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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.

Agent Description

Legal 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.

Key Features

  • 0.05 acre lot

Amenities

Hardwood

Monthly Cost Estimate

$8,183/mo

20% down · 6.5% · 30 years

Principal$1,107
Interest$6,630
Insurance$446

Estimates only. Actual payments may vary.

Location

860 McDonald Avenue

Brooklyn, NY 11219

Property Details

Flooring

Hardwood

Construction

Brick

Questions & Answers

This 0-bedroom, 0-bathroom single family at 860 McDonald Avenue is listed at $1,530,000. The estimated monthly payment is $6,630 based on 20% down at 6.5% interest.

Key features include: 0.05 acre lot.

This property is listed by Yu Ling (Eva) Chen and can be reached at (718) 680-2776 or yulingchen789@gmail.com.

YC

Yu Ling (Eva) Chen

Agent at E House Realty & Mgt. Inc.

(718) 680-2776

Listed by E House Realty & Mgt. Inc.

MLS# 502158· Source: listhub· Updated 1 days ago

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860 McDonald Avenue, Brooklyn, NY 11219

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