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  • Price cut: $50K (3/17)
    $1,099,000

    988 Madison St, Brooklyn, NY 11221

    6beds
    1,688sqft
    Multi Family
    Built in 1901
    -- sqft lot
    $1,109,400 Zestimate®
    $651/sqft
    $-- HOA

    What's special

    Property is Fully occupied, being sold AS IS. Drive by only. Buyer pays transfer taxes.
    87 days
    |
    878
    |
    15
    |

    Zillow last checked: 7 hours ago

    Listing updated: April 07, 2026 at 02:51am

    Listing by:

    Great Success Realty 718-883-1800,

    Shimon Matsui

    Source: StreetEasy,MLS#: S1805906

    Tour with a local agent

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 6
      • Bathrooms: 3
      • Full bathrooms: 3
      Interior area
      • Total structure area: 1,688
      • Total interior livable area: 1,688 sqft

      Property

      Details
      • Parcel number: 033660031
      • Special conditions: Resale

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Condition
      • Year built: 1901

      Community & HOA

      Community
      • Subdivision: Bushwick
      Location
      • Region: Brooklyn

      Financial & listing details

      • Price per square foot: $651/sqft
      • Tax assessed value: $1,534,000
      • Annual tax amount: $2,612
      • Date on market: 1/11/2026

        Estimated market value

        $1,109,400

        $1.05M - $1.16M

        $4,413/mo

        Price history

        Price history
        DateEventPrice
        3/17/2026Price change$1,099,000-4.4%$651/sqft
        Source: OneKey® MLS as distributed by MLS GRID #949765 Report a problem
        2/3/2026Price change$1,149,000-3.4%$681/sqft
        Source: OneKey® MLS as distributed by MLS GRID #949765 Report a problem
        1/8/2026Listed for sale$1,190,000+4660%$705/sqft
        Source: OneKey® MLS as distributed by MLS GRID #949765 Report a problem
        7/1/2015Sold$25,000+66.7%$15/sqft
        Source: Public Record Report a problem
        3/19/2015Sold$15,000-96.9%$9/sqft
        Source: Public Record Report a problem
        11/12/2013Listing removed$2,500$1/sqft
        Source: Natasha Saunders Report a problem
        7/11/2013Listed for rent$2,500$1/sqft
        Source: Natasha Saunders Report a problem
        4/6/2012Listing removed$478,999$284/sqft
        Source: Online Homes, LLC Report a problem
        2/29/2012Listed for sale$478,999$284/sqft
        Source: Online Homes, LLC Report a problem

        Public tax history

        Public tax history
        YearProperty taxesTax assessment
        2024$2,612 $92,040 -0.1%
        2023-- $92,160 +7%
        2022-- $86,100 +29.5%
        2021-- $66,480 -3.3%
        2020$2,319 +1.1%$68,760 -9.6%
        2019$2,294 +7.1%$76,020 +642.5%
        2018$2,142 +8.6%$10,239 +5.9%
        2017$1,972 +10.4%$9,672 +5.9%
        2016$1,786 $9,134 +0.1%
        2015$1,786 +62.3%$9,129 +1.1%
        2014$1,100 $9,031 +5.8%
        2013-- $8,533 +5.9%
        2012-- $8,060 +5.9%
        2011-- $7,612 +0.1%
        2010-- $7,608 +1.1%
        2009-- $7,526 +5.8%
        2008-- $7,111 +5.9%
        2007-- $6,717 +5.9%
        2006-- $6,344 +0.1%
        2005-- $6,340 +1.1%
        2004-- $6,272 +5.8%
        2003-- $5,926 +5.9%
        2002-- $5,598 +5.9%
        2001-- $5,287 +0.1%
        2000-- $5,284

        Find assessor info on the county website

        Monthly payment

        Estimated monthly payment
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Bushwick

        Getting around

        90 / 100
        Walker's Paradise
        81 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating

        Local experts in 11221

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