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860 McDonald Avenue, Brooklyn, New York, 11219

$1,530,000

0

Beds

Bathrooms

0

Building Sqft

0.05

Acres

2,240

Lot Sqft

About 860 McDonald Avenue

Mixed-use property featuring 1 commercial storefront and 3 residential units in a prime Brooklyn location. Fully occupied with stable tenants and current gross rental income of $7,230/month ($86,760/year). Separate gas, electric, and hot water systems for all units, resulting in low operating expenses. Annual expenses include approximately $7,165 property tax, $2,400 insurance, and $1,800 water/sewer. Approximate 4.9% Cap Rate with potential for future rent growth. Conveniently located near public transportation, shopping, restaurants, schools, and other neighborhood amenities. Excellent opportunity for investors, 1031 exchange buyers, or owner-users. Showings by appointment only.

Features of 860 McDonald Avenue

MLS® #
502158
Acres
0.05
Type
Mixed Use
Price
$1,530,000
Sub-Type
Mixed Use

Community Information

Address
860 McDonald Avenue
City
Brooklyn
County
Kings (Brooklyn)
State
New York
Zip Code
11219

Listing Information

Agent Name
Yu Ling (Eva) Chen
Agent Office
E House Realty & Mgt. Inc.

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(718) 987-7900