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.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
