Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
1259 Madison Street
Interested in this property?
Active For Sale Multi Family

$2,250,000

$672 per sq ft

1259 Madison Street

Bushwick, Brooklyn

MLS® #RLS20095438

RLS at REBNY

Listing by Compass

5

Bedrooms

4.5

Baths

3,350

Sq. Ft.

1920

Year Built

Quick Summary

Bedrooms 5
Bathrooms 5 full, 2 half
Living Area 3,350 sq ft
Lot Size 1,950 sq ft
Year Built 1920
Ownership None
Property Taxes $2,172/yr
Neighborhood Bushwick
Floor 1 of 3

Property Highlights

  • Outdoor Space: Deck
  • Style: WalkUp architecture
  • Climate Control: Central Air, Other

Property Details

Type Multi Family
Ownership None
Total Rooms 12
Baths 4 Full, 2 Half
Floor 1 of 3
Cooling Central Air, Other
Pets Yes
Year Built 1920
Living Area 3,350 sq ft
Architectural Style WalkUp
Structure Type MultiFamily,Townhouse
Flooring Hardwood
Furnished Unfurnished
Basement Full
Lot Size 1,950 sq ft
Parcel # 03361-0043
Block/Lot 03361/0043

Listing History

Event Date Price Change
Listed May 26, 2026 $2,250,000 -
Currently Jun 3, 2026 $2,250,000 -

Description

Nestled on one of Bushwick’s most welcoming residential blocks, 1259 Madison Street is a beautifully maintained two-family residence that offers the rare combination of refined owner living and strong income potential. This exceptional property offers five bedrooms, four full bathrooms, and two half bathrooms across two distinct units — an expansive upper duplex with a finished basement and a self-contained garden-level rental. Upon entering the owner’s duplex, you are welcomed by a sun-drenched open-concept living and dining area that flows naturally into your kitchen outfitted with a six-burner Bosch gas range, Bosch double-door refrigerator, Bosch dishwasher, Sharp microwave, and a dedicated wine fridge. Three generous bedrooms, two full bathrooms, and two thoughtfully placed half baths complete the upper floors. The finished basement below offers expansive, flexible space — ideal for a home gym, media room, or a creative retreat tailored to your lifestyle. The garden-level unit is a two-bedroom, two-bathroom apartment with its own private entrance and a complete appliance package ready for immediate occupancy and rental income from day one. Positioned on Madison Street with Bushwick Playground at the end of the block, the outdoor life here is effortless. Irving Square Park and Heckscher Playground are both close by, offering verdant retreats for morning runs, afternoon strolls, or leisurely weekends. When it’s time to eat, the neighborhood more than delivers — grab a perfectly made espresso and a morning pastry at L’Imprimerie Bakery, settle in for drinks at the beloved Father Knows Best, or wind down over a relaxed dinner at the perennial neighborhood favorite, Money Cat. The L train is nearby, placing the rest of the city comfortably within reach. 1259 Madison Street is a home that is ready to be lived in, loved, and appreciated for years to come.

Features & Amenities

Interior Features

Double Vanity Entrance Foyer High Ceilings His And Hers Closets Kitchen Island Pantry Recessed Lighting Soaking Tub Walk In Closets In Unit See Remarks Flooring: Hardwood Skylights

Exterior Features

Private Outdoor Space Over60 Sqft Private Yard Deck

Appliances

Dryer Dishwasher Range Refrigerator Range Hood Stainless Steel Appliances Washer

Building Information

Building Data View Compliance & Permits
Total Units 2
Stories 3
Structure MultiFamily,Townhouse
Style WalkUp

Financial Details

RE Taxes $2,172/yr ($181/mo)

Bushwick has emerged as Brooklyn's premier creative frontier, known for its world-class street art, eclectic nightlife, and industrial-chic vibe. The neighborhood offers a wide range of housing options, from converted warehouse lofts that appeal to artists and professionals to traditional multi-family townhouses. Recent years have seen a surge in boutique new construction condominiums, making it a top destination for those seeking a dynamic and evolving urban environment.

Bushwick Live Market Data

View Neighborhood

Active Listings

129

Median Asking Price

$975K

Median $/Sqft

$924

Avg Days on Market

N/A

New This Week

11

Price Reduced

22%

Sold (30 Days)

10

Median Sale Price

$1.27M

Live data from RLS at REBNY • Updated 6/3/26, 5:08 PM EST

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Location

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1259 Madison Street, Bushwick, Kings County

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1920
Year Built
106 years old
3
Floors
2
Residential Units
R6
Zoning District
Two Family Dwellings

Tax & Assessment

Assessed Value: $88,860
Land Value: $11,460
Exemptions: $0

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

Lot Area: 1,950 SF
Building Area: 2,643 SF
Built FAR: 1.36
Allowed FAR: 2.43

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 $0 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $2,172, or roughly $181 per month. Verify the current assessment with your attorney before closing.

This property has 5 bedrooms and 4 full bathrooms and 2 half bathrooms.

The listed interior living area is 3,350 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1920, making it approximately 106 years old.

This listing is None

Pet policy requires confirmation with the listing broker.

At the current list price of $2,250,000 for 3,350 sq ft, the asking price per square foot is approximately $672. 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: RLS20095438
First Listed: 6/3/2026
On Market: 5/26/2026
Price Changed: 6/3/2026
Contract Date: 5/11/2026

Listing Courtesy of Compass - Tali Berzak

Listing Contact: (917) 246-8581

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 6/3/2026 at 9:08 PM UTC

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