
Courtesy of: Yu Ling (Eva) Chen, E House Realty & Mgt. Inc., yulingchen789@gmail.com
$1,530,000
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Lot: 0.05 Acres
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Other
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$1,530,000
860 McDonald Avenue Mixed-use property featuring 1 commercial storefront and 3 residential units in a prime Brooklyn location. Fully occupied with stable tenants and current gross rental income of $7, 230/month ($86, 760/year). Separate gas, electric, and hot water systems for all units, resulting in low operating expenses. Annual expenses include approximately $7, 165 property tax, $2, 400 insurance, and $1, 800 water/sewer. Approximate 4.9% Cap Rate with potential for future rent growth. Conveniently located near public transportation, shopping, restaurants, schools, and other neighborhood amenities. Excellent opportunity for investors, 1031 exchange buyers, or owner-users. Showings by appointment only.
Courtesy of: Yu Ling (Eva) Chen, E House Realty & Mgt. Inc., yulingchen789@gmail.com
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