NOT LISTED FOR SALE

723 Macdonough St Unit 2A Brooklyn, NY 11233

Ocean Hill Neighborhood

Estimated Value: $591,000 - $718,000

2 Beds
1 Bath
815 Sq Ft
$399/mo HOA Fee

Last Sold February 19, 2021

Last sale price $520,000 $638 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $3,932/month

59 Days on Market

Highlights

  • Pre War Building
  • 4-minute walk to Halsey Street (J Line)
  • 3-minute walk to Saratoga Park
  • Intercom

About This Home

As of February 2021

Welcome home to 723 MacDonough St, #2A, an affordable 2-Bed Condo with extremely LOW monthly carrying costs! This wonderful residence features hardwood floors throughout, large bedrooms, high ceilings & good light (exposures on all 4 sides: N,S,E,W). This property conveniently sits in close proximity to the Halsey Street J-train stop, Saratoga Park and Marion Hopkinson Playground. Within a few block radius you can enjoy very desirable eateries like the original Bed-Stuy Fish Fry, Lady Moo Moo, or wonderful cafes like MacDonough Cafe (directly across the street), Butch & Coco, and Little Skips East. This beautiful pre-war building (built around 1910) has a J-51 Tax Abatement. The property sits right at the intersection of 3 different neighborhoods: Bed-Stuy, Bushwick and Ocean Hill.Call/text/email for an appointment. Act fast...this deal won't last!

Last Agent to Sell the Property

Edward Ugrinsky

Corcoran Group License #10401283710 Listed on: 09/29/2020

Corcoran Group

Co-Listed By

Daniel Cohen

Corcoran Group License #10401261296

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $310

Year Built

  • Built in 1910

Lot Details

  • 5,314

HOA Fees

  • $399 Monthly HOA Fees

Home Design

  • Pre War Building
  • Entry on the 2nd floor

Interior Spaces

  • 815 Sq Ft Home
  • 1-Story Property
  • Intercom

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Community Details

  • Bedford Stuyvesant Subdivision

Property Details

Home Type

Condominium

Est. Annual Taxes

$310

Year Built

Built in 1910

Lot Details

0

HOA Fees

$399 per month

Listing Details

  • Cross Street: Saratoga Avenue & Thomas S Boyland Street
  • Exposures: East,North,South,West
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Bedford - Stuyvesant
  • Architectural Style: Prewar
  • Entry Level: 2
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Equipment (Other): Intercom
  • Living Area: 815.0
  • Living Area Units: Square Feet
  • Rooms (Total): 4

Beds/Baths

  • Full Bathrooms: 1
  • Bathrooms Integer: 1
  • Bedrooms: 2

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 398.83
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: No
  • Total Stories: 1
  • Year Built: 1910

Tax Info

  • Tax Annual: 310.08

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2020
Closed on
Feb 19, 2021
Sold by
Dunkwu Roseline
Bought by
Hoerner Rachel and Savastano Steven
Seller's Agent
Edward Ugrinsky
Corcoran Group
List Price
$525,000
Sold Price
$520,000
Premium/Discount to List
-$5,000
-0.95%
Current Estimated Value
$640,064

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$120,064
Avg. Annual Appreciation
4.59%
Original Mortgage
$416,000
Outstanding Balance
$372,066
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$267,998
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Hoerner Rachel $520,000 --
Hoerner Rachel $520,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hoerner Rachel $416,000
Closed Hoerner Rachel $416,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/19/2021 02/19/21 Sold $520,000 -1.0% $638 / Sq Ft
11/27/2020 11/27/20 Pending -- -- --
09/28/2020 09/28/20 For Sale $525,000 -- $644 / Sq Ft
Source: Real Estate Board of New York (REBNY)

Tax History Compared to Growth

Source: Public Records

Tax History

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
2025 $1,506 $52,770 $2,070 $50,700
2024 $1,506 $48,833 $2,070 $46,763
2023 $351 $46,657 $2,070 $44,587
2022 $351 $46,613 $2,070 $44,543
2021 $275 $41,063 $2,070 $38,993
2020 $75 $47,138 $2,070 $45,068
2019 $313 $46,425 $2,070 $44,355
2018 $316 $46,612 $2,069 $44,543
2017 $316 $42,562 $2,069 $40,493
2016 $320 $42,300 $2,070 $40,230
2015 $21 $41,662 $2,069 $39,593
2014 $21 $29,588 $2,070 $27,518
Source: Public Records

Agents Affiliated with this Home

  • Edward Ugrinsky

    Seller's Agent in 2021

    Edward Ugrinsky

    Corcoran Group

    (718) 210-4053

    3 in this area

    116 Total Sales

    Edward Ugrinsky
    Section Image
  • Daniel Cohen

    Seller Co-Listing Agent in 2021

    Daniel Cohen

    Corcoran Group

    (862) 823-2674

    5 in this area

    216 Total Sales

    Daniel Cohen
    Section Image
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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10671506

Real Estate Board of New York (REBNY)

APN: 01498-1003

New York Kings County Brooklyn 11233 Ocean Hill

723 Macdonough St Unit 2A, Brooklyn, NY

This home is located at 723 Macdonough St Unit 2A, Brooklyn, NY 11233 since 29 September 2020 and is currently estimated at $640,064, approximately $785 per square foot. This property was built in 1910. 723 Macdonough St Unit 2A is a home located in Kings County with nearby schools including P.S./I.S. 137 Rachel Jean Mitchell, P.S. 178 Saint Clair Mckelway, and P.S. Is 155 Nicholas Herkimer.

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Real Estate Board of New York (REBNY) This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved.

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