988 Madison Street, Brooklyn, NY 11221 - Photo 1

1/1

$1,099,000 -$50,000 (-4.35%) Price Reduced

For Sale
Active
Multi-Family
6 Total Beds

1/1

Property Description

Contract vandee, fully occupied, sold as - is NO REPRESENTATION, BUYER PAYS TRANSFER TAX 3 family 3 story 18.75 X 50 building R-6 8 Bedroom 3 full bathrooms and a full basement

Full Property Details

Full Property Details for 988 Madison St

General

Price: $1,099,000
Taxes: $2,609
Status: Active
Type: Multi-Family
Source: Long_Island
MLS ID: 949765
Updated: 3/17/2026
Added to Site: 101 day(s) ago

Interior

Interior Features: First Floor Bedroom

Rooms

Bathrooms

Total Bathrooms: 3
Full Bathrooms: 3

Bedrooms

Total Bedrooms: 6

Parking

Parking Features: None

Location

County: Kings (Brooklyn)

School Information

High School District: Brooklyn 32
Elementary School: Ps 299 Thomas Warren Field
Middle School: Jhs 291 Roland Hayes
High School: Bushwick Community Hs

Heating & Cooling

Cooling Type: None
Heating Type: Baseboard

Utilities

Sewer: Public Sewer
Water: Public
Utility Description: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Structural Information

Detached/Attached: Attached
Construction: Brick
Basement: Yes
Basement Desc.: Full Basement
Building Size: 2814
Square Feet: 2,814
Year Built: 1901

Lot Features

Lot Size (Acres): 0.0388
Lot Size (Sq. Ft.): 1,688

Financial Considerations

Tax Amount: $2,609

Disclosures and Reports

Special Conditions: Contract Vendee
Property ID: 03366-0031

Listed by Great Success Realty Inc

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— 988 Madison St —

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718-883-1800

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Schools

Schools serving 988 Madison St

School District:New York City Geographic School District 32

Name	Grades	Distance
Ps 299 Thomas Warren Field School 88 Woodbine Street, Brooklyn, NY 11221	K-5	0.1 mi
Jhs 291 Roland Hayes 231 Palmetto Street, Brooklyn, NY 11221	6-8	0.5 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 988 Madison St Get Price Alerts and Save Property

Date

Details

Price

Change

Source

3/17/2026

Price Reduced

$1,099,000

-4.35%

MLS

2/03/2026

Price Reduced

$1,149,000

-3.45%

MLS

1/08/2026

Listed

$1,190,000

—

MLS

Get Price Alerts and Save Property

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History

Tax History for 988 Madison St

Year

Property Taxes

Change

Tax Assessment

Change

2025

$2,640

1%

$13,146

-86%

2024

$2,612

6%

$92,040

—

2023

$2,468

5%

$92,160

7%

2022

$2,357

-49%

$86,100

30%

2021

$4,614

99%

$66,480

-3%

2020

$2,319

1%

$68,760

-10%

2019

$2,294

16%

$76,020

642%

2017

$1,972

—

$10,239

6%

2017

$1,972

8%

$9,672

6%

2016

$1,826

2%

$9,134

—

2015

$1,785

3%

$9,129

1%

2015

$1,730

18%

$9,031

6%

2013

$1,467

—

$8,533

—

View All

Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost

Estimate the Cost for 988 Madison St

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Listing Courtesy of Serhant, Amit Golriz and Serhant, Alexandra Newman

988 Madison Street, Brooklyn, NY 11221 (MLS# 949765) is a Multi-Family property with 3 units containing 6 bedrooms and 3 full bathrooms. 988 Madison Street is currently listed for $1,099,000 and was received on January 08, 2026. Want to learn more about 988 Madison Street? Do you have questions about finding other Multi-Family real estate for sale in Brooklyn? You can browse all Brooklyn real estate or contact a Coldwell Banker agent to request more information.

988 Madison St Brooklyn, NY 11221