Map of Madison© OpenStreetMap

Brooklyn

Madison

60 closed sales · last 12 months

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Updated monthly from closed-sale data.

Madison is a sub-neighborhood within Sheepshead Bay. The median sale price is $830,000, with homes averaging $620.82 per square foot. About 64 homes sold annually, and the typical property spends 105.5 days on the market.

Over the last 12 months, Madison has outperformed Sheepshead Bay it sits within.

Median Price

$845K

Half of sales closed above this price, half below.

Price / SF

$621/SF

Median closed price per square foot.

Closed Sales

60

Number of closed sales in the period.

Price Trend

Last 12 months

Closed Sales

Who lives here

79,802
Residents
$73K
Median household income
$2K/mo
Median rent
47% ownrent 53%

Source: U.S. Census (ACS), 2023 · Madison (1 ZIP code)

Madison on the map

Notable nearby

Restaurants

  • Michael’s0.3 mi
  • Oshi's Cafe0.3 mi
  • Oshis0.3 mi

Coffee

  • Dunkin'0.4 mi
  • Shepherd's Cup0.5 mi
  • Igam Coffee0.5 mi

Bookstores

  • Kings Highway Library0.4 mi
  • Brooklyn Public Library0.4 mi
  • St. Petersburg Bookstore0.5 mi

Nightlife & culture

  • Hollywood0.2 mi
  • Dynamic Woods0.3 mi
  • Costello's Claddagh Inn0.3 mi

Shopping

  • Show Biz Service0.2 mi
  • Azzam Inc0.3 mi
  • Rumblewear Inc0.3 mi

Getting around

B2B31B100BM3B49

Nearest stop: AVENUE R/BEDFORD AV · 1 min walk

Schools nearby

  • James Madison High SchoolHigh · 5 min walk
  • JHS 234 Arthur W CunninghamMiddle · 8 min walk
  • PS 255 Barbara Reing SchoolElementary · 8 min walk
  • PS 197 Kings Highway Academy (The)Elementary · 9 min walk
  • JHS 278 Marine ParkMiddle · 10 min walk
  • PS 206 Joseph F LambElementary · 13 min walk

Key details

The cost of homes

The median sale price in Madison is $830,000, roughly 61% higher than Sheepshead Bay's median of $515,000. Homes typically sell between $511,250 and $1,200,000.

Housing stock

Properties in Madison sold at $620.82 per square foot over the past 12 months, with a median time on market of 105.5 days. The sub-neighborhood recorded 64 annual sales, outperforming the broader Sheepshead Bay area during this period.

Nearby neighborhoods

Sheepshead BayHomecrestHomecrestMidwoodGerritsen BeachOld Mill Basin

All figures reflect sales only; rentals are excluded.

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Licensed Real Estate Broker. All information is from sources deemed reliable but is subject to errors, omissions, changes in price, prior sale, or withdrawal without notice.

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