Well-Maintained Triplex With Finished
For Sale
$1,549,000
1245 Madison St, Brooklyn, NY 11221
Three residential units totaling 8 bedrooms and 3 full baths, with spacious living areas and a finished basement.
Property SizeContact for details
Days on Market102
Property Features for 1245 Madison St
General Information
Standard status
Active
Property subtype
Multi-Family
Additional Details
Multifamily Units
3
Building Details
Year Built
1920
Listing Agency:
First Home Equity Realty
Listed By:
Luisa Then · License #10311208354
(516) 965-0159
Source:
Amodiorealestate
Added: Jun 3
Changed: Sep 8
Last Checked: Sep 11 at 11:46AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of First Home Equity Realty
Investment Insights
Based on property information with market context.
This well-maintained triplex offers three residential units with a combined total of 8 bedrooms and 3 full bathrooms. Each unit is laid out as a functional multi-unit residence with spacious living areas designed for everyday comfort. The property also includes a finished basement, adding additional usable interior space.
The building is positioned for everyday convenience, with access to nearby transportation and close proximity to shopping, dining, parks, and other local amenities. Transit, walkability, and biking scores are documented as very strong, indicating the area supports regular local movement.
For buyers seeking a residential income property, the triplex configuration provides multiple separate units within one asset, supported by a total of 8 bedrooms and 3 full baths across the building. The finished basement and the emphasis on spacious living areas can be attractive for tenants looking for more than just basic square footage, while the property’s upkeep supports ease of ownership.
The building is positioned for everyday convenience, with access to nearby transportation and close proximity to shopping, dining, parks, and other local amenities. Transit, walkability, and biking scores are documented as very strong, indicating the area supports regular local movement.
For buyers seeking a residential income property, the triplex configuration provides multiple separate units within one asset, supported by a total of 8 bedrooms and 3 full baths across the building. The finished basement and the emphasis on spacious living areas can be attractive for tenants looking for more than just basic square footage, while the property’s upkeep supports ease of ownership.
Key Highlights
- Triplex built in 1920 with 3 residential units and a total of 8 bedrooms
- 3 full bathrooms across the three units
- Finished basement included in the multi‑unit layout
Property Analytics
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Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
5,245
Businesses Nearby
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Business Placement
Demographics for 11221, NY
89,222
Population
38,690
Households
2.3
Avg Household Size
33
Median Age
42%
College-Educated
84%
High-School Grad
1.4 sq mi
ZIP Area
63,730
Density / Sq Mi
$85,122
Median Household Income
$49,202
Median Earnings
$2,055
Median Rent
$1,061,400
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Triplex - Three residential units totaling 8 bedrooms and 3 full baths, with spacious living areas and a finished basement.
Where is this triplex located?
The property is located at 1245 Madison St Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,549,000.
What are key features of this property?
This property features: Triplex built in 1920 with 3 residential units and a total of 8 bedrooms; 3 full bathrooms across the three units; Finished basement included in the multi‑unit layout
