494 Madison St, Brooklyn, NY 11221

Located on a quiet, tree-lined block in historic Stuyvesant Heights, this classic four story brownstone beauty boasts a spacious owner's duplex with two income-generating rentals. Whether you use the rental income to pay for your mortgage or convert this three-family into a magnificent single family home, you can easily own a brownstone in one of Brooklyn's most stunning and friendly neighborhoods for the cost of a condo with FHA financing and 3.5% down. The owner's duplex is on the garden and parlor floor and it features three bedrooms and two bathrooms. Enjoy cooking in your spacious eat-in-kitchen, which has been beautifully renovated with a granite counter island and stainless steel appliances. The private garden located just off the kitchen is perfect for your vegetable garden and for entertaining both inside and out. Enjoy the best of old world charm with original details throughout the building including restored exposed brick, decorative fireplaces, plantation shutters, moldings, and original hardwood floors, while also enjoying the best of modern convenience with upgraded mechanicals. While this once primarily residential neighborhood still maintains it's intimate charm, several excellent restaurants, coffee shops, and art galleries, such as Zagat rated Peaches and Bread Stuy, now thrive in the area. Located a short walk to the A/C subways, Manhattan is just a 20 minute ride away. (Internet 5738527-3/3/2011)