An historic gem, 419 Madison is the former Fourth Precinct police station, which dates to the late 1800s, and no doubt held famous criminals. It was converted to 6 large, 1 bedroom apartments by the owner, and boasts 17 parking on-site spaces for tenants and renters. Filled with natural light and architectural character, like tin ceilings and hardwood floors, the 4th Precinct apartments have been a financial success since the conversion from its days as commercial office space for Metroland magazine. The purchaser may wish to maintain some units for short-term guests, like travelling nurses, as the current owner has done with great success or simply rent all units to long term tenants. 6 parking spaces are dedicated to the apartments with the remaining to renters.
Listing courtesy of listing agent Matthew J Smith with Washington Park Group, LLC Brokerage, 518-956-0956.
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