131 Madison Street Condominium
131 Madison Street, Brooklyn, NY 11216
Overview
- Units
- 8 residential
- Subway
- 6 min walk to Nostrand Av A CFranklin Av C S, 7 min
- Average $/sf
- $1,097Homes in Schedule A, as first offered
- Common charges
- $334–$763 a monthSponsor's first-year estimate in Schedule A, January 1, 2026 - December 31, 2026
- Offering price
- $5.41 million total
- Floor plans
- Page 37 of the plan
The sponsor of record is Bsd Madison 1 LLC, represented by Law Offices Of Hershy Itzkowitz, P.C.. The offering plan runs 339 pages. The sponsor has filed 1 amendment, the latest in June 2026. The nearest other condo plan on file is 1149-1151 Bedford Avenue Condominium, next door.
Plan CD240268 · Rehab · accepted Jul 31, 2025 · AG record ↗
Compare
| Figure | This building1 | 93 Waverly27 units · 1 miaccepted 2025 | 156 Tompkins38 units · 0.7 miaccepted 2024 |
|---|---|---|---|
| Common ChargesPer Square Foot / Month | $0.69Above peers | $0.62 | $0.53 |
| Average Offering PricePer Apartment | $676,000Below peers | $727,000 | $761,625 |
| Average PricePer Square Foot | $1,097In line | $1,164 | $1,040 |
| Property TaxesPer Square Foot / Month | $0.32Lowest | $1.55 | $0.42 |
| Average Unit SizeSquare Feet | 616 SFSmaller | 625 SF | 732 SF |
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Unit mix, closings, budgets, finishes and the team, against 93 Waverly and 156 Tompkins, cited to the offering plans. No credit card required.
Create a free accountHow We Got This
- Comps: the closest Brooklyn plans on size, $/SF and launch date, within 2 miles when possible.
- Figures: each building's own offering plan, filed with the NY Attorney General. Nothing is estimated.
- Checked: a price list publishes only when its math adds up, and building pages cite the plan pages.
- Labels: In line is between the comps; Below/Above peers is past both by up to 15%; Lowest/Highest by more.
Units & Prices
Budget
From our research: The Sponsor's Condo-Creation Fee in NYC · NYC Condo Insurance Costs Are Rising · Condo Supplies Cost per Unit, by Size
Team
- Sponsor
- Bsd Madison 1 LLC
- Tax estimate
- RE Tax Service, LLCPrepared the first-year real estate tax projection
- Construction lender
- Quanta Finance$4.5 million recorded
From our research: Do NYC Developers Rehire the Same Firms?
Nearby
- 1149-1151 Bedford Avenue Condominiumnext door · 12 units · 6 parking · 2016
- 1153 Bedford Avenue Condominiumnext door · 8 units · 2016
- 1155 Bedford Avenue Condominiumnext door · 7 units · 2024
- 215 Putnam Avenue Condominiumnext door · 6 units · 2022
- 118 Madison Street Condominiumnext door · 4 units · 2024
- 162 Monroe Street Condominiumnext door · 4 units · 2016