FOR SALE

1117 MCDONALD

Kings, Midwood, New York City, NY

Asking

$2,495,000

BTC

22.751

ETH

973.82

Beds
7
Baths
6

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

LOADING

Location

Market Area
Kings
Neighborhood
Midwood

Agents

Alan S Nickman

+1 310 910 1722

Stephen F Oneal

+1 310 910 1722

Contact Email

[email protected]