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About This Home
This 0-bedroom, 0-bathroom single family at 1806 McDonald Avenue in Brooklyn, NY is listed for $2,100,000 ($583 per sqft). Built in 1931, the home offers 3,600 sqft of living space on a 0.04 acres lot.
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!
Key Features
- Built in 1931
- 0.04 acre lot
- 3 stories
Property Details
Amenities
Monthly Cost Estimate
$11,231/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1806 McDonald Avenue
Brooklyn, NY 11223
Property Details
Flooring
Construction
Parking
Questions & Answers
This 0-bedroom, 0-bathroom single family at 1806 McDonald Avenue is listed at $2,100,000 ($583/sqft). The estimated monthly payment is $9,100 based on 20% down at 6.5% interest.
Key features include: Built in 1931, 0.04 acre lot, 3 stories.
This property is listed by Diana Melerud and can be reached at (347) 554-8282 or diana.melerud@gmail.com.
