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Introducing the Penthouse at 118 Madison Street, perfectly positioned on the border of Bedford-Stuyvesant and Clinton Hill - a rare opportunity to own a true indoor-outdoor sanctuary in the heart of Brooklyn.
Perched on the fourth floor, this expansive residence spans over 1, 500 square feet and includes exclusive rights to a sprawling 800+ square foot private rooftop. The main level welcomes you with a massive, wide living room framed by oversized picture windows that beautifully capture the striking architecture of the historic church just across the street. Natural light floods the space, highlighting the home's generous proportions and airy feel.
This level also features two spacious bedrooms, a beautifully designed full bathroom, in-unit laundry, and a chef's kitchen complete with premium appliances, custom cabinetry, and thoughtful finishes ideal for both daily living and entertaining.
A direct interior staircase leads to a private third primary suite, offering a full bathroom, ample closet space, and its own secluded terrace - the perfect retreat within the home. Just beyond, a private door opens to your exclusive rooftop oasis with sweeping views of Brooklyn and the Manhattan skyline. Whether hosting under the stars or enjoying a quiet morning coffee, this outdoor space is truly unmatched.
Rounding out this exceptional offering are remarkably low common charges and taxes - a rare advantage compared to many other condominiums in the neighborhood.
The Penthouse at 118 Madison Street delivers scale, light, privacy, and breathtaking outdoor space - all in one of Brooklyn's most vibrant and architecturally rich enclaves.
All information is intended only for the Registrant’s personal, non-commercial use. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. RLS Data display by William Raveis Real Estate, Inc.
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Our Executive Mortgage Banker:
$2,195,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $1,756,000 | $1,756,000 | $1,756,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.250% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.165% | 6.361% | 6.183% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $9,970 | $10,812 | $14,818 |
| Total Monthly Payment | $10,095 | $10,937 | $14,943 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.