Skip to content

751 McDonald Avenue, Brooklyn, New York, 11218

$6,250,000

0

Beds

Bathrooms

18,192

Building Sqft

0.16

Acres

6,800

Lot Sqft

About 751 McDonald Avenue

Two solid buildings @ 751-755 Mcdonald Avenue in Kensington offered one building with 2 commercial stores and 3 floors of warehouse and the second building with 2 commercial stores and 12 residential apartments unique opportunity, both buildings have full basements. Incredible investment opportunity. This property 751 Mcdonal Ave is a four stories plus a full basement brick building which is vacant currently, the store front is a retail space which is appx 2,600 sqft, Certificate of Occupancy #300087901-02, projected yearly income $306K. 755 McDonald Ave is a four stories plus a full basement brick building as well. It consists of two stores and twelve apartments, gross yearly income $294,000, net income $ 175,357. Certificate of Occupancy #300087894-02. The six commercial spaces between two buildings will be vacant at the closing. The total projected yearly income is $600,000, net projected yearly income $428,960, cap rate 7%. Only steps away from train station and Ditmas Avenue. All rent roll and expenses break downs will be provided upon requested.

Features of 751 McDonald Avenue

MLS® #
495596
Acres
0.16
Type
Mixed Use
Price
$6,250,000
Square Footage
18,192
Year Built
1930
Sub-Type
Mixed Use

Community Information

Address
751 McDonald Avenue
City
Brooklyn
County
Kings (Brooklyn)
State
New York
Zip Code
11218

Listing Information

Agent Name
Rui (Nancy) L Wu
Agent Office
Exit Realty Professionals

Get Directions to Property:

Payment Calculator

(718) 987-7900