$2,490,000

755 McDonald Ave Brooklyn, NY 11218

Kensington Neighborhood

Estimated payment $18,743/month

-- 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 $ 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.

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

0

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: No
  • 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

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 -16.9% $274 / Sq Ft
03/13/2025 03/13/25 For Sale $2,995,000 -- $329 / 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

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Brooklyn Board of REALTORS® The property information being provided is 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. Listing information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the participating Brokers.

Nearby Homes
Listing Agent
Rui (Nancy) Wu