New Listing - 10/08/2024 Price Reduced 6.58%
Listing courtesy of Compass
Price History
$3,800,000
10/8/2024
$3,550,000
10/16/2024
116 Madison Street, Brooklyn, (Bedford Stuyvesant), NY, 11216
12 rooms
0 beds
1 Full baths
1910
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!
Status:
Active
Town:
Brooklyn
Type:
Multi-family
Laundry Remarks:
SeeRemarks
Zoning:
R6B
Building Type:
Townhouse
Cooling:
Central
Levels:
4
Washer/Dryer:
Yes
Building Access:
Walk-up
Service Level:
Voice Intercom
Built Size:
20'x38'
OLR #:
COMP1683394437322833
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