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Map
$2,348,003*
●
Commercial -
Off Market
787 Mac Donough Street
Brooklyn, NY 11233
Studio
0 Bath
$1,790,000 - $2,186,000
Reference Base Price*
18.11%
Since Oct 1, 2021
NY-New York
Primary Model
About This Property
Calling All Investors, Developers & End-Users!!! Renovated 8.4 Cap,
8 Unit Mixed-Use Corner Building For Sale!!! Located The Heart of
Brooklyn The Building Features 2 Storefronts, 6 Apartments, Great
Exposure, Excellent Signage, +++!!! Neighbors Include Checkers,
RiteAid, Key Food, Domino's, +++!!! Income: Deli: $42,000 Ann.;
Lease Exp. 2028; 3% Ann. Inc.; Been Here Since 2000 (920 Sqft.)
Retail/ Office: $26,800 Ann. (460 Sqft.) (Available) Income: 2L:
$19,056 Ann. 2R: $21,600 Ann. 3L: $38,400 Ann. (Free Market) 3R:
$18,840 Ann. 4L: $19,800 Ann. 4R: $24,000 Ann Gross Income:
$210,496 Expenses: Gas: $4,800 Electric: $1,080 (Hallway Only)
Maintenance & Repairs: $250 Insurance: $3,800 Taxes: $15,000 Water:
$2,500 Total Expenses: $27,430 Net Operating Income (NOI): $183,066
(8.4 Cap!!!)
Unit Size
-
Days on Market
-
Land Size
0.04 acres
Price per sqft
-
Property Type
Commercial
Property Taxes
-
HOA Dues
-
Year Built
1931
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 1, 2022 | Sold to 787 Macdonough Street Llc | $2,000,000 | |
| Sold to 787 Macdonough Street Llc | |||
| Sep 29, 2021 | No longer available | - | |
| No longer available | |||
| May 26, 2021 | Price Decreased |
$1,988,000
↓ $200K
(9.1%)
|
|
| Price Decreased | |||
| Feb 8, 2021 | Listed | $2,188,000 | |
| Listed | |||
Property Highlights
787 Mac Donough Street
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Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Other
Loft
4
Baths
2,700 ft²
$648/ft²
$1,749,000
Mar 27, 2018
$1,749,000
Jun 20, 2018
$162/mo
Townhouse
Stu
-
-
$1,800,000
Feb 21, 2018
$1,800,000
Oct 12, 2018
-
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|---|---|---|---|---|---|---|---|
|
02/08/2021
|
|
Loft
|
-
|
-
|
$1,988,000
Loft
-
|
$1,988,000
06/02/2022
|
-
|
Richard Matt Shane
All Island Estates Realty Corp
|
Building Info
