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505 Macon Street, Brooklyn (Stuyvesant Heights), NY, 11233 | $1,800,000
Welcome to 505 Macon Street, a stately three-story two-family brownstone with a basement/cellar on a picturesque block in Stuyvesant Heights. Built in 1901 and measuring approximately 2, 850 square feet on a 20’ x 100’ lot, this pre-war townhouse offers the width, depth, and original character that Brooklyn buyers seek.
The home is currently configured as two apartments across three floors, with additional space in the basement/cellar. The property represents a prime gut renovation opportunity. Inside, you’ll still find some original brownstone details — period woodwork, fireplaces, and other pre-war elements — ready to be restored and incorporated into a modern vision.
Bring your architect and contractor to unlock the full potential here. Options abound: create a gracious single-family residence, design an owner’s triplex with garden rental, or craft a high-yield two-family investment. The 20-foot width, private backyard, and historic facade provide a strong foundation for a customized reimagining.
Situated between Stuyvesant Avenue and Malcolm X Boulevard, 505 Macon is surrounded by beautifully restored townhomes, vibrant neighborhood dining, and convenient access to the A/C subway lines.
At $1, 800, 000, this is a rare chance to reinvent a classic Brooklyn townhouse in one of the borough’s most desirable enclaves.
Features
- Town: Brooklyn
- Year Built: 1901
- Cooling: Unknown Type
- Building Access : Walk-up
- Service Level: None
- Built Size: 20'x50'
- OLR#: 00102923
- Days on Market: 239 days
- Website: https://www.raveis.com
/prop/00102923/505maconstreet_brooklyn_ny?source=qrflyer
All information is intended only for the Registrant’s personal, non-commercial use. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. RLS Data display by William Raveis Real Estate, Inc.Listing courtesy of EXP REALTY LLC
William Raveis Family of Services
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Customer Service
888.699.8876
Contact@raveis.com
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Frank KolbSenior Vice President - Coaching & Strategic, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 81725
203.980.8025
Frank.Kolb@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
505 Macon Street, Brooklyn (Stuyvesant Heights), NY, 11233
$1,800,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Frank Kolb
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
|
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $1,440,000 | $1,440,000 | $1,440,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.250% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.165% | 6.361% | 6.183% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $8,176 | $8,866 | $12,152 |
| Total Monthly Payment | $8,301 | $8,991 | $12,277 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
NY Licensed Mortgage Banker-NYS Banking Department LMBC 106535