Multifamily
328 Madison Street
328 Madison St, Brooklyn, NY 11216
Listing Price: $1,495,000
Investment Overview
Marcus & Millichap is pleased to offer 328 Madison Street presents a rare opportunity to acquire a fully vacant multifamily asset in the heart of Bedford-Stuyvesant, one of Brooklyn’s most dynamic and consistently appreciating neighborhoods. Situated on a 25’ x 100’ lot, the property consists of approximately 8,500 square feet across a 25’ x 85’ building footprint and is configured within an R6B zoning district.
Delivered 100% vacant, the asset offers investors and end-users complete flexibility to renovate, reconfigure, and lease at full market rents without the constraints of rent-regulated tenancy. This blank-slate positioning allows for immediate value-add execution and optimal unit layout customization.
Exclusively Listed By
Financing By
Listing Price: $1,495,000
Investment Highlights
- 328 Madison Street, built in 1900, is an 8-unit multifamily asset, approx. 7,580 SF.
- Delivered 100% Vacant | Tax Class: 2B | Zoning R68
- 328 Madison Street is equidistant to the G, A & C Subway Lines.
Investment Overview
Marcus & Millichap is pleased to offer 328 Madison Street presents a rare opportunity to acquire a fully vacant multifamily asset in the heart of Bedford-Stuyvesant, one of Brooklyn’s most dynamic and consistently appreciating neighborhoods. Situated on a 25’ x 100’ lot, the property consists of approximately 8,500 square feet across a 25’ x 85’ building footprint and is configured within an R6B zoning district. Delivered 100% vacant, the asset offers investors and end-users complete flexibility to renovate, reconfigure, and lease at full market rents without the constraints of rent-regulated tenancy. This blank-slate positioning allows for immediate value-add execution and optimal unit layout customization.
Exclusively Listed By
Financing By
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