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34327455
34327581

116 Macon Street, Brooklyn, NY 11216 For Sale

DW
NY 10401384207
Cushman & Wakefield New York
KB
NY 10401384207
Cushman & Wakefield New York
DV
NY 10401278952
Cushman & Wakefield
NK
NY NY 10401356729
Cushman & Wakefield New York
JS
NY 10401375964
Cushman & Wakefield New York
Cushman & Wakefield New York
Listed by Cushman & Wakefield New York, Cushman & Wakefield
Unpriced
10 days on market
Updated 10 days ago

116 Macon Street

Details
APN 1851-2
Property Type Multifamily
Sub Type Apartment Building
Square Footage 3,201
Units 4
Tenancy Vacant
Buildings 1
Stories 4
Lot Size (SqFt) 1,667
Zoning R6B
Investment Type Value Add

Vacant Walkup | Condo Conversion - Sub-Rehab Opportunity | Bed-stuy, Brooklyn

Marketing description

Cushman & Wakefield ("C&W") has been exclusively retained to arrange the sale of 116 Macon Street. The property is located in the heart of Bedford-Stuyvesant, one of Brooklyn's most dynamic and rapidly evolving neighborhoods. This four-unit residential walkup comprises approximately 3,201 square feet (16.67' x 48') across a 1,667 square foot lot (16.67' x 100').

The building features four two-bedroom, one-bathroom units, offering a consistent and desirable unit mix well-suited to the neighborhood's robust renter demand. The property's Tax Class 2A designation, carrying an annual tax of $16,073 provides meaningful financial predictability for ownership. The site is zoned R6B, presenting a compelling sub-rehabilitation and condo conversion opportunity for investors seeking to unlock significant value-add upside.

116 Macon Street benefits from an exceptional location in close proximity to Atlantic Avenue — one of Brooklyn's premier retail corridors — and is just steps from the A and C trains at the Nostrand Avenue station on Fulton Street. This ensures outstanding commuter connectivity for residents traveling throughout the borough and beyond, while placing them within easy reach of the shopping, dining, and cultural amenities that define the neighborhood.

This offering represents a rare opportunity to acquire a well-positioned residential asset with meaningful repositioning potential and long-term appreciation in one of Brooklyn's most compelling markets. Pricing is available upon request.

Investment highlights

  • Fully Vacant - Blank Slate for Repositioning
  • End User Opportunity
  • DHCR Substantial Rehabilitation Pathway (Originally a 6-family converted to a 4-family)
  • Condo Conversion Opportunity
  • Prime Brownstone Corridor

Listing Contacts

DW
NY 10401384207
Cushman & Wakefield New York
KB
NY 10401384207
Cushman & Wakefield New York
DV
NY 10401278952
Cushman & Wakefield
NK
NY NY 10401356729
Cushman & Wakefield New York
JS
NY 10401375964
Cushman & Wakefield New York
Cushman & Wakefield New York
Listed by Cushman & Wakefield New York, Cushman & Wakefield

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Additional Information

Name
Dylan Walsh
License
10401384207
Brokerage
Cushman & Wakefield
Brokerage Phone
9178875441
Brokerage Address
1290 6th Avenue
Name
Kieran Baker
License
10401384207
Brokerage
Cushman & Wakefield
Brokerage Address
1290 6th Avenue
Name
Dimitri Venekas
License
10401278952
Brokerage
Cushman & Wakefield
Name
Nick Kolbus
License
NY 10401356729
Name
Jeremy Stern
License
10401375964
Brokerage
Cushman & Wakefield
Brokerage Phone
212 389 6734
Title
Real Estate Sales Person
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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