Originally built in 1910, 198 Madison is a newly renovated gem that seamlessly blends high-end finishes, modern technology, and meticulous attention to detail—a respectful homage to its historic roots. This elegant four-story, two-family brownstone offers six bedrooms, four full bathrooms, two powder rooms, a spacious parlor deck, and a generous backyard garden. From the wide plank herringbone oak floors to the thoughtful layout, the home showcases thoughtful craftsmanship throughout. Upon entering the owner’s five-bedroom, four-full-bath, two-half-bath triplex, you are welcomed by a striking foyer with an oversized, half-glass original entry door. The parlor floor unfolds with grandeur, 10-foot ceilings flood the space with natural light. The open living and dining area features custom built-ins and intricate molding, while the kitchen impresses with an island, custom cabinetry, quartz countertops, a farmhouse sink, and a full suite of Thermador appliances, including a microwave drawer. Beyond the kitchen, a set of full-glass double doors leads out to the deck, offering serene views of the backyard garden. The upper levels house five bedrooms and four full baths. The primary suite overlooks the tranquil garden and boasts three windows, a cozy reading nook, and a spacious walk-through closet. The en-suite primary bath is a luxurious retreat with marble tile floors, a double vanity, a glass-enclosed rain shower, and a deep soaking tub. A second bedroom nearby can function as a home office or nursery, while the third floor accommodates three additional bedrooms, each bathed in natural light from overhead skylights, along with two more bathrooms. Accessible by an interior staircase, the finished basement features tile flooring and a half bath, ideal for a playroom, media den, or artist studio. The separate garden-level one-bedroom unit offers flexible living options, whether as an income-generating property or an in-law suite. Situated on a picturesque, tree-lined street at the border of Bedford-Stuyvesant and Clinton Hill, this thoughtfully reimagined townhouse is just moments from beloved dining spots like Pilar, StoneFruit, Hart’s, Golda, and Do or Dive. Outdoor enthusiasts will enjoy nearby Von King Park, complete with a playground and basketball court. Commuting is convenient, with access to the A/C and G trains, the Halsey B26 bus, and JFK Airport just a short 20-minute drive away.
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Our Executive Mortgage Banker:
Our Insurance Division:
$3,350,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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 | $2,680,000 | $2,680,000 | $2,680,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.375% | 6.250% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.850% | 6.360% | 5.930% |
Monthly Tax Payment | $305 | $305 | $305 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $15,007 | $16,501 | $22,255 |
Total Monthly Payment | $15,437 | $16,931 | $22,685 |
* 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.