475 Madison Street Brooklyn, NY $ 2,544,000
475 Madison Street
$ 2,544,000
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475 Madison Street

Brooklyn, NY, 11221
$ 2,544,000
Bedrooms10 Baths8.0 Sq 2,436

Monthly Estimate*

$ 15,871

475 Madison Street, Brooklyn, NY 11221 - Image 1
475 Madison Street, Brooklyn, NY 11221 - Image 2
475 Madison Street, Brooklyn, NY 11221 - Image 3
475 Madison Street, Brooklyn, NY 11221 - Image 4
475 Madison Street, Brooklyn, NY 11221 - Image 5

Multi-Family Home for sale in Brooklyn, NY

for $2,544,000 with 10 bedrooms and 8 full baths. This 2,436 square foot home was built in 1931 on a lot size of 0.0339.

Welcome to 475 Madison Street, located in the heart of Bedford-Stuyvesant, one of Brooklyn’s most desirable and historic neighborhoods. This property presents a rare opportunity for investors, developers, or end-users looking to create their dream home or next profitable project. This is a complete gut renovation — ideal for those with vision and creativity. Whether you’re an investor seeking strong returns or a buyer dreaming of designing your family’s forever home, the potential here is limitless. ? Property Highlights: • Location: Highly sought-after block in Bed-Stuy surrounded by charming brownstones • Potential: Rebuild or redesign as a single-family, two-family, or multi-unit investment (verify zoning) • Neighborhood: Minutes to cafés, restaurants, shopping, and major transportation • Condition: Full gut renovation required – perfect blank canvas for customization • Value: Strong neighborhood comps and continuous area development Bring your architect, contractor, and imagination — this is your chance to create something exceptional in one of Brooklyn’s most vibrant communities! Cash buyers or rehab loan purchasers preferred!

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Multi-Family Active

Price

$ 2,544,000

Bedrooms

10

Full Bath

8

Property Type

Multi-Family

Taxes

$ 6,925

Style

Triplex

Lot Size

0.0339

Year Built

1931

Town/City

Brooklyn

County/Region

Kings

MLS | Web ID

935510

Features
Interior
Interior Amenities First Floor Bedroom First Floor Full Bath
Basement See Remarks Storage Space Unfinished
Basement Features See Remarks Storage Space Unfinished
Basement (Y/N) Y
Total Bedrooms 10
Total Baths 8
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General
Sewer Public Sewer
Heating See Remarks
Cooling None
Utilities Electricity Connected Natural Gas Available
Construction Materials Brick
Year Built 1931
Property Subtype Triplex
Tax Year 2024
Parcel Number 01639-0079
County Kings (Brooklyn)
Property Type Residential Income
Garage Y/N N
Full Baths 8
Directions GPS or Google Map
High School Contact Agent
City New York
Disclosures Lead Paint
Senior Community Y/N N
High School District Contact Agent
Number Of Units Total 4
Carport Y/N N
Elementary School Ps 308 Clara Cardwell
Property Attached Y/N Y
Tax Annual Amount 6925
Property Condition Actual Fixer
Building Area Units Square Feet
Standard Status Active
Middle/Junior School District Brooklyn
Elementary School District Brooklyn 16
Tax Assessed Value 248400
Tax Lot 79
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Exterior
Parking Features None None
Water Source Public
Total Parking 0
Parking Spaces 0
Building Area Total 2436
Waterfront Y/N N
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Internal Only
Street Number 1 475
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* Excluded Features
List By
Melissa Mckoy

Listing Agent

Century 21 Milestone Team Rlty

Broker

718-291-7000

Contact

Affordability Calculator

$16,448
Per Month
96%
4%
0%
Monthly Principal & Interest
$15,871
Monthly Property Taxes
$577
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
5340787 Elementary School
4892561 Middle School
Contact Agent High School High School
Pricing History
DatePricePrice ChangeDescription
11/13/2025$2,544,000 Listed Price

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475 Madison Street, Brooklyn, NY, 11221 is a Multi-Family Home for sale at $2,544,000 with 2,436 sqft and a lot size of 0.0339. 475 Madison Street has 10 bedrooms, 8.0 baths, and was built in 1931. The property's zip code is 11221 which is in Brooklyn, NY