229 Macdougal ST, Brooklyn, NY 11233
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229 Macdougal ST, Brooklyn, NY 11233
229 Macdougal ST, Brooklyn, NY 11233
229 Macdougal ST, Brooklyn, NY 11233
229 Macdougal ST, Brooklyn, NY 11233
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Marithza Madeline Galloway

Marithza Madeline Galloway

+1(929) 542-7967
$ 1,450,000
Est. payment /mo
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Open Sat 12:30PM-2PM

229 Macdougal ST Brooklyn, NY 11233

5 Beds

3 Baths

1,999 Sqft Lot

Open House

Sat Sep 26, 12:30pm - 2:00pm

Sun Sep 27, 12:30pm - 2:00pm

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Subdivision Bedford-Stuyvesant

MLS Listing ID 1052955

Bedrooms 5

Full Baths 3

Rental Info No

Year Built 1910

Annual Tax Amount $1,809

Lot Size 1,999 Sqft

Acres 0.0459

Property Sub-Type Triplex

Source onekey2

Property Description

INVESTOR OPPORTUNITY — Three income streams under one roof in Ocean Hill, Brooklyn. Income-producing basement studio (separate ground-level front entrance, r — income starts day one) plus owner's side; first-floor 2-bedroom plus separate basement with flex space. opening to a private backyard/patio; top-floor 3-bedroom / 1 bath. Projected ~$93,600/year gross rent at today's market rates = ~4.9% cap rate and 15.5 gross rent multiplier at list price. Live in one unit and let the other two carry the mortgage, or run it as a pure 3-unit investment — renovated 2-bedrooms command $3,000+ and 3-bedrooms $3,200+ in the neighborhood. Same-street comps support the price (recent MacDougal sale $1.55M). NYC Tax Class 1 keeps property taxes among the lowest in the city. A/C trains at Rockaway Ave — approx. 30 minutes to Midtown. Floor plans available. ALL OFFERS CONSIDERED. Broker open house Saturday, September 26, 11 AM–1 PM; public open house Sunday, September 27, 12–2 PM. Shown by appointment.

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Location

State NY

County Kings (brooklyn)

Rooms

Basement Finished

Interior

Interior Features Washer/Dryer Hookup

Heating Baseboard

Cooling Electric

Fireplace No

Exterior

Parking Features On Street

Utilities Available None

Garage false

Private Pool No

Building

Sewer Public Sewer

Water Public

Structure Type Frame

Schools

Elementary Schools Brooklyn Landmark Elementary School

Middle Schools Brooklyn Environmental Exploration

High Schools Contact Agent

School District Contact Agent

Others

Senior Community No

Special Listing Condition None

OneKey MLS/ Hudson Gateway (HGAR)/ Long Island MLS (MLSLI)/ Mid Hudson MLS
Listed by Exit Realty All City • Czion D. Earle

Nearby Locations

Marithza Madeline Galloway
Marithza Madeline Galloway

Broker Associate License ID: 10301222016

+1(929) 542-7967 | marithza@marithzarealestate.net

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229 Macdougal ST