- Year built
- 1994
- Type
- Condominium
- Amenities
- Elevator, laundry room and intercom, per listing records
Every recorded sale at this building, 2023–2024
Price-per-square-foot over time, the line- and floor-premium curves, and every recorded sale.
- Median $/sf, 2024
- $775
- 1 sale
- Listing discount
- 0.0%
- Recorded sales
- 7
- On record
- 2023–2024
Own an apartment here? See what it would sell for.
A Private Pricing Opinion — what your apartment at 959 Madison Street would likely sell for today, what it costs to sell, and what you’d walk away with — reviewed personally against condition, exposures, renovation quality, and the competition actually on the market.
959 Madison Street is an eight-residence Bushwick condominium in a five-story building with an elevator, on a 33.5-by-100-foot lot. Its recorded closings are the reference points for new condominium pricing on this stretch of Madison Street: seven residences closed between July 2023 and June 2024, from $650,000 to $1.1 million, or $755 to $1,064 per square foot on the four with a recorded size.
The building was not built from the ground up in 2023. PLUTO dates it to 1994, and Department of Buildings filings from 2019 through 2021 take it from two dwelling units to eight, with a ground-floor community space. The Attorney General record calls the plan new construction. Both are on the record, and the plan is the document that settles it.
Architecture and residences
PLUTO lists 11,399 square feet of building area, 6,779 of it residential and 4,620 commercial or community use, across five floors. The eight residences are 2A, 2B, 3A, 3B, 4A, 4B, 5A and 5B, one- and two-bedroom homes of about 670 to 930 square feet where a size is recorded. The ground floor and cellar hold a community-facility unit. Department of Buildings filings from 2025 and 2026 amend the certificate of occupancy for a community center on those two levels. The Department of Finance recorded a zero-consideration transfer of that unit on June 29, 2026.
Listing records show an elevator, a laundry room and an intercom. The architect and developer are not documented in the filings reviewed, and no interior designer is credited.
Offering and pricing
Per the offering plan filed with the New York State Attorney General (plan CD220040), the plan was submitted February 17, 2022 and accepted December 20, 2022. The record lists eight residential units and nine in total, with Bushwick Development Group LLC as sponsor. The initial price was $9,780,000. The current price is $10,535,000, an increase of $755,000, or 7.7%.
The Attorney General database returned an error when we pulled this record, so these figures come from our scan of September 27, 2026 and amendments were not reviewed. The scan shows no effective date and three units sold. Closings were recorded from July 2023, so the database is behind or a later amendment is missing from it. Read every amendment to confirm the plan's status.
Recorded sales
Brokerage closing records show seven residences sold:
| Unit | Layout | Size | Closed | Price | $/sf |
|---|---|---|---|---|---|
| 2B | 2 bed, 2 bath | n/a | July 19, 2023 | $1,100,000 | n/a |
| 4A | 2 bed, 2 bath | n/a | July 17, 2023 | $910,000 | n/a |
| 2A | 2 bed, 2 bath | 839 sf | July 26, 2023 | $829,874 | $989 |
| 5B | 2 bed, 2 bath | n/a | August 15, 2023 | $825,000 | n/a |
| 5A | 1 bed, 1.5 bath | 672 sf | August 21, 2023 | $715,000 | $1,064 |
| 3A | 2 bed, 2 bath | 839 sf | April 3, 2024 | $650,000 | $775 |
| 4B | 2 bed, 2 bath | 927 sf | June 7, 2024 | $700,000 | $755 |
The seven closings total $5.73 million, an average of about $819,000. The plan's current price spread over its nine units averages about $1.17 million. The gap is about 30%. It may reflect an allocation of price to the community unit, or the recorded prices may not include later amendments; the plan would show which. Unit 3B has no confirmed closing here. The Department of Finance's trailing-year sales file shows no residential sale since November 2025. Listing records show a resale ask of $975,000 on 3A in July 2026, which we could not confirm. Unit-level transaction history is maintained in The Roebling Research Library and shared with clients during diligence.
