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Property Description

- Ocean Hill, Brooklyn. basement studio (separate ground-level front entrance plus owner's side; first-floor 2-bedroom plus separate basement with flex space. opening to a private backyard/patio; top-floor 3-bedroom / 1 bath. Projected gross rent at today's market rates = () cap rate and gross rent multiplier at list price. Live in one unit and let the other two carry the mortgage, or run it as a pure 3-unit investment - renovated 2-bedrooms command + in the neighborhood. Same-street comps support the price (recent MacDougal sale ). NYC Tax Class 1 keeps property taxes among the lowest in the city. A/C trains at Rockaway Ave - approx. 30 minutes to Midtown. Floor plans available. ---

229 Macdougal Street | MLS# 1052955

This multi-family property located at 229 Macdougal Street, Brooklyn, NY 11233 is currently listed for sale with an asking price of $1,450,000. Macdougal Street is located within the Contact Agent school district. Search Brooklyn real estate on www.coldwellbankerprime.com today.

Upcoming Open Houses

Open House Saturday September 26th, 12:30pm - 2:00pm
Open House Sunday September 27th, 12:30pm - 2:00pm

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Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Finished
Cooling: Electric
Heating: Baseboard
Lot Size: 0.05 Acres
Taxes: $1,809
Year Built: 1910

Amenities

Washer/Dryer Hookup

Feature Descriptions

Building Area Total: 1500
Days on Site: 4
Exterior: Frame
On Market Date: 2026-09-19
Parcel Number: 01527-0048
Parking Features: On Street
Property Attached Y/N: 1
Rental Term: Monthly
Sewer: Public Sewer
Units: 3
Utilities: None
Water: Public

Local Schools

High School: Contact Agent
Middle School: Brooklyn Environmental Exploration
Elementary School: Brooklyn Landmark Elementary School
School District: Contact Agent

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Estimated Payment

$ 3,800.74 per month $3,227.07 Principal & Interest $150.75 Property Tax $422.92 Homeowner's Insurance

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(Payments are an estimate and may vary by lender)

Demographics

Listed By / Shown By

Listing By

Agency Name: Exit Realty All City
Agency Contact: 718-276-0077

Shown By

Agency Title: Coldwell Banker Prime Properties
Agency Phone: 866-323-CBPP

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