780 Madison Street is a townhouse styled building located in Brooklyn, New York. Currently configured as 3 apartment units with consistent cash-flow the opportunity is perfect for any owner-user or investor. This 5,750 square foot (25 sf x 60 sf) building is situated in the Stuyvesant Height's Neighborhood on a quintessential tree lined residential street overlooking an expansive New York City public playground & park providing a panoramic park view from the property line.

This walk-up building consists of 3 free market renovated rental apartments with each unit situated on a full floor. The apartments have high ceilings, and kitchens with stainless-steel appliances. All apartments are sub-metered. The first floor duplex is connected to the building's lower level which offers a large finished basement that is ideal for common area, laundry room, storage, or can remain as a recreation space/home office connected to the ground floor apt. The Building is fully leased, all tenants pay on time and in full. NOI is currently $136,914.

Property Details of 780 Madison Street, Unit NA

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Listed by Douglas Elliman Real Estate

Based on information submitted to REBNY as of May 25, 2022 11:49 PM EDT . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

 
 

 

 

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