$1,300,000
Updated 6 years ago
Sold

1382 Madison Street

Bushwick, Brooklyn | Irving Ave & Ridgewood Place

13 Rooms5 Beds3 Baths2,700 Square FeetMulti-Family

$1,300,000
floors / apts2 / 3
Lot Size20'x100'
Built Size20'x45'
ZoneR6
Building TypeTownhouse
RE Taxes$3,943
Price Per SF
$481

This property was sold for $1,300,000 on 09/18/20.

Outdoor space and views

  • Backyard

Property Description for 1382 Madison Street

VACANT - Prime Bushwick Investment Opportunity! This turn-key, three unit, brick building is the perfect addition to your portfolio or first investment. The building measures 20' x 45' on a 100' lot and has additional FAR. The garden apartment is a 1 bed, 1 bath with huge backyard and has an updated kitchen with stainless steel appliances. Apartment 2 features 2 large bedrooms, 1 bathroom and a windowed kitchen with stainless steel appliances. Apartment 3 features two large bedrooms, 1 bathroom, a home office and a windowed kitchen with stainless steel appliances. The building mechanicals were updated within the past few years and are all well maintained. Located in prime Bushwick, 1.5 Blocks to Myrtle Wychoff L & M.

Listing History for 1382 Madison Street

Now
09/22/2020
$1,300,000
Sold and Closed by Michael Pacifico
Corcoran
08/03/2020
Contract Signed by Michael Pacifico
Corcoran

Building Details for 1382 Madison Street

OwnershipMulti-Family
Building TypeTownhouse
AgePre-War
AccessWalk-up
Year Built1910
Floors/Apts2/3
Learn More About the Building

Transit and Citi Bike

Subway

Myrtle-Wyckoff Avs
0.17 miles
Halsey St
0.36 miles
Seneca Av
0.4 miles
Knickerbocker Av
0.49 miles

Citi Bike

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

Contact Agent

Contact Agent

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: 79111TH