$1,475,000
Updated 10 years ago
Off Market

229 Madison Street

Bedford Stuyvesant, Brooklyn | Nostrand Ave & Marcy Ave

9 Rooms5 Beds4 Baths2,324 Square FeetMulti-Family

$1,475,000
floors / apts3 / 2
Lot Size13'x100'
Built Size13'x43'
ZoneR6B
Building TypeTownhouse
RE Taxes$3,170
Price Per SF
$635

Listing Features

  • Original Details

Outdoor space and views

  • Backyard

Building Amenities

  • Gated Entry
  • Stoop Entry

Property Description for 229 Madison Street

Why buy an apartment when you can buy a brownstone? This deep four-story townhouse is the perfect opportunity for the savvy buyer who seeks a charming 2-bedroom duplex apartment to live in, with high income potential from the 2nd duplex to pay off your long term investment. Also great for two buyers looking to partner up! If you are a 1031 buyer or an investor only, this house has very high and immediate rental income history. Simple improvements could increase the monthly return or create a wonderfully unique home! Beautiful original details remain in the floors, mantles, and plaster work. Currently set up with two kitchens on the garden and third floor. There are five bedrooms and four full bathrooms. The north facing garden is open and airy and ready for spring! Come and see this unique home on a beautiful Bedford-Stuyvesant tree-lined street just five blocks from the Nostrand AC station, a short distance to Clinton Hill, and surrounded by the many amenities of Nostrand, Bedford, and Franklin Avenues!

Listing History for 229 Madison Street

Now
06/02/2016
POM by Nadine Adamson
Brown Harris Stevens
02/17/2016
Contract Signed by Nadine Adamson
Brown Harris Stevens

Building Details for 229 Madison Street

OwnershipMulti-Family
Building TypeTownhouse
AgePre-War
AccessWalk-up
Year Built1910
Floors/Apts3/2
Learn More About the Building

Transit and Citi Bike

Subway

Nostrand Av
0.32 miles
Bedford-Nostrand Avs
0.37 miles
Franklin Av
0.44 miles

Railroad

Nostrand AvenueLong Island Rail Road
0.47 miles

Citi Bike

Putnam Ave & Nostrand Ave
0.07 miles
Marcy Ave & Gates Ave
0.17 miles

Contact Agents

Contact Agents

Nadine Adamson
Brown Harris Stevens
Kelsey Hall
Brown Harris Stevens

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: 63169TH