755 McDonald AVE Active Save Request In-Person Tour Request Virtual Tour
Brooklyn,NY 11218
Key Details
Property Type Other Rentals
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 9,096 sqft
Price per Sqft $329
MLS Listing ID 489996
Year Built 1930
Annual Tax Amount $68,816
Lot Dimensions 40 X 85
Property Sub-Type Mixed Use
Property Description
Incredible investment property in Kensington Brooklyn. The money maker building offers two commercial spaces and twelve residential units which is generating $ 294,000 yearly, cap rate @ 5.85%. It located at a very busy spot of McDonald Avenue and right next to Ditmas Avenue. The two commercial stores are vacant currently, plus two vacant apartments. This is a great potential building that you shouldn't miss out. Take a closer look.
Location
State NY
County Kings (brooklyn)
Area Kensington
Zoning M1-1
Rooms
Basement Full
Interior
Interior Features Kitchen
Hot Water Oil
Heating Oil
Flooring Hardwood
Heat Source Oil
Exterior
Exterior Feature Brick
Roof Type Flat
Handicap Access No
Building
Story 4
Foundation Poured Concrete
Others
Energy Description Oil
Financing 1031 Exchange,Bank Mortgage,Cash