860 McDonald Ave Brooklyn, NY 11218
Borough Park NeighborhoodEstimated payment $8,488/month
Highlights
- Wood Flooring
- 4-minute walk to Ditmas Avenue
- 1-minute walk to Digilio Playground
- P.S./I.S. 192 Magnet School For Math And Science Inquiry Rated A-
- Back Yard
About This Home
Mixed-use property featuring 1 commercial storefront and 3 residential units in a prime Brooklyn location. Fully occupied with stable tenants and current gross rental income of $7,230/month ($86,760/year). Separate gas, electric, and hot water systems for all units, resulting in low operating expenses. Annual expenses include approximately $7,165 property tax, $2,400 insurance, and $1,800 water/sewer. Approximate 4.9% Cap Rate with potential for future rent growth. Conveniently located near public transportation, shopping, restaurants, schools, and other neighborhood amenities. Excellent opportunity for investors, 1031 exchange buyers, or owner-users. Showings by appointment only.
Property Details
Property Type
- Other
Est. Annual Taxes
- $7,165
Lot Details
- 2,240 Sq Ft Lot
- Lot Dimensions are 100 x 20
- Back Yard
Home Design
- Mixed Use
- Flat Roof Shape
- Brick Exterior Construction
- Block Foundation
Flooring
- Wood Flooring
Utilities
- Heat Pump System
- Heating System Uses Gas
- 110 Volts
- Gas Water Heater
Additional Features
- Finished Basement
Community Details
- Fuel Expense $11,365
- Insurance Expense $2,400
- Gross Income $86,760
- Net Operating Income $75,395
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2026 | $7,253 | $89,940 | $12,240 | $77,700 |
| 2025 | $6,843 | $83,640 | $12,240 | $71,400 |
| 2024 | $6,843 | $76,500 | $12,240 | $64,260 |
| 2023 | $6,528 | $67,620 | $12,240 | $55,380 |
| 2022 | $6,347 | $65,280 | $12,240 | $53,040 |
| 2021 | $6,691 | $57,240 | $12,240 | $45,000 |
| 2020 | $3,148 | $59,460 | $12,240 | $47,220 |
| 2019 | $5,939 | $59,460 | $12,240 | $47,220 |
| 2018 | $5,460 | $26,784 | $6,615 | $20,169 |
| 2017 | $5,401 | $26,496 | $7,020 | $19,476 |
| 2016 | $5,297 | $26,496 | $8,419 | $18,077 |
| 2015 | $2,933 | $25,078 | $9,562 | $15,516 |
| 2014 | $2,933 | $23,659 | $10,822 | $12,837 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 08/25/2026 08/25/26 | Price Changed | $1,430,000 | -6.5% | -- | |
| 06/09/2026 06/09/26 | For Sale | $1,530,000 | +71.9% | -- | |
| 08/13/2018 08/13/18 | Sold | $890,000 | -- | -- | View Prior Sale |
| 12/04/2017 12/04/17 | Pending | -- | -- | -- |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $890,000 | -- | |
| Deed | $680,000 | -- | |
| Deed | $510,000 | -- | |
| Deed | -- | -- | |
| Interfamily Deed Transfer | -- | Stewart Title Insurance Co |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $550,000 | Purchase Money Mortgage | |
| Closed | $360,000 | Commercial |
Source: Brooklyn Board of REALTORS®
MLS Number: 502158
APN: 05407-0011
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