Overview

TerraCRG is exclusively representing ownership in the sale of the 3-family brownstone plus adjacent 900 SF garage located at 382 & 384 Macon Street in the Stuyvesant Heights Historic District. Both the brownstone and garage will be delivered VACANT.

The 4-story brownstone at 382 Macon Street is 20ft wide with a total of 3,600 gross SF. The property consists of two 2-bedroom units and 1 duplex unit.  As a rental property, the building is estimated to generate ~$145k/year in gross income. There is also the possibility to do a condo conversion on the property.  Condo sellouts in this location are in the $1,200-$1,300/SF range.

The existing garage at 384 Macon Street sits on a 20 ft x 100 ft R6B zoned lot allowing for 4,400 buildable SF.

Stuyvesant Heights contains some of the most beautiful brownstones and tree lined streets in all of New York.  Macon Street is one of Bedford-Stuyvesant’s most sought-after blocks. The property is also bordered by Lewis Avenue which has developed into a vibrant retail corridor with incredible bars and restaurants, including Saraghina, Brooklyn Beso, and Peaches.