1247 Madison St, Brooklyn, NY 11221

Beautiful Multi-Family House in Prime Bushwick! 1247 MADISON STREET is ideal for an investor or an end-user, a legal 2 family home with the square footage and a configuration comparable to a 3 family home. The house is in GOOD condition. The property can be delivered vacant. This is an exceedingly rare listing, a bargain with low taxes and a list price that equates to a competitive potential cap rate. Plus- the property has extra buildable square footage. *Please confirm the breakdown below with a licensed architect. 3 Story House Building Size: 20 ft x 45 ft 2700 sf Lot Size: 20 ft x 100 ft R6 Residential FAR: 2.43 Allowed usable floor area: 4,860 sf Unused FAR: 2,160 sf 1247 Madison Street. In addition, the house presents an opportunity for the savvy investor to unlock further value. The property is set in close proximity to the Myrtle-Wyckoff L & M Trains and a staggering plethora of some of the best restaurants, nightlife and culture to be found in the Greatest City in the World!