116 Madison St, Brooklyn, NY 11216
Property image
Property image
OFF MARKET

116 Madison St
Brooklyn, NY 11216

Bedford-Stuyvesant
  • 8 Beds
  • 5 Baths
  • 3,500 sqft

$3,218,000

Trulia Estimate
as of Jul 17, 2026
Est. Refi. Payment $17,924/mo*
Refinance Your Home

$3,218,000

Trulia Estimate
as of Jul 17, 2026
Est. Refi. Payment $17,924/mo*
Refinance Your Home
8 Beds
5 Baths
3,500 sqft

Local Information

  • Map ViewExplore the area around 116 Madison St.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Description

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.
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). It is currently off market. The Trulia Estimate is $3,218,000, with a rent estimate of $5,641/month.
Contact this Building
Property Website

Home Highlights

Parking
No Info
Outdoor
Yes
HOA
None
Price/Sqft
No Info
Listed
180+ days ago

Home Details for 116 Madison St

Active Status

MLS Status: Sold

Interior Features

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

Exterior Features

Exterior Home Features
Patio / Porch: OtherExterior: Courtyard

Property Information

Year Built
Year Built: 1910
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi Family

Price & Status

Price
List Price: $3,395,000

Location

Direction & Address
City: BrooklynCommunity: Bedford-Stuyvesant

Building

Building Area
Building Area: 3500 Square Feet

HOA

Has an HOA

Listing Info

Special Conditions: Resale

Miscellaneous

Mls Number: S1752898Listing Url

Additional Information

HOA Amenities: LaundrySTREETEASY Property ID: 9040101STREETEASY Building ID: 111000
Last check for updates: about 21 hours ago
Listed by Sara Golan
SERHANT.
Source: StreetEasy, MLS#S1752898

Price History for 116 Madison St

DatePriceEventSource
08/08/2025$3,191,500Sold
N/A
03/21/2025$3,395,000PriceChange
StreetEasy #S1752898
02/05/2025$3,450,000PriceChange
StreetEasy #S1752898
10/16/2024$3,550,000PriceChange
StreetEasy #1738871
10/08/2024$3,800,000Listed For SaleStreetEasy #1738871
03/10/2023$1,625,000Sold
N/A
12/20/2022$1,800,000PriceChange
StreetEasy
10/10/2022$2,100,000PendingStreetEasy
08/15/2022$2,100,000Listed For SaleStreetEasy

Market trends in New York

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$767K
$4.33KMoM
Sale-to-List Price
97.9%
0.1%MoM
Price per sq ft
$653
$10MoM
Available listings
18631
48MoM
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Property Tax and Assessment

Year2025
Tax$8,311
Assessment$1,853,000
Home facts updated by county records

Comparable Sales for 116 Madison St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
246 Gates Ave, Brooklyn, NY
0.16
Multi-Family Home
$3,600,000
04/23/26
8
4
5,140
198 Madison St, Brooklyn, NY
0.18
Multi-Family Home
$3,100,000
10/27/25
6
5
3,238
167 Quincy St, Brooklyn, NY
0.19
Multi-Family Home
$3,795,000
06/23/26
7
5
4,349
431 Greene Ave, Brooklyn, NY
0.30
Multi-Family Home
$3,956,000
08/19/25
7
4.5
3,360
9 Spencer Pl #4, Brooklyn, NY
0.16
Multi-Family Home
$2,375,000
05/21/26
6
4
4,050
292 Gates Ave, Brooklyn, NY
0.10
Multi-Family Home
$4,125,000
02/18/26
6
5.5
4,500

Nearby homes

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Assigned Schools

These are the assigned schools for 116 Madison St.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

Bedford-Stuyvesant
See Local Highlights
Neighborhood stats provided by third party data sources.

