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 Market903
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: Sep 7
Last Checked: Oct 5 at 4:40PM
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 / Yr
$62,341
Cap Rate
5.28%
Suggested Prices Based on Cap Rates
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
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 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
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Open Analytics
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in Northeast region
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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.
