Brooklyn, NY 11233,205 Macdougal Street #2-A
Listing Courtesy of Compass
$445,000
$445,000
Est.Price: ?

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1 BD
1 BA
571 SqFt

205 Macdougal Street #2-A Brooklyn, NY 11233

Est. payment /mo
SOLD DATE : 05/25/2022

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Key Details

Sold Price $445,000

Property Type Condo

Sub Type Condo

Listing Status Sold

Purchase Type For Sale

Square Footage 571 sqft

Price per Sqft $779

Subdivision Ocean Hill

MLS Listing ID OLRS-1731127

Sold Date 05/25/22

Bedrooms 1

Full Baths 1

HOA Fees $255

HOA Y/N Yes

Year Built 2018

Annual Tax Amount $4,800

Property Description

SIGNIFICANT PRICE IMPROVEMENT! DEAL FELL THROUGH!

While new condos seem to pop up on every corner of the neighborhood these days, 205 Macdougal was one of the first ground-up new construction projects when it finished in 2017. Now joined by developments on Herkimer, Sumpter, even Macdougal, this is one that has seen the area rise around it!

The first resale in the building is only taking place because the seller has accepted a job in another state and does not want the responsibility of owning a rental despite what would be an excellent cap rate in an appreciating market. That said, the opportunity is now yours to own for barely more than was paid for the space, and for less then renting a comparable home would cost!

Improvements have been made to the space after purchase, including California Closets, Electric Shades, and Stacking Washer/Dryer.

first one bedroom resale at 205 Macdougal in booming Ocean Hill, Brooklyn. One of the last neighborhoods where you can find affordable homes with restaurants, coffee shops, and nightlife just around the corner. While larger condominiums are going up around the corner, 205 Macdougal is only 8 units in total so you'll you actually know your neighbors! The space has been improved since the building was completed, with the addition of a washer/dryer and California closets to help with storage.

Now that Bed Stuy is the 3rd coolest neighborhood in the country according to various magazines and blogs, we're starting to see infrastructure. Everything from pizza shops with imported soda (Cuts and Slices) to a coffee shop with a liquor license up the street (Daily Press).

People used to think it was crazy to purchase past Nostrand Avenue, yet here we are!

Transportation options abound with the Rockaway Ave. A/C train located just 2.5 blocks away, plus the JMZ nearby at Chauncey Street and the L train at Bushwick Ave.

Location

State NY

County Kings

Zoning R6

Interior

Interior Features Entrance Foyer

Cooling Central Air

Fireplace No

Appliance Dryer, Washer

Exterior

Private Pool No

Building

Story 4

New Construction No

Others

Ownership Condominium

Monthly Total Fees $655

Pets Description Building No, No

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Herman Singh

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+1(310) 625-6175

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