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Off market
  • $1,724,900

    970 Madison St, Brooklyn, NY 11221

    6beds
    3,752sqft
    MultiFamily
    Built in 1901
    -- sqft lot
    $1,724,900 Zestimate®
    $460/sqft
    $4,170 Estimated rent

    What's special

    Welcome to this Tastefully Modernized Legal 3 Family home that sits on a Beautiful quiet Tree-lined block in the Bushwick area of Brooklyn. This 18.75 X 50, Home sits on a 100 foot Lot with over 4,000 buildable Square Feet. With 3 updated separate Boilers and Hot water Tanks every unit pays its own utilities. With annual expenses including taxes only at 5,600 a year, this home is truly a diamond in the rough with a legitimate 6.8% Cap Rate. Already collecting $4,900 a month from great tenants in the top two units this home is perfect to live and collect rent for your mortgage or a great Investment opportunity to add to any portfolio. The first floor duplex with sole access to the yard is currently vacant but was collecting 3,000 a month and can easily command more. With a seamless commute to Manhattan via the J - M - Z train lines this home provides great transportation options for any families needs. With close proximity to such delicious eateries as Smoothie King, The Platform, or a short walk to blink Fitness, The brooklyn high School For Law & Technology or I.M.A.G.E. art Gallery this home is perfectly situated for all.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 5
    • Full bathrooms: 5
    Appliances
    • Included: Dishwasher, Refrigerator
    Interior area
    • Total interior livable area: 3,752 sqft

    Property

    Lot
    • Size: 1,875 sqft
    Details
    • Parcel number: 033660021

    Construction

    Type & style
    • Home type: MultiFamily
    Condition
    • Year built: 1901

    Community & neighborhood

    Location
    • Region: Brooklyn
    Services availability