$3,301,500
- 8 Beds
- 5 Baths
- 3,500 sqft
116 Madison St, Brooklyn, NY 11216
Est. Refi. Payment $19,486/mo*
Refinance Your HomeCurrently Off Market - Sold Aug 8, 2025 for $3,191,500
Home Value
Trulia Estimate
$3.3MSince last month
$1K (0%)Since last year
Increased$100K (+3.1%)Since last sale
Increased$114K (+3.6%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +85% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| September 2026 | $3.31M |
| August 2026 | $3.31M |
| July 2026 | $3.25M |
| June 2026 | $3.22M |
| May 2026 | $3.21M |
| March 2026 | $3.02M |
| February 2026 | $2.96M |
| January 2026 | $2.95M |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
2019 | |
2018 | |
2017 | |
2016 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.07 | Multi-Family Home | $2,225,000 | 08/04/26 | 8 | 5 | 3,100 | |
0.16 | Multi-Family Home | $3,600,000 | 04/23/26 | 8 | 4 | 5,140 | |
0.16 | Multi-Family Home | $2,375,000 | 05/21/26 | 8 | 4 | 3,600 | |
0.18 | Multi-Family Home | $3,100,000 | 10/27/25 | 6 | 5 | 3,238 | |
0.19 | Multi-Family Home | $3,795,000 | 06/11/26 | 7 | 5 | 4,349 | |
0.19 | Multi-Family Home | $2,700,000 | 08/20/26 | 4 | 4.5 | 3,510 | |
0.10 | Multi-Family Home | $4,125,000 | 02/18/26 | 6 | 5.5 | 4,500 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.02 | $3,475,300 | 3 | 4 | 2,800 | Off Market | |
0.03 | $764,000 | 1 | 1 | 581 | Off Market | |
0.05 | $3,826,400 | 5 | 4.5 | 3,010 | Off Market | |
0.04 | $668,700 | 1 | 1 | - | Off Market | |
0.04 | $706,400 | 1 | 1 | 568 | Off Market | |
0.04 | $472,300 | Studio | 1 | 400 | Off Market | |
0.04 | $610,700 | Studio | 1 | - | Off Market | |
0.04 | $928,500 | 2 | 2 | - | Off Market | |
0.04 | $652,700 | 1 | 1 | 528 | Off Market | |
0.04 | $652,700 | 1 | 1 | 528 | Off Market | |
0.05 | $1,441,500 | 2 | 1.5 | 1,954 | Off Market |
Local Information
-- mins to
Home Highlights
Multi-Family
Built in 1910
3,500 sqft
$943/sqft
About this House
What's unique:Private backyardIncredible lightBackyard accessMatte black fixturesRecessed lightingBalcony overlooking the backyard
116 Madison Street, #TH
Perfect for a 1031 Exchange property – 6.5 % Cap Rate
Rare 5-Unit Investment Property Nestled Between Clinton Hill and Bed-Stuy
Ask About Seller's Financing And Investment Programs
Opportunity awaits with this gut-renovated multi-family townhome boasting 5 modern, apartments and a private backyard.
116 Madison Street offers steady income-generating potential and is equally suited as a live-and-rent or whole-home investment property.
A modern stucco façade gives way to pristine interiors marked by beautiful hardwood floors, open-plan layouts, airy ceilings, tall sash windows, recessed lighting, in-unit washers and dryers, and central A/C.
Contemporary kitchens are adorned with sleek stone countertops, white subway tile backsplashes, custom cabinetry, matte black faucets, warm wood accents, and stainless steel appliances. Bathrooms feature floating vanities, stone tile walls and floors, and matte black fixtures.
UNIT 1 is a 2-bedroom, 1-bathroom duplex with an eat-in peninsula, backyard access, and a sprawling recreation space perfect for use as a home office, gym, crafts area, playroom, and more.
UNIT 2 is a 2-bedroom, 1-bathroom floor-though home with a balcony overlooking the backyard.
UNITS 3 and 4 are sun-splashed 1-bathroom studios with single-line kitchens.
UNIT 5 is a 2-bedroom, 1-bathroom floor-through penthouse with incredible light.
116 Madison Street sits on a pretty tree-lined street just off Bedford Avenue. There are dozens of exciting restaurants, bars, cafes, and shops nearby, including Place des Fetes, Clementine Bakery, Do or Dive, Ursula, Hart’s, Artshack, Fan Fan Doughnuts, and The Franklin, among many others.
Accessible subway lines include the A, C, and G, allowing for simple commutes to Manhattan, North Brooklyn, and Long Island City.
Perfect for a 1031 Exchange property – 6.5 % Cap Rate
Rare 5-Unit Investment Property Nestled Between Clinton Hill and Bed-Stuy
Ask About Seller's Financing And Investment Programs
Opportunity awaits with this gut-renovated multi-family townhome boasting 5 modern, apartments and a private backyard.
116 Madison Street offers steady income-generating potential and is equally suited as a live-and-rent or whole-home investment property.
A modern stucco façade gives way to pristine interiors marked by beautiful hardwood floors, open-plan layouts, airy ceilings, tall sash windows, recessed lighting, in-unit washers and dryers, and central A/C.
