--- title: "131 MADISON Street #A, New York City, NY 11216" description: "131 MADISON Street #A, New York City, NY 11216 — Single Family Brownstone in Bedford-Stuyvesant, Brooklyn, NY. Listing Price $349,000. Studio bed, 1 bath Illustrative Buyer Commission Share of $5,235 at closing, based on a 3% buyer-broker commission." url: "https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11216/131-madison-street-a-ny-11216" source: "Real Estate Rebate Team" dateModified: "2026-08-24T19:54:12.786Z" status: "Active" --- # 131 MADISON Street #A, New York City, NY 11216 Single Family Brownstone in Bedford-Stuyvesant, Brooklyn, NY **New Development** Courtesy of Douglas Elliman Real Estate Last updated: August 24, 2026, 3:54 PM ## At a Glance - **Listing Price**: $349,000 - **Beds**: Studio - **Baths**: 1 - **Common Charges**: $362 / mo - **Brokerage Fee**: Share Eligible ## The Private Brokerage Advantage As an independent luxury buyer representative, Régis shares 50% of the buyer-side commission he actually receives on your purchase. Eligible buyers receive that Buyer Commission Share directly at closing to offset closing costs, down payments, or renovations. The figures below are illustrative, based on a **3% buyer-broker commission**; your share follows the commission offered on the transaction. - **Contract Purchase Price**: $349,000 - **Illustrative Buyer Commission Share**: -$5,235* - **Illustrative Net Cost**: $343,765 *Illustrative Buyer Savings of $5,235 — 50% of a 3% buyer-broker commission, shared at closing.* [Request a private tour](https://realestaterebatesnewyork.com/contact) · [Estimate your Buyer Commission Share](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator) ## Photos (6) ![131 MADISON Street #A, New York City, NY 11216 — photo 1 of 6](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/dda88948-1360-481d-a0c2-fd26a6b6dc3d.jpg) ![131 MADISON Street #A, New York City, NY 11216 — photo 2 of 6](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/3cdcd190-0976-47db-aeaa-c0c9f6c7204a.jpg) ![131 MADISON Street #A, New York City, NY 11216 — photo 3 of 6](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/15fecc2c-8d9a-4d77-805d-ea4b19b86d9e.jpg) ![131 MADISON Street #A, New York City, NY 11216 — photo 4 of 6](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/f6179251-5e6d-4ed3-89ee-14769660a62c.jpg) ![131 MADISON Street #A, New York City, NY 11216 — photo 5 of 6](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/478b4517-98ad-4fa1-9fe0-5e0d497129ba.jpg) ![131 MADISON Street #A, New York City, NY 11216 — photo 6 of 6](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/99a7648f-9e8e-46f0-a02b-a2eed2f357c3.jpg) ## Property Overview Welcome to 131 Madison Street, a newly developed 8-residence boutique condominium in the heart of Bedford-Stuyvesant, offering a refined collection of studio to two-bedroom homes with one to two-and-a-half baths and thoughtfully designed layouts throughout. Inside, each residence blends clean modern design with elevated finishes and everyday functionality. Homes feature split-system air conditioning, washer/dryer hookups, custom-paneled appliances, Bertazzoni stoves and refrigerators, and beautifully finished kitchens designed for both style and ease. Select residences also offer private outdoor space, creating an added extension of the home for relaxing, dining, or entertaining. Residence A is a sun-flooded studio with southern exposure, an efficient layout, and gracious cabinet space that maximizes both style and functionality. The building offers a video intercom system, a bike room in the basement, and a communal rooftop for residents to enjoy, all within the comfort of new construction and an intimate boutique setting. With only eight residences, 131 Madison Street delivers a private, design-forward living experience while placing residents within one of Brooklyn's most beloved and dynamic neighborhoods. Set on a tree-lined Bed-Stuy block, the building is surrounded by the neighborhood's signature brownstone charm, local cafés, restaurants, shops, and community-focused energy. Nearby subway access includes the A/C/S trains at Franklin Avenue, the G train at Bedford-Nostrand, and additional A/C service at Nostrand Avenue, offering convenient connectivity throughout Brooklyn and into Manhattan. ## Property Details - **Property Type**: Apartment - **Baths**: 1 - **Rooms**: 2 - **Stories**: 4 - **Year Built**: 1899 - **Common Charges**: $362 / Monthly - **Listed On**: Aug 3, 2026 - **Days on Market**: 42 Days ### Residence Features - Building Other - Washer Hookup - Washer Dryer Allowed ## Buying in a new development? Before you visit the sales gallery, understand the broker registration rule. In many buildings the sponsor will only compensate a buyer’s broker who accompanied you on your first visit or registered you in writing beforehand. The sales team you meet at the door works for the developer, and once you have toured on your own that introduction is very hard to undo. [Why You Need Your Own Broker Before Your First Visit](https://realestaterebatesnewyork.com/guides/new-development-buyer-broker-nyc) ## Property Tax History Taxes at 131 MADISON Street #A were $17,518 in 2026. | Year | Tax Assessment | Land | Additions | Billable Value | Property Tax | Tax Rate | | --- | --- | --- | --- | --- | --- | --- | | 2026 (FY 2026/27) | $553,950 | $54,000 | $499,950 | $140,144 | $17,518 | 12.5% (estimated) | | 2025 (FY 2025/26) | $489,150 | $54,000 | $435,150 | $140,144 | $17,518 | 12.5% (estimated) | | 2024 (FY 2024/25) | $459,000 | $54,000 | $405,000 | $140,144 | $17,518 | 12.5% | | 2023 (FY 2023/24) | $216,450 | $54,000 | $162,450 | $55,200 | $6,901 | 12.502% | | 2022 (FY 2022/23) | $490,950 | $120,600 | $370,350 | $18,611 | $2,283 | 12.267% | | 2021 (FY 2021/22) | $72,660 | $16,080 | $56,580 | $17,232 | $3,440 | 19.963% | | 2020 (FY 2020/21) | $83,580 | $16,080 | $67,500 | $17,225 | $3,625 | 21.045% | | 2019 (FY 2019/20) | $76,320 | $16,080 | $60,240 | $17,047 | $3,312 | 21.167% | | 2018 (FY 2018/19) | $16,092 | — | — | $16,092 | $3,366 | 20.919% | | 2017 (FY 2017/18) | $15,194 | — | — | $15,194 | $3,097 | 20.385% | | 2016 (FY 2016/17) | $14,360 | — | — | $14,360 | $2,871 | 19.991% | | 2015 (FY 2015/16) | $14,354 | — | — | $14,354 | $2,807 | 19.554% | | 2014 (FY 2014/15) | $14,206 | — | — | $14,206 | $2,721 | 19.157% | | 2013 (FY 2013/14) | $13,410 | — | — | $13,410 | $2,574 | 19.191% | | 2012 (FY 2012/13) | $12,662 | — | — | $12,662 | $2,351 | 18.569% | | 2011 (FY 2011/12) | $11,967 | — | — | $11,967 | $2,179 | 18.205% | | 2010 (FY 2010/11) | $11,962 | — | — | $11,962 | $2,077 | 17.364% | The City has not published the official FY2026/27 and FY2025/26 tax rates yet. We calculated the tax for those years using the prior year’s rate, so treat them as an estimate rather than a figure the City has adopted. Every rate without the Estimated marker is the published one. Tax Assessment is the assessed value on the City’s roll, and it is the figure other listing sites publish. It is not what the bill is calculated on. New York phases assessment changes in gradually for some tax classes, so the City bills the Billable Value shown beside it, less any exemption the owner holds. It usually trails the assessment, and it can sit above it for a few years after an assessment falls. Figures are the New York City Department of Finance assessment roll for tax lot 3018170100. Assessed and billable values are determined by the City for tax purposes and are not an appraisal or an estimate of market value. Tax classes and rates are set annually and can change. [How we source and calculate NYC property tax data](https://realestaterebatesnewyork.com/nyc-property-tax-data-methodology) ## About The Building ### 131 MADISON Street 131 MADISON Street, Brooklyn, NY 11216 A building in the neighborhood, currently featuring 3 active listings. - **Year Built**: 1899 - **Total Units**: 3 - **Floors**: 4 [View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/brooklyn/131-madison-street) ### Available Residences — For Sale (3) | Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | [A](https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11216/131-madison-street-a-ny-11216) | Studio | 1 | — | — | $349,000 | Douglas Elliman Real Estate | Aug 3, 2026 | 42 days | | [PH](https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11216/131-madison-street-ph-ny-11216) | 2 | 3 | — | — | $1,199,000 | Douglas Elliman Real Estate | Jun 24, 2026 | 82 days | | [2A](https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11216/131-madison-street-2a-ny-11216) | 1 | 1 | — | — | $599,000 | Douglas Elliman Real Estate | Aug 3, 2026 | 42 days | ## Estimated Monthly Payment **$2,127 / month**, assuming a 20% down payment ($69,800), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three. - **Principal & Interest**: $1,765 - **Common Charges**: $362 Estimates only. Actual payments may vary. Confirm terms with your lender. ## This is a new development purchase Buying from a sponsor carries closing costs a resale does not. The New York City and New York State transfer taxes are the seller’s in a resale and are passed to the purchaser in most offering plans, and the sponsor’s attorney fee and any working capital contribution sit on top of that. Together they commonly add 2% or more of the purchase price. - [Estimate these costs](https://realestaterebatesnewyork.com/calculators/new-development-closing-cost-calculator) - [What sponsor buyers pay](https://realestaterebatesnewyork.com/new-development-closing-costs-nyc) - [More new developments](https://realestaterebatesnewyork.com/new-developments) ## Bedford-Stuyvesant Explore more real estate and insights about Bedford-Stuyvesant. [Explore Bedford-Stuyvesant](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/bedford-stuyvesant) · [All Neighborhoods](https://realestaterebatesnewyork.com/neighborhoods) ## Related Links - [131 MADISON Street — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/brooklyn/131-madison-street) - [Bedford-Stuyvesant neighborhood guide](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/bedford-stuyvesant) - [Estimate your Buyer Commission Share and closing costs](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator) - [Contact Régis Roumila](https://realestaterebatesnewyork.com/contact) --- > RLS IDX Data display by Real Estate Rebate Team. This 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. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. > All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and the number of bedrooms listed is for informational purposes and is not a legal conclusion. Please consult with your own architect or engineer for exact dimensions and legal specifications.