$800,000
Updated 11 years ago
Sold

526 Madison Street

Bedford Stuyvesant, Brooklyn | Marcus Garvey Blvd & Lewis Ave

Multi-Family

$800,000
floors / apts4 / 4
Lot Size20'x42'
Built Size20'x42'
ZoneR5
Building TypeTownhouse
RE Taxes$2,712

This property was sold for $831,000 on 10/02/06.

Listing Features

  • Gas Heat

Building Amenities

  • Voice Intercom

Property Description for 526 Madison Street

> 4 Family brownstone on gorgeous bed stuy tree lined block. > 1 block from Raymond Bush Playground, hardware, supermarket and laundry. > The Brownstone has quite abit of orignial detail and is structurally sound with new roof, upgraded electric and plumbing, new hardwood throughout and recently renovated staircases. > Presently, the building has four apartments, two of which are vacant. > The two tenants currently in the building are excellent tenants, paying $1000 on the parlorfloor and $1050 on the top floor (plus heat and hot water for the top floor tenant). > Neither tenant has a lease so entire building can be vacated on 30 days notice or rents can be renegotiated immediately. > The garden apartment has 2 Br and a large eat-in kitchen with access to a sizable backyard. > The parlor floor and the second floor apartments are both 1 br floor throughs with plenty of detail. > The top floor apartment is a junior 2 Br floor through superbly renovated andmaintained. > Potential rent roll of $5k

Building Details for 526 Madison Street

OwnershipMulti-Family
Building TypeTownhouse
Service LevelVoice Intercom
AccessWalk-up
Year Built1931
Floors/Apts4/4
Learn More About the Building

Transit and Citi Bike

Subway

Kingston-Throop Avs
0.47 miles

Citi Bike

Lewis Ave & Madison St
0.07 miles
Monroe St & Marcus Garvey Blvd
0.11 miles

Contact Agent

Contact Agent

Eric Davis
Corcoran

Bedford Stuyvesant | Brooklyn

Quick Profile

Known for its historic brownstones and tight-knit enclave, Bed-Stuy has increasingly left behind its early reputation for being a “bedroom community” and transcended into a highly desirable neighborhood. 

Distinct for its aesthetic, it is populated with ornate buildings characterized by cornices, friezes, finials, fluting and other marks of classic architecture. Built up during the period from 1870 to 1900, its historic district runs to the north of Jefferson Avenue, to the east of Malcolm X Boulevard and to the west of Tompkins Avenue. 

At one point known as “Brooklyn’s Little Harlem,” the shape of the area has shifted toward attracting a wider demographic of people thanks to the influx of bars, restaurants, antique furniture stores and vintage boutiques. More police enforcement paired with the decline of the crack epidemic at the beginning of the 2000s also opened the door for increased development, as well as the occupation of formerly abandoned buildings and spaces. 

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: 23044TH