2410 McDonald Ave., Brooklyn, NY 11223

SOLD on 3/13/24 for $750K! On 9/6/23 we brought to market this mostly original condition 100+ year old residential property on behalf of the descendants of the original owner. This house is located on a busy industrial street beneath elevated train tracks, with no off-street parking whatsoever, very limited street parking, and in need of a full, gut renovation. We priced it to sell at $799K as that made us the lowest priced 2-family home available in this otherwise desirable neighborhood. After two incremental $10k price reductions, we finally found the perfect buyer and entered into contract on 11/30/23. Yes, we had many other qualified offers along the way, but our vast experience in brokering similar properties, and under similar circumstances, made us search for the best offer, from the best buyer, that would result in an actual closing rather than an inevitable broken contract and expired listing due to the condition of the house. This was no easy task considering the extremely poor condition of this property! Nor was it easy coordinating this entire process through the many family heirs, of differing generations and scattered about the country, whom recently inherited this property through Probate Court. Our incredible attorney did yet another amazing job from start to finish on the legal side. As a result, our clients are extremely satisfied, and our perfect Success Rate of closing each and every listing that we bring to market, and for the highest possible price, remains intact! Impeccable service. Outstanding results. Calemine & Co. Real Estate…Fully detached legal 2-Family home in Gravesend needing a full renovation. Features 4 total levels including a 2-bedroom, 1 bathroom duplex over a 2-bedroom, 1 bathroom first level. Both units can easily be converted to 3 bedroom apartments. There’s also a basement below (additional 700+ sq.ft.) with a bathroom and two separate entrances. There’s plenty of space out back thanks to an oversized lot that measures 110’ deep. This large, multi-family home is priced to sell and offers the buyer incredible upside potential. Delivered fully vacant. Very close proximity to shopping and both the F & N trains. This is far and away the lowest priced, fully detached, multi-family home in the area so act fast! Floor plans with room dimensions and total square footage included in the photos. Call us directly with any questions and to schedule a visit. Listing status updated daily. Listed Exclusively with Calemine & Co. Real Estate.

Details:

Bedrooms: 4

Bathrooms: 2.5

Property Type: 2-Family House

Building Size: 18’ x 42’

Lot Size: 25’ x 110’

Zoning: R5

Financials

Price: $779,000 (Reduced from $799,000)

Taxes: $5,676

Listed by: