751-755 McDonald Ave Portfolio Multi-Family FOR SALE


Brooklyn, NY - Kensington
$6,990,000 USD
917-882-8031
, Brooklyn, NY for Sale
$6,990,000 USD
Multi-Family - FOR SALE
1/2
null | 6.14% Cap Rate

751-755 McDonald Ave Portfolio
Brooklyn, NY
Kensington


HIGHLIGHTS

  • The buildings are only available as a package - no option for individual building purchase.

OVERVIEW

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.

ASK ABOUT THIS PROPERTY

Carey YangExit Realty ProfessionalsMore Info
917-882-8031

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Carey YangExit Realty ProfessionalsMore Info
917-882-8031

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.