Listing courtesy of Douglas Elliman Real Estate
1117 McDonald Avenue, Brooklyn, (Ocean Parkway), NY, 11230
11 rooms
5 beds
4 Full / 1 Half baths
1931
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
Status:
Active
Town:
Brooklyn
Type:
Commercial
Laundry Remarks:
None
Building Type:
Low-Rise
Cooling:
Unknown Type
Levels:
3
Building Access:
Walk-up
Service Level:
Voice Intercom
OLR #:
RPLU5123337315
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