755 McDonald Ave - Apartments FOR SALE


Brooklyn, NY 11218- Kensington
$2,995,000 USD
917-882-8031
755 McDonald Ave, Brooklyn, NY for Sale
$2,995,000 USD
Apartments - FOR SALE
1/18
null | 5.85% Cap Rate

755 McDonald Ave
Brooklyn, NY 11218
Kensington


HIGHLIGHTS

  • Heavy Foot Traffic

OVERVIEW

The 14-units (12 Apts. + 2 Stores) walkup building is located on McDonald Ave just off of Ditmas Ave. 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.

FOR SALE DETAILS

PRICE

$2,995,000 USD

PRICE/SF

$329 USD /SF

# OF UNITS

12

PRICE/UNIT

$249,583

CAP RATE

5.85%

% LEASED

92%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1930

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.08 AC

LAND SF

3,485 SF

ZONING

M1-1

APN/PARCEL ID

05385-0056

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 Policy.

Carey YangExit Realty ProfessionalsMore Info
917-882-8031

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