$2,300,000

74 Mac Dougal St, Townhouse Stuyvesant Heights, New York

  • 12 Beds
  • 6 Baths
  • Updated: July 22
  • 2
    Views for last 30 days

About the Property

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 $16

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.

  • Property type

    Apartment

  • Floors

    3

  • Year built

    2002

Features

  • Terrace
  • Garden
  • Pool
  • Fire Pit
  • Outdoor Living Space
  • Renovated
  • Investment Property
  • Laundry Room
  • Stone Countertops

Explore the Area

74 MAC DOUGAL ST, New York, New York, United States View on Google Maps
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Douglas Elliman - New York

Joined 6 years ago
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Douglas Elliman - New York
New York, United States
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136
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2020
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Douglas Elliman - New York
New York, New York, United States
View agency profile
Last updated
July 22
First listed
Jul 22
Listing reference
23874198
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