About This Home
This 5-bedroom, 3-bathroom multi-family at 229 Macdougal Street in Brooklyn, NY is listed for $1,450,000. Built in 1910, on a 0.05 acres lot.
Key Features
- Built in 1910
- 0.05 acre lot
Property Details
- Ocean Hill, Brooklyn. basement studio (separate ground-level front entrance 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 gross rent at today's market rates = () cap rate and 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 + in the neighborhood. Same-street comps support the price (recent MacDougal sale ). 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. ---
Monthly Cost Estimate
$7,755/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
229 Macdougal Street
Brooklyn, NY 11233
Features & Amenities
Interior Features
Property Details
Construction
Parking
Heating
Cooling
Questions & Answers
This 5-bedroom, 3-bathroom multi-family at 229 Macdougal Street is listed at $1,450,000. The estimated monthly payment is $7,755 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1910, 0.05 acre lot. Interior Features: Washer/Dryer Hookup.
This property is listed by Czion D. Earle and can be reached at 9179401554.
