Rate It: 513 MacDonough Street Sells for $420,000
This three-story, three-family brick townhouse at 513 MacDonough Street just sold for $420,000.

This three-story, three-family brick townhouse at 513 MacDonough Street just sold for $420,000. GMAP
This three-story, three-family brick townhouse at 513 MacDonough Street just sold for $420,000.
This three-story, three-family brick townhouse at 513 MacDonough Street just sold for $420,000. GMAP
Yes it’s worth it.
There’s only been a dozen murders in this precinct this year, including those 2 kids who were gunned down in September while sitting on their stoop about a block west of this place.
TOTALLY worth it.
“But I don’t begrudge others the opportunity to make these sorts of calculations.”
Yes, LOL and they are always extremely precise but rarely accurate!!!!!
“People tend not to account for this risk.”
You are correct. There are many contingencies that I don’t have time to factor into my plans. There is an inherent set of risks in life. One’s house depreciating in value is one of those risks. I personally am not going to spend too much time worrying about this because I have other things that I find more pressing. But I don’t begrudge others the opportunity to make these sorts of calculations.
yes indeedie Mopar it’s brick laced with orginal brownstone. And look there’s a ADT sign in the gate evidence of recent work. no?
The naysayers wanna spend triple to live in a plain Jane siding house in slummy parts of Park slope breathing fumes from BQE traffic. Let them stay away.
BHO dont be a loaf stop “Wonder”ing how much bread you’re gonna have to drop and make a move;) Big O is offering $$$ if you buy this year.
Sounds like a great deal, 420 for a brick townhouse in brooklyn! Where else can you find a deal like this? It’ actually a very nice block.
mopar, the naysayers don’t own homes.
You naysayers are the same ones who complain that the cost of ownership in Park Slope, etc., is higher than the cost of renting. Yet when you see a house where the cost of owning is in line with renting (cheaper, actually), you dismiss it and say it’s overpriced.
The only way this house could go lower would be if rents continue to decrease. Or if it were vandalized to the point where you would need cash or a 203K loan to buy it.
This is a wonderful bargain for a brick house in this area. Presumably it needs an electrical and plumbing upgrade, but is currently habitable — hence the price. Please note that cost of owning is considerably less than renting.
This is a wonderful bargain for a brick house in this area. Presumably it needs an electrical and plumbing upgrade, but is currently habitable — hence the price. Please note that cost of owning is considerably less than renting.