Updated 5 years ago
Sold
387 Madison Street
Bedford Stuyvesant, Brooklyn | Tompkins Ave & Throop Ave
16 Rooms8 Beds3.5 Baths3,160 Square FeetMulti-Family
$1,250,000
floors / apts3 / 3
Lot Size20'x100'
Built Size20'x52'
ZoneR6B
Building TypeTownhouse
RE Taxes$5,172
Price Per SF
$396
This property was sold for $1,250,000 on 04/09/21.
Property Description for 387 Madison Street
BACK ON THE MARKET / DELIVERED VACANT / REDUCED PRICE!
Hey Home Buyer who love those "Fix-It Yourself" cable shows, here's an opportunity to buy a Brownstone and make your own "Before & After" home video!
We have an ALL CASH "AS IS" four-story, three family, 20' wide Brownstone that boasts a 6 room, 1 1/2 bath owner's lower duplex and two 5 room rentals (top floor is recessed) on a prime Bedford Stuyvesant block.
There is a total of 16 rooms with 6 bedrooms that can easily be converted to 8.
As you physically layout your perfect place to call home you are also putting your personal energy into the entire structure.
The joy of hands-on home ownership will attract just the right people to share space with you. They will happily pay market rent to do so.
Listing History for 387 Madison Street
Now
04/09/2021
$1,250,000
Sold and Closed by Keith Frazier
Compass
01/11/2021
Contract Signed by Keith Frazier
Compass
Building Details for 387 Madison Street
OwnershipMulti-Family
Building TypeTownhouse
AgePre-War
AccessWalk-up
Year Built1910
Floors/Apts3/3
Transit and Citi Bike
Subway
Kingston-Throop Avs
0.42 miles
Citi Bike
Monroe St & Tompkins Ave
0.1 miles
Putnam Ave & Throop Ave
0.1 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: 76524TH
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