Macdougal Street
Multifamily | 50% Free Market | $225,000/unit
Marketing description
Matthew Peters with The Peters Team at Marcus & Millichap, is pleased to present the exclusive listing for the property located at 314 Macdougal Street, in the Ocean Hill section of Brooklyn, NY, 11233.
Layout:
Basement:
Mechanicals | Potential for Storage
Ground Floor:
2 apartments
1R- 2-bedroom, 1-bathroom (Railroad 3 Bed) - RS
1L- 2-bedroom, 1-bathroom (Railroad 3 Bed) - RS
Second Floor:
2 apartments
2R - 2-bedroom, 1-bathroom (Railroad 3 Bed), Free Market
2L - 2-bedroom, 1-bathroom (Railroad 3 Bed) - RS
Third Floor:
2 apartments
3R - 3-bedroom, 1-bathroom, )Railroad 3 Bed) In-Unit W/D - Free Market
3L - 3-bedroom, 1-bathroom, (True 3-Bed), Free Market
Location:
Located in Ocean Hill, Brooklyn, NY
Within walking distance to the A, C, J, & Z Train Lines (Broadway Junction)
Located Walking Distance to Neighborhood Shops & Restaurants
Investment highlights
Investment Opportunity:
The building is currently cash flowing w/ 6 Apartment units, 3 of which have been destabilized and converted to Free Market between 2016-2017 through High Vacancy Decontrol, IAI’s and MCI’s. The 3 Units have been completely renovated
Brand New Roof, Boiler, Heater, Electrical, Plumbing etc. throughout the Building.
Instant water boilers installed for top floor units.
Professionally Managed. All Paperwork on File
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