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751 Mcdonald Ave Brooklyn, NY 11218

For Sale
$6,490,000

Mixed Use - Brooklyn, NY

Type:Mixed Use
Property size:
18,192 SF
Lot size:
0.16 Acres
Days on Market:
23
Last Refresh:
Dec 6 at 3:06 pm

Property Features for 751 Mcdonald Ave

General Information

Property type
Other
Property subtype
Mixed Use
Standard status
Active
Zoning
MI-1
Size
18,192 SF
Lot size
0.16 Acres

Utilities

Heating system
Oil, Other (Heating), Steam

Building Details

Year built
1930
Floors in Building
4
Flooring type
Hardwood
Building materials
Brick
Roof type
Flat
Architectural style
Other

Exit Realty Professionals (718) 838-2600

Listing agent Rui (Nancy) L Wu (718) 838-2600

Listing date Nov 14, 2025

MLS# 495596 Listing URL

Copyright © 2025 Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Overview

Kensington Mixed-Use Investment Opportunity

Located in Kensington, Brooklyn, this offering includes two buildings. One building at 751 McDonald Ave is a four-story brick building with a full basement, currently vacant. It features a retail space of approximately 2,600 square feet. Certificate of Occupancy #300087901-02 projects a yearly income of $306,000. The second building at 755 McDonald Ave is also a four-story brick building with a full basement, comprising two stores and twelve apartments. This building generates a gross yearly income of $294,000 and a net income of $175,357. Certificate of Occupancy #300087894-02 applies. The six commercial spaces between the two buildings will be vacant at closing. The total projected yearly income for both properties is $600,000, with a net projected yearly income of $428,960, resulting in an approximate 6% cap rate. Situated steps away from the train station and Ditmas Avenue, this property presents an investment opportunity. The combined property size is 18,192 square feet, situated on a lot of approximately 0.156 acres.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Retail space

Suggested Use

Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Gym & Fitness

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Brooklyn
County
Kings
State
New York
Longitude
-73.977954
Latitude
40.637094

FAQs

What type of property is this?
Mixed-use property - Two buildings with commercial and residential units near train station.
Where is this mixed-use property located?
The property is located at 751 Mcdonald Ave Brooklyn, NY.
What is the asking price?
The asking price for this property is $6,490,000.
What are key features of this property?
This property features: - Projected total yearly income of $600,000.; - Two buildings included: retail/warehouse and two stores with twelve apartments.; - **Six commercial spaces vacant at closing - immediate income potential!**
More about this property
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