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.

Building Length 75.00 Building Width 40.00 Commercial Features Exterior None Construction Materials Brick Exterior Brick Loading Docks None Lot Dimensions 40 X 85 Lot Size Length 85 Lot Size Width 40 Parking Attributes None Parking Feature None Road Frontage 40 Roof Flat Water Front Present No Yard None

Basement Amenities Full Building Footprint Sq Ft 3000 Ceiling Height 8-10 Foot Commercial Features Interior Kitchen Flooring Hardwood Foundation Details Poured Concrete Heat Delivery Steam/Radiator Lavatories None Walls Plaster

Block 5385 Commercial Condo 0 Construction Type Attached Cross Street Name Ditmas Avenue Electric Circuit Breakers Financing 1031 ExchangeBank MortgageCash Fuel Expense 11200.00 Gross Income 294000 Handicap Access No Heating Fuel Oil Hot Water Oil Insurance Expense 10000.00 Lot Number 56 Lot Size Irregular YN 0 Miscellaneous Expense 9987.00 Net Operating Income 175357.00 Number Of Available Units 3 Number Of Families 12 Number Of Stores 2 Property Sub Type Mixed Use Property Type Mixed Use Rent Income 24500 Sale Type Arm's Length Tax Amount 68816.00 Transaction Type Sale Utility Expense 1940.00 Zoning M1-1

Listing information © 2025 Brooklyn New York Multiple Listing Service, Inc.
Listing provided courtesy of Exit Realty Professionals: (718) 838-2600.

© 2025 Brooklyn New York Multiple Listing Service, Inc. All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Team Gio | RE/MAX Central. Data last updated: 2025-04-24T19:00:39.02.

755 Mcdonald Avenue

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755 Mcdonald Avenue BROOKLYN, NY 11218

Property Description

Building Length	75.00
Building Width	40.00
Commercial Features Exterior	None
Construction Materials	Brick
Exterior	Brick
Loading Docks	None
Lot Dimensions	40 X 85
Lot Size Length	85
Lot Size Width	40
Parking Attributes	None
Parking Feature	None
Road Frontage	40
Roof	Flat
Water Front Present	No
Yard	None

Basement Amenities	Full
Building Footprint Sq Ft	3000
Ceiling Height	8-10 Foot
Commercial Features Interior	Kitchen
Flooring	Hardwood
Foundation Details	Poured Concrete
Heat Delivery	Steam/Radiator
Lavatories	None
Walls	Plaster

Block	5385
Commercial Condo	0
Construction Type	Attached
Cross Street Name	Ditmas Avenue
Electric	Circuit Breakers
Financing	1031 Exchange Bank Mortgage Cash
Fuel Expense	11200.00
Gross Income	294000
Handicap Access	No
Heating Fuel	Oil
Hot Water	Oil
Insurance Expense	10000.00
Lot Number	56
Lot Size Irregular YN	0
Miscellaneous Expense	9987.00
Net Operating Income	175357.00
Number Of Available Units	3
Number Of Families	12
Number Of Stores	2
Property Sub Type	Mixed Use
Property Type	Mixed Use
Rent Income	24500
Sale Type	Arm's Length
Tax Amount	68816.00
Transaction Type	Sale
Utility Expense	1940.00
Zoning	M1-1