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751 Mcdonald Avenue, Kensington, NY 11218

[Kensington Real Estate, listing number 3315485]



Description: 3315485
   Incredible investment opportunity for two buildings in Kensington Brooklyn. This property 751 Mcdonal Ave is a four stories plus a full basement brick building which is vacant currently, the store front is a retail space which is appx 2,600 sqft, Certificate of Occupancy #300087901-02, projected yearly income $306K. 755 McDonald Ave is a four stories plus a full basement brick building as well. It consists of two stores and twelve apartments, gross yearly income $294,000, net income $ 175,357. Certificate of Occupancy #300087894-02. The six commercial spaces between two buildings will be vacant at the closing. The total projected yearly income is $600,000, net projected yearly income $428,960, cap rate about 6% plus. All rent roll and expenses break downs will be provided upon requested.

Details:
   Families: 12
   Property Type: Mixed Use
   Lot Size: 80 x 85
   Built: 1930

Financials:
   Price: $6,990,000

 

Exit Realty Professionals
Rui (Nancy) Wu
Office: 718-838-2600

email: nancyli_sold@yahoo.com
provided by Brooklyn NY MLS


 

Exit Realty Professionals
Rui (Nancy) Wu
Office: 718-838-2600

email: nancyli_sold@yahoo.com
provided by Brooklyn NY MLS