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910 McDonald Ave 3 Unit Apartment Building $2,250,000 ($750,000/Unit) 5.49% Cap Rate Brooklyn, NY 11218
Executive Summary
MIXED USE BUILDING FOR SALE. 2 FAMILY WITH 1 STORE. EACH UNIT IS 2 BEDROOM SECOND FLOOR $2100, THIRD FLOOR $2000.00 STORE IS CURRENTLY PAYING $2500.00 THE LEASE JUST EXPIRED. PRIME LOCATION ON MCDONALD AVE WITH LARGE YARD AND LOTS OF UPSIDE. store is currently vacant
CURRENT gross rent $79,200- expenses $13378.00 NOI $65822.00
PROJECTED GROSS RENT $136,800 EXPENSE $13,378.00 NOI $123,422.00
projected rent 2 bedroom $3200 each and retail $5000
property taxes are $7678.00
insurance $2800.00
water $2100.00
electric $800.00
CURRENT gross rent $79,200- expenses $13378.00 NOI $65822.00
PROJECTED GROSS RENT $136,800 EXPENSE $13,378.00 NOI $123,422.00
projected rent 2 bedroom $3200 each and retail $5000
property taxes are $7678.00
insurance $2800.00
water $2100.00
electric $800.00
Property Facts
| Price | $2,250,000 | Apartment Style | Low-Rise |
| Price Per Unit | $750,000 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.05 AC |
| Cap Rate | 5.49% | Building Size | 3,281 SF |
| No. Units | 3 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built/Renovated | 1899/2007 |
| Zoning | M1-1 - M1-1 | ||
| Price | $2,250,000 |
| Price Per Unit | $750,000 |
| Sale Type | Investment |
| Cap Rate | 5.49% |
| No. Units | 3 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.05 AC |
| Building Size | 3,281 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built/Renovated | 1899/2007 |
| Zoning | M1-1 - M1-1 |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Views
- Freezer
Site Amenities
- 24 Hour Access
- Picnic Area
- Recycling
- Trash Pickup - Curbside
- Walk-Up
- Smoke Detector
1 1
Walk Score®
Walker's Paradise (94)
Transit Score®
Excellent Transit (87)
Bike Score®
Very Bikeable (72)
Property Taxes
| Parcel Number | 05407-0031 | Improvements Assessment | $78,360 |
| Land Assessment | $14,100 | Total Assessment | $92,460 |
Property Taxes
Parcel Number
05407-0031
Land Assessment
$14,100
Improvements Assessment
$78,360
Total Assessment
$92,460
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910 McDonald Ave
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