2327 Mcdonald Ave Brooklyn, NY 11223

This exceptional Brooklyn investment property, located at 2327 McDonald Avenue, offers a rare opportunity to acquire a 6,525 square foot warehouse situated on a 6,734 square foot lot. The property boasts a prime corner location with 108 feet of frontage on McDonald Avenue and 68 feet on Neck Road. Currently generating substantial income from three commercial tenants, the property includes an ironworks shop (2,400 sq ft, $3,600/month, month-to-month), a storage space (1,800 sq ft, $4,600/month, no lease), and a metal framing business (1,800 sq ft, $4,400/month, 2-year lease). Annual expenses include $5,000 for insurance and $700 for water and sewer. Heat is gas, paid by tenants. The building features 24-foot ceilings and three overhead doors. Significant upside potential exists with 6,000 square feet of available air rights. The asking price is $4,799,000, and owner financing is available for qualified buyers. This is a unique opportunity to acquire a well-located, income-producing warehouse with substantial future development potential in a thriving Brooklyn neighborhood. The property is a single-story building with one unit. This is a turnkey investment ready for immediate income generation.