585 Madison Street

Bedford Stuyvesant, Brooklyn | Lewis Ave & Stuyvesant Ave

15 Rooms8 Beds8 Baths3,150 Square FeetIncome Property

$2,675,000

floors / apts4 / 8

Lot Size20'x100'

Built Size20'x45'

ZoneR6B

Building TypeTownhouse

RE Taxes$8,116

Price Per SF

$849

Outdoor space and views

Backyard

Building Amenities

Laundry Room

Property Description for 585 Madison Street

Townhouse located on one of the most beautiful tree-lined block in Stuyvesant Heights. Completely Brownstone flanked. Currently configured as eight rental units, but easily converted to condominiums like your neighboring townhouse. Alternatively, if you are dreaming of your own amazing single-family mansion, this is an excellent brownstone block to call home. You have many options and endless opportunities with this fantastic townhouse in a great location.All eight units are free market rent with leases expiring within the next twelve months. The units feature exposed brick, hardwood floors, high ceilings and sun-drenched with natural light. Recent renovations include new bathrooms, new kitchens and new individual boilers for each unit. This twenty feet wide townhouse, sits on a hundred square foot lot with plenty of outdoor space. Estimated taxes $8,115.*Built 1931*8 Units*Zone R6B*Unused FAR 850Built 20 x 45Lot 20 x 100

Building Details for 585 Madison Street

OwnershipIncome Property

Building TypeTownhouse

AgePre-War

AccessWalk-up

Year Built1931

Floors/Apts4/8

Learn More About the Building

Transit and Citi Bike

Citi Bike

Lewis Ave & Madison St

0.1 miles

Stuyvesant Ave & Gates Ave

0.12 miles

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: 75795TH

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