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$1,499,000
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Key Details
Property Type Multi-Family
Sub Type Multi-family
Listing Status Contract Signed
Purchase Type For Sale
Subdivision Bushwick
MLS Listing ID RPLU-5120750088
Annual Tax Amount $7,426
Property Sub-Type Multi-family
Property Description
Motivate Seller! Enjoy quintessential Bushwick living in this meticulously gut-renovated, two-family townhouse sitting on a 20'x100' lot. With 3200 sq.ft. of total usable space, this beautifully appointed home has a sweeping 2.5BR/3BTH owner's duplex spread over 1200 sq.ft. on the main level plus 800 sq.ft. in the finished rec. room and nearly 600 sq.ft. of private outdoor space that includes a sunny, landscaped garden. The upper rental unit has an additional 1200 sq.ft. laid out as a spacious 2BR/2BTH - turn key ready to collect additional rental income to offset the already low carrying costs.
Stepping up the stoop to 1032 Madison St., one can immediately take advantage of having that rare porch that is still attached to the house, and sit out enjoying gardening or a having a sunset cocktail on those nice Summer days. The grey stucco facade has stylish and modern black trim details, with paneled wood door and beautiful paned windows.Highlights include 9.5' high ceilings in both units, an expansive wall of Pella windows allowing for great natural sunlight, decorative fireplaces with exposed brick, W/D in unit, and solid 5" wide Oak hardwood floors. The open concept kitchens are outfitted with white lacquered cabinetry, quartz countertops, pendant lighting over a large center island for plenty of room for storage/prep, and a stainless steel Samsung appliance package with double French door refrigerator, front loading dishwasher, and 5-burner gas stove including exterior venting hood for the serious chef.
1032 Madison Street is situated in the midst of prime Bushwick, where the friendly and diverse community is reflected in the variety of establishments available; from restaurants & breweries, to farmer's markets, art galleries, creative collectives/studios, music venues, and more. Local favorites include: Caffeine Underground, Evil Twin Brewing NYC, Bakkus Wines, Halsey Ale House, Bridge & Tunnel Brewery, Phil's, Bushwick Taco Co., Barchaa, Angela's Bakery, Father Knows Best, Nowadays, Lady Moo Moo, The Wilky, Toad Style, Sonora, Trad Room, GrandChamps, and Love Nelly.
With great rental income potential, low real estate taxes and 2,460 sq. ft. of additional FAR available, this beautiful townhouse makes for both a smart primary residence as well as an investment. For an easy commute into Manhattan, the J train at Gates Ave. is just 4 blocks away.
Stepping up the stoop to 1032 Madison St., one can immediately take advantage of having that rare porch that is still attached to the house, and sit out enjoying gardening or a having a sunset cocktail on those nice Summer days. The grey stucco facade has stylish and modern black trim details, with paneled wood door and beautiful paned windows.Highlights include 9.5' high ceilings in both units, an expansive wall of Pella windows allowing for great natural sunlight, decorative fireplaces with exposed brick, W/D in unit, and solid 5" wide Oak hardwood floors. The open concept kitchens are outfitted with white lacquered cabinetry, quartz countertops, pendant lighting over a large center island for plenty of room for storage/prep, and a stainless steel Samsung appliance package with double French door refrigerator, front loading dishwasher, and 5-burner gas stove including exterior venting hood for the serious chef.
1032 Madison Street is situated in the midst of prime Bushwick, where the friendly and diverse community is reflected in the variety of establishments available; from restaurants & breweries, to farmer's markets, art galleries, creative collectives/studios, music venues, and more. Local favorites include: Caffeine Underground, Evil Twin Brewing NYC, Bakkus Wines, Halsey Ale House, Bridge & Tunnel Brewery, Phil's, Bushwick Taco Co., Barchaa, Angela's Bakery, Father Knows Best, Nowadays, Lady Moo Moo, The Wilky, Toad Style, Sonora, Trad Room, GrandChamps, and Love Nelly.
With great rental income potential, low real estate taxes and 2,460 sq. ft. of additional FAR available, this beautiful townhouse makes for both a smart primary residence as well as an investment. For an easy commute into Manhattan, the J train at Gates Ave. is just 4 blocks away.
Location
State NY
County Brooklyn
Community Bushwick
Rooms
Other Rooms LegalRoomsTotal: 11.00
Exterior
Garage No
Building
Story 2
Structure Type Walk-up
Others
Pets Allowed Pets allowed
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Listed by Douglas Elliman Real Estate
Nearby School & Business
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Kelli Griggs
Broker Associate License ID: 01902861
Broker Associate License ID: 01902861