$500,000
Updated 4 years ago
Sold

86 MacDougal Street

Bedford Stuyvesant, Brooklyn | Howard Ave & Saratoga Ave

9 Rooms6 Beds6 Baths1,968 Square FeetMulti-Family

$500,000
floors / apts2 / 3
Lot Size18'x100'
Built Size18'x35'
ZoneR6B
Building TypeTownhouse
Price Per SF
$254

This property was sold for $500,000 on 02/18/22.

Property Description for 86 MacDougal Street

A rare opportunity to purchase has come to market in the Stuyvesant Heights section of Bed-Stuy, 86 Mac Dougal Street is an existing building with active DOB permits, architectural drawings and fully poured foundation ready to be developed into a multifamily townhouse. Located just four minutes stroll to the Ralph Ave C train, 86 Mac Dougal Street is an unbuilt estimated 4,948 sq ft end-use, investment or development property with the potential to be one of the largest houses in Stuyvesant Heights and Bed-Stuy. 86 Mac Dougal Street is an ideal end-use and income producing legal three-family development site waiting to be fully realized.

86 Mac Dougal Street in the Stuyvesant Heights section of Bedford Stuyvesant is a legal three-family currently vacant and unfinished:

-Lot: 18.75' X 100'

-Existing Building: 18.75' X 35'

-Existing Sq Ft: 1,968

-Unused FAR: 1,781

-Total Usable Floor Area: 3,750

-FAR: 2

-Zoning District: R6B

Fortuitously located, 86 Mac Dougal Street is in the heart of the Stuyvesant Heights and Bedford Stuyvesant renaissance on a well-maintained block lined with flowering dogwood trees. Nearby transportation and shopping create an ideal investment dynamic in a neighborhood that is on the rise.

Please Note: Available for sale with contiguous property 84 Mac Dougal Street, a 3,750 sq ft finished double duplex asking $1,900,000 for a combined lot size of 38' X 100' and a combined 7,000 sq ft of residential space.

Please Note: Current tax liability is $0/year based on seller's exemption on real estate taxes Please consult your tax expert to determine your own tax liability.

Please Note: Current DOB filings are for a Two-Family House and will be conveyed with the sale. Drawings for a projected 5 Unit development will also be conveyed.

A peerless value, enviable investment and potential home, you must see 86 Mac Dougal Street. Make an appointment to view today with exclusive broker.


Listing History for 86 MacDougal Street

Now
02/18/2022
$500,000
Sold and Closed by Jeff Gardner
Corcoran
2022

Building Details for 86 MacDougal Street

OwnershipMulti-Family
Building TypeTownhouse
AgePre-War
AccessWalk-up
Year Built1910
Floors/Apts2/3
Learn More About the Building

Transit and Citi Bike

Subway

Ralph Av
0.15 miles
Rockaway Av
0.33 miles
Chauncey St
0.46 miles
Halsey St
0.48 miles

Citi Bike

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

Contact Agent

Contact Agent

Jeff Gardner
Corcoran

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: 80137TH