Rare opportunity in the heart of Madison, Brooklyn! This detached one-family home sits on a generous 40 x 100 lot and offers classic Brooklyn charm with incredible potential. The first floor features a spacious living room, formal dining room, and kitchen, while the second floor provides three well-sized bedrooms and a full bath. The home offers approximately 1,658 sq. ft. of interior space. The FAR is approximately 0.50, with the possibility of an additional 20% in a sloped attic—buyers should verify all details with their architect, as no guarantees are made. A private driveway leads to a single-car garage, with space to park at least four additional cars. This property is being sold as a life estate, with a life tenant and must be a cash transaction — no financing contingencies will be accepted. Closing must occur before the scheduled foreclosure sale date of December 11, 2025. Deposit will be required, and failure to close will result in forfeiture of the deposit. Located on a quiet, tree-lined block near shopping, schools, and transportation, this is a prime opportunity for investors or end-users seeking to secure a detached Brooklyn home at value. Serious inquiries only. All measurements and taxes are approximate and not guaranteed. If you wish to make an aggressive cash offer for a purchase and sale deed above the listed price, please submit it for consideration along with proof of funds. As is condition buidling and land.
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Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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