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$2,399,000

Beds
9
Baths
7.0
sq ft
3,583

972 Madison St, Brooklyn, NY 11221

972 Madison St

New York City, NY 11221

  • 178 days on market
    • Price drop $96,000↓
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.

Details

Property type

Townhouse

Lot size

Unknown

Price per sq ft

$670

Year built

1910

Annual property taxes

$2,604

HOA

Yes

Price History

09/30/2024
REBNY

REBNY #COMP-1586255805594334601

Price change
$2,399,000
-3.85%
05/28/2024
REBNY

REBNY #COMP-1586255805594334601

Listed
$2,495,000
+100.4%
11/08/2023
OneKey

OneKey #3485281

Sold
$1,245,000

Schools & Community

Neighborhood: 

Bushwick

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Status: Active

Tomo last checked: 11/22/2024 at 10:50 AM

Listing updated: 11/18/2024 at 2:23 PM

Listed by: Tali Berzak, Compass Phone #: (212) 913-9058

MLS: REBNY #COMP-1586255805594334601

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