Six-Unit Multifamily
654 Macdonough Street Brooklyn, NY 11233
For Sale
Contact for pricing
Six-unit Class A multiple dwelling built in 1910, approximately 5,250 SF, delivered vacant at closing and sold as-is.
Property Size5,250 SF
Price / SF$380.95
Days on Market29
Property Features for 654 Macdonough Street
General Information
Standard status
Active
Size
5,250 SF
Property subtype
Multifamily
Building Details
Year Built
1910
Listing Agency:
YourHomeSold Guaranteed Realty
(718) 324-6060
Listed By:
Steven Prashad
Source:
Crexi
Added: Jun 29
Changed: Jul 21
Last Checked: Jul 26 at 3:44PM
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 YourHomeSold Guaranteed Realty
Investment Insights
Based on property information with market context.
This property is a six-unit Class A multiple dwelling built in 1910, totaling approximately 5,250 square feet. The building is being delivered vacant at closing and is offered as-is.
The property is located at 654 Macdonough Street in Brooklyn, NY 11233.
The sale is structured as a straightforward as-is acquisition, with vacancy provided at closing for immediate possession.
The property is located at 654 Macdonough Street in Brooklyn, NY 11233.
The sale is structured as a straightforward as-is acquisition, with vacancy provided at closing for immediate possession.
Key Highlights
- 6‑unit Class A multiple dwelling built in 1910
- Approximately 5,250 SF building size
- Delivered vacant at closing
Financial Insights For Apartment 5plus
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 | $297.4k | $56.64 |
| − Vacancy | −$5.9k | −$1.13 |
| EGI | $291.4k | $55.51 |
| − OpEx | −$131.1k | −$24.98 |
| NOI | $160.3k | $30.53 |
5,250 SF · lease $56.64/SF/yr · vacancy 2.00% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$2.29M
$2.00M – $2.67M
NOI $160,277 @ 7.0% cap · market cap 8.01%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$4.35M
$3.80M – $5.07M
NOI $304,290 @ 7.0% cap · market cap 15.21%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Apartment building - Six-unit Class A multiple dwelling built in 1910, approximately 5,250 SF, delivered vacant at closing and sold as-is.
Where is this apartment building located?
The property is located at 654 Macdonough Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: 6‑unit Class A multiple dwelling built in 1910; Approximately 5,250 SF building size; Delivered vacant at closing
