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$3,479,000
List Price: $3,550,000
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116 Madison Street
Townhouse in Bedford-Stuyvesant •  building info
8bd • 5ba • 2,280ft² $1,557 per ft²
Buy with Yoreevo

$3,479,000

List Price

$3,550,000

Key Details
Days on market
88
Last price change
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Estimated payment
$20,573
Taxes
$378
Monthly maintenance
N/A
Description
Prime Investment Opportunity in BedStuy West 5-Family Townhouse on Madison Street Located in the highly desirable BedStuy West, this newly renovated five-family townhouse on Madison Street offers an exceptional investment opportunity. With a Certificate of Occupancy already in place, this property is fully turnkey and ready to generate income from day one. Each unit has been meticulously renovated, featuring modern amenities designed for comfortable living, including split-system heating and cooling for year-round comfort, stainless steel appliances for a sleek, contemporary kitchen, and in-unit washers and dryers for added convenience. The renovations have seamlessly blended modern finishes with the timeless charm of this classic Brooklyn townhouse. Set in one of Brooklyns most sought-after neighborhoods, this property is surrounded by popular cafes, restaurants, and shops, all while offering easy access to public transportation. The BedStuy rental market remains robust, ensuring a consistent stream of potential tenants for this five-family residence. This property is ideal for investors looking to capitalize on Brooklyns ever-growing market with minimal hassle and maximum return. Dont miss out on this rare chance to own in prime BedStuy West!

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Important Stuff
Washer/Dryer in unit
Pets allowed
Listing Amenities
Hardwood floors
Dishwasher
Central Air
Building Amenities
Fios Available
Laundry in Building
Outdoor Space
Garden
Balcony
Building info

History
Past Listing Photos
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What it'll cost
Purchase price
$3,550,000
Asking Price: $3,550,000
Term
30 Years
Down Payment
$355,000 (10%)
Min: 10% (355,000)
Rate
6.5 %
Mortgage Amount
$3,195,000
Mortgage Payment
$20,195
Taxes
$378
Estimated Yoreevo rebate
$71,000
Estimated closing cost
$135,000
Total monthly cost $20,573
Buy your dream home with us and get an estimated $71,000 rebate.
Rebates vary by sale price, market and are subject to a minimum commission.
Listing Courtesy of Compass

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