1806 Mcdonald Avenue, Brooklyn, New York 11223

$2,100,000
3,600
SqFt

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List Price
$2,100,000
Status
ACTIVE
MLS#
502084
Sq. Ft
3,600
Year Built
1931

Property Description

Mixed use corner building for sale in the heart of Gravesend/Midwood. Great opportunity for investor to buy a mixed use property with 2 stores and 2 apartments, parking for 2 cars. 1st floor has a restaurant and barber shop, 2nd and 3rd floors have apartments for rent 4 bedroom each. Prime location, semi-attached building close to trains, shopping and stores. Rents: 4 bedroom apartment on the 2nd floor $2,150 mth; 3rd floor apartment 4 bedroom $2,440 mth; restaurant $5,865 month; barber shop $1,810 mth. The restaurant has a lease for the next 1.5 years, barber shop has a lease for the next 1 year, apartments have 1 year leases that finish in March and September accordingly, back yard parking spots can be rented for $500 per month. Taxes: $24,748 per year. Total income for a year: $153180. The building expenses for heat, water, insurance, etc. are $38K per year. Lot 20x80, Building 20x60. Don't miss!

Additional Information

Lot Size
1,600
Stories
3
Parking Description
2 Spaces
Heat Source
Gas
Year Built
1931
Zoning
C8-2
Sale Type
Arm's Length
Bank Financing
Bank Mortgage, Cash
Building Type
Semi-Detached
Year Built
1931
Basement
Full, Unfinished
Lot Dimensions
80 x 20
Building Dimensions
60.00 x 20.00
Estimated Yearly Tax Amount
$24,748

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Calculator source: Real Geeks

Listing courtesy of Superior Realty Service.