Description

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.
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Building Features 4 Floors12 Units

intercom

$2,490,000 / $273 per ft²

$505,000  -  17 days ago

Listed on Mar 13, 2025

316 Days on Market

- Beds / - Baths - / 9,096 ft²

Total Monthly expenses: $5,734

Maintenance: - / R.E. Taxes $5,734

Other Details:

Lot Size: 40.0' x 85.0' Built: 40.0' x 75.0'

Exclusively listed with: Exit Realty Professionals Source: Brooklyn MLS

Rui (Nancy)
L
Wu

[email protected]

(917) 836-2788

Jian Yang

(Carey)

[email protected]

(917) 882-8031

Listing Courtesy of Exit Realty Professionals

Unit listing history

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