Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $445,000

· Sold at asking price · Closed May 25, 2022

SOLD: 205 Macdougal Street #2-A
SOLD $445,000
Sold Condo

$445,000

$779 per sq ft

205 Macdougal Street #2-A

Ocean Hill, Brooklyn

MLS® #RLS10773046

RLS at REBNY

Listing by Compass

1

Bedroom

1

Bath

571

Sq. Ft.

2018

Year Built

Sale Details

Sale Price $445,000
Original List Price $445,000
Close Date May 25, 2022
vs. Asking Sold at asking price

Property Summary

Bedrooms 1
Bathrooms 1
Living Area 571 sq ft
Year Built 2018
Ownership Condo
Common Charges $255/mo
Property Taxes $4,800/yr
Neighborhood Ocean Hill
Floor 2 of 4

Description

SIGNIFICANT PRICE IMPROVEMENT! DEAL FELL THROUGH! While new condos seem to pop up on every corner of the neighborhood these days, 205 Macdougal was one of the first ground-up new construction projects when it finished in 2017. Now joined by developments on Herkimer, Sumpter, even Macdougal, this is one that has seen the area rise around it! The first resale in the building is only taking place because the seller has accepted a job in another state and does not want the responsibility of owning a rental despite what would be an excellent cap rate in an appreciating market. That said, the opportunity is now yours to own for barely more than was paid for the space, and for less then renting a comparable home would cost! Improvements have been made to the space after purchase, including California Closets, Electric Shades, and Stacking Washer/Dryer. first one bedroom resale at 205 Macdougal in booming Ocean Hill, Brooklyn. One of the last neighborhoods where you can find affordable homes with restaurants, coffee shops, and nightlife just around the corner. While larger condominiums are going up around the corner, 205 Macdougal is only 8 units in total so you'll you actually know your neighbors! The space has been improved since the building was completed, with the addition of a washer/dryer and California closets to help with storage. Now that Bed Stuy is the 3rd coolest neighborhood in the country according to various magazines and blogs, we're starting to see infrastructure. Everything from pizza shops with imported soda (Cuts and Slices) to a coffee shop with a liquor license up the street (Daily Press). People used to think it was crazy to purchase past Nostrand Avenue, yet here we are! Transportation options abound with the Rockaway Ave. A/C train located just 2.5 blocks away, plus the JMZ nearby at Chauncey Street and the L train at Bushwick Ave.

Property Details

Type Condo
Ownership Condominium
Total Rooms 3
Cooling Central Air
Year Built 2018
Living Area 571 sq ft

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RLS at REBNY

Listing courtesy of Andrew Rose at Compass. Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved.

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