$1,235,000
Updated 2 years ago
Sold

551 MacDonough Street

Bedford Stuyvesant, Brooklyn | Patchen Ave & Ralph Ave

2,328 Square FeetMulti-Family

$1,235,000
floors / apts3 / 2
Lot Size18'7"x100'
Built Size18'7"x42'
ZoneR6B
Building TypeTownhouse
RE Taxes$4,977
Price Per SF
$530

This property was sold for $1,257,539 on 06/03/24.

Property Description for 551 MacDonough Street

Multi-family property located in Bedford Stuyvesant. Drive-by exterior showings only. The property is being sold as is and will be delivered vacant. The seller will NOT make any repairs. Utilities not currently on will remain OFF. Purchase must be Cash, Rehab, or Hard Buyers pay all transfer taxes and fees. Offers Should be submitted via the link http://www.spsreo.com/?c=CZWW This property is under H&B with a current due date of 5/3/2024 11:59:00 PM Mountain Time. Please submit your Highest and Best offer

Listing History for 551 MacDonough Street

Now
06/05/2024
$1,257,539
Sold and Closed by Richard Dinerman
Peerless Properties Corp.
05/08/2024
Contract Signed by Richard Dinerman
Peerless Properties Corp.

Building Details for 551 MacDonough Street

OwnershipMulti-Family
Building TypeTownhouse
AgePre-War
AccessWalk-up
Year Built1901
Floors/Apts3/2
Learn More About the Building

Contact Agent

Contact Agent

Richard Dinerman
Peerless Properties Corp.

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: 95434TH