Bedford Stuyvesant | Howard Avenue & Saratoga Avenue
- $ 2,300,000
- Bedrooms
- Bathrooms
- Attached HouseBuilding Type
- 3,425 Approx. SF
- Details
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- Rental PropertyOwnership
- $ 10,704Anual RE Taxes
- 25'x83'Building Size
- 50'x100'Lot Size
- 2002Year Built
- ActiveStatus
- Description
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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.
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.
Listing Courtesy of Douglas Elliman Real Estate
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- Features
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- A/C [Central]
- Close details -
- Contact
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William Abramson
License Licensed As: William D. AbramsonDirector of Brokerage, Licensed Associate Real Estate Broker
W: 646-637-9062
M: 917-295-7891
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Additional building data provided by On-Line Residential [OLR].
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.