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$3,100,000
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Property Description
Imagine living in a fully renovated historic brick townhouse with sun-drenched interiors and a private garden that offers effortless indoor-outdoor entertaining - all while two beautifully appointed residences above generate substantial income. On a picturesque, tree-lined block in the heart of Bedford-Stuyvesant, 318 Madison Street stands as a rare offering: a meticulously restored 1915 townhouse that seamlessly unites historic grandeur with sophisticated modern living. Behind its classic facade lies an exceptional owner's triplex spanning over 2,000 square feet, complemented by two beautifully designed two-bedroom residences above that provide meaningful rental income. Ascend the iconic townhouse stoop and enter a striking foyer that opens to the parlor level - a dramatic entertaining space where soaring ceilings, oversized windows, and an elegant marble mantle pay homage to the home's architectural heritage. A thoughtfully designed open layout introduces a contemporary sensibility, highlighted by wide-plank white oak flooring, a sculptural glass-enclosed staircase, and expansive sliding glass doors that extend the living space to a newly finished private deck. The chef's kitchen blends refined design with professional functionality. Sleek flat-panel cabinetry is paired with a Carrara marble backsplash, pot filler, custom two-zone wine cooler, and premium appliances by Fisher & Paykel and KitchenAid. Adding a distinctive local narrative, the kitchen's statement countertop is crafted from reclaimed oak salvaged after Hurricane Sandy - a subtle homage to Brooklyn's resilience and character. Just beyond, the expansive deck offers an effortless transition to outdoor living, providing ample room for dining, lounging, and entertaining above the private garden below. The garden level reveals a tranquil private retreat with three generously proportioned bedrooms and two beautifully appointed baths. The serene primary suite features dual walk-in closets, an elegant ensuite bath, and a full wall of sliding glass doors that open directly onto the lush south-facing garden. Custom motorized shades by The Shade Store provide comfort and privacy throughout the residence. Designed as a true outdoor sanctuary, the private garden offers a lawn, ambient globe lighting, additional lounge space and a tranquil water feature, creating a rare urban oasis ideal for both quiet relaxation and memorable gatherings. The finished lower level adds exceptional versatility, offering space for a media lounge, playroom, home gym, and laundry area. Mechanical systems - including four-zone central heating and air conditioning, integrated security, and sump pump - are discreetly integrated throughout the home. Above the owner's residence, two thoughtfully updated two-bedroom apartments retain charming prewar character while offering modern comforts, including updated kitchens and baths, hardwood floors, skylights, and in-ceiling speakers. These residences generate strong rental income while maintaining privacy for the owner's home below. Perfectly situated across from Arts & Letters Elementary and moments from the celebrated restaurants, cafés, and boutiques along Tompkins Avenue - including Peaches Hothouse, Delores, Cheeni, Warude, and Bar Camilo - the home offers the best of Brooklyn living. The express A train is just moments away, providing a convenient 25-minute commute to Manhattan. 318 Madison Street represents a rare opportunity to own a fully renovated historic townhouse that delivers architectural beauty, luxurious private living, exceptional outdoor space, and, with an estimated 5.1% cap rate, enduring investment value. Contact us today to find out more about this beautiful home!
Full Property Details
Full Property Details for 318 Madison St
General
- Sold For: $3,100,000
- Taxes: $5,532
- Status: Closed
- Type: Multi-Family
- Source: REBNY
- MLS ID: RLS20083848
- Added to Site: 86 day(s) ago
Interior
- Number of Rooms: 16
- Interior Features: Entrance Foyer, High Ceilings, Smoke Free, Walk-In Closet(s)
- Appliances: Wine Cooler
- Furnishings: Unfurnished
- Flooring: Hardwood
Rooms
Bathrooms
- Total Bathrooms: 5
- Full Bathrooms: 4
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 7
Other Rooms
- Laundry: Common On Floor, Washer Hookup, In Unit, See Remarks
Additional Information
- Pool: Yes
- Pool Description: Building None
Exterior
- Exterior Features: Private Outdoor Space Over 60 Sqft
- Porch/Patio/Deck: Deck
Location
- County: Kings
- Subdivision: Bedford-Stuyvesant
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Other
- Heating Type: Central
Structural Information
- Structure Type: Townhouse
- Windows: Skylight(s)
- Stories/Levels: 3
- Square Feet: 3,987
- Living Area: 3,987 Sq. Ft.
- Year Built: 1915
- Other Struct. Feat.: Common Playroom, Fitness Center, Green Building
Lot Features
- Property View: Other
- Lot Size: 2000
- Lot Dimensions: 2000.00 x 1
Financial Considerations
- Tax Amount: $5,532
Disclosures and Reports
- Special Conditions: Standard
- Property ID: 01824-0024
- Block: 1824
- Lot Number: 24
Listing Courtesy of Corcoran Group
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Schools
Schools serving 318 Madison St
School District:New York City Geographic School District 13
| Name | Grades | Distance |
|---|---|---|
Ps 305 Dr Peter Ray 344 Monroe Street, Brooklyn, NY 11216 | K-6 | 0.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 318 Madison St
Date
Details
Price
Change
Source
7/09/2026
Sold
$3,100,000
-3.12%
MLS
4/15/2026
Listed
$3,200,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
318 Madison Street, New York City, NY 11216 (MLS# RLS20083848) is a Multi-Family property that was sold at $3,100,000 on July 09, 2026. Want to learn more about 318 Madison Street? Do you have questions about finding other Multi-Family real estate for sale in New York City? You can browse all New York City real estate or contact a Coldwell Banker agent to request more information.

