Brooklyn (Bedford-Stuyvesant), NY, 11216 | $1,199,000

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.

The Penthouse is a north-facing duplex two-bedroom, two-and-a-half-bath residence with private outdoor space and beautiful open views.

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.

Features

  • Town: Brooklyn
  • Rooms: 6
  • Bedrooms: 2
  • Baths: 2 full / 1 half
  • Units: 2
  • Laundry: Building None,Washer Hookup
  • Style: Walk-Up
  • Year Built: 1899
  • Basement: Other
  • HOA Fee: $763 Monthly
  • View: City
  • Pet Policy: Building No,No
  • MLS#: RLS20099669
  • Days on Market: 4 days
  • Website: https://www.raveis.com
    /prop/RLS20099669/131madisonstreet_brooklyn_ny?source=qrflyer
Copyright © 2026  The Real Estate Board of New York, Inc., All rights reserved
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.
Listing courtesy of Douglas Elliman Real Estate   Phone: (212) 891-7000

William Raveis Family of Services

Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.

Customer Service

888.699.8876

Contact@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

  • Market your home to realize a quick sale at the best possible price
  • Place up to 20+ photos of your home on our website, raveis.com
  • Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
  • Showcase your home on raveis.com with a larger and more prominent format
  • Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology

To learn more about our credentials, visit raveis.com today.

Frank KolbSenior Vice President - Coaching & Strategic, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 81725

203.980.8025

Frank.Kolb@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Brooklyn (Bedford-Stuyvesant), NY, 11216

$1,199,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Frank Kolb

Senior Vice President - Coaching & Strategic

William Raveis Mortgage, LLC

Phone: 203.980.8025

Frank.Kolb@raveis.com

NMLS Mortgage Loan Originator ID 81725

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $959,200 $959,200 $959,200
Term 360 months 360 months 180 months
Initial Interest Rate** 5.500% 6.000% 6.000%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.165% 6.086% 6.183%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $5,446 $5,751 $8,094
Total Monthly Payment $5,571 $5,876 $8,219

* 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.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.