Open House: Sun, Sep 8th 11:30 AM - 12:30 PM EDT

Active

972 Madison Street

Brooklyn NY, 11221

$2,495,000


$696.34 per sqft

Active

9 Beds

7 Baths

3,583 sqft

Town House

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

August 23, 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

Open House Schedule

Sun, Sep 8th

11:30 AM - 12:30 PM EDT

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

The IDX display contains information sourced from the Real Estate Board of New York as of 8/23/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

©2024 Real Estate Board of New York all rights reserved.

Data last updated on 8/23/2024 at 4:40 PM UTC

 

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