121 Macdougal Street, Brooklyn, NY, 11233

121 Macdougal Street Brooklyn, NY 11233

Brooklyn
FOR SALE
Property Type:
MultiFamily Apartments
Amount:
$3,000,000
Last Verified:
Oct 16, 2024

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Description

121 Mac Dougal St is a charming multifamily property located in the vibrant Bedford-Stuyvesant neighborhood of Brooklyn. This well-maintained building features two spacious residential units, each designed to offer comfort and functionality.

Situated in a lively area known for its historic brownstones and cultural richness, residents enjoy easy access to an array of local amenities, including eclectic shops, diverse dining options, and popular community spots. Herbert Von King Park, with its green spaces and recreational facilities, is just a short distance away.

The property is conveniently connected to public transit, with the A and C subway lines nearby, ensuring a straightforward commute to Manhattan and other parts of Brooklyn. 121 Mac Dougal St represents a solid investment opportunity in a dynamic neighborhood with a promising real estate market.

121 Mac Dougal St is situated in the vibrant neighborhood of Bedford-Stuyvesant in Brooklyn. Known for its rich cultural heritage and historic brownstones, this area offers a unique blend of classic Brooklyn charm and modern convenience. Residents enjoy a strong sense of community with an array of local shops, trendy cafes, and diverse dining options.

The property is conveniently located near Herbert Von King Park, providing ample green space and recreational facilities, including sports courts, a library, and cultural arts programs. The neighborhood is well-connected by public transit, with easy access to the A and C subway lines, ensuring a straightforward commute to Manhattan and other parts of Brooklyn. The area’s dynamic and evolving real estate market continues to attract those looking to experience Brooklyn’s rich history and contemporary lifestyle.

Building Size: 1500sq ft
Lot Size: 0.06 acres

Map of 121 Macdougal Street, Brooklyn, NY, 11233

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.