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389 Madison Street Brooklyn, NY $ 1,650,000
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$ 1,650,000 Get more info
389 Madison Street
$ 1,650,000
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389 Madison Street

Brooklyn, NY, 11221
$ 1,650,000
Baths0.0 Sq 5,000

Monthly Estimate*

$ 10,159

389 Madison Street, Brooklyn, NY 11221 - Image 1
Studio

Multi-Family Home for sale in Brooklyn, NY

for $1,650,000. This 5,000 square foot home was built in 1931 on a lot size of 0.0459.

Welcome to 389 Madison Street, a classic Bedford-Stuyvesant brownstone filled with original character and opportunity. This legal multi-family townhouse showcases beautiful architectural details, high ceilings, original moldings, and the timeless charm Brooklyn brownstones are known for. Offering generous living space across multiple levels, the home features a traditional stoop entry, private backyard, and full basement. Ideal for end users looking to create their dream home or investors seeking strong income potential in one of Brooklyn’s most desirable neighborhoods. Situated on a tree-lined block surrounded by historic brownstones, just moments from transportation, restaurants, cafes, and everyday conveniences. A rare opportunity to own a true piece of classic Brooklyn with endless potential. Needs some TLC

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Multi-Family Active

Price

$ 1,650,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 6,416

Style

Quadruplex

Lot Size

0.0459

Year Built

1931

Town/City

Brooklyn

County/Region

Kings

MLS | Web ID

954885
Features
Interior
Interior Amenities First Floor Bedroom
Basement Storage Space
Basement Features Storage Space
Basement (Y/N) Y
Total Bedrooms 0
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General
Sewer Public Sewer
Heating Steam
Cooling Wall/Window Unit(s)
Utilities Electricity Connected
Construction Materials Brownstone
Year Built 1931
Property Subtype Quadruplex
Tax Year 2024
Parcel Number 01820-0062
County Kings (Brooklyn)
Property Type Residential Income
Garage Y/N N
Full Baths 0
City New York
Senior Community Y/N N
Number Of Units Total 4
Carport Y/N N
Property Attached Y/N Y
Tax Annual Amount 6416.68
Building Area Units Square Feet
Standard Status Active
Tax Assessed Value 512100
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Exterior
Parking Features Off Street Off Street
Water Source Public
Building Area Total 5000
Waterfront Y/N N
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Internal Only
Street Number 1 389
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* Excluded Features
List By
Elsie Tavarez

Listing Agent

Resource Realty Group

Broker

917-654-9835

Contact

Affordability Calculator

$10,694
Per Month
95%
5%
0%
Monthly Principal & Interest
$10,159
Monthly Property Taxes
$535
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
4101131 Elementary School
4101327 Middle School
Unknown High School High School
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Pricing History
DatePricePrice ChangeDescription
1/23/2026$1,650,000 Listed Price

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389 Madison Street, Brooklyn, NY, 11221 is a Multi-Family Home for sale at $1,650,000 with 5,000 sqft and a lot size of 0.0459. 389 Madison Street is a studio with 0.0 baths and was built in 1931. The property's zip code is 11221 which is in Brooklyn, NY

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