Single-Family Home with
2416 McDonald Avenue New York, NY 11223
2416 McDonald Avenue, New York, NY, 11223
$850,000
For Sale
$850,000
SINGLE_FAMILY - New York, NY
Property Size1,104 SF
Lot Size0.06 Acres
Price / SF$769.93
Days on Market765
Property Features for 2416 McDonald Avenue
General Information
- Property type
- Residential
- Property subtype
- Triplex
- Zoning
- R5
- Bedrooms
- 4
- Bathrooms
- 3
- Rooms
- Bedroom 3, Bedroom 2, Bathroom 1, Bedroom 4, Bathroom 2, Bathroom 3, Bedroom 1
- Patio and Porch features
- Porch
- Interior features
- Dishwasher, Dryer, Laundry Area, Porch, Refrigerator, Stove, Washer
- Basement
- Finished
- Standard status
- Active
- Size
- 1,104 SF
- Lot size
- 0.06 Acres
Taxes and HOA fees
- Tax Annual Amount
- 4145
Building Details
- Year built
- 1910
- Flooring type
- Ceramic, Hardwood
- Roof type
- Shingle, Flat
- Architectural style
- Other
Listing Agency
Revived Residential
(929) 379-3750
2124 Flatbush Ave, Brooklyn, NY
Listed by
Joseph C. Forzano
(929) 379-3750
Added: Jun 13, 2024 Checked: Jul 17 at 6:06 pm
MLS# 483860
Listing URL
Copyright © 2026 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.
Investment Insights
Based on property information with market context.
A single-family residence in Gravesend, Brooklyn offering 4 bedrooms, 3 bathrooms, and a finished basement. The home includes a beautiful front porch and a huge backyard, along with a private driveway with parking for 4 cars plus an attached garage.
The property is listed in R5 zoning and is described as being in a neighborhood with shopping, restaurants, parks, and close proximity to Coney Island Beach. Public remarks also note convenient access to the F and N trains.
The listing states an unused FAR of 2,338, which is presented as supporting potential for expansion or development. The property is located at 2416 McDonald Avenue, New York, NY 11223.
The property is listed in R5 zoning and is described as being in a neighborhood with shopping, restaurants, parks, and close proximity to Coney Island Beach. Public remarks also note convenient access to the F and N trains.
The listing states an unused FAR of 2,338, which is presented as supporting potential for expansion or development. The property is located at 2416 McDonald Avenue, New York, NY 11223.
Key Highlights
- 4‑bedroom, 3‑bath home with a finished basement
- Private driveway with parking for 4 cars plus a garage
- Front porch and huge backyard
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $56.3k | $51.00 |
| − Vacancy | −$2.9k | −$2.65 |
| EGI | $53.4k | $48.35 |
| − OpEx | −$16.0k | −$14.50 |
| NOI | $37.4k | $33.84 |
1,104 SF · lease $51.00/SF/yr · vacancy 5.20% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$533.8K
$467.0K – $622.7K
NOI $37,363 @ 7.0% cap · market cap 4.40%
Second Best
Apartment 5plus
$493.4K
$431.8K – $575.7K
NOI $34,541 @ 7.0% cap · market cap 4.06%
Theoretical Best
Specialty Retail
$2.75M
$2.40M – $3.21M
NOI $192,361 @ 7.0% cap · market cap 22.63%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Isalis
(Bike/Boat/Book/etc) Store
Party City
Party Supply Store
Skunk Funk
Big Box & Wholesale Store
Carl's Trading Co
Hat Shop
Bushka's Kitchen LLC
(Bike/Boat/Book/etc) Store
Similar For Sale Nearby
FAQs
What type of property is this?
Triplex - Single-family residence featuring a finished basement, front porch, private driveway, and garage on R5 zoning.
Where is this triplex located?
The property is located at 2416 McDonald Avenue New York, NY.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: 4‑bedroom, 3‑bath home with a finished basement; Private driveway with parking for 4 cars plus a garage; Front porch and huge backyard
