$2,490,000

755 McDonald Ave Brooklyn, NY 11218

Kensington Neighborhood

Estimated payment $18,563/month

Total Views 408
-- Bed
-- Bath
9,096 Sq Ft
$274 Price per Sq Ft

Highlights

  • Wood Flooring
  • 1-minute walk to Ditmas Avenue
  • Back Yard
  • I.S. 223 The Montauk Rated A-
  • Heating System Uses Steam
  • 4-minute walk to Digilio Playground

About This Home

Incredible investment property in Kensington Brooklyn. The money maker building offers two commercial spaces and twelve residential units which is generating $295,800 yearly, cap rate @ 7% plus. It located at a very busy spot of McDonald Avenue and right next to Ditmas Avenue. The two commercial stores are vacant and one vacant apartment currently. This is a great potential mixed use building that you shouldn't miss out. Take a closer look.

Listing Agent

Rui (Nancy) Wu

Listed on: 01/07/2026

Co-Listing Agent

Jian (Carey) Yang

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $68,816

Year Built

  • Built in 1930

Lot Details

  • 3,400 Sq Ft Lot
  • Lot Dimensions are 40 x 85
  • Back Yard
  • Property is zoned M1-1

Home Design

  • Mixed Use
  • Flat Roof Shape
  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • 9,096 Sq Ft Home
  • 4-Story Property
  • Wood Flooring
  • Basement Fills Entire Space Under The House

Utilities

  • Heating System Uses Steam
  • Heating System Uses Oil
  • Oil Water Heater

Listing and Financial Details

  • Tax Block 5385

Community Details

Overview

  • 12 Units

Building Details

  • Fuel Expense $11,200
  • Insurance Expense $10,000
  • Utility Expense $1,940
  • Gross Income $295,800
  • Net Operating Income $177,157

Property Details

Property Type

Other

Est. Annual Taxes

$68,816

Year Built

Built in 1930

Lot Details

3,400 Sq Ft Lot

Listing Details

  • Basement Amenities: Full
  • Borough: Brooklyn
  • Building Length: 75.00
  • Building Width: 40.00
  • Co List Office Mls Id: 117120
  • Co List Office Phone: (718) 838-2600
  • Commercial Condo Y N: No
  • Commercial Features Exterior: None
  • Commercial Features Interior: None
  • Confirmed By M L S Y N: Yes
  • Cross Street: Ditmas Avenue
  • Handicap Access Y N U: No
  • Heat Delivery: Steam/Radiator
  • Number Of Families: 12
  • Parking Attributes: None
  • Parking Feature Single: None
  • Property Sub Type: Mixed Use
  • Prop. Type: Mixed Use
  • Fill Sq Ft Total: 9096
  • Building Stories: 4
  • Street Name I D X: McDonald
  • Waterfront Present: No
  • Year Built: 1930
  • Special Features: None
  • Stories: 4

Interior Features

  • Flooring: Hardwood
  • Lot Sq Ft: 3400

Exterior Features

  • Yard: Back
  • Exterior Building Type: Attached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Poured Concrete
  • Lot Number: 56
  • Road Frontage: 40
  • Roof: Flat

Utilities

  • Electric: Circuit Breakers
  • Heating Fuel: Oil
  • Hot Water: Oil

Fee Information

  • Annual Fuel Expense: 11200.00

Lot Info

  • Lot Dimensions: 40 X 85
  • Lot Size Irregular: No
  • Lot Size Length: 85
  • Lot Size Width: 40
  • Zoning: M1-1

Multi Family

  • Annual Gross Expense: 118643.00
  • Annual Gross Income: 295800
  • Insurance Expense: 10000.00
  • Miscellaneous Expense: 9987.00
  • Property Net Operating Income: 177157.00
  • Unit Count: 14
  • Annual Utility Expenses: 1940.00

Tax Info

  • Flip Tax Amount: 68816.00

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/07/2026 01/07/26 For Sale $2,490,000 -- $274 / Sq Ft
Source: Brooklyn Board of REALTORS®

Source: Brooklyn Board of REALTORS®

MLS Number: 498216

Brooklyn Board of REALTORS®
New York Kings County Brooklyn 11218 Kensington

755 McDonald Ave, Brooklyn, NY

For Sale

Other

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Listing Agent
Rui (Nancy) Wu
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