About 755 Mcdonald
Incredible investment property in Kensington Brooklyn. The money maker building offers two commercial spaces and twelve residential units which is generating $ 294,000 yearly, cap rate @ 5.85%. It located at a very busy spot of McDonald Avenue and right next to Ditmas Avenue. The two commercial stores are vacant currently, plus two vacant apartments. This is a great potential building that you shouldn't miss out. Take a closer look.
Features of 755 Mcdonald
| MLS® # | 489996 |
|---|---|
| Price | $2,995,000 |
| Bathrooms | 0.00 |
| Square Footage | 9,096 |
| Year Built | 1930 |
| Type | Mixed Use / Store & Family |
| Sub-Type | Mixed Use |
| Status | Active |
Community Information
| Address | 755 Mcdonald |
|---|---|
| Area | Kensington |
| City | Brooklyn |
| County | Kings (Brooklyn) |
| State | New York |
| Zip Code | 11218 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
Interior
| Interior | Hardwood |
|---|---|
| Interior Features | Kitchen |
| Heating | Steam/Radiator |
| Fireplace | No |
| # of Stories | 4 |
| Has Basement | Yes |
| Basement | Full |
Exterior
| Exterior | Brick |
|---|---|
| Exterior Features | None |
| Lot Description | 40 X 85 |
| Roof | Flat |
| Construction | Brick |
| Foundation | Poured Concrete |
Additional Information
| Date Listed | March 13th, 2025 |
|---|---|
| Days on Market | 188 |
| Zoning | M1-1 |
| Tax | $68,816 |