Active

972 Madison Street

Brooklyn NY, 11221

$2,399,000


$669.55 per sqft

Active

9 Beds

7 Baths

3,583 sqft

Townhomes

Built in 1910

Welcome to 972 Madison St., a historic townhouse originally built in 1910, now transformed into three distinct living spaces.

The parlor level features a spacious two-bedroom, two-bathroom apartment. The two bedrooms, situated at the rear of the building, open up to a large private yard. The primary bedroom includes its own full bathroom for added convenience.

Moving up to the second floor, you'll find a three-bedroom, two-bathroom apartment offering ample space and comfort.

The top floor boasts high ceilings and a sun-drenched skylight, creating a bright and inviting atmosphere for the four bedrooms and two full bathrooms.

Additionally, a large finished basement with an extra half bath provides versatile space and direct access to the yard. This space can easily be connected to the first floor unit creating a spacious duplex that works well for an owner-occupier or for an investor to be able to achieve a higher rent roll.

Each unit is thoughtfully equipped with stainless steel appliances, including a dishwasher and a microwave, as well as split AC units and in-unit laundry.

This beautifully reimagined townhouse is ideally located on the border of Bushwick and Bedstuy, just moments away from popular dining spots such as Cafe Underground, Cuts & Slices, and Trad Room. Residents will also appreciate the proximity to local parks, including Saratoga Park. With convenient access to public transportation, including the J/M trains, and a short 20-minute drive to JFK Airport, this property offers exceptional desirability.

The property is newly renovated and will be delivered vacant. Based on projected rents the CAP rate is approx. 6%. Please reach out directly for full pro forma and rental comps.

COMP-1586255805594334601

MLS ID

May 28, 2024

Listed

December 1, 2024

Updated

Map

972 Madison Street
Brooklyn NY, 11221

Interior Features

Total Stories

3


Bedrooms

9


Total Bathrooms

7


Full Bathrooms

6


Half Bathrooms

1


Interior Features

Entrance Foyer, High Ceilings, Kitchen Island, Recessed Lighting


Appliances

Dryer, Dishwasher, Gas Cooktop, Range, Refrigerator, Stainless Steel Appliance(s), Washer


Laundry Description

In Unit, See Remarks


Floor Description

Hardwood


Fireplace

No


Cooling

Yes


Cooling Description

Central Air, Other


Heating

No

Exterior/Building Features

Exterior Features

Private Yard


Architectual Style

Walk-Up

Other Property Details

Taxes

$2,604


Tax Frequency

Annually


HOA Frequency

Monthly


Garage

No


View

No


County

Kings


Pool

No

Listing History

Date

Event

Price

9/30/2024

Price change

$2,399,000

-4%

Listed by Tali Berzak with Compass
Listing Contact: (917) 246-8581 

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York’s Residential Listing Service (the “RLS”). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024  The Real Estate Board of New York, Inc., All rights reserved

Data last updated on 12/1/2024 at 12:46 AM UTC

 

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