780 Madison Street

About this property

Where's the deal. Motivated Seller calling for all offers now. 780 Madison Street is located in the Stuyvesant Height's Neighborhood of Brooklyn on a quintessential tree lined residential street overlooking an expansive public park and playground. The building consists of 3 free market renovated rental apartments with each unit situated on a full floor. The apartments have high ceilings and kitchens with stainless-steel appliances. The first floor is a duplex connected to the building's lower level which offers a large finished basement configured for recreation space/home office. Common area located in the basement includes potential for laundry room and appliances. This walk-up, 5,750 square foot (25 sf x 60 sf), apartment building has benefitted from a renovation in 1999. The capital expenditure updated apartment kitchens, bathrooms, and, upgraded fuse boxes to circuit breakers, plumping, new boiler/hot water heater and roof. All apartments are sub-metered. Prized within the NYC real estate investment landscape a free-market residential building offers a variety of choices; flexible goals for investors, owner-occupancy and the value-add purchaser.

Listing courtesy of Louis Puopolo