A rare Brooklyn investment opportunity with a strong cap rate and low expenses, now is the time to take advantage of interest rates with this 6 unit-building. This strong location is great for renters or an investor looking to redevelop into Condos.
904 Madison Street is a walk-up building in the Bedford Stuyvesant neighborhood of Brooklyn.
Redevelop into Condos or Renovate and Rent
904 Madison Street is a 20 x 40 six-unit apartment building consisting of 2,900 SF across three stories with 1,100 SF unused FAR.
The building comprises of vacant 4 one-bedroom units and 2 studio apartments.
The property is located within walking distance to Myrtle Avenue and Broadway retail corridors.
Multiple transportation options are available with both the J train within two blocks at Broadway station or the M train within close proximity to the Myrtle Avenue station, both providing easy access to Williamsburg and Manhattan.