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Development Site at 86 Macdougal Street in Brooklyn

Development Site at 86 Macdougal Street in Brooklyn
FOR SALE

$1,299,000

86 Macdougal Street, Brooklyn, NY 11233

Property Description

Asset CRG Advisors is pleased to present a development opportunity at 86 Mac Dougal Street, located in Bedford-Stuyvesant, Brooklyn. The property sits on a 1,875 SF lot with 3,750 buildable square feet and 4,500 buildable square feet under City of Yes, offering strong residential potential.


The site features approved plans for 5 residential units, and the structure is 35% complete, providing a solid foundation for development. Ideally positioned just steps from Ralph Avenue [A, C] and a short walk to Chauncey Street [J, Z], with nearby B25 and B46 bus lines, the property offers excellent transit access.


The area is surrounded by major retailers including Walgreens, Dunkin’, McDonald’s, and Bravo Supermarket, enhancing its appeal for future residents and investors.


Property Details

Asset Type

Development Site

Zoning

R6B

Lot Size

1,875 SF

Neighborhood

Bedford-Stuyvesant

Submarket

Brooklyn

ZIP

11233

Listing Type

sale

Net Operating Income (NOI)

$0

Debt Service Coverage Ratio (DSCR)

0.00x

Cap Rate

0.00%

Cash Flow (Annual)

-$73,895

Cash-on-Cash Return

-22.75%

Monthly Debt Service

$6,158

Annual Debt Service

$73,895

View on Map

Address

86 Macdougal Street

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Brooklyn Development Site Market Snapshot

Boundary boundary · Development Site · Sale

No investors found in this market.

Contact the Listing Team

Sadya Liberow
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Sadya Liberow

Managing Partner | Investment Sales Division

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Sadya Liberow
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Sadya Liberow

Managing Partner | Investment Sales Division

33 closed

Call