$2,190,000
Updated 8 years ago
Sold

111 Madison Street

Bedford Stuyvesant, Brooklyn | Franklin Ave & Bedford Ave

13 Rooms7 Beds6 Baths4,959 Square FeetRental Property

$2,190,000
floors / apts5 / 3
Lot Size18'x100'
Built Size19'x87'
ZoneR6B
Building TypeTownhouse
RE Taxes$9,557
Price Per SF
$442

This property was sold for $2,190,000 on 08/06/18.

Listing Features

  • Central AC

Outdoor space and views

  • Backyard
  • Garden
  • Terrace

Building Amenities

  • Garden
  • Gated Entry
  • Laundry Room
  • Roof Deck

Property Description for 111 Madison Street

111 Madison Street is a modern 5 story, 3 Family Town House boasting over 3,700 square feet of space and a substantial rental income of approximately $132,000 per year. This inviting investment is conveniently located near the Clinton Hill boarder between Franklin Avenue and Bedford Avenues in close proximity to C & A express trains at Nostrand Avenue & Franklin Avenue stations as well as the Franklin Avenue Shuttle. Before ever stepping foot inside this staple investment, future owners and occupants will be welcomed by a vibrant community characterized by an endless array of restaurants, bars, cafs, creative venues and bustling nightlife in Bedford Stuyvesant and neighboring Crown Heights & Clinton Hill and Crown Heights. Enter into a sweeping garden apartment duplex indicative of 111 Madisons aesthetic and upside, featuring recessed lighting, cherry hardwood floors, and large exposures throughout. This convertible 3 bed/2bath duplex features an airy open concept living room leading into a renovated pass through kitchen. Unit 1 features 2 open lean en suite bedrooms leading out to a spacious garden area and concludes with a separate laundry room, a spacious recreational room (convertible bedroom) and bathroom on the lower level. The second floor apartment also offers a convertible 3-bedroom layout. While the unit opens with a spacious and sunny open concept living room leading through a modern pass through kitchen, it concludes with an office/den and 2 king-sized bedrooms overlooking the garden in the rear. 111 Madisons top floor apartment is another sweeping duplex featuring 3 spacious bedrooms and roof deck, including one lofted ceiling bedroom, suitable as a secluded master suite with immediate outdoor access.

Building Details for 111 Madison Street

OwnershipRental Property
Building TypeTownhouse
AgePost-War
AccessWalk-up
Year Built2006
Floors/Apts5/3
Learn More About the Building

Transit and Citi Bike

Subway

Franklin Av
0.24 miles
Nostrand Av
0.36 miles
Bedford-Nostrand Avs
0.36 miles
Classon Av
0.41 miles

Citi Bike

Monroe St & Bedford Ave
0.07 miles
Hancock St & Bedford Ave
0.16 miles

Contact Agents

Contact Agents

Mark Martov
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: 53625TH