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PROPERTY METRICS

  • Price / sq ft 611
  • Price 1650000
  • Property Type Multifamily
  • City Brooklyn
  • State NY
  • Zip 11221
  • SqFt 2700

PROPERTY DETAILS

639 Madison Street, a two-family building located between Stuyvesant Avenue and Malcolm X Boulevard in the Bedford-Stuyvesant neighborhood of Brooklyn, NY. The subject property is built 20 ft x 45 ft and consists of 3 floors. It sits on a 20 ft x 100 ft, R6B-zoned lot (Block: 1641, Lot: 65).
The property totals 2,700 square feet and consists of two free market apartments. The first floor is a large 1-bedroom 1-bath apartment with access to a sizeable backyard. The second and third floors are a duplex apartment with 3 bedrooms and 2 bathrooms. It also consists of two walk-in closets, and a large living and family room. All of the units are in great condition and require minimal capital investment for a condominium conversation. The building also represents an ideal single-family home conversion opportunity.

The subject property is located in an beautiful section of Bedford-Stuyvesant. The quiet, tree-lined streets feature historic brownstones and the property is steps from the Stuyvesant Heights Historic District. The building is in close proximity to both the Utica Avenue “A,C” and Gates Avenue “J,Z” Subway Stations.

Investors have the opportunity to purchase a gorgeous two-family home located right in the heart of Bedford-Stuyvesant.

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