This beaut on Madison Street between Classon and Franklin looks like a score to us. Only a few yards from the the Clinton Hill border, this would be priced 50% higher if it were three or four blocks further west. There are not a lot of photos to go on, but the reno challenge doesn’t look overwhelming to us. Good bones overlaid with some cheap sheetrock construction that can be easily ripped out. No idea about the mechanicals and plumbing–but we’d assume the worst. The four-story brownstone is currently configured as a three-family but looks to us like it could work well as a owner-occupied two-family or even a condo play, given the extra 1,600 square feet of unutilized FAR.
17 Madison Street [Corcoran] GMAP P*Shark