Welcome to 241A Madison Street, a spacious three-family residence offering versatility for both end-users and investors. Built in 2012, this modern 20-foot-wide townhouse spans over 4,000 square feet and sits on a 50-foot-deep lot along a beautiful tree-lined brownstone block in Bedford-Stuyvesant.
The property is composed of three distinct homes:
Owner's Duplex with Roof Deck - A sun-filled 3-bedroom, 2-bathroom duplex that includes private access to a rooftop retreat.
Full-Floor Residence - A 2-bedroom, 2-bathroom home with an efficient layout and abundant natural light.
Garden Duplex with Backyard - A 3-bedroom, 2.5-bathroom duplex featuring direct access to a private backyard, ideal for outdoor entertaining or relaxation.
With its flexible configuration, this property is an excellent option for an owner-occupant seeking income from two rental units, or as a pure investment opportunity. The home can generate approximately $170,000 annually, making it a strong cash-flowing asset in addition to a beautiful place to live.
Situated on a charming brownstone street just a short walk from the A and C trains at Nostrand Avenue, 241A Madison offers both comfort and convenience in one of Brooklyn's most vibrant neighborhoods.
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.