1806 McDonald Avenue Brooklyn NY 11223 MLS #493009

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 20×80, Building 20×60.