116 Madison Street
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!
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 | Permanently Off Market |
|---|---|
| Days on Market | 111 |
| Taxes | $378 / month |
| Maintenance | - |
| Min. Down Pymt | - |
| Total Rooms | 12.0 |
| Compass Type | Multi Family |
| MLS Type | - |
| Year Built | 1910 |
| Lot Size | 2,000 SF / 20' x 100' |
| County | Kings County |
| Buyer's Agent Compensation | 0% |
Building
116 Madison St
Location
Building Information for 116 Madison Street
Payment Calculator
$18,254 per month
30 year fixed, 6.46% Interest
$17,876
$378
$0
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1Property History for 116 Madison Street
| Date | Event & Source | Price |
|---|---|---|
| 07/31/2025 | $3,191,500 +32.2% / yr | |
| 02/06/2025 | $3,450,000 | |
| 01/27/2025 | Permanently Off Market Manual | — |
| 10/16/2024 | Price Change Manual | $3,550,000 |
| 10/08/2024 | Listed (Active) Manual | $3,800,000 |
| 03/01/2023 | $1,625,000 | |
| 03/01/2023 | $1,625,000 | |
| 01/23/2023 | — | |
| 06/02/2022 | $2,200,000 |
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 | ||
Brooklyn Academy 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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