$995,000
Updated 11 years ago
Off Market

462 Madison Street

Bedford Stuyvesant, Brooklyn | Throop Ave & Marcus Garvey Blvd

Development Site

$995,000
Lot Size25'x100'
ZoneR6B
Building TypeDevelopment Site
RE Taxes$3,397

Building Amenities

  • Elevator

Property Description for 462 Madison Street

The subject property is a residential development site with potential for 5,000 buildable square feet in Bedford-Stuyvesant, Brooklyn. The property is located on a tree-lined block consisting mostly of brownstones and historic houses. Public transportation is located nearby with the Kingston-Throop Avenue C train station on Fulton Street, offering convenient access to Downtown Brooklyn and Manhattan within 20 minutes. Take advantage of this opportunity to develop in one of Brooklyn’s most rapidly maturing neighborhoods.

Listing History for 462 Madison Street

Now
11/19/2015
POM by Michael Amirkhanian
Cushman & Wakefield
06/05/2015
$995,000
Initial Price by Michael Amirkhanian
Cushman & Wakefield

Building Details for 462 Madison Street

OwnershipDevelopment Site
Building TypeDevelopment Site
Learn More About the Building

Transit and Citi Bike

Subway

Kingston-Throop Avs
0.41 miles

Citi Bike

Monroe St & Marcus Garvey Blvd
0.08 miles
Putnam Ave & Throop Ave
0.09 miles

Contact Agents

Contact Agents

Michael Amirkhanian
Cushman & Wakefield
Robert Moore
Cushman & Wakefield

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: 59227TH