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$2,363,015
List Price: $2,399,000
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972 Madison Street
Townhouse in Bushwick •  building info
9bd • 6.5ba • 3,583ft² $670 per ft²
Buy with Yoreevo

$2,363,015

List Price

$2,399,000

Key Details
Days on market
168
Last price change
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Estimated payment
$12,348
Taxes
$217
Monthly maintenance
N/A
Description
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.

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Important Stuff
Washer/Dryer in unit
Cats and Dogs allowed
Listing Amenities
Hardwood floors
Dishwasher
Central Air
Building Amenities
Fios Available
Community Recreation Facility
Outdoor Space
Garden
Building info

History
What it'll cost
Purchase price
$2,399,000
Asking Price: $2,399,000
Term
30 Years
Down Payment
$479,000 (20%)
Min: 20% (479,000)
Rate
6.5 %
Mortgage Amount
$1,919,200
Mortgage Payment
$12,131
Taxes
$217
Estimated Yoreevo rebate
$35,985
Estimated closing cost
$83,000
Total monthly cost $12,348
Buy your dream home with us and get an estimated $35,985 rebate.
Rebates vary by sale price, market and are subject to a minimum commission.
Listing Courtesy of Compass

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