Renovated Brownstone
424 Macon Street Brooklyn, NY 11233
For Sale
$2,775,000
Pending
MULTI_FAMILY - Other - Brooklyn, NY
Property Size3,600 SF
Days on Market100
Property Features for 424 Macon Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 5
- Bathrooms
- 4
- Rooms
- Bedroom 4, Bedroom 2, Bathroom 4, Bathroom 3, Bedroom 1, Bathroom 2, Bedroom 3, Bathroom 1, Bedroom 5
- Standard status
- Pending
Building Details
- Architectural style
- Other
Listing Agency:
Compass
(646) 982-0353
Listed By:
Amy Mendizabal
Added: Apr 16
Changed: Jul 17
Last Checked: Jul 24 at 7:06AM
MLS# 11693671
Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Renovated double duplex townhouse in a traditional brownstone with character throughout. The home includes newly finished kitchens and bathrooms, restored hardwood floors in multiple rooms, decorative fireplace mantles, and original details such as tin ceilings. Unit 1 offers a garden-level entry with two bedrooms and one full bath, plus a parlor-level layout with loft-like open living and dining rooms, an adjacent renovated kitchen, and two full baths total across the unit’s floors. The parlor front living room has soaring ceilings, decorative fireplace features, and extra-tall windows, with the option noted to convert the front parlor into an additional bedroom. Unit 2 spans the 3rd and 4th floors with a bright living-dining area anchored by a newly renovated kitchen, an office, a full bath with laundry, and a top floor with three bedrooms, one full bath, and abundant closet space. The finished basement is included, and square footage is stated to include an 800 SF cellar.
The property is located in Stuyvesant Heights and is described as being close to A/C train access at Utica Street, as well as Fulton Park and El-Shabazz Playground.
The home is tenant-occupied and can be delivered vacant with 24–48 hours’ notice required.
The property is located in Stuyvesant Heights and is described as being close to A/C train access at Utica Street, as well as Fulton Park and El-Shabazz Playground.
The home is tenant-occupied and can be delivered vacant with 24–48 hours’ notice required.
Key Highlights
- Historical Landmark double duplex townhouse with approx 3,600 SF of living space, plus a finished basement that includes an 800 SF cellar
- Renovated kitchens and bathrooms throughout the home
- Private garden with south‑facing bedroom offering direct access, plus a covered bike parking area near the entry
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $183.6k | $51.00 |
| − Vacancy | −$3.5k | −$0.97 |
| EGI | $180.1k | $50.03 |
| − OpEx | −$54.0k | −$15.01 |
| NOI | $126.1k | $35.02 |
3,600 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.80M
$1.58M – $2.10M
NOI $126,078 @ 7.0% cap · market cap 4.54%
Second Best
Apartment 5plus
$1.57M
$1.37M – $1.83M
NOI $109,904 @ 7.0% cap · market cap 3.96%
Theoretical Best
Specialty Retail
$2.98M
$2.61M – $3.48M
NOI $208,656 @ 7.0% cap · market cap 7.52%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
true art
Art Gallery
FAQs
What type of property is this?
Duplex - Renovated double duplex townhouse with private garden, newly finished kitchens and bathrooms, and a finished basement.
Where is this duplex located?
The property is located at 424 Macon Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $2,775,000.
What are key features of this property?
This property features: Historical Landmark double duplex townhouse with approx 3,600 SF of living space, plus a finished basement that includes an 800 SF cellar; Renovated kitchens and bathrooms throughout the home; Private garden with south‑facing bedroom offering direct access, plus a covered bike parking area near the entry
