174 Madison Street, #3B, Brooklyn (Bedford Stuyvesant), NY, 11216 | $1,775,000

THREE FLOORS, THREE BEDROOMS, THREE OUTDOOR SPACES!!!!!! Triple mint triplex with three bedrooms and three outdoor spaces. Oh! And three and a half bathrooms. THREE AND A HALF BATHROOMS!!!! Three is the magic number.

Unit #3B at174 Madison Street is a stunning 3-bedroom, 3. 5-bathroom triplex with three private outdoor spaces, located in the heart of Bedford-Stuyvesant, Brooklyn. This meticulously designed home, spanning just under 1, 399 square feet, offers a blend of modern luxury and functional living spaces, perfect for those seeking comfort and style.

As you step inside, you'll be greeted by 7-inch oak plank flooring that runs throughout the entire unit, creating a warm and inviting atmosphere, highlighted by a wall of South facing windows, flooding the living room with light. A large coat closet and powder room are also located on this level. A sliding glass door leads to the South facing balcony from the living room.

The open-concept kitchen is a chef's dream, featuring top-of-the-line Bosch appliances, including a 5-burner gas cooktop range, oven, and built-in drawer microwave. The Danby marble countertops extend to a custom-designed island, which seamlessly flows into a dining area, perfect for entertaining or casual meals. The kitchen is completed with a Fisher & Paykel 36" refrigerator and dishwasher, ensuring every culinary need is met. Multiple cabinets and drawers, tons of prep space, and a huge South facing window, plus a home office nook.

Float up the scissor stairs (which are lit by soft stair lights) against a VERY stylish backdrop of floor to ceiling hardwood balusters. On this level you'll find two bedrooms and two full bathrooms, a laundry room, and a large balcony. But don't stop there- continue up to the penthouse floor which is a true oasis. This room has a closet and an en suite bathroom, but that's WoW factor here is the 23ft wide private terrace with unfettered skyline views of Brooklyn and Manhattan. DOES LIFE GET ANY BETTER THAN THIS??!!

Adding to the appeal of this exquisite home are built-in Bluetooth speakers throughout, ensuring that your favorite music is always within reach. Every detail has been carefully considered to offer an unparalleled living experience in one of Brooklyn's most vibrant neighborhoods.

Beyond the luxurious interiors, the Belle Grove Condominium is ideally situated within a short distance of some of Bedford-Stuyvesant's most beloved local hot spots. Explore neighborhood favorites like Art Shack, Lucy's Vietnamese, Playground Coffee, and Dynaco cocktail bar. With a vibrant community and an array of dining, shopping, and cultural destinations just steps away, living at Belle Grove means experiencing the best of Brooklyn right at your doorstep.

THE COMPLETE OFFERING TERMS ARE IN AN OFFERING PLAN AVAILABLE FROM THE SPONSOR MADISON CONDOMINIUMS LLC AT 38-35 CRESCENT STREET STA 2A, LONG ISLAND CITY, NY 11101. FILE NO. CD24-0055

Features

  • Town: Brooklyn
  • Cooling: Central
  • Levels: 4
  • Rooms: 9
  • Bedrooms: 3
  • Baths: 3 full / 1 half
  • Laundry: None
  • Complex: Belle Grove Condominium
  • Year Built: 2024
  • Pet Policy: Pets Allowed
  • Washer/Dryer Allowed: Yes
  • Washer / Dryer: Yes
  • Balcony: Yes
  • Terrace : Yes
  • Building Access : Walk-up
  • Service Level: Virtual Doorman
  • OLR#: RPLU33423245577
  • Days on Market: 3 days
  • Website: https://www.raveis.com
    /prop/RPLU33423245577/174madisonstreet_brooklyn_ny?source=qrflyer
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 Corcoran Group

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Sarah AlvarezVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.Alvarez@Raveis.com

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174 Madison Street, #3B, Brooklyn (Bedford Stuyvesant), NY, 11216

$1,775,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Sarah Alvarez

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 347.223.0992

Sarah.Alvarez@Raveis.com

NMLS Mortgage Loan Originator ID 1880936

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,420,000 $1,420,000 $1,420,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.750% 6.625% 6.125%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.004% 6.738% 6.307%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $8,287 $9,092 $12,079
Total Monthly Payment $8,412 $9,217 $12,204

* 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.