Welcome to 972 Madison St., a historic townhouse originally built in 1910, now transformed into three distinct living spaces. The parlor level features a spacious two-bedroom, two-bathroom apartment. The two bedrooms, situated at the rear of the building, open up to a large private yard. The primary bedroom includes its own full bathroom for added convenience. Moving up to the second floor, you'll find a three-bedroom, two-bathroom apartment offering ample space and comfort. The top floor boasts high ceilings and a sun-drenched skylight, creating a bright and inviting atmosphere for the four bedrooms and two full bathrooms. Additionally, a large finished basement with an extra half bath provides versatile space and direct access to the yard. This space can easily be connected to the first floor unit creating a spacious duplex that works well for an owner-occupier or for an investor to be able to achieve a higher rent roll. Each unit is thoughtfully equipped with stainless steel appliances, including a dishwasher and a microwave, as well as split AC units and in-unit laundry. This beautifully reimagined townhouse is ideally located on the border of Bushwick and Bedstuy, just moments away from popular dining spots such as Cafe Underground, Cuts & Slices, and Trad Room. Residents will also appreciate the proximity to local parks, including Saratoga Park. With convenient access to public transportation, including the J/M trains, and a short 20-minute drive to JFK Airport, this property offers exceptional desirability. The property is newly renovated and will be delivered vacant. Based on projected rents the CAP rate is approx. 6%. Please reach out directly for full pro forma and rental comps.

 

 

Mortgage Calculator

Price

Down Payment

Mortgage Terms (in years)

Interest Rate (%)

Monthly Real Esate Tax

Monthly Charges