BEDS7
BATHS5 full 1 partial
MLS#RLS11031663
STATUSActive
PROPERTY TYPEResidential -
SUBDIVISIONMidwood
Property 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
Property Features
Property Type: Residential -
Basement: Other
Cooling: Central Air
Stories: 3.0
Taxes: $7,740
Amenities
Smoke Free
Feature Descriptions
Building Features: Green Building
Days on Site: 510
Laundry: In Unit
Parcel#: 06504-0030
Patio/Porch: None
Pets Allowed: Building Yes, No
Special View Info: Other
Units: 2
Listed By / Shown By
Listed By
Agency Name: Douglas Elliman Real Estate
Agency Phone: (212) 891-7000
Shown By
Agency Title: Joyce Realty
Agency Phone: (800-275-5692)
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Estimate Your Payment
Estimated Payment
$ 6,321.36 per month $5,018.65 Principal & Interest $645.00 Property Tax $657.71 Homeowner's InsuranceChange Payment Information
Corporate Headquarters
7 E Central Ave, Unit 15, Pearl River, NY 10965Phone: 800-ASK-JOYCE (800-275-5692)
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1117 Mcdonald Avenue | MLS# RLS11031663
This home located at 1117 Mcdonald Avenue, Brooklyn, NY 11230 is currently listed for sale with an asking price of $2,255,000. This property has 7 bedrooms and 5 full and 1 partial baths. Mcdonald Avenue is located in the Midwood subdivision. Search Midwood real estate on www.joycerealty.com today.