Three-Unit Residential
850 McDonald Avenue Brooklyn, NY 11218
For Sale
$2,999,000
MULTI_FAMILY - Brooklyn, NY
Property Size3,300 SF
Lot Size0.04 Acres
Price / SF$908.79
Days on Market51
Property Features for 850 McDonald Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Triplex
- Zoning
- M-1
- Bedrooms
- 8
- Bathrooms
- 3
- Rooms
- Bedroom 3, Bedroom 5, Bedroom 7, Bedroom 8, Bathroom 1, Bedroom 4, Bedroom 1, Bathroom 3, Bedroom 2, Bathroom 2, Bedroom 6
- Interior features
- A/C Unit, A/C Unit - Wall, Refrigerator, Stove
- Basement
- Full, Unfinished
- Standard status
- Active
- Size
- 3,300 SF
- Lot size
- 0.04 Acres
Taxes and HOA fees
- Tax Annual Amount
- 7310
Building Details
- Year built
- 1920
- Floors in Building
- 3
- Number of units
- 3
- Flooring type
- Tile, Hardwood, Ceramic
- Building materials
- Brick
- Roof type
- Flat, Rubber
- Architectural style
- Other
Listing Agency:
Real Broker NY LLC
(718) 256-4000
Listed By:
Patricia J. Caltabiano
(718) 269-4598
Added: Jun 6
Changed: Jun 10
Last Checked: Jul 26 at 4:06PM
MLS# 502022
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.
This three-family, three-story residential building is described as well maintained and configured with three separate apartments. The first floor is currently used as a 2-bedroom unit with a backyard, and the space was previously a storefront and can be reversed for retail or other uses. The property also features a new natural gas water heater and 220 separate meters for all floors and the hallway, supporting individualized utilities management.
The building is located at 850 McDonald Avenue in Brooklyn, NY 11218 within zoning described as M-1. Public remarks note excellent transit access to the F train, with nearby parks/playgrounds and a range of nearby services such as supermarkets and convenience stores. The avenue is characterized in the remarks as a transportation route and commercial strip.
For buyers or investors seeking a multi-family asset in a mixed-use and redevelopment context, this property’s three-unit structure and current first-floor residence provide straightforward income diversification, while the first-floor storefront reversibility may support additional operating flexibility. Prospective parties can request net income and expenses from the listing agent.
The building is located at 850 McDonald Avenue in Brooklyn, NY 11218 within zoning described as M-1. Public remarks note excellent transit access to the F train, with nearby parks/playgrounds and a range of nearby services such as supermarkets and convenience stores. The avenue is characterized in the remarks as a transportation route and commercial strip.
For buyers or investors seeking a multi-family asset in a mixed-use and redevelopment context, this property’s three-unit structure and current first-floor residence provide straightforward income diversification, while the first-floor storefront reversibility may support additional operating flexibility. Prospective parties can request net income and expenses from the listing agent.
Key Highlights
- 3‑family home with 3 floors and 3 apartments on McDonald Ave in Brooklyn
- Brick construction; built in 1920 with a flat rubber roof
- 1st floor previously a storefront and can be reversed; currently used as a 2‑bedroom apartment with a backyard
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 | $168.3k | $51.00 |
| − Vacancy | −$3.2k | −$0.97 |
| EGI | $165.1k | $50.03 |
| − OpEx | −$49.5k | −$15.01 |
| NOI | $115.6k | $35.02 |
3,300 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.65M
$1.44M – $1.93M
NOI $115,572 @ 7.0% cap · market cap 3.85%
Second Best
Apartment 5plus
$1.44M
$1.26M – $1.68M
NOI $100,746 @ 7.0% cap · market cap 3.36%
Theoretical Best
Specialty Retail
$2.73M
$2.39M – $3.19M
NOI $191,268 @ 7.0% cap · market cap 6.38%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Shalom Car Services
Daycare Center
FAQs
What type of property is this?
Triplex - Well-maintained three-family property with a flexible first-floor layout and separate metering for added operational clarity.
Where is this triplex located?
The property is located at 850 McDonald Avenue Brooklyn, NY.
What is the asking price?
The asking price for this property is $2,999,000.
What are key features of this property?
This property features: 3‑family home with 3 floors and 3 apartments on McDonald Ave in Brooklyn; Brick construction; built in 1920 with a flat rubber roof; 1st floor previously a storefront and can be reversed; currently used as a 2‑bedroom apartment with a backyard
