TLC plus some major repairs - A GUT REHAB. This property is in poor condition: The improvements have substantial damage and deferred maintenance with deficiencies and defects that are severe enough to affect the safety, soundness and structural integrity of the improvements. A diamond in the rough. This is a 2-family house - 2 bedrooms over 2 bedrooms. It's not perfect and that's exactly why you can buy this 4-bedroom home. Imagination and a bit of work will reward you with a real dream house. Currently occupied with squatters. This is a short sale and is subject to 3rd party approval.
Sold for $700,000
$700,000
689 Madison St, Brooklyn, NY 11221
--beds
2,052sqft
Multi Family
Built in 1899
-- sqft lot
$1,260,500 Zestimate®
$341/sqft
$5,142 Estimated rent
Home value
$1,260,500
$1.03M - $1.53M
$5,142/mo
Zestimate® history
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Zillow last checked: 7 hours ago
Listing updated: November 27, 2025 at 06:49am
Listed by:
Dylan Williams 917-541-4781,
ABC Real Estate Services, Inc.
Source: BNYMLS,MLS#: 490611
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Oil, Steam/Radiator
Appliances
- Included: Refrigerator, Stove, Gas Water Heater
Features
- Flooring: Hardwood
- Basement: Full,Unfinished
Interior area
- Total structure area: 2,052
- Total interior livable area: 2,052 sqft
Property
Parking
- Parking features: None
Features
- Stories: 3
Lot
- Size: 1,908 sqft
- Dimensions: 19x100
- Features: Back Yard, Front Yard
Details
- Foundation area: 684
- Parcel number: 016420081
- Special conditions: Arm's Length
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Colonial
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Vinyl Siding, Wood Frame
- Foundation: Concrete Perimeter
- Roof: Asphalt/Tar
Condition
- Year built: 1899
Utilities & green energy
- Electric: 110 V, 100 Amp Service
Community & neighborhood
Location
- Region: Brooklyn
- Subdivision: Brooklyn
Price history
| Date | Event | Price |
|---|---|---|
| 11/26/2025 | Sold | $700,000+0.1%$341/sqft |
Source:  BNYMLS #490611 Report a problem | ||
| 4/17/2025 | Pending sale | $699,000$341/sqft |
Source: BNYMLS #490611 Report a problem | ||
| 4/4/2025 | Listed for sale | $699,000-35.2%$341/sqft |
Source: BNYMLS #490611 Report a problem | ||
| 12/22/2021 | Listing removed | -- |
Source: StreetEasy Report a problem | ||
| 12/13/2021 | Listed for sale | $1,079,000+54.4%$526/sqft |
Source: StreetEasy Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,799 | $83,880 -7.4% |
| 2023 | -- | $90,600 +6.9% |
| 2022 | -- | $84,720 -4.8% |
Find assessor info on the county website
Neighborhood: Bedford-Stuyvesant
Nearby schools
GreatSchools rating
- 8/10Ps 309 George E Wibecan Preparatory AcademyGrades: PK-5Distance: 0.3 mi
- 7/10Ms 267 Math Science And TechnologyGrades: 6-8Distance: 0.2 mi
- 5/10The Brooklyn Academy Of Global FinanceGrades: 9-12Distance: 0.4 mi