Updated 5 years ago
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1032 Madison Street
Bushwick, Brooklyn | Bushwick Ave & Evergreen Ave
11 Rooms4 Beds5 Baths2,400 Square FeetSingle Family
$1,499,000
floors / apts2 / 1
Lot Size20'x100'
Built Size20'x40'
ZoneR6
Building TypeHouse
RE Taxes$2,940
Price Per SF
$625
This property was sold for $1,499,000 on 09/22/21.
Outdoor space and views
- Porch
Property Description for 1032 Madison Street
Enjoy quintessential Bushwick living in this meticulously gut-renovated, two-family townhouse sitting on a 20'x100' lot. With 3200 sq.ft. of total usable space, this beautifully appointed home has a sweeping 2.5BR/3BTH owner's duplex spread over 1200 sq.ft. on the main level plus 800 sq.ft. in the finished rec. room and nearly 600 sq.ft. of private outdoor space that includes a sunny, landscaped garden. The upper rental unit has an additional 1200 sq.ft. laid out as a spacious 2BR/2BTH - turn key ready to collect additional rental income to offset the already low carrying costs.
Stepping up the stoop to 1032 Madison St., one can immediately take advantage of having that rare porch that is still attached to the house, and sit out enjoying gardening or a having a sunset cocktail on those nice Summer days. The grey stucco facade has stylish and modern black trim details, with paneled wood door and beautiful paned windows.Highlights include 9.5' high ceilings in both units, an expansive wall of Pella windows allowing for great natural sunlight, decorative fireplaces with exposed brick, W/D in unit, and solid 5" wide Oak hardwood floors. The open concept kitchens are outfitted with white lacquered cabinetry, quartz countertops, pendant lighting over a large center island for plenty of room for storage/prep, and a stainless steel Samsung appliance package with double French door refrigerator, front loading dishwasher, and 5-burner gas stove including exterior venting hood for the serious chef. Â
1032 Madison Street is situated in the midst of prime Bushwick, where the friendly and diverse community is reflected in the variety of establishments available; from restaurants & breweries, to farmer's markets, art galleries, creative collectives/studios, music venues, and more. Local favorites include: Caffeine Underground, Evil Twin Brewing NYC, Bakkus Wines, Halsey Ale House, Bridge & Tunnel Brewery, Phil's, Bushwick Taco Co., Barchaa, Angela's Bakery, Father Knows Best, Nowadays, Lady Moo Moo, The Wilky, Toad Style, Sonora, Trad Room, GrandChamps, and Love Nelly. Â
With great rental income potential, low real estate taxes and 2,460 sq. ft. of additional FAR available, this beautiful townhouse makes for both a smart primary residence as well as an investment. For an easy commute into Manhattan, the J train at Gates Ave. is just 4 blocks away.
Stepping up the stoop to 1032 Madison St., one can immediately take advantage of having that rare porch that is still attached to the house, and sit out enjoying gardening or a having a sunset cocktail on those nice Summer days. The grey stucco facade has stylish and modern black trim details, with paneled wood door and beautiful paned windows.Highlights include 9.5' high ceilings in both units, an expansive wall of Pella windows allowing for great natural sunlight, decorative fireplaces with exposed brick, W/D in unit, and solid 5" wide Oak hardwood floors. The open concept kitchens are outfitted with white lacquered cabinetry, quartz countertops, pendant lighting over a large center island for plenty of room for storage/prep, and a stainless steel Samsung appliance package with double French door refrigerator, front loading dishwasher, and 5-burner gas stove including exterior venting hood for the serious chef. Â
1032 Madison Street is situated in the midst of prime Bushwick, where the friendly and diverse community is reflected in the variety of establishments available; from restaurants & breweries, to farmer's markets, art galleries, creative collectives/studios, music venues, and more. Local favorites include: Caffeine Underground, Evil Twin Brewing NYC, Bakkus Wines, Halsey Ale House, Bridge & Tunnel Brewery, Phil's, Bushwick Taco Co., Barchaa, Angela's Bakery, Father Knows Best, Nowadays, Lady Moo Moo, The Wilky, Toad Style, Sonora, Trad Room, GrandChamps, and Love Nelly. Â
With great rental income potential, low real estate taxes and 2,460 sq. ft. of additional FAR available, this beautiful townhouse makes for both a smart primary residence as well as an investment. For an easy commute into Manhattan, the J train at Gates Ave. is just 4 blocks away.
Building Details for 1032 Madison Street
OwnershipSingle Family
Building TypeHouse
AgePre-War
AccessWalk-up
Year Built1910
Floors/Apts2/1
Transit and Citi Bike
Subway
Gates Av
0.26 miles
Halsey St
0.27 miles
Citi Bike
Madison St & Evergreen Ave
0.07 miles
Jefferson Ave & Evergreen Ave
0.15 miles
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: 80797TH
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