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$4,100,000
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Property Description
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.
Full Property Details
Full Property Details for 171 Madison St #Building
General
- Sold For: $4,100,000
- Status: Closed
- Type: Multi-Family
- Source: REBNY
- MLS ID: OLRS-0089134
- Added to Site: 685 day(s) ago
Interior
- Number of Rooms: 18
Rooms
Bathrooms
- Total Bathrooms: 8
- Full Bathrooms: 7
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 8
Exterior
- Exterior Features: Balcony, Building Roof Deck, Garden
- Porch/Patio/Deck: Building Patio, Patio, Balcony
Location
- County: Kings
- Subdivision: Bedford Stuyvesant
- Cross Streets: Nostrand Avenue/Bedford Avenue
Structural Information
- Stories/Levels: 4
- Square Feet: 4,400
- Living Area: 4,400 Sq. Ft.
- Year Built: 2021
Lot Features
- Lot Dimensions: 22.0 x 100.0
Disclosures and Reports
- Block: 1817
- Lot Number: 78
Listing Courtesy of Compass
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Schools
Schools serving 171 Madison St #Building
School District:New York City Geographic District #13
Rating | Name | Grades | Distance |
---|---|---|---|
50 Jefferson Ave, Brooklyn, NY 11216 | PK-5 | 0.2 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 171 Madison St #Building
Date
Details
Price
Change
Source
8/21/2023
Sold
$4,100,000
—
MLS
12/16/2022
Listed
$4,100,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
171 Madison Street #Building, New York, NY 11216 (MLS# OLRS-0089134) is a Multi-Family property that was sold at $4,100,000 on August 21, 2023. Want to learn more about 171 Madison Street #Building? Do you have questions about finding other Multi-Family real estate for sale in New York? You can browse all New York real estate or contact a Coldwell Banker agent to request more information.