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755 McDonald Ave
Brooklyn, NY 11218
Multifamily Property For Sale
·
12 Units
Investment Highlights
- Excellent Investment opportunity.
- Over 7% CAP rate.
Executive Summary
Excellent Investment opportunity generating over 7% CAP rate.
Gross Expenses(yearly): $118,643
Gross Income(yearly): $295,800
Net Operating Income: $177,157
Gross Expenses(yearly): $118,643
Gross Income(yearly): $295,800
Net Operating Income: $177,157
Property Facts
| Price Per Unit | $284,893 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.08 AC |
| Cap Rate | 7.11% | Building Size | 9,126 SF |
| No. Units | 12 | Average Occupancy | 92% |
| Property Type | Multifamily | No. Stories | 4 |
| Property Subtype | Apartment | Year Built | 1930 |
| Apartment Style | Mid-Rise | ||
| Zoning | M1-1 - Light Manufacturing Zoning District - M1-1 district requires one off-street parking space per 2,000 square feet of floor area. | ||
| Price Per Unit | $284,893 CAD |
| Sale Type | Investment |
| Cap Rate | 7.11% |
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.08 AC |
| Building Size | 9,126 SF |
| Average Occupancy | 92% |
| No. Stories | 4 |
| Year Built | 1930 |
| Zoning | M1-1 - Light Manufacturing Zoning District - M1-1 district requires one off-street parking space per 2,000 square feet of floor area. |
Amenities
Unit Amenities
- Air Conditioning
- Dishwasher
- Microwave
- Heating
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
- Freezer
Site Amenities
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Smoke Free
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 4 | - | - |
| 2+1 | 4 | - | - |
| 3+2 | 4 | - | - |
Property Taxes
| Parcel Number | 05385-0056 | Improvements Assessment | $704,100 CAD |
| Land Assessment | $199,670 CAD | Total Assessment | $903,770 CAD |
Property Taxes
Parcel Number
05385-0056
Land Assessment
$199,670 CAD
Improvements Assessment
$704,100 CAD
Total Assessment
$903,770 CAD
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