Description

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.
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Building Features 3 Floors3 Units

intercom

Unit Features

dishwasher, gascooktop, range, refrigerator, stainlesssteelappliances
washerdryer
Exposures: North, South
Pet Policy: UnitCats OK, UnitDogsOK

$2,399,000 / $669 per ft²

$96,000  -  71 days ago

Listed on May 28, 2024

220 Days on Market

9 Beds / 6.5 Baths / 3,583 ft²

Total Monthly expenses: $217

Maintenance: - / R.E. Taxes $217

Other Details:

Three Family

Lot Size: 18.75' x 100.0' Built: 18.75' x 50.0'

Zoning: C0

Exclusively listed with: Compass Source: RLS

Tali
Berzak

tali@compass.com

(917) 246-8581

Kyle
Meagher

kyle.meagher@compass.com

(571) 218-2540

Isaac
Metcalf

isaac@compass.com

(917) 734-2376

Listing Courtesy of Compass View Listing

Unit listing history

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