111 Madison St - Bedford - Stuyvesant, New York

        

 

111 Madison St - Bedford - Stuyvesant, New York

 

Amazing opportunity to customize this beautiful 3 Family Town House - Bring your contractor and architect!!This 3 unit, 5-story brick townhouse serves as a great investment property collecting substantial rental income.

Apartment 1: A Convertible 3 bed/2bath duplex features a garden with ample space, a renovated kitchen, an open layout, an en suite bedroom, a separate laundry room and an enormous recreational room with a bathroom which can easily be a third bedroom. Located on the first and lower level collecting $3,800/mo.

Apartment 2: A 2bed/1bath floor thru apartment, located on the second floor collecting $2,700/mo
Apartment 3: A 3bed/2bath duplex features a roof deck, open layout and high lofted ceilings. This is suitable as an owner's duplex located on the third and fourth floors collecting $4,500/mo.

Combined rental combined rental income is approximately $132,000 per year. This rare opportunity is available for an investor seeking to capture a good return. Located between Franklin Avenue and Bedford Avenue the house is by all the shopping facilities, restaurants and transportation. Please contact us for your private showing.

 

This listing courtesy of Douglas Elliman

Property Details:

  • 111 Madison St - Bedford - Stuyvesant, New York
  • Price: $2,450,000
  • Monthly Real Estate Tax: $796
  • Neighborhood: Bedford - Stuyvesant
  • Multi-Family
  • 8 Beds | 5 Baths | 1 Half Bath
  • Approximate Sq. Feet: 4,959
  • Listing ID: 2831612

Area Details:

Your Agent(s)
For Appointment Contact:
Shai Bernstein

Shai Bernstein

O: 212.350.8029

M: 718.708.3350

Email me »

Yair Tavivian

Yair Tavivian

O: 212.319.4109

F: 917.369.2553

Email me »