Nest Seekers

74 MacDougal Street presents an exceptional opportunity to acquire a well maintained six unit multifamily building with strong in place income and significant upside potential.

74 MacDougal Street
Brooklyn, NY 11233

Listing

Web ID:5661066
Website:https://www.nestseekers.com/5661066
Cross street:Park Avenue
Building:74 MacDougal Street Brooklyn
Type:Townhouse
Era:Pre-war
Floors:3

Property

Ownership: income-property
Rooms: 24
Bedrooms: Studio

Financials

Price:$2,300,000
Real estate tax:$10,704

Description

74 MacDougal Street presents an exceptional opportunity to acquire a well-maintained six-unit multifamily building with strong in-place income and significant upside potential. Spanning approximately 3,425 square feet, the property was extensively renovated around 2013 and offers an attractive combination of stable cash flow and future value-add potential. Currently generating approximately $168,000 in annual gross income with remarkably low operating expenses, the asset is being offered at over a 6% capitalization rate, making it a compelling investment in today's market. Whether you're looking to expand your portfolio or secure a high-yield multifamily asset with long-term appreciation potential, 74 MacDougal Street represents an outstanding opportunity.

Amenities

  • Air Conditioning

Location

74 MacDougal Street Brooklyn NY 11233 USA

Contact

Bedford-Stuyvesant, NY
1107 Bedford Avenue
Phone: +1 718-302-0900
Fax: +1 212-252-9347
info@nestseekers.com
Listing Courtesy of Douglas Elliman Real Estate
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