$1,900,000
Updated 4 years ago
Off Market

698 Macon Street

Bedford Stuyvesant, Brooklyn | Ralph Ave & Howard Ave

3,240 Square FeetMulti-Family

$1,900,000
floors / apts4 / 3
Lot Size18'x100'
Built Size18'x45'
ZoneR6B
Building TypeTownhouse
RE Taxes$5,149
Price Per SF
$586

Outdoor space and views

  • Backyard

Building Amenities

  • Sprinkler System

Property Description for 698 Macon Street

THREE FAMILY FOUR STORY VACANT BROWNSTONE BUILDING APPROVE FOR FOUR FAMILY

An 18' wide 3-unit four-story brown stone building which is being sold with approve plans for a four unit building. The first and second floor is a duplex two-bedroom garden apartment in need of gut renovation. The third floor is a two-bedroom floor-through apartment in need of gut renovation. The fourth floor is a renovated two-bedroom floor-through apartment. The property has new risers for the electric and plumbing. New gas boiler and water heater and is fully sprinklered. An investor or user can quickly convert to a four family which would increase the market value of the property.

First & Second Floor Duplex Apartment: The first floor is a one-bedroom apartment which has access to the back yard and basement. This floor has 9' ceilings. The second floor is a one-bedroom apartment, the bathroom and kitchen must be built out, but the plumbing is already there. This floor has 12' ceilings. The duplex unit is in need of gut renovation, the approved four family plans separates it into two apartments.

Third Floor: The third floor is a two-bedroom floor-through apartment in need of gut renovation. There is a bedroom to the front and back. The full kitchen/dining area is located to the middle of the apartment along with the full bathroom which is at the back. The unit has 12' ceilings.

Fourth Floor: This floor is a renovated two-bedroom floor-through apartment, with the same layout as the third floor. There is a bedroom to the front and back. The full kitchen/dining area is located to the middle of the apartment. The kitchen has stainless steel appliances also a big skylight. There's also a skylight in the common area of the apartment. The full bathroom is located at the back. The unit has nice hard wood floors, and new windows. The apartment has 10' ceilings.

The basement has 7' 7'' ceilings, the gas boiler and water heater is new. There's four slots for the gas and electric meters.

The property is a great user opportunity, a user can occupy the duplex apartment, and use a portion of the air rights to expand the first floor and basement to create more space. They can rent out the third floor and fourth floor two-bedroom apartment for income.

The building is also a great investment opportunity, an investor can update the C oF O for a four family and rent out each floor. The units can have their own boilers and water heaters.

Listing History for 698 Macon Street

Now
01/18/2023
Expired by Kervin Vales
Brown Harris Stevens Residential Sales LLC
2023

Building Details for 698 Macon Street

OwnershipMulti-Family
Building TypeTownhouse
AgePre-War
AccessWalk-up
Year Built1899
Floors/Apts4/3
Learn More About the Building

Transit and Citi Bike

Subway

Halsey St
0.36 miles
Ralph Av
0.37 miles
Gates Av
0.39 miles

Citi Bike

Halsey St & Ralph Ave
0.07 miles
Macon St & Howard Ave
0.14 miles

Contact Agent

Contact Agent

Kervin Vales
Brown Harris Stevens

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: 88425TH