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$2,995,000
Est. payment /mo
9,096 SqFt
Active
755 McDonald AVE Brooklyn, NY 11218
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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
Listed by Exit Realty Professionals