$1,450,000 - 229 Macdougal Street, Brooklyn, NY 11233｜MLS # 1052955
| MLS # | 1052955 |
| Details | 3 fam, 5 bed, 3 bath, Lot Size: 0.05 acres, 3 Units in the building (DOM): 1 days |
| Construction Year | 1910 |
| Taxes (per year) | $1,809 |
| Bus | 1 min: B60 |
| 2 min: B7 | |
| 3 min: B25 | |
| 4 min: B20, Q24 | |
| 8 min: B26 | |
| 9 min: B83, Q56 | |
| 10 min: B12, B47 | |
| Subway | 3 min: C |
| 4 min: J, Z | |
| 8 min: A, L | |
| LIRR | 0.6 miles: "East New York" |
| 1.9 miles: "Nostrand Avenue" | |
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INVESTOR OPPORTUNITY — Three income streams under one roof in Ocean Hill, Brooklyn. Income-producing basement studio (separate ground-level front entrance, r — income starts day one) plus owner's side; first-floor 2-bedroom plus separate basement with flex space. opening to a private backyard/patio; top-floor 3-bedroom / 1 bath. Projected ~$93,600/year gross rent at today's market rates = ~4.9% cap rate and 15.5 gross rent multiplier at list price. Live in one unit and let the other two carry the mortgage, or run it as a pure 3-unit investment — renovated 2-bedrooms command $3,000+ and 3-bedrooms $3,200+ in the neighborhood. Same-street comps support the price (recent MacDougal sale $1.55M). NYC Tax Class 1 keeps property taxes among the lowest in the city. A/C trains at Rockaway Ave — approx. 30 minutes to Midtown. Floor plans available. ALL OFFERS CONSIDERED. Broker open house Saturday, September 26, 11 AM–1 PM; public open house Sunday, September 27, 12–2 PM. Shown by appointment.
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