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.
  • Saktagracia
    "You could see alot of dogs in this area you need a specific time to walk your dog and some times people don’t scrub the waste from their dogs "
    0
    Flag
  • Clint Newsom
    "It’s a good neighborhood schools could probably be improved. There are probably opportunities for more family, friendly restaurants, and the trash and dog poop can be a bit overwhelming at times."
    0
    Flag
  • Smneze
    "Good place with a great price. The kitchen is well equipped and has everything you need."
    3
    Flag
  • Munecabella2021
    "They good for doing Halloween and Christmas and when it comes to thanksgiving they are very nice and respectful "
    0
    Flag
  • Ozara Jonnson
    "community meetings & tips to keep the neighborhood safe. movies nights, bake sales at the park!! The neighborhood is safe/ feel safe. Bus stations/ train stations is close by! Lots of restaurants/ supermarkets/ farmers market also coffee shop/ ice cream shops. "
    0
    Flag
  • Swiftthabest
    "There are lots of dog parents here so very easy for them to interact. Everyone i've met with a dog is also very friendly "
    1
    Flag
  • Jasmine Hines
    "Perfect here Great Historical Neighborhood Can’t wait to be apart of this great community. I would recommend Brooklyn to people who looking for growth and real family like places . Homes of the great people there"
    4
    Flag
  • Jay Williams
    "Lots of trees and parks and space. Some owners don't pick up after their dogs. Some owners walk their dogs off the leash. "
    3
    Flag
  • Jay Williams
    "People walk their dogs often, but owners don't often pick up after their dogs. Most people will leave you alone. There are a lot of trees in the neighborhood, as well as a few parks, but they require leashes. "
    1
    Flag
  • SN
    "Throughout the neighborhood and the year you can see block parties celebrating the neighborhood and its community as well as community gardens."
    1
    Flag
  • Trulia User
    "Yes the subway is a block away so its very easy to get anywhere in nyc. Buses run west to east so thats great too"
    1
    Flag
  • Elena Carey
    "Von king park is dog haven, off leash hours before 9am and a dog park that is lovely when it’s not rained out. "
    1
    Flag
  • Josh
    "Short. Very short. I’m usually in the city on the Lower East Side in 15 minutes or less during the day. "
    0
    Flag
  • Trulia User
    "During the summer time block party’s and other activities for children make the community a blast to be apart of "
    3
    Flag
  • Josh
    "I live close to the J train which gets me to work on the LES in about 15 minutes during the day, but, minimum 30 minutes at nights. "
    0
    Flag
  • Dashawn Williams
    "It feels like home and it always will. The are definitely has changed but for the better in my opinion."
    1
    Flag
  • Aisha
    "There are many dogs around. All sizes too. If you’re social the dog people will speak to you. "
    1
    Flag
  • PinPin
    "Gentrified more and more, great tight knit community, really relaxed compare to Fort Greene/Clinton Hill area. Arts & Letters have been amazing and goes up to middle school "
    4
    Flag
  • Trulia User
    "I’ve lived here for a few months not and I don’t feel safe. The street is always decorated with dog mess and garbage. Wouldn’t recommend. "
    15
    Flag
  • Trulia User
    "I’ve lived on this neighborhood in the past and it was great then and I still love it trying to move back "
    16
    Flag
  • Trulia User
    "Nice community and clean streets, good lighting. Good food markets and restaurants close by. School are Ali’s close and easy to get to. "
    0
    Flag
  • Trulia User
    "The schools are not great, but the teachers are very caring. There are a few public housing spaces that may generate some unpleasant circumstances, but once you get used to it and get to know the people, it’s fine."
    3
    Flag
  • Trulia User
    "lived here since 2004, it has been an interesting to see the are change over the years. the mix of people all wanting community "
    10
    Flag
  • Trulia User
    "I lived in this neighborhood for three years now. Before then I lived a five minute walk away, but a different zip code. I practically lived here all my life. This neighborhood is full of friendly people who genuinely care about their properties. They take great care of what’s theirs. "
    6
    Flag
  • Trulia User
    "I lived I. This neighborhood since birth. It’s always cool safe and family oriented. I love this place "
    1
    Flag
  • Trulia User
    "It’s a relatively easy. I’m at least a 1 to 10 minutes walk to a bus stop or a train station. And it doesn’t matter what time of the day, it’s generally safe to walk to and from home. "
    2
    Flag
  • Trulia User
    "Block parties during the summer time, they close off the street and people barbecue and blow up bounce for kids"
    1
    Flag
  • Trulia User
    "Wonderful neighborhood safe and very friendly, the blocks are tree lined and houses well maintained "
    0
    Flag
  • Trulia User
    "Community events are nonexistent. We have a street party every year but it’s doesn’t have a community feel. It’s mostly the people who have lived on my street for a long time who don’t like new comers or reach out to new people who move in"
    5
    Flag
  • Trulia User
    "There are lots of families in the neighborhood and many things for kids to do. Some playgrounds would benefit from a makeover. But otherwise no complaints! "
    3
    Flag
  • Trulia User
    "Great area for shopping People and neighborly it’s an amazing area to live and fantastic I recommend people coming to this neighborhood it’s family oriented it’s fantastic I love it here"
    2
    Flag
  • Trulia User
    "I have lived in the neighborhood for two years. I love the vibrant and friendly vibe. there are plenty of great coffee shops and restaurants and public transportation is also very good"
    2
    Flag
  • Trulia User
    "The neighborhood is in a great area in-between the J and the A/C so if you have to commute into Manhattan it's is pretty easy. With the exspansion of the citi bikes most corners you can easily grab a bike for short rides if you don't feel like riding the bus."
    1
    Flag
  • Trulia User
    "Our Area in Bed Stuy has Block parties, stoop socials, Block Associations, engaged residents, community gatherings and speaking to your neighbors! "
    0
    Flag
  • Trulia User
    "Block parties are good way to meet your neighbors. It happened during summer time. "
    0
    Flag
  • Trulia User
    "Tree lined blocks but new renovation all over. Brooklyn is in the house. I’d recommend it to anyone. "
    2
    Flag
  • Trulia User
    "my commute is about 25 minutes. traffic is just insane. with the construction and bus and bike lanes. the city is making sure traffic gets progressively worse. "
    0
    Flag
  • Trulia User
    "I use a car most of the time but when I do use the subway it's pretty good their a lot of homeless people in the morning but that's it "
    0
    Flag
  • Trulia User
    "This neighborhood is very decent to have your kids the schools are great and it’s a community neighborhood "
    0
    Flag
  • Trulia User
    "It is dirty and noisy and people drive dangerously. People sell and do drugs in the open. There are no decent parks. "
    1
    Flag

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Homes for sale near 116 Madison St

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Off Market Homes Near 116 Madison St

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