New York, NY 11221

Property

Ownership: For Sale
Type: Unknown
Bedrooms: 10 BR
Bathrooms: 8
Pets: No Pets Allowed
Lot Size: 0.03 Acres

Financials

Price:$2,544,000
Annual Taxes:$6,925
578 Driggs Avenue Brooklyn, NY 11211
Listing Courtesy of Century 21 Milestone Team Rlty

Welcome to 475 Madison Street, located in the heart of Bedford Stuyvesant, one of Brooklyn s most desirable and historic neighborhoods.

Description

Welcome to 475 Madison Street, located in the heart of Bedford-Stuyvesant, one of Brooklyn’s most desirable and historic neighborhoods. This property presents a rare opportunity for investors, developers, or end-users looking to create their dream home or next profitable project. This is a complete gut renovation — ideal for those with vision and creativity. Whether you’re an investor seeking strong returns or a buyer dreaming of designing your family’s forever home, the potential here is limitless. ? Property Highlights: • Location: Highly sought-after block in Bed-Stuy surrounded by charming brownstones • Potential: Rebuild or redesign as a single-family, two-family, or multi-unit investment (verify zoning) • Neighborhood: Minutes to cafés, restaurants, shopping, and major transportation • Condition: Full gut renovation required – perfect blank canvas for customization • Value: Strong neighborhood comps and continuous area development Bring your architect, contractor, and imagination — this is your chance to create something exceptional in one of Brooklyn’s most vibrant communities! Cash buyers or rehab loan purchasers preferred!

Amenities

  • Electricity Connected
  • First Floor Bedroom
  • First Floor Full Bath
  • Natural Gas Available

Long Island MLS

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.