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4 family Brownstone off Bedford Ave, a GREAT location

Located on 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 $8,700 a month. With some modification and upgrades the rent can go up to $12,000 a month, or one can reconfigure the building to be used as a 2 family Townhouse with a BIG owner's triplex over a rental unit. The annual tax is still very low for a building of its class.
Lot size: 19/100
Building size: 19/40 +28' extension on 2 floors
3 story legal 4 family Brownstone
Asking: $2,799,000

Madison St off Bedford Ave.jpg


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