Updated 5 years ago
Off Market
98 Madison Street
Bedford Stuyvesant, Brooklyn | Franklin Ave & Bedford Ave
10 Rooms6 Beds4 Baths2,520 Square FeetMulti-Family
$2,495,000
floors / apts4 / 3
Lot Size18'x100'
Built Size18'x35'
ZoneR6B
Building TypeTownhouse
RE Taxes$1,922
Price Per SF
$990
Building Amenities
- Garden
Property Description for 98 Madison Street
Introducing 98 Madison Street, a turn-key four-story, three-family red brick investment opportunity can be a choice purchase towards a 1031 Exchange.
This income-generating property has great tenants who are paying market rents that would love to stay.
For an end-buyer, as always, a townhouse floor plan should be conceived to suit your needs. Your family living in the upper-triplex with just a garden rental unit is one of several layout choices that are available to you.
This listing portrays the modern yet eclectic uniqueness of a much-enjoyed home that boasts two outdoor spaces and a partially renovated basement that allows for expanded living space for the occupants.
Homes like this are in high demand so let's make sure we get you on the calendar.
Listing History for 98 Madison Street
Now
06/03/2021
TOM by Keith Frazier
Compass
05/24/2021
$2,495,000
Initial Price by Keith Frazier
Compass
Building Details for 98 Madison Street
OwnershipMulti-Family
Building TypeTownhouse
AgePre-War
AccessWalk-up
Year Built1905
Floors/Apts4/3
Transit and Citi Bike
Subway
Franklin Av
0.2 miles
Nostrand Av
0.35 miles
Bedford-Nostrand Avs
0.4 miles
Classon Av
0.43 miles
Citi Bike
Monroe St & Bedford Ave
0.11 miles
Hancock St & Bedford Ave
0.14 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: 81297TH
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