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169 Madison Street, Bedford...

Updated Mar 13, 2026

Beniamin Sadykov Sells Multi Family Property At 169 Madison Street In Brooklyn For $3.1M
SOLDMultiFamily

Beniamin Sadykov Sells Multi Family Property At 169 Madison Street In Brooklyn For $3.1M

169 Madison Street, Bedford-Stuyvesant, Brooklyn, NY, USA

$3,100,000

$1,107/SF

Building Size

2,800 SF

Asset Type

MultiFamily

Closing

Oct 12, 2021

About this deal

AI

The property asset involved in this transaction is a Multi Family located at 169 Madison Street in the Bedford-Stuyvesant market of Brooklyn, with a sale price of $3,100,000. The building has a total square footage of 2,800 and a building size factor of 4,750, resulting in a price per square foot of $1,107. The lot measures 2,375 square feet with dimensions of 18.75 ft x 125.83 ft, with a zoning classification of R6B and a Floor Area Ratio (FAR) of 1.18. This property falls under tax class 1 and previously sold for $315,000 on 12/9/2014.

Summary of transaction details:

  • Property Type: Multi Family
  • Transaction Amount: $3,100,000
  • Address: 169 Madison Street
  • Market: Bedford-Stuyvesant, Brooklyn
  • Building Size Factor (BSF): 4,750
  • Price Per Building Size Factor (PPBSF): $653
  • Square Footage (SF): 2,800
  • Price Per Square Foot (PPSF): $1,107
  • Floor Area Ratio (FAR): 1.18
  • Tax Class: 1
  • Lot Size: 2,375
  • Last Sale Price: $315,000
  • Last Sale Date: 12/9/2014
  • Lot Dimension: 18.75 ft x 125.83 ft

Beniamin Sadykov was the seller in this transaction, facilitating the sale of the property. Further details regarding the broker representatives involved have not been provided.

Players

New York MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $1.1K per square foot on a published $3.1M for 2,800 square feet (2021).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.12%

Cash-on-Cash

-1.46%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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