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4 Story Walk Up | 9 Units

$3,100,000

252 Madison Street, Brooklyn, NY 11216

Active
Last Updated: 11/03/2022

144,008

NOI

9,500 sqft

Building Size

Details:
NOI:    $144,008
Building Size:    9,500 sqft
Year Built:    1920
Zoning:    R5D
Floors:    4
Highlights:
  • Block/Lot - 1823 / 33
  • Building Size - 28.96 x 82
  • Lot Dimensions - 28.96 x 100
Description:

• With 29’ of frontage, and side air/light shafts, this property offers large unit layouts with plenty of light and air, allowing 3-4 Bedroom units. The common areas of the building have been recently renovated.

• The building comprises of approximately 9,500 Gross SF, and includes 9 residential apartments, including a legal basement unit.

• Property will be delivered with two vacant units, immediately ready for
construction.

• 5 of the 9 units are significantly under market, representing an enormous upside potential over time.

• The building is on a charming brownstone tree-lined street.

• The A and C trains are located nearby at Fulton and Nostrand, providing quick access to destinations in Downtown Brooklyn and Manhattan.

Map:
Documents:
Title
252__Madison_Street-_Exclusive.pdf
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Location
Gallery