518 Madison Street

518 Madison Street is a condo located in Bedford-Stuyvesant, Brooklyn. The building was first built in 1901 and is 123 years old. It was first renovated and altered in 2013. The lot that the building was built on is 20 feet wide and 100 feet long. The official lot area is listed as 2,000 square feet. The building itself is 20 feet wide and 50 feet long. In total, 518 Madison Street has a total floor area of 4,435 square feet. Of that, 4,435 square feet are used for residential purposes. There are a total of 2 units. Of those, 2 are residential units. There are no commercial units in this building. 518 Madison Street has a total of 4 floors.

Interested in learning more about the building? There are many great amenities and features for residents in the building. There are 5 closings on record, of which we have matching data for 1 listings. In the past 3 years, a listing in this building will typically remain on the market for about 286 days Meaning, listings tend to sell at a median of $491 price per square foot. The transaction that took the longest to complete was unit 1, listed on Jun 10, 2015 for $1,289,820. This particular unit ultimately sold 286 days later for $1,313,360. The most recent transaction was for unit 1, which was first advertised on Jun 10, 2015, sold for $1,313,360 on Mar 22, 2016. Fun fact, the oldest transaction we have on record took place on Oct 16, 1968. See the full transaction history for 518 Madison Street below.

Bedford-Stuyvesant, where 518 Madison Street is located, has a median asking price of $1,100,000 for condo buildings. Meanwhile, the building itself has a median asking price of $1,289,820. For interested buyers, that means the building's median asking price is around 1.69% above the neighborhood's median asking price for condos. A buyer may therefore end up paying more for a unit in this building compared to other condo buildings in the neighborhood.

Unfortunately, there are currently no active listings within the building but our inventory of available units for sale is constantly updating in real time. Check back frequently for updates.