Updated 6 years ago
Off Market
6 MacDonough Street
Bedford Stuyvesant, Brooklyn | Marcy Ave & Tompkins Ave
14 Rooms6 Beds4 Baths3,600 Square FeetMulti-Family
$2,099,000 $2,199,000
floors / apts4 / 4
Lot Size20'x60'
ZoneR6B
Building TypeTownhouse
RE Taxes$6,515
Price Per SF
$583
Listing Features
- Spiral Staircase
- Deco Fireplace
Outdoor space and views
- Patio
Building Amenities
- Voice Intercom
- Laundry Room
Property Description for 6 MacDonough Street
*Rent roll and expenses will be sent upon request.
Amazing investment opportunity... 4 unit multi-family pre war building steps from Marcy and Fulton. Location can't be beat! 5% cap rate, turn key property. Units were recently renovated and have never had a single day of vacancy since completion of current owner/seller's renovations. Rents continue to rise in this area of Bedstuy do to ease of commuting (seconds from AC trains) and beautiful tree lined block. The brick building has plenty of pre war charm and has been maintained extremely well. With a recently replaced roof and boiler, maintenance is cheap and easy. Perfect for investors looking to park their money and enjoy an attractive cap rate or for an easy condo conversion to a beautiful single or two family.
Units are a breeze to rent and have never been vacant under owner/seller's post-renovations. Each unit has it's own floor and is private and well maintained.
Floor Breakdown:
Basement - contains storage space for tenants as well as laundry room.
1st level - XL floor through one bedroom with private patio.
2nd/parlor level - XL floor through one bedroom with decorative fireplace, massive custom wooden french doors and oversized windows. Extremely high ceilings. Very charming and well lit unit.
3rd level - Large floor through 2 bedroom with separate kitchen and oversized windows. Decorative fireplace.
4th level - Large floor through 2 bedroom with separate kitchen and oversized windows. Decorative fireplace.
Call or email today for more info/tour of the property.
Amazing investment opportunity... 4 unit multi-family pre war building steps from Marcy and Fulton. Location can't be beat! 5% cap rate, turn key property. Units were recently renovated and have never had a single day of vacancy since completion of current owner/seller's renovations. Rents continue to rise in this area of Bedstuy do to ease of commuting (seconds from AC trains) and beautiful tree lined block. The brick building has plenty of pre war charm and has been maintained extremely well. With a recently replaced roof and boiler, maintenance is cheap and easy. Perfect for investors looking to park their money and enjoy an attractive cap rate or for an easy condo conversion to a beautiful single or two family.
Units are a breeze to rent and have never been vacant under owner/seller's post-renovations. Each unit has it's own floor and is private and well maintained.
Floor Breakdown:
Basement - contains storage space for tenants as well as laundry room.
1st level - XL floor through one bedroom with private patio.
2nd/parlor level - XL floor through one bedroom with decorative fireplace, massive custom wooden french doors and oversized windows. Extremely high ceilings. Very charming and well lit unit.
3rd level - Large floor through 2 bedroom with separate kitchen and oversized windows. Decorative fireplace.
4th level - Large floor through 2 bedroom with separate kitchen and oversized windows. Decorative fireplace.
Call or email today for more info/tour of the property.
Listing History for 6 MacDonough Street
Now
02/11/2020
$2,099,000 [-$100,000] [4.5%]
Price Drop by Marty J. Hanna
Bedrock LLC
2020
Building Details for 6 MacDonough Street
OwnershipMulti-Family
Building TypeTownhouse
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1910
Floors/Apts4/4
Transit and Citi Bike
Subway
Nostrand Av
0.24 miles
Kingston-Throop Avs
0.26 miles
Railroad
Nostrand AvenueLong Island Rail Road
0.2 miles
Citi Bike
MacDonough St & Marcy Ave
0.02 miles
Verona Pl & Fulton St
0.1 miles
Bedford Stuyvesant | Brooklyn
Quick Profile
Known for its historic brownstones and tight-knit enclave, Bed-Stuy has increasingly left behind its early reputation for being a “bedroom community” and transcended into a highly desirable neighborhood.
Distinct for its aesthetic, it is populated with ornate buildings characterized by cornices, friezes, finials, fluting and other marks of classic architecture. Built up during the period from 1870 to 1900, its historic district runs to the north of Jefferson Avenue, to the east of Malcolm X Boulevard and to the west of Tompkins Avenue.
At one point known as “Brooklyn’s Little Harlem,” the shape of the area has shifted toward attracting a wider demographic of people thanks to the influx of bars, restaurants, antique furniture stores and vintage boutiques. More police enforcement paired with the decline of the crack epidemic at the beginning of the 2000s also opened the door for increased development, as well as the occupation of formerly abandoned buildings and spaces.
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 60837TH
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