$2,900,000
Updated 7 years ago
Sold

1381 Madison Street

Bushwick, Brooklyn | Irving Ave & Ridgewood Place

4,350 Square FeetIncome Property

$2,900,000
floors / apts3 / 6
Lot Size25'x80'
Built Size25'x58'
ZoneR6
Building TypeTownhouse
RE Taxes$11,372
Price Per SF
$667

This property was sold for $2,900,000 on 09/25/19.

Building Amenities

  • Laundry Room

Property Description for 1381 Madison Street

B6 Real Estate Advisors has been retained on an exclusive basis to arrange for the sale of 1381 Madison Street, a turn key fully renovated walk-up building in the Bushwick neighborhood of Brooklyn. • 1381 Madison Street is a 25’ x 58’ six family, consisting of 4,350 SF across three stories. • The property underwent a full renovation of all units, common areas, mechanicals, and roof, offering an easy to manage investment. • Building benefits from laundry room for all in basement, and individual central air conditioning and heat for each unit. • The property also benefits from close proximity to many of Bushwick’s already flourishing art galleries, night life, and dining options.

Listing History for 1381 Madison Street

Now
09/25/2019
$2,900,000
Sold and Closed by DJ Johnston
B6 Real Estate Advisors
03/28/2019
$3,400,000
Initial Price by DJ Johnston
B6 Real Estate Advisors

Building Details for 1381 Madison Street

OwnershipIncome Property
Building TypeTownhouse
AgePre-War
AccessWalk-up
Year Built1931
Floors/Apts3/6
Learn More About the Building

Transit and Citi Bike

Subway

Myrtle-Wyckoff Avs
0.15 miles
Halsey St
0.39 miles
Seneca Av
0.41 miles
Knickerbocker Av
0.46 miles

Citi Bike

Irving Ave & Palmetto St
0.09 miles
Putnam Ave & Wyckoff Ave
0.12 miles

Contact Agents

Contact Agents

DJ Johnston
B6 Real Estate Advisors
Bryan Kirk
B6 Real Estate Advisors
William Cheng
B6 Real Estate Advisors

Bushwick | Brooklyn

Quick Profile

As one of the most diverse neighborhoods in New York, Bushwick offers a perfect snapshot of just how multicultural the city is. Long-established as an amalgam of cultures and ethnicities, a wave of varying types of immigrants trickled in from the seventeenth to twentieth centuries, with Bushwick largely becoming a home to Hispanics of Puerto Rican and Dominican backgrounds by the latter part of the twentieth century. 

With the Bushwick Initiative of the mid-00s that aided in revitalization, it became an attractive area to young professionals and artists. And even now, Bushwick has sustained affordable rent prices where other North Brooklyn counterparts, like Williamsburg and Greenpoint, have become more expensive. Priding itself on the weird and the wacky, numerous art collectives thrive in this part of Brooklyn, once famously named the seventh coolest neighborhood in the world by Vogue. 

Though it has drawn in many tourists in recent years (there’s even a graffiti tour you can take from the Bushwick Collective), the neighborhood remains very much community-oriented, and has not been subject to quite the same sort of corporate infiltration phenomenon of its nearby Williamsburg environs. 

But yes, of course, Bushwick has come a very long way from its 80s and 90s reputation as being “The Well,” a nickname given to it for its free-flowing and widely available amount of drugs (quantity over quality being the cliche applied here). 

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 75651TH