1117 Mcdonald Avenue
Midwood, New York
$2,750,000 Price
7 Bedrooms   3.5 Baths

1117 Mcdonald Avenue, Midwood, New York

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,...

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

Courtesy of Douglas Elliman Real Estate

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* All information furnished regarding property for sale, rental, financing or estimated mortgage rates is from sources deemed reliable but no warranty or representation is made as to the accuracy thereof. For further financing information, please contact a Brown Harris Stevens agent.

Listing Details

Midwood, New York
Type: House
Price: $2,750,000
Re Tax: $7,740
Web ID: 1103666391

Info & Amenities

Type: Mixed Use
Rooms: 12.0
Bedrooms: 7
Full Bathrooms: 3
Half Bathrooms: 1.0
Pets allowed: Yes