The Adler

The Adler is a condo located 541 Madison Street, in Bedford-Stuyvesant, Brooklyn. The building was first built in 1901 and is 123 years old. It was first renovated and altered in 2004. But was most recently renovated and altered in 2017. The lot that the building was built on is 20 feet wide and 80 feet long. The official lot area is listed as 1,560 square feet. The building itself is 20 feet wide and 42 feet long. In total, 541 Madison Street has a total floor area of 3,276 square feet. There are a total of 4 units. Of those, 4 are residential units. There are no commercial units in this building. 541 Madison Street has a total of 3 floors.

Interested in learning more about the building? There are many great amenities and features for residents in the building. Better yet, washer and dryers are allowed in each unit. Both dogs and cats are allowed in the building! There are 18 closings on record, of which we have matching data for 5 listings. In the past 3 years, a listing in this building will typically remain on the market for about 256 days Meaning, listings tend to sell at a median of $1,024 price per square foot. The transaction that took the longest to complete was unit 2, listed on Feb 01, 2019 for $825,000. This particular unit ultimately sold 361 days later for $799,000. The most recent transaction was for unit 4, which was first advertised on Mar 03, 2022, sold for $949,000 on Jun 21, 2022. Fun fact, the oldest transaction we have on record took place on Dec 05, 1969. See the full transaction history for The Adler below.

Bedford-Stuyvesant, where 541 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 $935,000. For interested buyers, that means the building's median asking price is around 0.15% below the neighborhood's median asking price for condos. Which is great news as a buyer may end up finding some relatively affordable units 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.