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Single Family House for Sale in Brooklyn, New York, Brooklyn, NY 11230 | Web ID: 1029553 | $1,800,000

1023 Mcdonald Avenue , Brooklyn , NY 11230

 
Single Family in New York - Mcdonald Avenue  Brooklyn, NY 11230Single Family Mcdonald Avenue  Brooklyn, NY 11230, MLS-1029553-2Single Family Mcdonald Avenue  Brooklyn, NY 11230, MLS-1029553-3Single Family Mcdonald Avenue  Brooklyn, NY 11230, MLS-1029553-4Single Family Mcdonald Avenue  Brooklyn, NY 11230, MLS-1029553-5Single Family Mcdonald Avenue  Brooklyn, NY 11230, MLS-1029553-6Single Family Mcdonald Avenue  Brooklyn, NY 11230, MLS-1029553-7Single Family Mcdonald Avenue  Brooklyn, NY 11230, MLS-1029553-8Single Family Mcdonald Avenue  Brooklyn, NY 11230, MLS-1029553-9Single Family Mcdonald Avenue  Brooklyn, NY 11230, MLS-1029553-10Single Family Mcdonald Avenue  Brooklyn, NY 11230, MLS-1029553-11Single Family Mcdonald Avenue  Brooklyn, NY 11230, MLS-1029553-12Single Family Mcdonald Avenue  Brooklyn, NY 11230, MLS-1029553-13Single Family Mcdonald Avenue  Brooklyn, NY 11230, MLS-1029553-14Single Family Mcdonald Avenue  Brooklyn, NY 11230, MLS-1029553-15
 

Property Description

Excellent Investment Opportunity – Mixed-use Building In Gravesend, Brooklyn Don't Miss This Exceptional Investment Opportunity To Own A Well-maintained Mixed-use Brick Building Featuring Three Residential Apartments And One Commercial Storefront, Located In The Highly Desirable M1-1 Zoning District In Gravesend, Brooklyn. Situated In One Of South Brooklyn's Historic And Established Neighborhoods, This Property Benefits From Excellent Visibility And High Foot Traffic. It Is Conveniently Located Just A 5-minute Walk To The F Train, With Easy Access To Local Shopping, Restaurants, And Other Commercial Amenities. The Property Is Also Just Minutes From Coney Island And Major Highways, Providing A Convenient Commute To Manhattan And Other Parts Of New York City. All Three Residential Units Are Rented At Market Rates, With One Apartment Scheduled To Be Delivered Vacant At Closing, Offering Flexibility For An Owner-occupant Or The Opportunity To Secure A New Tenant At Current Market Rents. This Investment Offers Strong Income Potential With Low Operating Expenses. Each Unit Has Its Own Separate Gas And Electric Meters (4 Gas Meters And 4 Electric Meters Total), Allowing Tenants To Pay Their Own Utilities. The Property Has Been Meticulously Maintained, Including An Excellent-condition Utility Room And A Roof Protected By A 30-year Metal Roofing Warranty. Property Highlights: Mixed-use Building With 3 Residential Units And 1 Commercial Storefront M1-1 Zoning Well-maintained Brick Construction Three Market-rate Residential Rentals One Unit Delivered Vacant At Closing Four Separate Gas Meters Four Separate Electric Meters Tenants Pay Their Own Utilities Utility Room In Excellent Condition Roof With 30-year Metal Protection Warranty Prime Gravesend Location Near The F Train, Shopping, Coney Island, And Major Highways Highly Motivated Seller This Is An Outstanding Opportunity For Investors Seeking Stable Rental Income, Long-term Appreciation, And A Prime Brooklyn Location.

Property Information

Location/Town New York
Area/County Brooklyn
Post Office/Postal City Brooklyn
Prop. Type Single Family House for Sale
Style Other
Tax $3,091.00
Bedrooms 5
Total Baths 3
Full Baths 3
Year Built 1920
Basement See Remarks
Construction Brick
Total Units 4
Lot SqFt 1,874
Cooling None
Heat Source Natural Gas
Util Incl Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Trash Collection Public, Water Available, Water Connected
Condition Actual
Patio Porch
Days On Market 20
Window Features Aluminum Frames, Blinds, Double Pane Windows, Insulated Windows
Parking Features None
Tax Assessed Value 323550
Tax Lot 4
Units 4
School District Brooklyn 20
Middle School Jhs 223 Montauk (The)
Elementary School Ps 192 Magnet School-Math And
High School Franklin Delano Roosevelt High
Features Granite counters, high ceilings, marble counters, natural woodwork, original details
Listing information courtesy of: Houlihan Lawrence Inc.

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Tel: 718-896-0777
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Fax: 718-896-7020

 

 

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