213 MacDonough Street

BEST BED-STUY BROWNSTONE PRICE! This 4 Story Brownstone in Stuyvesant Heights Historic District is priced below the market for a number of reasons. Classified as an 8 B Unit SRO, a Certificate of No Harassment from HPD has been obtained, and the property is ripe for residential conversion. CONSULT YOUR ATTORNEY for complete details regarding this process. In addition, prior to closing, an open Landmarks violation must be cured. CONSULT YOUR EXPEDITOR or ARCHITECT for details. As this is an SRO, the property does not qualify for conventional mortgage products. Only All Cash offers or home renovation loans will be considered. As access to the property’s interior is extremely limited, interested buyers are invited to submit an offer by the deadline with proof of funds or home renovation loan preapproval letter. Upon review, qualified purchasers will be able to inspect the home. Please base your initial offer on location and square footage.   The property is built 17.33 x 42’ on a 100’ lot over 4 floors plus a full cellar. According to DOB records, it comprises 3,276 finished sf. with an above grade basement of 728 sf. It is currently configured and being lived in as a 3 separate units: an owner’s duplex on the Garden and Parlor floors plus 2 additional floor- through apartments above. The property will be delivered vacant with the certificate of no harassment. Built in 1910, the property has been renovated over the years and is being sold AS IS. Deadline for Offer Submission is Tuesday, noon, October 18, 2016. Home inspections will be arranged by appointment to qualified buyers on Friday, Saturday Sunday, October 21-23.