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121 Macdougal Street

Updated Aug 24, 2026

McClinton Family Acquires 121 Macdougal Street From Zadeh Family For $825,000
SOLDDevelopment Site

McClinton Family Acquires 121 Macdougal Street From Zadeh Family For $825,000

121 Macdougal Street

$825,000

$550/SF

Building Size

1,500 SF

Asset Type

Development Site

Closing

Jul 27, 2026

About this deal

AI

121 Macdougal Street is a vacant two-family property located in Brooklyn, which was sold for $825,000. The asset comprises 1,500 square feet and offers 5,000 buildable square feet, as it comes with approved architectural plans for an alteration utilizing additional air rights.

Summary of transaction details:

  • Property Type: 2-Family
  • Transaction Amount: $825,000
  • Address: 121 Macdougal Street
  • Market: Brooklyn
  • Square Footage: 1,500
  • Price Per Square Foot: $550
  • Buyer: McClinton Family
  • Seller: Zadeh Family
  • Seller's Representative: Sadya Liberow & Natali Gil - Asset CRG Advisors
  • Buildable Square Feet: 5,000

Asset CRG Advisors played a pivotal role in successfully facilitating this sale, representing the Zadeh Family in the transaction. The advisors involved are Sadya Liberow and Natali Gil, who can be contacted for further inquiries regarding buying or selling properties.

Players

Sadya Liberow
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Sadya Liberow

Asset CRG Advisors

Broker

$142.8M

vol

33 deals

Broker

Brooklyn Development Site Market Snapshot

Boundary boundary · Development Site · Sale transactions

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Deal FAQ

About $550 per square foot on a published $825K for 1,500 square feet (2026).

Visit Sadya Liberow to view all their deals.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

19.23%

Cash-on-Cash

-5.50%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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