2380-2390 Mcdonald Ave Brooklyn, NY 11223

Located in the Gravesend neighborhood of Brooklyn, New York, the property at 2390 McDonald Avenue presents a development opportunity. The site has a 20,252 square foot footprint and is zoned C4-4L, equivalent to R7A, allowing for the construction of up to 101,463 square feet of qualifying residential development. The site is currently occupied by a 15,612 square foot office and commercial building. Situated at the intersection of McDonald Avenue and Village Road South, this corner location offers developers the opportunity to build a transformative project in a growing Brooklyn submarket. The site's development potential, coupled with its proximity to mass transportation, positions it as a versatile residential development. The property benefits from nearby transit options, including the N and F subway lines. The Avenue U MTA F train is one block away, ensuring connectivity throughout the City's major hubs. The site’s proximity to local amenities, parks, and cultural attractions make it attractive to young professionals and families driving the area’s rental demand. The potential benefits of the 485-X Tax Abatement and the City of Yes programs are expected to allow for increased housing density and improved development efficiency, further amplifying the site’s potential in this rapidly developing neighborhood.