743 Macdonough St
Brooklyn, NY 11233
Ocean Hill
HIGHLIGHTS
- Value Add: This property is Permanently exempt, allowing future ownership to capitalize on neighborhood improvements.
- Owner-User Potential: Ideal for an owner-user, this property provides the unique opportunity to build out a duplex in unit 1R while collecting $11.5K+
- Building Structure: Dimensions of 25’ x 72’ with air shafts provide spacious and bright layouts.
- Tax Class Protected: 2A Tax Class limits tax increase to no more than 8% a year or 30% over 5 years.
- Excellent Transportation Access: Conveniently located two blocks from the J Train, allowing for quick and easy transport to Williamsburg and NYC.
FOR SALE DETAILS
PRICE
$1,625,000 USD
PRICE/SF
$301 USD /SF
# OF UNITS
6
PRICE/UNIT
$270,833
CAP RATE
7.46%
% LEASED
100%
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Multi-Family
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
-
STORIES
3
YEAR BUILT
1905
PARKING SPACES
-
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
01498-0065
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914-561-8609
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914-561-8609
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