Listing Courtesy of Compass
$3,550,000
Est. payment /mo
8 BD
5 BA
2,280 SqFt
Active
116 Madison Street Brooklyn, NY 11216
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
UPDATED:
11/24/2024 04:52 AM
Key Details
Property Type Townhouse
Sub Type Townhouse
Listing Status Active
Purchase Type For Sale
Square Footage 2,280 sqft
Price per Sqft $1,557
Subdivision Bedford-Stuyvesant
MLS Listing ID RLS11014720
Style Walk-Up
Bedrooms 8
HOA Y/N Yes
Year Built 1910
Annual Tax Amount $4,536
Property Description
Prime Investment Opportunity in BedStuy West – 5-Family Townhouse on Madison Street
Located in the highly desirable BedStuy West, this newly renovated five-family townhouse on Madison Street offers an exceptional investment opportunity. With a Certificate of Occupancy already in place, this property is fully turnkey and ready to generate income from day one.
Each unit has been meticulously renovated, featuring modern amenities designed for comfortable living, including split-system heating and cooling for year-round comfort, stainless steel appliances for a sleek, contemporary kitchen, and in-unit washers and dryers for added convenience. The renovations have seamlessly blended modern finishes with the timeless charm of this classic Brooklyn townhouse.
Set in one of Brooklyn's most sought-after neighborhoods, this property is surrounded by popular cafes, restaurants, and shops, all while offering easy access to public transportation. The BedStuy rental market remains robust, ensuring a consistent stream of potential tenants for this five-family residence.
This property is ideal for investors looking to capitalize on Brooklyn's ever-growing market with minimal hassle and maximum return. Don't miss out on this rare chance to own in prime BedStuy West!
Located in the highly desirable BedStuy West, this newly renovated five-family townhouse on Madison Street offers an exceptional investment opportunity. With a Certificate of Occupancy already in place, this property is fully turnkey and ready to generate income from day one.
Each unit has been meticulously renovated, featuring modern amenities designed for comfortable living, including split-system heating and cooling for year-round comfort, stainless steel appliances for a sleek, contemporary kitchen, and in-unit washers and dryers for added convenience. The renovations have seamlessly blended modern finishes with the timeless charm of this classic Brooklyn townhouse.
Set in one of Brooklyn's most sought-after neighborhoods, this property is surrounded by popular cafes, restaurants, and shops, all while offering easy access to public transportation. The BedStuy rental market remains robust, ensuring a consistent stream of potential tenants for this five-family residence.
This property is ideal for investors looking to capitalize on Brooklyn's ever-growing market with minimal hassle and maximum return. Don't miss out on this rare chance to own in prime BedStuy West!
Location
State NY
County Kings
Interior
Heating Central
Cooling Central Air
Flooring Hardwood
Furnishings Unfurnished
Fireplace No
Appliance Dryer, Dishwasher, Washer
Laundry In Unit, See Remarks
Exterior
Exterior Feature Private Yard
Private Pool No
Building
Lot Description Front Yard
Dwelling Type Townhouse,Triplex
Story 3
New Construction No
Others
Pets Allowed Pets Allowed
Ownership None
Monthly Total Fees $378
Pets Allowed Building No, Cats OK, Dogs OK
RLS Data display by Real Broker LLC