116 Madison Street
Listed By Compass
Listed By Compass
Description
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...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!
Listing Agents
![Natalia Harvey]()
natalia.harvey@compass.comP: (312)-918-3908
![David Chang]()
dchang@compass.comP: (914)-420-1985
![Albert Rossmeier, PhD]()
albert.rossmeier@compass.comP: (818)-747-8163
Amenities
- Private Yard
- Hardwood Floors
- Walk Up
- Washer / Dryer
- Washer / Dryer in Unit
- Central AC
- Dishwasher
- Total Renovation
Property Details for 116 Madison Street
| Status | Active |
|---|---|
| Days on Market | 63 |
| Taxes | $378 / month |
| Maintenance | - |
| Min. Down Pymt | - |
| Total Rooms | 12.0 |
| Compass Type | Multi Family |
| MLS Type | - |
| Year Built | 1910 |
| Views | None |
| Architectural Style | - |
| Lot Size | 2,000 SF / 20' x 100' |
| County | Kings County |
| Buyer's Agent Compensation | 0% |
Building
116 Madison St
Building Information for 116 Madison Street
Property History for 116 Madison Street
| Date | Event & Source | Price | Appreciation | Link |
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| Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 116 Madison Street
Schools near 116 Madison Street
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | 10 to 12 |
Rating | School | Distance |
|---|---|---|
P.S. 3 The Bedford Village PublicPK to 5 | ||
Urban Assembly Unison School (The) Public6 to 8 | ||
Bedford Academy High School Public9 to 12 | ||
Bedford Stuyvesant Prepretory High School Public10 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., All rights reserved. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey® MLS. Information Copyright 2024, OneKey® MLS. All data is deemed reliable but is not guaranteed accurate by Compass. See Terms of Service for additional restrictions. Compass · Tel: 212-913-9058 · New York, NY Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York’s Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., all rights reserved. This information is not guaranteed, should be independently verified and may not reflect all real estate activity in the market. Offers of compensation set forth here are for other RLSParticipants only and may not reflect other agreements between a consumer and their broker.©2024 The Real Estate Board of New York, Inc., All rights reserved.