Contemporary kitchens are adorned with sleek stone countertops, white subway tile backsplashes, custom cabinetry, matte black faucets, warm wood accents, and stainless steel appliances. Bathrooms feature floating vanities, stone tile walls and floors, and matte black fixtures.
UNIT 1 is a 2-bedroom, 1-bathroom duplex with an eat-in peninsula, backyard access, and a sprawling recreation space perfect for use as a home office, gym, crafts area, playroom, and more.
UNIT 2 is a 2-bedroom, 1-bathroom floor-though home with a balcony overlooking the backyard.
UNITS 3 and 4 are sun-splashed 1-bathroom studios with single-line kitchens.
UNIT 5 is a 2-bedroom, 1-bathroom floor-through penthouse with incredible light.
116 Madison Street sits on a pretty tree-lined street just off Bedford Avenue. There are dozens of exciting restaurants, bars, cafes, and shops nearby, including Place des Fetes, Clementine Bakery, Do or Dive, Ursula, Hart’s, Artshack, Fan Fan Doughnuts, and The Franklin, among many others.
Accessible subway lines include the A, C, and G, allowing for simple commutes to Manhattan, North Brooklyn, and Long Island City.
116 Madison St, Brooklyn, NY 11216 is a 8 bedroom, 5 bathroom, 3,500 sqft multi-family in Bedford-Stuyvesant, built in 1910. It last sold for $3,191,500 on Aug 8, 2025 (6% below the $3,395,000 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $3,301,500.
Contact this Building
Last check for updates: about 9 hours ago
Listed by Sara Golan
SERHANT.
Source: StreetEasy, MLS#S1752898
Home Details for 116 Madison St
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Interior Details Number of Rooms: 9 |
Beds & Baths Number of Bedrooms: 8Number of Bathrooms: 5Number of Bathrooms (full): 5 |
Dimensions and Layout Living Area: 3500 Square Feet |
Appliances & Utilities Laundry: Inside |
View No View |
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Exterior Home Features Patio / Porch: OtherExterior: Courtyard |
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Year Built Year Built: 1910 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi Family |
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Price List Price: $3,395,000 |
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MLS Status: Sold |
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Direction & Address City: BrooklynCommunity: Bedford-Stuyvesant |
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Building Area Building Area: 3500 Square Feet |
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Has an HOA |
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Special Conditions: Resale |
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Mls Number: S1752898Listing Url |
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HOA Amenities: LaundrySTREETEASY Property ID: 9040101STREETEASY Building ID: 111000 |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Aug 8, 2025 Source: N/A | Sold | $3,191,500 |
Mar 21, 2025 Source: StreetEasy #S1752898 | PriceChange | $3,395,000 Price decreased by 2% |
Feb 5, 2025 Source: StreetEasy #S1752898 | PriceChange | $3,450,000 Price decreased by 3% |
Oct 16, 2024 Source: StreetEasy #1738871 | PriceChange | $3,550,000 Price decreased by 7% |
Oct 8, 2024 Source: StreetEasy #1738871 | Listed For Sale | $3,800,000 |
Mar 10, 2023 Source: N/A | Sold | $1,625,000 |
Dec 20, 2022 Source: StreetEasy | PriceChange | $1,800,000 Price decreased by 14% |
Oct 10, 2022 Source: StreetEasy | Pending | $2,100,000 |
Aug 15, 2022 Source: StreetEasy | Listed For Sale | $2,100,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $8,311 | $1,853,000 |
Home facts updated by county records
Market trends in New York
Last updated August 2026
Avg. sale price
$818K
$21.67KMoM
Sale-to-List Price
98.1%
0.1%MoM
Price per sq ft
$704
$22MoM
Available listings
16526
1221MoM
Around this home
What Locals Say about Bedford-Stuyvesant
At least 2012 Trulia users voted on each feature.
94 % Say there are sidewalks
91 % Say it's walkable to grocery stores
89 % Say it's dog friendly
85 % Say it's walkable to restaurants
72 % Say streets are well-lit
66 % Say kids play outside
61 % Say people would walk alone at night
56 % Say there's holiday spirit
56 % Say neighbors are friendly
52 % Say there are community events
51 % Say they plan to stay for at least 5 years
50 % Say yards are well-kept
39 % Say parking is easy
34 % Say it's quiet
31 % Say car is needed
25 % Say there's wildlife
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Frequently asked questions about 116 Madison St
- What is 116 Madison St estimated to be worth?Trulia's estimated value for 116 Madison St in Brooklyn, NY is $3,301,500.
- What is the price history for 116 Madison St?116 Madison St in Brooklyn, NY last sold for $3,191,500 in August 2025.
- Is Brooklyn a buyer's or seller's market?Brooklyn is currently a balanced market, based on recent for-sale activity.
- What's the median sale price in Brooklyn?The median sale price in Brooklyn is $818K. That is up $21.67K from the prior month.
- Does 116 Madison St have laundry facilities?Yes, 116 Madison St in Brooklyn, NY has laundry facilities.

