1095 Madison Street

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Address: 1095 Madison St, Brooklyn, New York, US
Created date: May 5, 2023
Date last updated: March 5, 2024
  • Renovated Bushwick Apartment Building
  •  Twenty Minute Subway Commute into Manhattan | Five
    Blocks to L & Three Blocks to J
  • Owner User Opportunity
  • Tax Class 1
  • Three Free Market Apartments
  • Renovated Apartments with Luxury Finishes

Property Description

Marcus & Millichap is pleased to offer 1095 Madison Street, located between Evergreen Avenue and Central Avenue in the Bushwick section of Brooklyn, New York. The subject property, 1095 Madison Street, is a two-story apartment building that consists of 2 two-bedroom apartments and 1 three-bedroom apartment. The property is built 18.33 feet by 45 feet with approximately 2,475 gross square feet. The property is zoned R6 allowing for approximately 1,558 square feet of available air rights. (Block: 3359, Lot: 56) This property offers investors and owner users the opportunity to purchase a tax class protected renovated apartment building with free market apartments in the Bushwick section of Brooklyn, New York.

Key Property Information

Listing Status: Unavailable
Property Types: Apartment Buildings
Price: $1,600,000
No. of Units: 3
Cap Rate: 4.61%
Year Built: 1910
Building Size: 2,475 Sq ft
Lot Size: 1,833.00 Sq ft
No. of Stories: 2
Zoning Code: R6
Opportunity Zone: No
Price per unit: $533,333
Property Website Click Here
Address: 1095 Madison St

Unit mix

Description No. of Units Sq ft. Avg. Monthly Rent

FINANCIAL DETAILS

Income/expense info: Actual
Gross income: 89884
Operating expenses: 16051
Net operating income: 73833.00

Additional contacts

Full name Phone number Email address
Matthew Fotis 2124305234 [email protected]

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