Incredible investment opportunity for two buildings in Kensington Brooklyn. 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 about 6% plus. All rent roll and expenses break downs will be provided upon requested.
For sale
$6,990,000
751 McDonald Ave, Brooklyn, NY 11218
--beds
0baths
18,192sqft
Mixed Use
Built in 1930
6,800 Square Feet Lot
$6,633,000 Zestimate®
$384/sqft
$-- HOA
What's special
Commercial spacesRetail space
- 33 days |
- 138 |
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