Prime Vacant 4 Unit Brownstone
201 MacDonough Street
Bedford-Stuyvesant
Closed 04/02/2015 at
$1,405,000
Details
Overview
TerraCRG has been retained to exclusively represent ownership in the sale of the multifamily building located at 201 Macdonough Street in the Stuyvesant Heights section of the Bedford-Stuyvesant neighborhood of Brooklyn. The brownstone building is located on Macdonough Street between Throop Avenue and Marcus Garvey Boulevard, less than 2 blocks from the Throop Avenue C Train on an ideal brownstone block.
The four story 3,600 SF building consists of 4 residential units. The building is 20 ft wide and has an 1,100 SF backyard. The second floor unit has expansive 11 ft ceilings and tall windows allowing for an incredible amount of natural light. The ground floor unit has the potential to be duplexed into the basement to create a significant amount of additional living space. After duplexing the ground floor unit the building has rent potential of approximately $125,000/year. The building will be delivered fully vacant.
This building offers a rare opportunity to own a breathtaking four family brownstone on one of the nicest blocks in Stuyvesant Heights. Stuyvesant Heights contains some of the most beautiful brownstones and tree lined streets in all of New York. The property is conveniently located within close proximity to the Throop Avenue C subway station. The building is also located near many of the new cafes and bars opening in the area, including being located only a few blocks away from Peaches Restaurant and Saraghina (two highly regarded restaurants that have helped bring more new renters and buyers to the area).
Attractions
Bedford-Stuyvesant is a neighborhood in the central portion of the New York City borough of Brooklyn. The main north-south thoroughfare is Nostrand Avenue, but the main shopping street is Fulton Street, which lies above the main subway line for the area (A,C). A diverse mix of students, hipsters, artists, architects and attorneys of all races continue to move to the neighborhood, concentrated mainly in the Stuyvesant Heights and Bedford Corners area of the neighborhood.