964 Madison Street, Brooklyn, NY 11221
Local realty services provided by:Better Homes and Gardens Real Estate Shore & Country Properties



964 Madison Street,Brooklyn, NY 11221
$1,939,000
- 8 Beds
- 7 Baths
- 3,750 sq. ft.
- Townhouse
- Active
Upcoming open houses
- Sun, Aug 2412:00 pm - 02:00 pm
Listed by:ephraim pizante
Office:massada realty inc
MLS#:850218
Source:One Key MLS
Price summary
- Price:$1,939,000
- Price per sq. ft.:$517.07
About this home
BIG updated 3 family building with finished basement in Bushwick, close to subway, Delivered Vacant, great income potential!
Great opportunity for both investors/owner- occupied alike:
Located in the vibrant neighborhood of Bushwick, bordering Bedford-Stuyvesant, within a short walk to the Gates Subway station, and Saratoga Park. The property is surrounded by numerous bars, restaurants, cafes, art stores, gyms, pharmacies and many other amenities including a post office, and an Organic Fresh Market which recently opened juat around the corner. This BIG 18.75/50 building of about 3,750 Sq Ft, is a legal 3 family house, 3 story high, with an additional finished walk-in basement, and a nice backyard. Each of the top 2 floors contains a 3 bedroom/1.5 bathroom apartment. The first floor contains a 2 bedroom/1.5 bathroom garden apartment that has private access to the backyard and its beautiful deck. With minimal modification, combining the first floor with the walk-in basement can create an attractive 4 bedroom/2.5 bathroom duplex apartment, great for owner occupant or increasing the income. This turn of a century Townhouse retains its classic charm although been updated and in excellent shape. The building has high ceilings with Crown molding, abundant natural light throughout, and exposed brick. Each apartment also has its own separate gas heat & hot water, and electric & gas meters. The walk-in basement is fully finished, and has both an interior & street access, and a second exit to the backyard. The building carries low maintenance cost with low property tax, and is very well maintained, including recently replaced hot water heater & Bosch dishwashers. It will be delivered vacant, and with projected income of about $10,000-12,000 a month, the CAP rate can go above 6%, GREAT for 1031 exchange.
Contact an agent
Home facts
- Year built:1901
- Listing Id #:850218
- Added:124 day(s) ago
- Updated:August 20, 2025 at 12:37 PM
Rooms and interior
- Bedrooms:8
- Total bathrooms:7
- Full bathrooms:4
- Half bathrooms:3
- Living area:3,750 sq. ft.
Heating and cooling
- Heating:Natural Gas
Structure and exterior
- Year built:1901
- Building area:3,750 sq. ft.
- Lot area:0.04 Acres
Schools
- High school:Bushwick Leaders High School For Academic Excelle
- Middle school:Is 349 Math, Science & Technology
- Elementary school:Ps 106 Edward Everett Hale
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,939,000
- Price per sq. ft.:$517.07
- Tax amount:$5,050 (2024)
New listings near 964 Madison Street
- New$759,000Active3 beds 2 baths1,160 sq. ft.
157 P Avenue #2A, Brooklyn, NY 11204
MLS# 495089Listed by: RE/MAX REAL ESTATE PROFESSIONA - New$1,295,000Active-- beds 3 baths2,340 sq. ft.
619 East 86th Street, Brooklyn, NY 11236
MLS# 495159Listed by: BHHS FILLMORE R.E. - New$450,000Active3 beds 1 baths1,098 sq. ft.
1258 East 87th Street, Brooklyn, NY 11236
MLS# 495160Listed by: REVIVED RESIDENTIAL - New$1,600,000Active5 beds 3 baths2,538 sq. ft.
2265 78th Street, Brooklyn, NY 11214
MLS# 2504888Listed by: ROBERT DEFALCO REALTY, INC. - New$899,000Active3 beds 3 baths1,836 sq. ft.
7022 Avenue V, Brooklyn, NY 11234
MLS# 495151Listed by: BEN BAY REALTY CO OF BAY RIDGE - New$988,000Active3 beds 2 baths1,800 sq. ft.
1853 West 4th Street, Brooklyn, NY 11223
MLS# 495152Listed by: MOMENTUM REAL ESTATE LLC - New$739,000Active2 beds 2 baths1,152 sq. ft.
1936 East 37th Street, Brooklyn, NY 11234
MLS# 495158Listed by: RE/MAX EDGE - New$190,000Active-- beds 1 baths300 sq. ft.
3091 Brighton 3rd Street #5D, Brooklyn, NY 11235
MLS# 903184Listed by: COMMERCE REALTY GROUP - New$2,250,000Active-- beds 8 baths4,000 sq. ft.
337 48th Street, Brooklyn, NY 11220
MLS# 495142Listed by: BEN BAY REALTY CO OF BAY RIDGE - New$1,850,000Active6 beds 3 baths2,400 sq. ft.
1852 West 10th Street, Brooklyn, NY 11223
MLS# 495119Listed by: TIGER REALTY