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Madison NY, 11229 $8,500,000

Mixed Use Commercial  

Details ML#: 3548959  

  • # of Families: 40
  • Business Type: Residential
  • Sale or Rent:Sale
  • Year Built: 1925
  • Taxes: $109,498
  • Status:Active

Description

Explore this exceptional investment opportunity that borderlines Madison and Prospect Park. This 4-story building offers a selection of 40 units. 28 1-bedroom apartments. 2 studio apartments. 10 Spacious 2-bedroom apartments. Highlights of this building include its location on Ocean Avenue, in the heart of Brooklyn, enjoy easy access to local restaurants and shops, transportation, and the Brooklyn Botanic Garden. Crafted with meticulous attention to detail, ensuring durability - this building holds great character. High annual income of approximately $650, 000! Seize this distinctive chance to own a slice of Brooklyn’s real estate heritage.

More Property Details

Property Features

Building Size: 100x94   Lot Size: 0.25   Lot Sq Ft: 11000   Stories: 4  

Appliances & Utilities

Heat: Oil, Hot Water   Sewer: Sewer  

Financial

Taxes: $109,498  

Local Area Information

Zoning: R7A   Block: 6783   Lot: 57  

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  1. Presented by
    Daniel Gale Sotheby’s International Realty - Nancy Jarvis
    • NY Residential RE
    • Licensed Real Estate Broker
    • (917) 921-9108
    •   Contact Us
Listing Information provided courtesy of Neuhaus Realty Inc OneKey™ MLSThe source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. Information Copyright 2020, OneKey™ MLS