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Listing Courtesy of Douglas Elliman Real Estate
$2,750,000
Est. payment /mo
7 Beds
4 Baths
UPDATED:
01/31/2025 01:07 AM
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Subdivision Midwood
MLS Listing ID RLS11031663
Bedrooms 7
Full Baths 3
Half Baths 1
HOA Y/N No
Annual Tax Amount $7,740
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
Location
State NY
County Kings
Rooms
Basement Other
Interior
Cooling Central Air
Fireplace No
Laundry In Unit
Exterior
View Y/N No
View Other
Porch None
Private Pool No
Building
Dwelling Type Mixed Use
Story 3
New Construction No
Others
Pets Allowed Pets Allowed
Ownership None
Monthly Total Fees $645
Special Listing Condition Standard
Pets Allowed Building Yes, No
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RLS Data display by Brooklyn Heights Real Estate