an estimated $56,000 rebate.
Rebates vary by sale price, market and are subject
to a minimum commission.
Listing Courtesy of Corcoran Group

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