964 Madison Street, Brooklyn, NY 11221
- $1,968,000
- 8
- BD
- 7
- BA
- 3,750
- SqFt
- Sold Price
- $1,968,000
- List Price
- $1,938,000
- Status
- CLOSED
- MLS#
- 850218
- Closing Date
- Mar 11, 2026
- Year Built
- 1901
- Levels
- Three Or More
- Style
- Colonial
- Bedrooms
- 8
- Bathrooms
- 7
- Acres
- 0.04
- Living Area
- 3,750
Property 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.
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Additional Information
- Taxes
- $5,050
- Lot Size
- 1,688
- Interior Features
- First Floor Bedroom, First Floor Full Bath, Crown Molding, High Ceilings, Kitchen Island, Open Floorplan, Open Kitchen, Quartz/Quartzite Counters, Recessed Lighting, Storage, Washer/Dryer Hookup
- Flooring
- Hardwood
- Heating
- Natural Gas
- Cooling System Type
- None
- Sewer
- Public Sewer
- Water Source
- Public
- Appliances
- Dishwasher, Gas Cooktop, Gas Oven, Gas Range, Microwave, Oven, Range, Refrigerator, Stainless Steel Appliance(s)
- Fireplaces
- 3
- Basement
- Finished, Full
- Elementary School
- Ps 106 Edward Everett Hale
- Middle School
- Is 349 Math, Science & Technology
- High School
- Bushwick Leaders High School For Academic Excelle
Mortgage Calculator
Listing courtesy of Listing Agent: Ephraim Pizante (a.sanilevich@gmail.com) from Listing Office: Massada Realty Inc.
Listing courtesy of Ephraim Pizante from Massada Realty Inc
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