904 Madison Street

Bedford-Stuyvesant

$1,300,000
Price
6
Beds
6
Baths
2,900 Sq. Ft.
$448 / Sq. Ft.
2,900
Sq. Ft.
$448
per Sq. Ft.

Description

A rare Brooklyn investment opportunity with a strong cap rate and low expenses, now is the time to take advantage of interest rates with this 6 unit-building. This strong location is great for renters or an investor looking to redevelop into Condos.
904 Madison Street is a walk-up building in the Bedford Stuyvesant neighborhood of Brooklyn.
• Redevelop into Condos or Renovate and Rent
• 904 Madison Street is a 20 x 40 six-unit apartment building consisting of 2,900 SF across three stories with 1,100
...A rare Brooklyn investment opportunity with a strong cap rate and low expenses, now is the time to take advantage of interest rates with this 6 unit-building. This strong location is great for renters or an investor looking to redevelop into Condos.

904 Madison Street is a walk-up building in the Bedford Stuyvesant neighborhood of Brooklyn.
• Redevelop into Condos or Renovate and Rent
• 904 Madison Street is a 20 x 40 six-unit apartment building consisting of 2,900 SF across three stories with 1,100 SF unused FAR.
• The building comprises of vacant 4 one-bedroom units and 2 studio apartments.
• The property is located within walking distance to Myrtle Avenue and Broadway retail corridors.
• Multiple transportation options are available with both the J train within two blocks at Broadway station or the M train within close proximity to the Myrtle Avenue station, both providing easy access to Williamsburg and Manhattan.

Amenities

  • Walk Up
  • Window AC can be Installed
  • Development Site
  • Gas Heat
  • Attach / Row Hse
  • Lowrise
  • Marble Floors
  • Ceramic Floors
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LISTING UPDATED: 01/05/2022 03:34 AM

Property Details for 904 Madison Street

StatusTemporarily Off Market
Days on Market81
Taxes$635 / month
Maintenance-
Min. Down Pymt-
Total Rooms21.0
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1910
Lot Size2,000 SF / 20' x 100'
CountyKings County

Building

904 Madison St

5 Units3 StoriesBuilt in 1910
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Building Information for 904 Madison Street

Stories3Residences5Year Built1910Building Size20' x 40'Building Sq. Ft2,400 SFLot Size2,000 SF / 20' x 100'Building Age-Building Type-

Payment Calculator

$7,730 per month

30 year fixed, 7.25% Interest

Principal and Interest

$7,095

Property Taxes

$635

Maintenance/Common Charges

$0

The Payment Calculator is for illustrative purposes only.

Property History for 904 Madison Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 904 Madison Street

This home is within Nyc Geog District #16 - Brooklyn.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Madiba Prep Middle School
Public6 to 8

Brooklyn High School Law And Tech
Public9 to 12

Gotham Professional Arts Academy
Public9 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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