Recent sales
Recent closings at this building, from The Roebling Research Library. Prices are the transfer amounts recorded with the NYC Department of Finance; apartment-level detail is checked against the building’s own file in The Roebling Research Library before publishing.
| Date | Unit | Apartment | Price | PPSF | vs. Ask |
|---|---|---|---|---|---|
| Apr 3, 2024 | 3A | 2 BR · 2 BA · 839 sf | $650,000 | $775/sf | -27.4% |
| Aug 31, 2023 | 3B | 2 BR · 2 BA · 927 sf | $1,100,000 | $1,187/sf | +0.0% |
| Aug 21, 2023 | 5A | 1 BR · 1.5 BA · 672 sf | $715,000 | $1,064/sf | +0.0% |
| Aug 15, 2023 | 5B | 2 BR · 2 BA · 803 sf | $825,000 | $1,027/sf | -10.8% |
| Jul 26, 2023 | 2A | 2 BR · 2 BA · 839 sf | $829,873 | $989/sf | -0.0% |
| Jul 19, 2023 | 2B | 2 BR · 2 BA · 927 sf | $1,100,000 | $1,187/sf | +0.0% |
| Jul 17, 2023 | 4A | 2 BR · 2 BA · 839 sf | $910,000 | $1,085/sf | +0.0% |
Market read. Most recent trades (2024) cleared a median $775/sf (recorded) across 1 sale. Median listing discount 0.0% from the last ask.
Sales sourced from NYC Department of Finance recorded transfers (BBL 3-03357-7502; each condominium apartment is its own tax lot). Apartment-level facts (line, condition, asking-price context) curated and cross-verified in The Roebling Research Library. Not all transactions cross-verify with ACRIS records — sponsor and LLC purchases sometimes record at stipulated values rather than market price; square footage from recorded condo declarations and offering plans.
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What to know if you’re buying
Resales are the market. Seven of eight residences have a recorded closing, so at most one sponsor unit remains. Price a resale off the recorded closings above: the buyers with a recorded size paid $755 to $1,064 per square foot.
Ask for the community unit's terms. The ground-floor community facility is part of the condominium. Ask about its common-charge share, its use restrictions and who controls it.
Closing costs. On a resale the seller customarily pays the transfer taxes, and the buyer pays the state mansion tax from $1 million. Use the calculators below to run your price.
Financing. Listing records show a 20% minimum down payment. Confirm with the managing agent.
Comparable buildings
If you're considering 959 Madison Street, also look at these Bushwick condominiums:
- 1226 Decatur Street — eight-residence new construction, two homes per floor
- 831 Knickerbocker Avenue — ten-residence enlargement and conversion of an existing building
- 318 Knickerbocker Avenue — conversion and gut renovation of three adjoining buildings with a new top floor
- 952 Bushwick Avenue — ten-residence, six-story condominium
- 1370 Bushwick Avenue — ten-residence, six-story condominium
More Bushwick buildings
- 78 Jefferson Street — 2024 condominium
- 831 Knickerbocker Avenue — 1931 condominium
- 952 Bushwick Avenue — 2019 condominium
- Decatur Lofts (1226 Decatur Street) — 2024 condominium
- L Lofts, 1610 DeKalb Avenue — 2005 condominium
- The Dodworth Collective (17 Dodworth Street) — condominium
The neighborhood
For the full neighborhood — its buildings, character, and market — read The Roebling Team Guide to Bushwick.
How to read the facts on this page. Items attributed to an offering plan describe the building as it was offered at that filing — unit mix, square footage, the amenity program as planned. They are not a statement about how the building operates today. Tax and compliance figures are sourced separately to current City records and carry their own dates. House rules, staffing and fee policy can change by board resolution without any public filing: treat every policy line here as a starting point for diligence and confirm it with the managing agent. Where this page compares one building or neighborhood to another, that is our analysis of the recorded record — it names the measure, the period and the sample it rests on, and it is an observation about medians rather than a prediction about any particular apartment.
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646.939.7375 · c.cohen@compass.com