1117 McDonald Avenue

Ocean Parkway   |   Elmwood Avenue & Avenue I

Price Drop
Building For Sale
$ 2,495,000 [ 9.27% | $ 255,000 ]
Ownership Mixed Use
Lot Size 20'x100'
Floors/Apts 3/2
Status Active
Real Estate Taxes [Per Annum] $ 8,363
Building Type Low-Rise
Building Size 20'x100'
Year Built 1931
Listing ID: 99077TH

Jason Bauer

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Manager, Licensed Associate Real Estate Broker

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Property Description

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

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


Listing Courtesy of Douglas Elliman Real Estate

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Apartment Features

A/C [Central]
1117 McDonald Avenue Ocean Parkway Brooklyn NY 11230

Building Details [1117 McDonald Avenue]

Ownership Mixed Use
Service Level Voice Intercom
Access Walk-up
Block/Lot 6504/30
Building Size 20'x100'
Building Type Low-Rise
Year Built 1931
Floors/Apts 3/2
Lot Size 20'x100'

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All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.