A rare opportunity to purchase has come to market in the Stuyvesant Heights section of Bed-Stuy, 86 Mac Dougal Street is an existing building with active DOB permits, architectural drawings and fully poured foundation ready to be developed into a multifamily townhouse. Located just four minutes stroll to the Ralph Ave C train, 86 Mac Dougal Street is an unbuilt estimated 4,948 sq ft end-use, investment or development property with the potential to be one of the largest houses in Stuyvesant Heights and Bed-Stuy. 86 Mac Dougal Street is an ideal end-use and income producing legal three-family development site waiting to be fully realized.
86 Mac Dougal Street in the Stuyvesant Heights section of Bedford Stuyvesant is a legal three-family currently vacant and unfinished:
-Lot: 18.75' X 100'
-Existing Building: 18.75' X 35'
-Existing Sq Ft: 1,968
-Unused FAR: 1,781
-Total Usable Floor Area: 3,750
-Zoning District: R6B
Fortuitously located, 86 Mac Dougal Street is in the heart of the Stuyvesant Heights and Bedford Stuyvesant renaissance on a well-maintained block lined with flowering dogwood trees. Nearby transportation and shopping create an ideal investment dynamic in a neighborhood that is on the rise.
*Please Note: Available for sale with contiguous property 84 Mac Dougal Street, a 3,750 sq ft finished double duplex asking $1,900,000 for a combined lot size of 38' X 100' and a combined 7,000 sq ft of residential space.
*Please Note: Current tax liability is $0/year based on seller's exemption on real estate taxes Please consult your tax expert to determine your own tax liability.
*Please Note: Current DOB filings are for a Two-Family House and will be conveyed with the sale. Drawings for a projected 5 Unit development will also be conveyed.
A peerless value, enviable investment and potential home, you must see 86 Mac Dougal Street. Make an appointment to view today with exclusive broker.