1806 McDonald AVE Active Save Request In-Person Tour Request Virtual Tour
Brooklyn,NY 11223
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 $748
MLS Listing ID 486044
Year Built 1931
Annual Tax Amount $23,649
Property Sub-Type Mixed Use
Property Description
Mixed use corner building for sale in the heart of Gravesend/Midwood. Great opportunity for investment in 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 are 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 month; 3rd floor apartment 4 bedroom $2,300 month; restaurant $5,700K month; barber shop $1,750K. The restaurant has a lease for the next 4 years, barber shop has a lease for the next 3 years, apartments have 1 year leases that finish in April and September accordingly, back yard parking spot can be rented for $300 per month. Taxes: $23,649yr. Total income for a year: $142,800 Lot 20x80, Building 20x60.
Location
State NY
County Kings (brooklyn)
Area Midwood
Zoning C8-2
Rooms
Basement Full,Unfinished
Interior
Interior Features Kitchen,Restrooms - Staff
Hot Water Other
Heating Electric,Gas
Flooring Hardwood,Tile
Heat Source Electric,Gas
Exterior
Exterior Feature Brick
Roof Type Flat
Handicap Access No
Building
Story 3
Foundation Poured Concrete
Others
Energy Description Electric,Gas
Financing 1031 Exchange,Bank Mortgage,Cash