132 Macon Street

investment details

Property Type: Residential Rental Building/6 Units
Neighborhood: Bedford–Stuyvesant, Brooklyn
Updates: Renovation and rented, pending refinancing
Completion Date: August 2020 

investment overview

132 Macon Street is a 4-story building with 6 residential units, which was purchased by East Group Capital (“EGC”) for $1.57M. EGC had and invested approximately $330M for renovating the building which included the renovation of all 6 apartments, as well as the common areas, basement, and roof. The renovations were completed in the summer of 2020, and all 6 apartments had been rented. The first refinancing is expected to be finalized in January 2021. 

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If you ready to invest in one of our future projects or have question about any of our current one, please contact us below. One of our staff will get back you as soon as possible.

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