19
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$2,100,000
Est. payment /mo
3,600 SqFt
Price Dropped by $99K
1806 McDonald AVE Brooklyn, NY 11223
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Key Details
Property Type Other Rentals
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 3,600 sqft
Price per Sqft $583
MLS Listing ID 499087
Year Built 1931
Annual Tax Amount $24,748
Property Sub-Type Mixed Use
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 1 car. 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 $400 per month. Taxes: $24,748 per year. Total income for a year: $147,180. The building expenses for heat, water, insurance, etc. are $38K-41K per year. Lot 20x80, Building 20x60. Don't miss!
Location
State NY
County Kings (brooklyn)
Area Midwood
Zoning C8-2
Rooms
Basement Full, Unfinished
Interior
Interior Features Kitchen
Hot Water Gas
Heating Gas
Flooring Hardwood
Heat Source Gas
Exterior
Exterior Feature Brick
Roof Type Flat
Building
Story 3
Foundation Poured Concrete
Others
Energy Description Gas
Financing 1031 Exchange,Bank Mortgage,Cash
Listed by Superior Realty Service
Nearby Locations
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