Multi-Family Building in Bed-Stuy

$ 1,750,000
663 MacDonough Street, Brooklyn, NY, USA
Price: $ 1,750,000
Building Type: Multi-Family Apartment Building
Zoning: R6B
Stories: 3
FAR: 2.5
Year Built: 1910
Commercial Units: 0

About this property

ONE Commercial Realty Services  has been retained on an exclusive basis for the sale of 663 MacDonough Street, a five (3) story, multi-family walk-up building, totaling Six (6) free market residential units and on the North side of Macdonough Street between Saratoga Avenue and Howard Avenue. Located adjacent to Bushwick, the area is upcoming and a great opportunity for an investor. Bedford Stuyvesant is becoming very diverse with a lot new restaurants and cafes opening up such as Macdonough Café which is nearby. The building and all of the units will undergo an extensive gut renovation that will include new floors, bathrooms, kitchens, hallways and common spaces and brand new mechanicals.

The building will also include a laundry room in the basement, as well as bike storage, a backyard garden, and a rooftop terrace. There will be gas heat and central air conditioning and a 24/7 security camera systems will be installed. The property is slated to be completed by mid February. The property is conveniently located a couple blocks away from the shopping district on Broadway where the (J) and (Z) trains, as well as the B7, B20, B26, B60, & Q24 buses are easily accessible.

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