959 Madison St Brooklyn, NY 11221-8627
Property summary
This exceptional special-purpose property, located at 959 Madison Street in the vibrant Bushwick neighborhood of Brooklyn, New York, offers a unique opportunity for community-focused businesses. Zoned R6, this vanilla box community facility space is perfect for a variety of uses. The property boasts a highly desirable multiple-tenant configuration, providing flexibility and potential for diverse income streams. Its strategic location between Broadway and Bushwick Avenue ensures high visibility and accessibility. The property benefits from excellent public transportation access, with the J train at Gates Avenue and the Q24 bus line within easy reach. This prime location is surrounded by a thriving commercial environment, with numerous established businesses in close proximity, including Blink Fitness, Walgreens, Taco Bell, T-Mobile, McDonald's, Cup of Brooklyn, Rite Aid, Dunkin', Foodtown of Bushwick, and Family Dollar, creating a bustling and convenient atmosphere for both tenants and patrons. The property's address is 959 Madison Street, Brooklyn, NY 11221, situated in Kings County. This is an exceptional opportunity to acquire a well-positioned community facility space in a rapidly growing area of Brooklyn. The property's convenient location and strong tenant mix make it an attractive investment prospect.
Property profile
VerifiedCap rate & NOI
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
R6 · Brooklyn, NYZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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