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Development pportunity 86 Macdougal St 5 Unit Apartment Building $1,789,373 CAD ($357,875 CAD/Unit) Brooklyn, NY 11233
Investment Highlights
- Development opportunity in Bedford-Stuyvesant, Brooklyn.
- Has approved plans for 5 residential units.
- Plans and DD available upon request.
- The property has a 1,875 SF lot with 3,750 BSF and 4,500 BSF with City of Yes.
- Structure is 35% complete.
- Steps from Ralph Avenue [A, C] Subway Station and a short walk to Chauncey Street [J, Z].
Executive Summary
Asset CRG Advisors is pleased to present a development opportunity at 86 Mac Dougal Street, located in Bedford-Stuyvesant, Brooklyn. The property sits on a 1,875 SF lot with 3,750 buildable square feet and 4,500 buildable square feet under City of Yes, offering strong residential potential.
The site features approved plans for 5 residential units, and the structure is 35% complete, providing a solid foundation for development. Ideally positioned just steps from Ralph Avenue [A, C] and a short walk to Chauncey Street [J, Z], with nearby B25 and B46 bus lines, the property offers excellent transit access.
The area is surrounded by major retailers including Walgreens, Dunkin’, McDonald’s, and Bravo Supermarket, enhancing its appeal for future residents and investors.
The site features approved plans for 5 residential units, and the structure is 35% complete, providing a solid foundation for development. Ideally positioned just steps from Ralph Avenue [A, C] and a short walk to Chauncey Street [J, Z], with nearby B25 and B46 bus lines, the property offers excellent transit access.
The area is surrounded by major retailers including Walgreens, Dunkin’, McDonald’s, and Bravo Supermarket, enhancing its appeal for future residents and investors.
Property Facts
| Price | $1,789,373 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $357,875 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.04 AC |
| No. Units | 5 | Building Size | 3,750 SF |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 1910 |
| Zoning | R6B - R6B is a residential zoning district under the New York City Department of City Planning (DCP) Zoning Resolution. | ||
| Price | $1,789,373 CAD |
| Price Per Unit | $357,875 CAD |
| Sale Type | Investment |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.04 AC |
| Building Size | 3,750 SF |
| No. Stories | 3 |
| Year Built | 1910 |
| Zoning | R6B - R6B is a residential zoning district under the New York City Department of City Planning (DCP) Zoning Resolution. |
Amenities
Site Amenities
- 24 Hour Access
1 1
Exceptionally walkable
100/100
Challenging for drivers
10/100
Exceptional public transit
100/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 01531-0019 | Improvements Assessment | $81,495 CAD |
| Land Assessment | $23,009 CAD | Total Assessment | $104,504 CAD |
Property Taxes
Parcel Number
01531-0019
Land Assessment
$23,009 CAD
Improvements Assessment
$81,495 CAD
Total Assessment
$104,504 CAD
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Development pportunity | 86 Macdougal St
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