November 3, 2015
Brooklyn is one of the shining examples of New York's crazy strong real estate market, where prices seem to have no limit. Case in point: this three-family townhouse in Bushwick, a neighborhood typically known for cheap rents and warehouse loft apartments, that is asking $1.25 million. Sure, this pad—located at 1108 Madison Street, off the Gates Avenue J train—is nice, but that's a lot of money. It's even more surprising to know that the seller purchased it only two years ago, in May of 2013, for $633,000. From $633K to $1.25M in two years...that's Brooklyn real estate for you!
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