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Listing Courtesy of Douglas Elliman Real Estate
$ 2,300,000
Est. payment | /mo
12 Beds
6 Baths
$ 2,300,000
Est. payment | /mo
12 Beds
6 Baths
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Subdivision Stuyvesant Heights
MLS Listing ID RLS20104954
Bedrooms 12
Full Baths 6
HOA Y/N No
Year Built 2002
Annual Tax Amount $10,704
Property Sub-Type Multi Family
Property Description
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.
Location
State NY
County Kings
Rooms
Basement Other
Interior
Interior Features Smoke Free
Cooling Central Air
Fireplace No
Laundry In Unit
Exterior
Exterior Feature None
Pool Building None
View Y/N Yes
View Other
Porch None
Private Pool Yes
Building
Dwelling Type Townhouse
Story 3
New Construction No
Others
Tax ID 01531-0013
Ownership None
Monthly Total Fees $892
Special Listing Condition Standard
Pets Allowed Building Yes, No
RLS Data display by WJFNY