SOLD FOR $1,625,000
· Sold at asking price · Closed March 1, 2023
$1,625,000
116 MADISON Street #NA
MLS® #RLS10832359
Listing by Corcoran Group
6
Bedrooms
4.5
Baths
N/A
Sq. Ft.
N/A
Year Built
Sale Details
Property Summary
Description
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.
Property Details
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Listing courtesy of IAN PARKER at Corcoran Group. Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved.