14 Macon St
Brooklyn, NY 11216
Build-to-Rent Property For Sale · 3 Units

Property Description: Now offered / delivered fully vacant and with major price improvement! Built in 2006 and totally updated in 2015, this 27.78 ft x 45.66 ft three-family contemporary Townhouse features newly finished hardwood floors, new stainless appliances, updated bathrooms, new heating on the top floor, resealed windows, and a newly sealed roof. Each unit has two spacious bedrooms and one bathroom. The main floor apartment also has a backyard and private entrance, and can be combined with the windowed basement to make a dream owner's duplex. The second and third floor units are bright and sunny. All units are separately metered. The building includes air rights. Delivered fully vacant! Property Taxes: $6,678 | Per Annum Insurance: $2,500 | Per Annum Water: ~$1,300 | Per Annum Gas: ~$360 per unit | Per Annum Shared power bill for Basement & Stairwell: $480 | Per Annum (total) Current Cap Rate: 4.5% Potential Cap Rate: 5+% Potential for cap rate increase by collecting market rent and converting the ground floor unit with back yard with basement. Building demensions: 27.78 ft x 28.69 ft Lot dimensions: 27.78 ft x 45.66 ft Lot sqft : 1,268 Units size: ~797 S.F. ( x 3) Basement size: ~754 s.f. ( Can be combined with ground level to make a 1,551 s.f. Duplex + ~600 s.f. Backyard with a separate entrance) Recently Sold 3 Family Brick Townhouse Comp: https://www.propertyshark.com/mason/Property-Report/?propkey=175960 Showing By Appointment Only: Four (4) Hours Minimum Advanced Notice. PLEASE DO NOT SHOW UP UNANNOUNCED WITHOUT A CONFIRMED APPOINTMENT. Located on a quiet tree-lined block, but steps from everything Brooklyn has to offer, you'll find all the neighborhood's best bars, coffee shops, and restaurants within a five-block radius: Le Paris Dakar Cafe, Bagel Storey, Peaches Hothouse, Daily Press Coffee, Doris, Diamond Reef, Nostrand Avenue Pub, Alice's Arbor, Brooklyn Wine Yard, Cozy Coffee, Lover's Rock, Sushi Tatsu, Bedford Hall, Corner Grind, Glorietta Baldy, Hart's, Crabby Shack, and Fuel Juice Bar, to name just a few. And, of course, groceries, greenmarkets, laundry, hardware stores, banks, pharmacies, Planet Fitness, and all the basics are a stone's throw away. Near the cross-roads of Clinton Hill, Prospect Heights and Crown Heights, this gem is both attractive to renters and a great place to live. The Nostrand A/C stop is right around the corner. The Franklin C/S stop is only only three short blocks away. Zip into Manhattan on the A/C in 20 minutes or take the S to connect to the 2/3/4/5/B/Q trains. This is a great opportunity to live and/or invest in one of Brooklyn's most popular neighborhoods. Showing By Appointment Only: Four (4) Hour Minimum Advanced Notice NEARBY SCHOOLS P.S. 3 the Bedford Village Leadership Preparatory Bedford Stuyvesant Middle & Elementary Academy Academy of Business and Community Development Brooklyn Academy High School Boys High School Ged Plus NEARBY SCHOOLS P.S. 3 the Bedford Village Leadership Preparatory Bedford Stuyvesant Middle & Elementary Academy Academy of Business and Community Development Brooklyn Academy High School Boys High School Ged Plus CITI BIKE STATIONS Macon St & Nostrand Ave (0.03 miles) Verona Pl & Fulton St (0.16 miles) Hancock St & Bedford Ave (0.20 miles)