Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $975,000

· Closed May 22, 2019

577 MADISON Street #2R
Closed For Sale Condo

$975,000

$944 per sq ft

577 MADISON Street #2R

Bedford-Stuyvesant, Brooklyn

MLS® #RLS10524867

RLS at REBNY

Listing by The In House Group

3

Bedrooms

2

Baths

1,033

Sq. Ft.

N/A

Year Built

Quick Summary

Bedrooms 3
Bathrooms 2
Living Area 1,033 sq ft
Year Built N/A
Ownership Condo
HOA/Common Charges $350/mo
Property Taxes $480/yr
Neighborhood Bedford-Stuyvesant

Property Highlights

  • Exposure: East,North facing
  • New Construction: Brand new building

Property Details

Type Condo
Ownership Condominium
Total Rooms 5
Baths 2 Full
Exposure East,North
Pets Yes
Living Area 1,033 sq ft

Listing History

Event Date Price Change
Listed Oct 4, 2018 $975,000 -
Currently Apr 23, 2026 $975,000 -

Description

577 MADISON STREET. A TRUE feeling of HOME TOWNHOUSE STYLE DESIGN. 577 Madison is a collection of townhouse-style condos on a beautiful tree-lined street in historic Bedford Stuyvesant. Madison Street is lined with gorgeous original brownstones. With this in mind, the developer created a modern take on brownstone living. For a closer look and walk through videos: 577Madison.com APT 2B is a 3BR/2BA duplex. The Home is currently configured and the PERFECT two bedroom, although it is a legal Three Bedroom. So it is a great situation to GROW INTO YOUR HOME, instead of out of your home. Come check it out! Spacious and inviting with a true feeling of HOME. As you enter the home, the beautiful natural light beams through the wall of windows casting gorgeous sunlight in the open kitchen/dining/ living room design of the lower level. The exposed brick throughout has been painted white for modern style. The KITCHEN has a country home feel with CAST IRON FARM SINK and white shaker style cabinets. The stainless appliances are LG, Bosch, and Frigidaire. The BATHROOMS are spa-like with vintage CAST IRON CLAW FOOT SOAKING TUB and Victorian style pull chain toilettes. The BEDROOMS: Two bedrooms upstairs are masters with spacious custom built closets. The apartment has a beautiful balcony off of the master bedroom. AND the home also has deeded ROOFTOP Cabana. All of the apartments in 577 Madison feature a smart home NEST for heating and A/C. And also an I-Robot for cleaning and WEMO smart switch AND an ALEXA. Living at 577 Madison is easy with A and C trains located a few blocks away. On the way to the train on Lewis Avenue stop by Saraghina for your morning coffee. Bedford-Stuyvesant is a tight-knit neighborhood with culture and style. The neighborhood is a foodie destination with new restaurants, cafes and boutique shoppes opening like Eugene & Co. , Bar Lunatico, Peaches and lots more. * a 421-a tax abatement is pending approval* projected abated taxes advertised. Come feel at HOME in 577 Madison Street. For a private showing email us: inquire @ theinhousegroup

Features & Amenities

Interior Features

Common Area

Appliances

Dryer Washer

Building Information

Total Units 6

Financial Details

Common Charges $350/mo
RE Taxes $480/yr ($40/mo)
Sale Price $975,000

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, 2:28 AM EST

Similar Listings in Bedford-Stuyvesant

View All

Location

Loading map...

577 MADISON Street #2R, Bedford-Stuyvesant, Kings County

Floor Plans

Floor Plan

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 $350 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $480, or roughly $40 per month. Verify the current assessment with your attorney before closing.

This property has 3 bedrooms and 2 full bathrooms.

The listed interior living area is 1,033 square feet. Verify dimensions independently during due diligence.

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.

At the current list price of $975,000 for 1,033 sq ft, the asking price per square foot is approximately $944. This figure is for reference only and may differ from appraised or assessed values.

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: RLS10524867
First Listed: 10/4/2018
Closed: 5/22/2019
Contract Date: 10/4/2018

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 6:28 AM UTC

Buying a Condo? Start Here

Co-op vs. Condo: Which Is Right for You?

Ownership structure, board approval, financing: the full comparison.

Read article

Condo Due Diligence Checklist

What to review before signing: financials, reserve fund, offering plan.

Read article

How to Read a Condo Offering Plan

Decode the offering plan before you commit to any new development.

Read article

NYC Real Estate Market Report 2026

Data-driven analysis of prices, inventory, and trends across NYC.

Read article

Interested in this property?

Get a response within 2 hours

Your info is secure and never shared.

View Active Listings Call Milton