4 family Brownstone off Bedford Ave, a GREAT location
Located on 140 Madison Street off Bedford Avenue in Bedford Stuyvesant, close to Clinton Hill, a great location, very attractive for tenants. It is within a short walking distance to the A & C subway lines and the S shuttle line on Franklin, which can take you to the Brooklyn Botanical Gardens & Prospect Park. The house is just a couple of minutes walk to the popular YMCA Gym with its seeming pool, the Metropolitan CityMarket on Monroe Street, and many other amenities, include plenty of popular restaurants & bars. This legal 4 family Brownstone Townhouse has a finished basement and a nice backyard, and is in a good shape. Configured as a rental property with a current total income of about $10,000 a month. With some modification and upgrades the rent can go 20% higher, or one can reconfigure the building to be used as a 2 family home with a BIG owner's triplex over a rental unit. The annual tax is still very low for a building of its class, which makes it an even better investment.
Lot size: 19/100
Building size: 19/40 +28' extension on 2 floors
3 story legal 4 family Brownstone
SOLD in 2022