by RH Advisors

See Home Value
$445,000
Condo - Off Market

205 Macdougal Street #2A

Brooklyn, NY 11233
bedrooms
1 Bed
bathrooms
1 Bath
square feet
571 Sqft
$472,859
RealtyHop Estimate
6.26%
Since Jun 1, 2022
NY-New York
Primary Model

About This Property

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.
Unit Size
571Ft²
Days on Market
365 days
Land Size
-
Price per sqft
$779
Property Type
Condo
Property Taxes
$400
HOA Dues
$255
Year Built
2016
Last updated: 3 months ago (RLS #OLRS-1731127)

Price History

Date / Event Date Event Price
May 20, 2022 Sold to Ziqing Chen $445,000
Sold to Ziqing Chen
Apr 11, 2022 In contract -
In contract
Mar 6, 2022 Price Decreased $445,000
↓ $40K (8.3%)
Price Decreased
May 25, 2021 Listed by Compass $485,000
Listed by Compass
Mar 15, 2019 No longer available -
No longer available
Show More

Property Highlights

Air Conditioning
Interior Details

Bedroom Information

Bedrooms: 1

Bathroom Information

Full Bathrooms: 1

Interior Information

Interior Features: Entrance Foyer
Appliances: Dryer, Washer
Living Area: 571

Room Information

Rooms: 3
Exterior Details

Property Information

Year Built: 2018

Building Information

Pets Allowed: Building No, No

Lot Information

Lot Size Dimensions: 25.0 x 100.0

Land Information

Tax Lot: 60
Tax Block: 1527


Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Condo
1 Bed
1 Bath
571 ft²
$804/ft²
$459,000 Feb 5, 2018
$459,000 Feb 14, 2019
$565/mo
Condo
1 Bed
1 Bath
-
$425,000 Jul 15, 2021
$425,000 Dec 28, 2021
$213/mo
Condo
1 Bed
1 Bath
-
$445,000 Mar 24, 2021
$445,000 Feb 2, 2022
$213/mo
Condo
1 Bed
1 Bath
-
$420,000 Mar 24, 2021
$420,000 Jan 13, 2022
$213/mo
Condo
1 Bed
1 Bath
-
$450,000 Mar 24, 2021
$450,000 Feb 22, 2022
$236/mo
Condo
1 Bed
1 Bath
-
$480,000 Jul 21, 2022
$480,000 Oct 20, 2022
$431/mo
Condo
1 Bed
2 Baths
725 ft²
$683/ft²
$495,000 Nov 20, 2023
-
$681/mo
Condo
1 Bed
2 Baths
728 ft²
$680/ft²
$495,000 Mar 12, 2024
-
$680/mo
Condo
1 Bed
1 Bath
555 ft²
$946/ft²
$525,000 Oct 27, 2023
-
$710/mo
Condo
1 Bed
1 Bath
530 ft²
$915/ft²
$485,000 Mar 28, 2024
-
$986/mo
Condo
1 Bed
1 Bath
557 ft²
$889/ft²
$495,000 Sep 17, 2023
-
$517/mo
Condo
1 Bed
1 Bath
612 ft²
$752/ft²
$460,000 Mar 8, 2018
-
$820/mo

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20210525 Unit 2A
05/25/2021
2A
1 Bed
1 Bath
571 ft²
$485,000
bedrooms
1 Bed
bathrooms
1 Bath
square feet
571 ft²
$445,000 -8.25%
05/20/2022
Grant Braswell
Compass
20180205 Unit 2A
02/05/2018
2A
1 Bed
1 Bath
571 ft²
$439,000
bedrooms
1 Bed
bathrooms
1 Bath
square feet
571 ft²
$459,000 +4.56%
02/14/2019
-
Jessica Peters
Elliman

Building Info

205 Mac Dougal Street 205 Mac Dougal Street, Brooklyn, NY 11233
  • 8 Units
  • 1 Unit for Sale
More about this Building
205 Mac Dougal Street
Want to find out who owns 205 Mac Dougal Street, Brooklyn, NY 11233? Get detailed property transactions here .

About Central Brooklyn


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