Back to Search

Stately Brownstone in Stuyvesant Heights

505 Macon St, Brooklyn, NY 11233

View on Map

For Sale

$1,800,000

Two-family brownstone with renovation potential in a desirable Brooklyn location.

Type:Multi Family

Property size:

2,850 SF

Lot size:

0.05 Acres

Price / SF:

$631/SF

HighLights

Prime gut renovation opportunity in Stuyvesant Heights.
Spacious 2,850 sq ft brownstone on a 20' x 100' lot.
Original pre‑war details (woodwork, fireplaces) ready for restoration.
Flexible configuration options: single‑family, owner's triplex, or two‑family investment.
Enjoy a private backyard and historic facade.
Convenient location near A/C subway lines, dining, and restored townhomes.

We can help!

Contact an agent

Raymond P Reis

For Sale

$1,800,000

Two-family brownstone with renovation potential in a desirable Brooklyn location.

Type:Multi Family

Property size:

2,850 SF

Lot size:

0.05 Acres

Price / SF:

$631/SF

Added:: Mar 12, 2026
Days on Market:: 120
Last Refresh:: Jul 5 at 1:51 pm

Property Features for 505 Macon St

General Information

Standard status: Active
Size: 2,850 SF
Lot size: 0.05 Acres
Property subtype: Multi Family

Building Details

Year Built: 1901

We can help!

Contact an agent

Raymond P Reis

Listing office eXp Realty LLC

Listing date Mar 12, 2026

Source Elliman

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of eXp Realty LLC

HighLights

Prime gut renovation opportunity in Stuyvesant Heights.
Spacious 2,850 sq ft brownstone on a 20' x 100' lot.
Original pre‑war details (woodwork, fireplaces) ready for restoration.
Flexible configuration options: single‑family, owner's triplex, or two‑family investment.
Enjoy a private backyard and historic facade.
Convenient location near A/C subway lines, dining, and restored townhomes.

Overview

Located on a picturesque block in Stuyvesant Heights, 505 Macon Street is a three-story, two-family brownstone with a basement/cellar. Constructed in 1901, this pre-war townhouse measures approximately 2,850 square feet on a 20-foot by 100-foot lot. The property is currently configured as two apartments across three floors, with additional space in the basement/cellar. The property offers a gut renovation opportunity with original brownstone details, including period woodwork, fireplaces, and other pre-war elements. The 20-foot width, private backyard, and historic facade provide a foundation for a customized reimagining. Options include creating a single-family residence, designing an owner’s triplex with garden rental, or crafting a two-family investment property. Situated between Stuyvesant Avenue and Malcolm X Boulevard, 505 Macon is surrounded by restored townhomes, neighborhood dining, and convenient access to the A/C subway lines.

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$145.4k	$51.00
− Vacancy	−$2.8k	−$0.97
EGI	$142.6k	$50.03
− OpEx	−$42.8k	−$15.01
NOI	$99.8k	$35.02

2,850 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%

Alternative Uses

Best Use

Multifamily LT 5

$1.43M

$1.25M – $1.66M (±1% cap)

NOI $99,812 @ 7.0% cap · market cap 5.55%

Second Best

Apartment 5plus

$1.24M

$1.09M – $1.45M (±1% cap)

NOI $87,008 @ 7.0% cap · market cap 4.83%

Theoretical Best

Specialty Retail

$2.36M

$2.06M – $2.75M (±1% cap)

NOI $165,186 @ 7.0% cap · market cap 9.18%

Zoning and permitted uses should be independently verified with local authorities.

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Location Insight

Map
Local Demand

City: Brooklyn
County: Kings
State: New York
Longitude: -73.9315
Latitude: 40.6834

Nearby Similar for Sale

$1,030,000

2,870 SF

New Retail Condo with Indoor Parking

Vacant, newly built retail condo with available indoor parking options for a wide range of businesses.

268 Bay Ridge Avenue, Brooklyn, NY 11220

View Details
$1,390,000

3,239 SF

First-Floor and Cellar Commercial Condo

Modern 2017 mixed-use condo with flexible space for office, medical, fitness, or community uses.

832 40th Street, Brooklyn, NY 11232

View Details
$3,100,000

6,362 SF

NNN Retail Strip with Parking

Modern 2015-built retail strip offers three storefronts and 10 in-door parking spaces for NNN tenants.

268 Bay Ridge Avenue, Brooklyn, NY 11220

View Details
$988,000

2,292 SF

Storefront Condo with Parking

Built in 2015 and currently used as a bakery, with indoor parking available for additional cost.

268 Bay Ridge Avenue, Brooklyn, NY 11220

View Details
$1,680,000

3,158 SF

Retail and Office Building

Modern storefront property with open lobby, multiple rooms, and two bathrooms for flexible retail or office use.

366 Kings Highway, Brooklyn, NY 11223

View Details
$900,000

29,171 SF

Corner Medical Suite with Private Entrance

Ground-floor corner suite zoned for ambulatory or diagnostic care, with waiting area, exam room, and private entry.

531 5th Street, Brooklyn, NY 11215

View Details
$999,000

15,000 SF

Turn-Key Supermarket Business Opportunity

Thriving supermarket business for sale in prime Gravesend location.

53-65 Quentin Road, Brooklyn, NY 11223

View Details
$999,000

8,820 SF

Established Supermarket Business For Sale

High-volume supermarket in Bensonhurst/Gravesend with excellent street exposure.

65 Quentin Road, Brooklyn, NY 11223

View Details
$7,200,000

23,400 SF

Brooklyn Mixed-Use Investment Opportunity

Mixed-use property in Brownsville with diverse income streams.

340 Junius Street, Brooklyn, NY 11212

View Details
$1,200,000

3,822 SF

Incomplete Renovation Church Conversion

In-progress renovation offers flexible space for offices, warehouse, retail, manufacturing, or religious use.

2769 Stillwell Avenue, Brooklyn, NY 11224

View Details
$590,800

1,200 SF

Ground-Level Retail Storefront with Parking

Ground-level retail store built in 2015 with available indoor parking and full possession for a flexible tenant buildout.

268 Bay Ridge Avenue, Brooklyn, NY 11220

View Details
$2,190,000

3,500 SF

Luxury Atelier & Designer Showroom

Turnkey, two-story luxury atelier in Sunset Park, Brooklyn.

821 39th Street, Brooklyn, NY 11232

View Details

For sale
Duplexes
NY
Brooklyn
11233
505 Macon St

What type of property is this?

Duplex - Two-family brownstone with renovation potential in a desirable Brooklyn location.

Where is this duplex located?

The property is located at 505 Macon St Brooklyn, NY.

What is the asking price?

The asking price for this property is $1,800,000.

What are key features of this property?

This property features: Prime gut renovation opportunity in Stuyvesant Heights.; Spacious 2,850 sq ft brownstone on a 20' x 100' lot.; Original pre‑war details (woodwork, fireplaces) ready for restoration.