About 751 Mcdonald
Two solid buildings in Kensington offered one building which has 2 commercial stores and 3 floors of warehouse and it also inter connects to second building that has 2 commercial stores and 12 residential apartments unique opportunity. Incredible investment opportunity. 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.
Features of 751 Mcdonald
| MLS® # | 495596 |
|---|---|
| Price | $6,490,000 |
| Bathrooms | 0.00 |
| Square Footage | 18,192 |
| Year Built | 1930 |
| Type | Mixed Use / Store & Family |
| Sub-Type | Mixed Use |
| Status | Active |
Community Information
| Address | 751 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 | Storage Building |
| Lot Description | 80 x 85 |
| Roof | Flat |
| Construction | Brick |
| Foundation | Poured Concrete |
Additional Information
| Date Listed | September 8th, 2025 |
|---|---|
| Days on Market | 50 |
| Zoning | MI-1 |
| Tax | $111,513 |