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Listed price in listed location currency (USD).
$1,968,000
$1,938,000

870

MLS® 850218

  • Key Facts
  • Description
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 3750 sqft
Garage No
Taxes $5,050
Lot Size 0.0388 acres
Approx. Age 1901
Avg. Price Per Sqft $516
MLS® Number 850218

Property Address: 964 Madison St, Brooklyn, NY, 11221-6439

Average square foot calculated using Size range provided by listing agent.

Description

BIG updated 3 family building with finished basement in Bushwick, close to subway, Delivered Vacant, great income potential! Great opportunity for both investors/owner- occupied alike: Located in the vibrant neighborhood of Bushwick, bordering Bedford-Stuyvesant, within a short walk to the Gates Subway station, and Saratoga Park. The property is surrounded by numerous bars, restaurants, cafes, art stores, gyms, pharmacies and many other amenities including a post office, and an Organic Fresh Market which recently opened juat around the corner. This BIG 18.75/50 building of about 3, 750 Sq Ft, is a legal 3 family house, 3 story high, with an additional finished walk-in basement, and a nice backyard. Each of the top 2 floors contains a 3 bedroom/1.5 bathroom apartment. The first floor contains a 2 bedroom/1.5 bathroom garden apartment that has private access to the backyard and its beautiful deck. With minimal modification, combining the first floor with the walk-in basement can create an attractive 4 bedroom/2.5 bathroom duplex apartment, great for owner occupant or increasing the income. This turn of a century Townhouse retains its classic charm although been updated and in excellent shape. The building has high ceilings with Crown molding, abundant natural light throughout, and exposed brick. Each apartment also has its own separate gas heat & hot water, and electric & gas meters. The walk-in basement is fully finished, and has both an interior & street access, and a second exit to the backyard. The building carries low maintenance cost with low property tax, and is very well maintained, including recently replaced hot water heater & Bosch dishwashers. It will be delivered vacant, and with projected income of about $12, 000 a month, GREAT for 1031 exchange.
MLS® Number850218
Laundry Level
Central VacNo
FireplaceNo
Acreage0.0388
Exterior
GarageNo
Approx. Age1901
BasementFinished, Full
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

Oct 15, 2025End Date
$1,968,000Sold Price

Sold

Apr 17, 2025List Date
$1,938,000List Price
  • Commute

Commute

Starting Address
Destination Address
964 Madison St, Brooklyn, NY

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