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111 Madison St, Brooklyn, NY 11216

$2,190,000
Listing Details:
$2,190,000 Price
Townhouse Property Type
Clinton Hill Neighborhood
7 Beds
6 Baths
-- Approx. Sq. Ft.
$796 RET
Key Features:
Laundry
Allows Pets
Rooftop Access
Unit Garden
Description:

111 Madison Street is a modern 5 story, 3 Family Town House boasting over 3,700 square feet of space and a substantial rental income of approximately $132,000 per year. This inviting investment is conveniently located near the Clinton Hill boarder between Franklin Avenue and Bedford Avenues in close proximity to C & A express trains at Nostrand Avenue & Franklin Avenue stations as well as the Franklin Avenue Shuttle. Before ever stepping foot inside this staple investment, future owners and occupants will be welcomed by a vibrant community characterized by an endless array of restaurants, bars, cafs, creative venues and bustling nightlife in Bedford Stuyvesant and neighboring Crown Heights & Clinton Hill and Crown Heights. Enter into a sweeping garden apartment duplex indicative of 111 Madisons aesthetic and upside, featuring recessed lighting, cherry hardwood floors, and large exposures throughout. This convertible 3 bed/2bath duplex features an airy open concept living room leading into a renovated pass through kitchen. Unit 1 features 2 open lean en suite bedrooms leading out to a spacious garden area and concludes with a separate laundry room, a spacious recreational room (convertible bedroom) and bathroom on the lower level. The second floor apartment also offers a convertible 3-bedroom layout. While the unit opens with a spacious and sunny open concept living room leading through a modern pass through kitchen, it concludes with an office/den and 2 king-sized bedrooms overlooking the garden in the rear. 111 Madisons top floor apartment is another sweeping duplex featuring 3 spacious bedrooms and roof deck, including one lofted ceiling bedroom, suitable as a secluded master suite with immediate outdoor access. Generate monthly income in this rent ready building or renovate for even more upside! call Mark and Michelle Today!

Listing courtesy of The Corcoran Group

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