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743 Macdonough Street

$1,625,000

743 Macdonough Street, Brooklyn, NY 11233

Active
Last Updated: 06/08/2025

121,149

NOI

7.45

Pro Forma Cap Rate

Details:
NOI:    $121,149
Pro Forma Cap Rate :    7.45%
Building Size:    5,400 sqft
Units:    6
Year Built:    1905
Floors:    3
Highlights:
  • Value Add: This property is Permanently exempt, allowing future ownership to capitalize on neighborhood improvements.
  • Owner-User Potential: Ideal for an owner-user, this property provides the unique opportunity to build out a duplex in unit 1R while collecting $11.5K+ a month in rental income.
  • Building Structure: Dimensions of 25’ x 72’ with air shafts provide spacious and bright layouts.
  • Tax Class Protected: 2A Tax Class limits tax increase to no more than 8% a year or 30% over 5 years.
  • Excellent Transportation Access: Conveniently located two blocks from the J Train, allowing for quick and easy transport to Williamsburg and NYC.
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