Updated 6 years ago
In contract

621 Madison Street

Bedford Stuyvesant, Brooklyn | Lewis Ave & Stuyvesant Ave

Development Site

$700,000
Lot Size20'x100'
ZoneR6
Building TypeVacant Lot
RE Taxes$2,100

Building Amenities

  • Elevator

Property Description for 621 Madison Street

Stuyvesant Heights presents a rare and investment friendly opportunity! A vacant lot located on a beautiful and tree-lined block full of development potential measures at 100x20 sqft. Combined with an adjacent lot (backyard) which measures 40x20 sq ft, making the total square footage available 2800 square feet. There is an additional FAR of 2.0. Possible buildable square footage totaling 4000 sqft+. Just when you thought there was no more land or development opportunity available in Bedford-Stuyvesant, along comes this priced to sell gem. Don't miss out! Survey available upon request. Serious inquiries only!

Listing History for 621 Madison Street

Now
09/10/2020
Contract Signed by Deenie Simpson
Compass
08/23/2020
$700,000 [-$25,000] [3.4%]
Price Drop by Deenie Simpson
Compass

Building Details for 621 Madison Street

OwnershipDevelopment Site
Building TypeVacant Lot
Learn More About the Building

Transit and Citi Bike

Subway

Kosciuszko St
0.48 miles

Citi Bike

Stuyvesant Ave & Gates Ave
0.1 miles
Madison St & Malcolm X Blvd
0.13 miles

Contact Agent

Contact Agent

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: 79348TH