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910 McDonald Ave 3 Unit Apartment Building $2,250,000 ($750,000/Unit) 5.49% Cap Rate Brooklyn, NY 11218

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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

PROPERTY FACTS

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
Walk Score®
Walker's Paradise (94)
Transit Score®
Excellent Transit (87)
Bike Score®
Very Bikeable (72)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
05407-0031
Land Assessment
$14,100
Improvements Assessment
$78,360
Total Assessment
$92,460
  • Listing ID: 35429376

  • Date on Market: 4/9/2025

  • Last Updated:

  • Address: 910 McDonald Ave, Brooklyn, NY 11218

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