1117 McDonald Avenue
Brooklyn, NY 11230

Cross street:Elmwood Avenue

Building

Type:Low-rise
Era:Post-war
Floors:3

Property

Ownership: Mixed Use
Rooms: 11
Bedrooms: 5 BR
Bathrooms: 4.5
Pets: Pets Unknown

Financials

Price:$2,750,000
578 Driggs Avenue Brooklyn, NY 11211
Listing Courtesy of Douglas Elliman Real Estate

Description

1117 McDonald Avenue, Brooklyn NY 11230

PRIME LOCATION CORNER OF MCDONALD AVENUE & AVENUE I

(MIDWOOD, BROOKLYN) GREAT INVESTMENT OPPORTUNITY

OFFERED ON AN EXCLUSIVE BASIS an incredible opportunity to own a 3 story mixed-use income-generating property with Long Term Tenants, great rent roll and upside for increases. This 3 Story brick bldg. is built 20 ft x 100 ft with 20 feet of frontage on McDonald and 100 feet on Avenue I.

This mixed use building is comprised of Three retail/commercial store fronts and two floor through residential apartments above.

The building corners on McDonald and Avenue I. Very well trafficked area, wonderful exposure on two wide avenues and amazing light. Great transportation hub, wonderful business and residential area. with great foot traffic.

Second Floor is a 3 bedroom 1.5 bath

Third floor is a 2 bedroom 1 bath apt.

The ground floor has three commercial/retail spaces with long-term tenants.

Unit 1 corners on McDonald & Avenue I, which has a deli as a tenant.

Unit 2 store is currently vacant (possible user/owner)

Unit 3 has a local RE company as a tenant.

All commercial units have use of the cellar (under there spaces) that spans the full depth of the bldg.

The building has incredibly low taxes of $7744/year

The lot size and bldg. size is 20' x 100'.

EXCEPTIONAL INVESTMENT/USER OPPORTUNITY

Inquire of exclusive agents for additional information

Amenities

  • Voice Intercom
  • Walk-up

Neighborhood

More listings:

1117 McDonald Avenue, Brooklyn NY 11230 PRIME LOCATION CORNER OF MCDONALD AVENUE amp ; AVENUE I MIDWOOD, BROOKLYN GREAT INVESTMENT OPPORTUNITY OFFERED ON AN EXCLUSIVE BASIS an incredible opportunity to ...


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