Updated 3 years ago
Sold
1042 Madison Street
Bushwick, Brooklyn | Bushwick Ave & Evergreen Ave
12 Rooms5 Beds2 Baths1,980 Square FeetMulti-Family
$1,180,000
floors / apts2 / 2
Lot Size25'x100'
Built Size22'x45'
ZoneR6
Building TypeHouse
RE Taxes$2,352
Price Per SF
$596
This property was sold for $1,180,000 on 11/17/23.
Listing Features
- High Ceilings
- Moldings
- Gas Heat
- Through The Wall
Outdoor space and views
- East Exposure
- North Exposure
- South Exposure
- West Exposure
Property Description for 1042 Madison Street
Your next home or investment opportunity awaits – don’t miss this golden chance! This exceptional 5-bedroom, 2-bathroom configured as a 2-family home, strategically positioned near the J and Z subway lines as well as the B60 and Q24 bus routes, offers versatile options for both homeowners and developers seeking investment opportunities.
Situated on a quiet, tree-lined block, this beautiful multi-family is nestled on a 25 ft x 100 ft lot and building features a newly finished basement.
Entire home will be delivered vacant.
For Homebuyers:
Step inside and discover a spacious, sunlit interior that’s perfect for creating lasting memories. Enjoy thoughtful features, including skylights in the second-floor hallway and bathroom, flooding these spaces with natural radiance. For outdoor enthusiasts, the expansive cemented yard and pavers offer the perfect setting for leisure and recreation. The home also features wood burning fireplaces and hardwood floors.
Whether you choose to occupy one unit and rent out the other, or if you’re looking for space for extended family, this property offers versatile living options. The roof has been replaced just five years ago, ensuring durability and peace of mind for years to come.
For Developers:
This property is not only a perfect home but also an excellent investment opportunity. The R6 zoning and spacious lot provide potential for expansion or redevelopment projects. Whether you’re interested in renovating and enhancing the existing structure or exploring new development possibilities, this property offers promising potential for a profitable venture with over 4000+ unused FAR to tap into. This residence has an allowed usable floor area of 6,073 and FAR as built 0.79.
Inquire today for additional information, and make this 2-family property your next home or investment. Act now and schedule a private showing with a 48-hour notice. Your future home or development opportunity awaits!
Situated on a quiet, tree-lined block, this beautiful multi-family is nestled on a 25 ft x 100 ft lot and building features a newly finished basement.
Entire home will be delivered vacant.
For Homebuyers:
Step inside and discover a spacious, sunlit interior that’s perfect for creating lasting memories. Enjoy thoughtful features, including skylights in the second-floor hallway and bathroom, flooding these spaces with natural radiance. For outdoor enthusiasts, the expansive cemented yard and pavers offer the perfect setting for leisure and recreation. The home also features wood burning fireplaces and hardwood floors.
Whether you choose to occupy one unit and rent out the other, or if you’re looking for space for extended family, this property offers versatile living options. The roof has been replaced just five years ago, ensuring durability and peace of mind for years to come.
For Developers:
This property is not only a perfect home but also an excellent investment opportunity. The R6 zoning and spacious lot provide potential for expansion or redevelopment projects. Whether you’re interested in renovating and enhancing the existing structure or exploring new development possibilities, this property offers promising potential for a profitable venture with over 4000+ unused FAR to tap into. This residence has an allowed usable floor area of 6,073 and FAR as built 0.79.
Inquire today for additional information, and make this 2-family property your next home or investment. Act now and schedule a private showing with a 48-hour notice. Your future home or development opportunity awaits!
Building Details for 1042 Madison Street
OwnershipMulti-Family
Building TypeHouse
AgePre-War
AccessWalk-up
Year Built1910
Floors/Apts2/2
Transit and Citi Bike
Subway
Gates Av
0.27 miles
Halsey St
0.29 miles
Citi Bike
Madison St & Evergreen Ave
0.05 miles
Jefferson Ave & Evergreen Ave
0.15 miles
Contact Agents
Contact Agents
Quincy Bee
Nest Seekers International
Bianca D'Alessio
Nest Seekers International
Jeanne Park
Nest Seekers International
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: 83477TH
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