229 Macdougal St Brooklyn, NY 11233
Ocean Hill NeighborhoodEstimated payment $8,338/month
Highlights
- Baseboard Heating
- 4-minute walk to Rockaway Avenue (A,C Line)
- 4-minute walk to Marion Hopkinson Playground
- P.S. 165 Ida Posner Rated 9+
About This Home
INVESTOR OPPORTUNITY — Three income streams under one roof in Ocean Hill, Brooklyn. Income-producing basement studio (separate ground-level front entrance, r — income starts day one) plus owner's side; first-floor 2-bedroom plus separate basement with flex space. opening to a private backyard/patio; top-floor 3-bedroom / 1 bath. Projected ~$93,600/year gross rent at today's market rates = ~4.9% cap rate and 15.5 gross rent multiplier at list price. Live in one unit and let the other two carry the mortgage, or run it as a pure 3-unit investment — renovated 2-bedrooms command $3,000+ and 3-bedrooms $3,200+ in the neighborhood. Same-street comps support the price (recent MacDougal sale $1.55M). NYC Tax Class 1 keeps property taxes among the lowest in the city. A/C trains at Rockaway Ave — approx. 30 minutes to Midtown. Floor plans available. ALL OFFERS CONSIDERED. Broker open house Saturday, September 26, 11 AM–1 PM; public open house Sunday, September 27, 12–2 PM. Shown by appointment.
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Listing Agent
Exit Realty All City Brokerage Phone: 718-276-0077 License #10401282997 Listed on: 09/19/2026
Open House Schedule
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Saturday, September 26, 202612:30 to 2:00 pm9/26/2026 12:30:00 PM +00:009/26/2026 2:00:00 PM +00:00Add to Calendar
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Sunday, September 27, 202612:30 to 2:00 pm9/27/2026 12:30:00 PM +00:009/27/2026 2:00:00 PM +00:00Add to Calendar
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,809
Year Built
- Built in 1910
Parking
- On-Street Parking
Home Design
- Triplex
- Frame Construction
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Full Bathrooms
Schools
- Brooklyn Landmark Elementary School
- Brooklyn Environmental Exploration Middle School
- Contact Agent High School
Utilities
- Cooling Available
- Baseboard Heating
Additional Features
- Washer and Dryer Hookup
- 2,000 Sq Ft Lot
- Finished Basement
Community Details
- 3 Units
Listing and Financial Details
- Assessor Parcel Number 01527-0048
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2026 | $1,844 | $55,380 | $17,040 | $38,340 |
| 2025 | $1,819 | $48,120 | $17,040 | $31,080 |
| 2024 | $1,819 | $51,120 | $17,040 | $34,080 |
| 2023 | $1,723 | $62,760 | $17,040 | $45,720 |
| 2022 | $58 | $51,360 | $17,040 | $34,320 |
| 2021 | $44 | $39,660 | $17,040 | $22,620 |
| 2020 | $16 | $48,060 | $17,040 | $31,020 |
| 2019 | $8 | $44,640 | $17,040 | $27,600 |
| 2018 | $1,382 | $8,238 | $3,352 | $4,886 |
| 2017 | $1,288 | $7,790 | $2,558 | $5,232 |
| 2016 | $1,164 | $7,372 | $3,266 | $4,106 |
| 2015 | $667 | $7,363 | $3,674 | $3,689 |
| 2014 | $667 | $7,262 | $4,313 | $2,949 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/19/2026 09/19/26 | For Sale | $1,450,000 | -- | $967 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $409,600 | -- | |
| Deed | $181,506 | -- | |
| Deed | $450,000 | -- | |
| Deed | -- | Chicago Title Insurance Co | |
| Deed | $17,000 | Chicago Title Insurance Co |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $818,070 | Unknown | |
| Closed | $10,937 | No Value Available | |
| Closed | $399,216 | Purchase Money Mortgage | |
| Previous Owner | $90,000 | No Value Available | |
| Previous Owner | $360,000 | Purchase Money Mortgage | |
| Previous Owner | $196,000 | No Value Available | |
| Previous Owner | $150,000 | No Value Available | |
| Previous Owner | $10,000 | Unknown |
Source: OneKey® MLS
MLS Number: 1052955
APN: 01527-0048
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Based on information submitted to the MLS GRID
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