About This Home
This 0-bedroom, 0-bathroom single family at 860 McDonald Avenue in Brooklyn, NY is listed for $1,530,000. on a 0.05 acres lot.
Key Features
- 0.05 acre lot
Amenities
Mixed-use property featuring 1 commercial storefront and 3 residential units in a prime Brooklyn location. Fully occupied with stable tenants and current gross rental income of $7,230/month ($86,760/year). Separate gas, electric, and hot water systems for all units, resulting in low operating expenses.
Annual expenses include approximately $7,165 property tax, $2,400 insurance, and $1,800 water/sewer. Approximate 4.9% Cap Rate with potential for future rent growth. Conveniently located near public transportation, shopping, restaurants, schools, and other neighborhood amenities. Excellent opportunity for investors, 1031 exchange buyers, or owner-users. Showings by appointment only.
Monthly Cost Estimate
$8,183/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
860 McDonald Avenue
Brooklyn, NY 11219
Property Details
Flooring
Construction
Questions & Answers
This 0-bedroom, 0-bathroom single family at 860 McDonald Avenue is listed at $1,530,000. The estimated monthly payment is $8,183 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: 0.05 acre lot.
This property is listed by Yu Ling (Eva) Chen and can be reached at (718) 680-2776.
