Welcome to 972 Madison St.

A historic townhouse originally built in 1910, now transformed into three distinct living spaces. The parlor level features a open two-bedroom, two-bathroom apartment. The two bedrooms, situated at the rear of the building, open up to a large private yard. The prmary bedroom includes its own full bathroom for added convenience. Moving up to the second floor, you'll find a three-bedroom, two-bathroom apartment offering ample space and comfort. The top floor boasts high ceilings and a sun-drenched skylight, creating a bright and inviting atmosphere for the four bedrooms and two full bathrooms. Ad ditionally, a large finished basement with an extra half bath provides versatile space and direct access to the yard.

This space can easily be connected to the first floor unit creating a spacious duplex that works well for an owner-occupier or for an investor to be able to achieve a higher rent roll. Each unit is thoughtfully equipped with stainless steel appliances, including a dishwasher and a microwave, as well as split AC units and in-unit laundry. This beautifully reimagined townhouse is ideally located on the border of Bushwick and Bedstuy, moments away from popular dining spots such as Cafe Underground, Cuts and Slices and Trad Room. Residents will also appreciate the proximity to local parks, including Saratoga Park. With convenient access to public transportation, including the J/M trains and a short 20-minute drive to JFK Airport, this property offers exceptional desirability. The property is newly renovated and will be delivered vacant. Based on projected rents the CAP rate is approx. 6%. Please reach out directly for full pro forma and rental comps.

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on 972 Madison St
in Brooklyn, NY
Presented by Tali Berzak at
Compass.


Property MLS #1586255805594334601 from Compass

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+ Bedrooms

Bedrooms: 9

+ Other Rooms

Total Rooms: 19

+ Bathrooms

Total Bathrooms: 6.5
Full Bathrooms: 6
1/2 Bathrooms: 1

+ Interior Features

Total Floors in Building: 3

+ Heating and Cooling

Cooling Features: Air Conditioning

+ Appliances

Dryer: Yes
Washer: Yes

+ Exterior and Lot Features

Garden
Garden: Yes

+ Other Property Info

Source Listing Status: for sale
Availability Date: 2024-05-21
Source Property Type: resale
Inclusions: Washer, Dryer, Dishwasher
Property Subtype: townhouse
Source Neighborhood: Bushwick
Property Subtype: townhouse
Source System Name: C2C
+ Reveal Tax History

Year	Assessments Building + Land Total	Tax
2022	$50,160 + $12,960 $63,120	$2,204
2021	$42,960 + $12,960 $55,920	$2,306
2020	$54,840 + $12,960 $67,800	$2,318
2019	$62,040 + $12,960 $75,000	$2,239
2018	$8,538 + $1,701 $10,239	$2,141
2017	$7,309 + $2,363 $9,672	$1,971
2016	$6,122 + $3,012 $9,134	$1,825
2015	$6,691 + $2,438 $9,129	$1,785
2014	$6,139 + $2,892 $9,031	$1,730
2013	$5,715 + $2,818 $8,533	$347
2012	$3,459 + $4,601 $8,060	$1,174
2010	$3,189 + $4,423 $7,612	$1,023
2009	$3,419 + $4,189 $7,608	$1,050
2007	$5,677 + $1,040 $6,717	$837

+ Reveal Property Sale History

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+ Building and Construction

Total Square Feet Living: 3583
Year Built: 1910
Property Age: 114
Prewar: Yes

+ Display Complete School Details

Ps 299 Thomas Warren Field School is a public elementary school located approximately 0.2 miles away.
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Jhs 291 Roland Hayes is a public middle school located approximately 0.5 miles away.
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St. Marks Lutheran Schools is a private elementary and middle school located approximately 0.2 miles away.
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Excellence Girls Charter School is a public elementary, middle and high school located approximately 0.3 miles away.
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