$550,000
Updated 11 years ago
Off Market

68 MacDougal Street

Bedford Stuyvesant, Brooklyn | Saratoga Ave & Howard Ave

Income Property

$550,000
floors / apts3 / 6
Lot Size25'x100'
Built Size25'x65'
ZoneR6B
Building TypeTownhouse

Building Amenities

  • Voice Intercom

Property Description for 68 MacDougal Street

This is a 3-story apartment building with six 2BR units. The building is priced to sell at a 10% cap rate and less than 7 times the gross rent of $78,108. Most of the apartments are in good condition and mechanicals have been updated. The property is located one avenue from the C train station on the Fulton Street retail corridor by Ralph Avenue.

Listing History for 68 MacDougal Street

Now
06/23/2010
POM by Michael Amirkhanian
Cushman & Wakefield
05/19/2010
Contract Signed by Michael Amirkhanian
Cushman & Wakefield

Building Details for 68 MacDougal Street

OwnershipIncome Property
Building TypeTownhouse
Service LevelVoice Intercom
AccessWalk-up
Year Built1907
Floors/Apts3/6
Learn More About the Building

Transit and Citi Bike

Subway

Ralph Av
0.13 miles
Rockaway Av
0.34 miles
Chauncey St
0.48 miles
Halsey St
0.5 miles

Citi Bike

Fulton St & Saratoga Ave
0.12 miles
Chauncey St & Howard Ave
0.17 miles

Contact Agent

Contact Agent

Michael Amirkhanian
Cushman & Wakefield

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: 28516TH