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964 Madison St Brooklyn, NY 11221

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For Sale
Pending
$1,938,000

Updated three-family building in Bushwick with income potential.

Lot size:
0.04 Acres

Property Features for 964 Madison St

General Information

Property type
Multi Family
Standard status
Pending
Lot size
0.04 Acres

Building Details

Year built
1901

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Listing Contact
Afik Even
Source: Elliman

Listing Agent: Afik Even

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Updated Bushwick Three-Family Building

This updated three-story building is a legal three-family house located in Bushwick, bordering Bedford-Stuyvesant, and within walking distance of the Gates Subway station and Saratoga Park. The 18.75/50 building offers approximately 3,750 square feet of space, plus a finished walk-in basement and backyard. The property is surrounded by bars, restaurants, cafes, art stores, gyms, pharmacies, a post office, and an Organic Fresh Market. The top two floors each contain a three-bedroom, 1.5-bathroom apartment. The first floor features a two-bedroom, 1.5-bathroom garden apartment with private access to the backyard and a deck. Combining the first floor with the walk-in basement could create a four-bedroom, 2.5-bathroom duplex apartment. The townhouse retains its classic charm with high ceilings, crown molding, abundant natural light, and exposed brick. Each unit includes 1.5 bathrooms, washer/dryer hookups, quartz countertops, solid wood white Shaker cabinetry, hardwood floors, and stainless-steel appliances, including a dishwasher and over-the-stove microwave. Each apartment has separate gas heat and hot water, and electric and gas meters. The finished walk-in basement has both interior and street access, plus a second exit to the backyard. The building has low property tax, and is very well maintained, including recently replaced hot water heater & Bosch dishwashers. The building will be delivered vacant.
Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Skin Care Clinic

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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City
Brooklyn
County
Kings
State
New York
Longitude
-73.91908
Latitude
40.688602

FAQs

What type of property is this?
Triplex - Updated three-family building in Bushwick with income potential.
Where is this triplex located?
The property is located at 964 Madison St Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,938,000.
What are key features of this property?
This property features: - Delivered Vacant: Ideal for immediate occupancy, renovation, or rental.; - High Income Potential: Projected $12,000/month income, great for investors.; - Prime Bushwick Location: Close to subway (Gates station), Saratoga Park, and local amenities.
More about this property
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