Schuckman Realty Inc. is excited to announce our latest exclusive listing: 626 Madison St., located between Lewis Ave and Stuyvesant Ave in Bedford-Stuyvesant. This four-story, four-family brownstone with a full basement is a lender sale.
The previous Developer was in the process of a condo conversion and had already completed significant work, adding tremendous value to the building. Notable improvements include the installation of steel decks at the back of the building, providing private outdoor space for floors 2 through 4. The property also features central heating and cooling in each unit, along with oversized modern kitchens equipped with dishwashers and wine fridges.
Currently, the property is laid out as spacious one- and two-bedroom apartments. With a little cosmetic work, these units can easily be converted into three-bedroom, two-bath units. The building is fully detached and has windows on three sides, allowing for plenty of natural light.
The property is being offered at $2,225,000 ($585 per square foot) and would make a great rental or condo conversion opportunity.
Link to listing: https://buildout.com/website/626MadisonSt
Contact Exclusive Brokers for more information:
Baruch Edelkopf
Lic. Associate RE Broker
be@schuckmanrealty.com
Joseph Rosenfeld
Lic. RE Salesperson
jrosenfeld@schuckmanrealty.com
About Schuckman Realty Inc.: Schuckman Realty is a full service commercial real estate services firm serving New York City, Long Island, New Jersey, and the surrounding tri-state area. The Investment Sales team at Schuckman Realty Inc. brings vast and nuanced market knowledge, insight, and ingenuity to your portfolio from inception to completion. Schuckman Realty offers expertise in determining a property’s best use in terms of value gains to investors, extensive research and vetting process, access to qualified buyers and a proven sales & marketing team with a creative approach to maximize value.
Keywords: Investment Sales, Brooklyn Real Estate, Brownstone, Real Estate Sales, Property for Sale, Bedford-Stuyvesant, New York Real Estate, Brooklyn
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