116 Macon St
Brooklyn, NY 11216
Multifamily Property For Sale · 4 Units

Cushman & Wakefield (“C&W”) has been exclusively retained to arrange the sale of 116 Macon Street. The property is located in the heart of Bedford-Stuyvesant, one of Brooklyn’s most dynamic and rapidly evolving neighborhoods. This four-unit residential walkup comprises approximately 3,201 square feet (16.67’ x 48’) across a 1,667 square foot lot (16.67’ x 100’). The building features four two-bedroom, one-bathroom units, offering a consistent and desirable unit mix well-suited to the neighborhood’s robust renter demand. The property’s Tax Class 2A designation, carrying an annual tax of $16,073 provides meaningful financial predictability for ownership. The site is zoned R6B, presenting a compelling sub-rehabilitation and condo conversion opportunity for investors seeking to unlock significant value-add upside. 116 Macon Street benefits from an exceptional location in close proximity to Atlantic Avenue — one of Brooklyn’s premier retail corridors — and is just steps from the A and C trains at the Nostrand Avenue station on Fulton Street. This ensures outstanding commuter connectivity for residents traveling throughout the borough and beyond, while placing them within easy reach of the shopping, dining, and cultural amenities that define the neighborhood. This offering represents a rare opportunity to acquire a well-positioned residential asset with meaningful repositioning potential and long-term appreciation in one of Brooklyn’s most compelling markets. Pricing is available upon request. Please direct all inquiries to Cushman & Wakefield.