Midwood Industrial Space For
For Sale
Contact for pricing
1202 McDonald Avenue, Brooklyn, NY 11230
Prime industrial space in Midwood with versatile layout.
Property Size1,300 SF
Price / SF$907.69
Days on Market857
Property Features for 1202 McDonald Avenue
General Information
Standard status
Active
Size
1,300 SF
Property subtype
Retail, Industrial, Office
Building Details
Stories
1
Units
1
Listing Agency:
Century 21 Service Realty
Listed By:
Karen Ng Mok · License #NY
Source:
Crexi
Added: Apr 17, 2024
Changed: Aug 8
Last Checked: Aug 20 at 9:26PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Century 21 Service Realty
Investment Insights
Based on property information with market context.
This commercial property in Midwood offers a single-story layout suitable for various industrial uses, such as manufacturing or distribution. The property features an expansive interior and benefits from a community driveway, enhancing accessibility for clients and suppliers. The property has a size of 1300 square feet.
Key Highlights
- Prime industrial space in Midwood.
- Single‑story layout for seamless functionality.
- Expansive interior suitable for various industrial uses.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$62,341
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.28%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,246,820
$1.2M
Cap Rate 7%
$890,586
$890.6K
Cap Rate 9%
$692,678
$692.7K
Market Conditions
NOI Build-Up for 1,300 SF
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.
Gross rent
$101.1K $77.76/SF
− Vacancy
−$12.0K −$9.25/SF
EGI
$89.1K $68.51/SF
− OpEx
−$26.7K −$20.55/SF
NOI
$62.3K $47.95/SF
Area
Brooklyn, NY
Vacancy
11.90%
Lease Rate
$77.76 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,246,820
Cap Rate 7%
$890,586
Cap Rate 9%
$692,678
Alternative Uses
Best Use
Retail
$890.6K
$779.3K – $1.04M
NOI $62,341 @ 7.0% cap · market cap 5.28%
Second Best
Office B
$463.3K
$405.4K – $540.5K
NOI $32,432 @ 7.0% cap · market cap 2.75%
Theoretical Best
Specialty Retail
$1.08M
$941.9K – $1.26M
NOI $75,348 @ 7.0% cap · market cap 6.39%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
3,332
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 11230, NY
91,391
Population
34,269
Households
2.7
Avg Household Size
35
Median Age
44%
College-Educated
82%
High-School Grad
1.8 sq mi
ZIP Area
50,773
Density / Sq Mi
$69,522
Median Household Income
$43,135
Median Earnings
$1,734
Median Rent
$863,400
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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- Bassoul's gourmet kitchen — 502 Avenue M, Brooklyn, NY 11230
Frequently Asked Questions
What type of property is this?
Flex space - Prime industrial space in Midwood with versatile layout.
Where is this flex space located?
The property is located at 1202 McDonald Avenue Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,180,000.
What are key features of this property?
This property features: Prime industrial space in Midwood.; Single‑story layout for seamless functionality.; Expansive interior suitable for various industrial uses.
