1023 McDonald Avenue, Brooklyn, NY 11230

Mixed-Use Investment Opportunity – 4 Residential Units + 1 Storefront

This well-maintained brick mixed-use building is ideally situated in a high-traffic commercial corridor, just steps from the F train, offering strong visibility and accessibility for both residential and retail tenants.

Property Breakdown:

Storefront + Basement:

Retail space is currently leased through 12/02/2026, generating $4,800/month. Includes full basement access with entry from both the storefront and street level.

1st Floor – 1 Bedroom Apartment:

Vacant unit with access to additional basement space—ideal for owner-occupancy or immediate rental upside.

2nd & 3rd Floors – Residential Units:

Two (2) well-kept 2-bedroom, 1-bath apartments, currently rented at $2000 and $2,500/month.

Key Features:

4 separate gas meters (tenants pay their own gas/heat/hot water)

5 separate electric meters

Strong income-producing configuration

Excellent condition utility room

Roof upgraded with additional metal protection

High-demand rental location near transportation and commercial amenities

Investment Highlights:

This is a great investment opportunity to renovate. All units are market rate and all leases end this year. Can offers a stable income stream with upside potential through full renovation. Ideally for an investors looking to gut renovate and get full market pricing for their investment.