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1042 Madison Street
1042 Madison Street
1042 Madison Street
1042 Madison Street
1042 Madison Street
1042 Madison Street
1042 Madison Street
1042 Madison Street
1042 Madison Street
1042 Madison Street
1042 Madison Street
1042 Madison Street
1042 Madison Street
1042 Madison Street
1042 Madison Street
1042 Madison Street
1042 Madison Street

1042 Madison Street

$1,180,000

  • 5 BEDROOMS
  • 2 FULL BATHS
  • 1,980 Sq.Ft.

Property Description

Your next home or investment opportunity awaits - don't miss this golden chance! This exceptional 5-bedroom, 2-bathroom configured as a 2-family home, strategically positioned near the J and Z subway lines as well as the B60 and Q24 bus routes, offers versatile options for both homeowners and developers seeking investment opportunities.
Situated on a quiet, tree-lined block, this beautiful multi-family is nestled on a 25 ft x 100 ft lot and building features a newly finished basement.
Entire home will be delivered vacant.
For Homebuyers:
Step inside and discover a spacious, sunlit interior that's perfect for creating lasting memories. Enjoy thoughtful features, including skylights in the second-floor hallway and bathroom, flooding these spaces with natural radiance. For outdoor enthusiasts, the expansive cemented yard and pavers offer the perfect setting for leisure and recreation. The home also features wood burning fireplaces and hardwood floors.
Whether you choose to occupy one unit and rent out the other, or if you're looking for space for extended family, this property offers versatile living options. The roof has been replaced just five years ago, ensuring durability and peace of mind for years to come.
For Developers:
This property is not only a perfect home but also an excellent investment opportunity. The R6 zoning and spacious lot provide potential for expansion or redevelopment projects. Whether you're interested in renovating and enhancing the existing structure or exploring new development possibilities, this property offers promising potential for a profitable venture with over 4000+ unused FAR to tap into. This residence has an allowed usable floor area of 6,073 and FAR as built 0.79.
Inquire today for additional information, and make this 2-family property your next home or investment. Act now and schedule a private showing with a 48-hour notice. Your future home or development opportunity awaits!

Overview

Property Type
Multi-family
Location
1042 Madison Street Building, Brooklyn, NY 11221
MLS ID
OLRS-0083477
Listing Last Updated

Property Features & Amenities

Interior

Total Bedrooms
5
Full Bathrooms
2

Exterior

Stories
2
Heat Type
Natural Gas
Air Conditioning
Wall Unit(s)

Details

Architecture Styles
Prewar, Walk-Up

Financial

Price
$1,180,000
Real Estate Tax
$2,352/yr
Zoning
R6

Exclusive Listing Agents

Quincy Bee

Licensed Real Estate Salesperson

(401) 660-0926

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    Quincy Bee
    Quincy Bee
    Licensed Real Estate Salesperson
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