Sold
171 Madison Street
Brooklyn NY, 11216
$4,100,000
$931.82 per sqft
Sold
8 Beds
7.5 Baths
4,400 sqft
Multi-family
Built in 2021
171 Madison St is a newly constructed building with four (4) floor-through two-bedroom residences across four stories tall and encompasses approximately 4,400 gross square feet with a frontage of 22' and 100' deep and has a finished roof deck and basement.
The building is fully tenant-occupied and has a gross income of $216,000 with a cap rate of 4.65% after expenses. The apartments are well-appointed with high-end, condo-quality finishes and individual utilities.
The apartments are designed to feel spacious and comfortable with plenty of light and air. The upper units have two balconies, while the first and second-floor apartments have private backyards. The custom kitchens feature integrated Fisher and Paykel appliances, wine cooler, Vigo fixtures, and matte gray soft close cabinets. The bathrooms feature marble tiles, Brizo fixtures, and medicine cabinets with integrated LED lighting.
Each residence also has a washer and dryer, central heating and cooling, Bluetooth keyless smart locks, and built-in Bluetooth speakers in every room.
171 Madison St is on the cusp of Clinton Hill and Bedford-Stuyvesant on a beautiful block between Bedford and Nostrand Aves and within minutes to some of the neighborhood's hot spots including Speedy Romeo, Hart's, Chilo's, Fan Fan Doughnuts, Do or Dive, Clementine Bakery, as well as countless local shops and boutiques.
OLRS-0089134
MLSⓇ ID
December 13, 2022
Listed
March 27, 2024
Updated
Map
171 Madison Street
Brooklyn NY, 11216
Interior Features
Total Stories
4
Bedrooms
8 Beds
Bathrooms
7.5 Baths
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Exterior Features
Balcony, Building Roof Deck, Garden
Other Property Details
Garage
No
View
No
County
Kings
Pool
No
Zoning
R6B
Buyer Agency Compensation
2.5%
Listing History
Date | Event | Price |
---|---|---|
8/21/2023 | Sold | $4,100,000 |
Courtesy of Compass with Natalia Correa,
Listing Contact: (646) 770-5583
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market.
©2024 The Real Estate Board of New York, Inc., All rights reserved
Data last updated 11:36 PM UTC, 3/27/2024