About 1806 Mcdonald
Mixed use corner semi-attached building for sale in the heart of Gravesend/Midwood. Great opportunity for investment in mixed use property with 2 stores and 2 apartments, parking for 2 cars. 1st floor has a restaurant and barber shop, 2nd and 3rd floors are apartments for rent 3&4 bedrooms each. Prime location, semi attached building close to trains, shopping and stores. Rents: 3 bedroom apartment on the 2nd floor $2,150 month; 3rd floor apartment 4 bedroom $2,300 month; restaurant $5,700K month; barber shop $1,750K. The restaurant has a lease for the next 4 years, barber shop has a lease for the next 3 years, apartments have 1 year leases that finish in April and September accordingly, back yard parking spot can be rented for $500 per month. Taxes: $23,649yr. Total income for a year: $146,400 Lot 20x80, Building 20x60.
Features of 1806 Mcdonald
| MLS® # | 493009 |
|---|---|
| Price | $2,300,000 |
| Bathrooms | 0.00 |
| Square Footage | 3,600 |
| Year Built | 1931 |
| Type | Mixed Use / Store & Family |
| Sub-Type | Mixed Use |
| Status | Active |
Community Information
| Address | 1806 Mcdonald |
|---|---|
| Area | Midwood |
| City | Brooklyn |
| County | Kings (Brooklyn) |
| State | New York |
| Zip Code | 11223 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
Interior
| Interior | Hardwood |
|---|---|
| Interior Features | Kitchen, Restrooms - Public |
| Heating | Steam/Radiator |
| Fireplace | No |
| # of Stories | 2 |
| Has Basement | Yes |
| Basement | Full, Unfinished |
Exterior
| Exterior | Brick |
|---|---|
| Exterior Features | Doors - 10 ft and under |
| Roof | Flat |
| Construction | Brick |
| Foundation | Poured Concrete |
Additional Information
| Date Listed | May 27th, 2025 |
|---|---|
| Days on Market | 8 |
| Zoning | C8-2 |
| Tax | $23,649 |