by RH Advisors

See Home Value
$1,625,000
Multifamily - Off Market

116 MADISON Street #NA

Brooklyn, NY 11216
bedrooms
6 Beds
bathrooms
4 Baths, 1 Half Bath
$1,716,315
RealtyHop Estimate
5.62%
Since Apr 1, 2023
NY-New York
Primary Model

About This Property

116 Madison St, a 2,280 square-foot legal needs complete renovation C/O five families used as a one Brownstone which is situated in Bedstuy Boarding Clinton Hill. The building has a unused FAR of 1,720 (verify) This is an amazing opportunity with lots   of upside for the right investor or end user. House will be delivered vacant. This.....Location....Location.......Location.....is minutes away from New York City's third largest business district and the fastest growing downtown neighborhood in the nation,   with over $6 billion in public and private investment in the past decade. Biking distance to City point, Alamo Draft House, Trader Joe, Brooklyn Academy of Music and Barclays Center. Blocks away from neighborhood Bars, enjoy dinner at Peaches, Cheri's, Chez   Oskar, Dance at Lovers Rock, Enjoy Art Exhibitions at THE HOUSE OF ART etc. Minutes to NYC via train OWNER IS MOTIVATED TO SELL......   that you can add to 116 Madison St Property which would give you if you combine a total of 2,620 unused FAR.
Unit Size
-
Days on Market
272 days
Land Size
-
Price per sqft
-
Property Type
Multifamily
Property Taxes
-
HOA Dues
-
Year Built
1910
Last updated: 13 months ago (RLS #RPLU-33421826122)

Price History

Date / Event Date Event Price
Mar 1, 2023 Sold $1,625,000
Sold
Jan 23, 2023 In contract -
In contract
Jan 18, 2023 Withdrawn -
Withdrawn
Jan 3, 2023 Relisted $1,800,000
Relisted
Dec 23, 2022 Withdrawn -
Withdrawn
Show More

Property Highlights

Interior Details

Bedroom Information

Bedrooms: 6

Bathroom Information

Full Bathrooms: 3
Half Bathrooms: 1

Interior Information

Appliances: Washer Dryer Allowed

Room Information

Rooms: 4
Exterior Details

Property Information

Property Condition: GoodCondition


Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Townhouse
6 Beds
4 Baths
2,100 ft²
$810/ft²
$1,700,000 Mar 1, 2022
$1,700,000 Jun 8, 2022
-
Townhouse
6 Beds
3 Baths
2,668 ft²
$472/ft²
$1,260,000 Feb 23, 2018
$1,260,000 Dec 13, 2018
-
Townhouse
6 Beds
4 Baths
3,040 ft²
$605/ft²
$1,840,000 Mar 27, 2022
$1,840,000 Sep 21, 2022
-
Multifamily
6 Beds
3 Baths
2,931 ft²
$623/ft²
$1,825,000 Feb 2, 2022
$1,825,000 Jun 24, 2022
-
6 Beds
4 Baths
3,467 ft²
$402/ft²
$1,395,000 May 14, 2015
$1,395,000 Aug 12, 2015
-
6 Beds
4 Baths
3,467 ft²
$402/ft²
$1,395,000 Aug 13, 2015
$1,395,000 Oct 21, 2015
-
Townhouse
6 Beds
5 Baths
2,532 ft²
$621/ft²
$1,572,500 Jan 31, 2023
-
$2,750/mo
Townhouse
6 Beds
5.5 Baths
4,080 ft²
$453/ft²
$1,849,999 Jan 27, 2022
-
-
Multifamily
6 Beds
6 Baths
-
$1,650,000 Sep 24, 2022
-
$391/mo
In Contract
Multifamily
6 Beds
2 Baths
-
$1,600,000 Oct 12, 2022
-
$222/mo
Multifamily
6 Beds
4 Baths
-
$1,800,000 May 16, 2022
-
$372/mo
Multifamily
6 Beds
5 Baths
-
$1,849,999 May 20, 2022
-
$398/mo

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20220602 Unit NA
06/02/2022
NA
6 Bed
3.5 Bath
-
$2,200,000
bedrooms
6 Bed
bathrooms
3.5 Bath
-
-
-
IAN PARKER
Corcoran Group

Building Info

116 Madison Street 116 Madison Street, Brooklyn, NY 11216
  • 3 Units
More about this Building
116 Madison Street
Want to find out who owns 116 Madison Street, Brooklyn, NY 11216? Get detailed property transactions here .

About Northern Brooklyn


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