Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $899,000

· Closed September 20, 2018

577 MADISON Street #1B
Closed For Sale Condo

$899,000

577 MADISON Street #1B

Bedford-Stuyvesant, Brooklyn

MLS® #RLS10438379

RLS at REBNY

Listing by The In House Group

1

Bedroom

2

Baths

N/A

Sq. Ft.

N/A

Year Built

Quick Summary

Bedrooms 1
Bathrooms 2
Year Built N/A
Ownership Condo
HOA/Common Charges $427.53/mo
Property Taxes $585.36/yr
Neighborhood Bedford-Stuyvesant

Property Highlights

  • Exposure: South,West facing
  • New Construction: Brand new building

Property Details

Type Condo
Ownership Condominium
Total Rooms 6
Baths null Full
Exposure South,West
Pets Yes

Listing History

Event Date Price Change
Listed Apr 27, 2018 $899,000 -
Currently Apr 23, 2026 $899,000 -

Description

Located on a beautiful tree-lined street lined with gorgeous BROWNSTONES is 577 Madison Street. A collection of 6 TOWNHOUSE-STYLE condos. Madison Street is lined with gorgeous original brownstones. With this in mind, the developer created a modern take on brownstone living. #1B is the garden duplex. Very versatile lay out. Currently configured as a spacious one bedroom with a REC ROOM and HOME OFFICE on the lower level with a gorgeous private back yard. The KITCHEN has a country style design with cast iron farmhouse sink. Plenty of cabinet storage with stainless steel appliance package. If you are looking for a home that has enough room for a large dining table to entertain and have friends and family over for a proper dinner party, this is the apartment for you. Off of the dining area is the 678sf two tier private back yard. This outdoor space is designed for entertaining and relaxing with a gorgeous tree that offers plenty of privacy. There is a large outdoor kitchen with a grill. This space is phenomenal. The bedroom also faces your outdoor space and has a beautiful custom built closet. The bathroom was designed with vintage in mind with a victorian pull chain style toilette and a beautiful cast iron claw foot tub for those relaxing baths after a hard days work. On the lower level there is a comfortable REC ROOM and a space to work from home. There is a washer and dryer and also a half bath. Off of the REC ROOM is a well designed light well that can be made into a relaxing patio. Don't miss out on this incredible opportunity to invest into Historic Bedford Stuyvesant. New restaurants and cafes and shoppes are opening making Bed-Stuy the new hot spot for foodies. It is an easy walk to the A/C trains either walking up the gorgeous Stuyvesant avenue lined with beautiful brownstones or walking up Lewis passing a bunch of new cafes and restaurants. Saraghina bakery is a a great morning coffee stop. Take a look at the VIDEO for a detailed look into Bedford Stuyvesant and the homes at 577 Madison. Book an appointment today! Please note : New 421-A tax abatement pending approval. Details are within the offering plan.

Features & Amenities

Interior Features

Common Area

Appliances

Dryer Washer

Building Information

Total Units 6

Financial Details

Common Charges $427.53/mo
RE Taxes $585.36/yr ($49/mo)
Sale Price $899,000

Bedford/Stuyvesant, in Brooklyn, features a mix of traditional brownstone row houses and mid-rise apartment buildings. Local amenities include proximity to major parks and robust access via subway lines, such as the L and J/Z trains. The area retains much of its historic architecture alongside newer residential developments.

Bedford-Stuyvesant Live Market Data

View Neighborhood

Active Listings

89

Median Asking Price

$1.25M

Median $/Sqft

$874

Avg Days on Market

N/A

New This Week

4

Price Reduced

18%

Sold (30 Days)

14

Median Sale Price

$1.90M

Live data from RLS at REBNY • Updated 4/23/26, 4:13 AM EST

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Location

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577 MADISON Street #1B, Bedford-Stuyvesant, Kings County

Building Information

Official NYC property records for this building

1901
Year Built
125 years old
4
Floors
6
Residential Units
R6B
Zoning District
Condominiums

Tax & Assessment

Assessed Value: $485,999
Land Value: $7,200
Exemptions: $0

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 2,000 SF
Building Area: 4,710 SF
Built FAR: 2.36
Allowed FAR: 2

Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)

Want help estimating ownership costs or understanding building compliance? Let's discuss

Frequently Asked Questions

Common questions about this property

The current listed common charges are $427.53 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $585.36, or roughly $49 per month. Verify the current assessment with your attorney before closing.

This property has 1 bedroom and 2 full bathrooms.

This listing is a condominium. Buyers receive a deed to their individual unit and own their space outright, subject to condo association rules.

Pets are permitted at this property. Contact the listing broker for weight limits or breed restrictions.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or mcoste@kwnyc.com. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS10438379
First Listed: 4/27/2018
Closed: 9/20/2018
Contract Date: 4/27/2018

Listing Courtesy of The In House Group - Robert Earl

Listing Contact: (917) 239-4425

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 4/23/2026 at 8:13 AM UTC

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