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.
| Website: | https://www.nestseekers.com/5661066 |
|---|---|
| Address: | 74 MacDougal Street Brooklyn, NY 11233 |
| Cross street: | Park Avenue |
| Type: | Townhouse |
| Era: | Pre-war |
| Floors: | 3 |
| Ownership: | income-property |
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| Rooms: | 24 |
| Bedrooms: | Studio |
Financials
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
578 Driggs Avenue Brooklyn, NY 11211 Phone: +1 718-302-0900 Fax: +1 718-228-3917 | |
| Listing Courtesy of Douglas Elliman Real Estate | |