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Off market
  • $3,570,100

    588 Madison St, Brooklyn, NY 11221

    5beds
    3,880sqft
    MultiFamily
    Built in 1899
    -- sqft lot
    $3,570,100 Zestimate®
    $920/sqft
    $4,840 Estimated rent

    Home value

    $3,570,100

    $3.25M - $3.93M

    $4,840/mo

    Zestimate® history
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    Owner options

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    $4,840/mo

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    $4,840/mo

    Rent Zestimate®

    Refinance and save

    $21,996/mo

    Est. payment

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    $21,996/mo

    Est. payment

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    What's special

    Located in historic Stuyvesant Heights, 588 Madison was originally built in 1889 by infamous architect William Godfrey and gut renovated and redesigned by a principle at KGBL, a renowned NYC furniture design and architecture firm. This 4 bedroom, 2.5 bathroom triplex home boasts four stories of living space with two private terraces and with the addition of a 1 bedroom, 1 bathroom garden apartment with access to the backyard complete with a garden. Enter up the steps into the parlor floor of this immaculately restored turn-of-the-century French Neo-Grec brownstone with soaring ceilings, 20th century details, and custom designed white oak with walnut inlay flooring throughout. The formal sitting room will take you back in time with its' gloriously restored moldings, handmade white oak pocket doors, dramatic windows and stunning original pier mirror. The kitchen is equipped with Thermador appliances, custom walnut cabinets with satin lacquer fronts, and a solid walnut butcher block work surface that sits atop the kitchen island. Off the kitchen is a cozy sunroom/breakfast room with French doors that direct you onto the terrace with access to a private backyard. The second floor is designed as a traditional primary suite-floor complete with en-suite primary bath offering custom created linen cabinets, separate vanities, tub and enclosed shower. Off the master bath is a custom walnut walk-in closet which connects to a sitting room or additional bedroom. On the top floor of the brownstone are two additional large bedrooms each with enormous walk-in closets. This floor has a laundry closet and bright full bath with skylight and double sinks with plenty of storage. The property has central heating and air conditioning complete with a humidification system through-out the Triplex and Garden apartment. The Stunning and elegant garden floor unit with private entrance and outdoor space with immediate income. Currently occupied with a tenant this type of rental unit rarely comes available with so much attention to detail and sophistication. This floor thru one bedroom has a massive eat in kitchen, lovely grand living room and quiet bedroom which faces on to the garden. Featuring a top of the line kitchen and bath, washer and dryer, and an abundance of storage space in the basement. This unit has access to a private patio and garden. Located on one of the most desirable blocks in Stuyvesant Heights within a short distance to coffee shops, bakeries, parks and restaurants as well as multiple bus lines and the A/C Express at Utica Avenue and J at Kosciusko Street.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 4
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Dryer, Washer
    • Laundry: In Unit
    Features
    • Flooring: Hardwood
    Interior area
    • Total interior livable area: 3,880 sqft

    Property

    Lot
    • Size: 2,000 sqft
    Details
    • Parcel number: 016450014

    Construction

    Type & style
    • Home type: MultiFamily
    Condition
    • Year built: 1899

    Community & neighborhood

    Location
    • Region: Brooklyn

    Other

    Other facts
    • Courtyard
    • Fios Available
    • Laundry: In Unit

    Price history

    DateEventPrice
    6/13/2022Sold$3,532,000+0.9%$910/sqft
    Source: Public Record Report a problem
    1/22/2022Pending sale$3,500,000$902/sqft
    Source: StreetEasy Report a problem
    12/11/2021Listed for sale$3,500,000+34.1%$902/sqft
    Source: StreetEasy Report a problem
    7/6/2020Listing removed$2,800$1/sqft
    Source: Compass Report a problem
    7/1/2020Listed for rent$2,800$1/sqft
    Source: Compass Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$8,199 $151,500 -11.7%
    2023-- $171,660 +22.2%
    2022-- $140,520 +23.1%

    Find assessor info on the county website

    Neighborhood: Bedford-Stuyvesant

    Nearby schools

    GreatSchools rating