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    1202 Mcdonald Ave Brooklyn, NY 11230

    For Sale
    $1,180,000

    1,300 SF Warehouse, Restaurant Potential

    Property size:
    1,300 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 1,300 square foot commercial property, located at 1202 McDonald Avenue in Brooklyn, New York, presents a unique investment opportunity. Situated on a 1,950 square foot lot, this single-story building offers versatile space ideal for a variety of uses, including retail, industrial, office, warehouse, manufacturing, or restaurant operations. The property features 8-10 foot ceilings, providing ample headroom for various applications. Its prime location in the Midwood neighborhood offers excellent accessibility, further enhanced by a shared community driveway, ensuring smooth logistics for deliveries and client access. The asking price is $1,180,000. This property is zoned for commercial use and represents a strong potential for both immediate occupancy and long-term appreciation. The building's adaptable layout and convenient location make it an attractive option for entrepreneurs and investors seeking a foothold in a thriving Brooklyn market. The property's single-unit structure simplifies management and operation, while its size offers a manageable footprint for a variety of businesses. With its blend of functionality and location, this property is poised to deliver strong returns. The property is located in Kings County (Brooklyn), New York, zip code 11230.

    Property Features for 1202 Mcdonald Ave

    General Information

    Property type
    Restaurants
    Square Feet
    1,300 SF

    Building Details

    Stories
    1
    Units
    1

    HighLights

    • 1,300 SF commercial building on a 1,950 SF lot in Brooklyn's Midwood neighborhood.
    • Versatile space suitable for retail, office, warehouse, or restaurant use.
    • 8‑10' ceilings and shared community driveway for easy access.
    • Asking price: $1,180,000.
    • Zoned for commercial use in Kings County, NY (zip code 11230).
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Modern Flooring Design Flooring Store Modern Wood Flooring Flooring Contractor

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Brooklyn
    County
    Kings (Brooklyn)
    State
    New York
    Longitude
    -73.9761732
    Latitude
    40.6239714

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    FAQs

    What type of property is this?
    Restaurant - 1,300 SF Warehouse, Restaurant Potential
    Where is this restaurant located?
    The property is located at 1202 Mcdonald Ave 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: 1,300 SF commercial building on a 1,950 SF lot in Brooklyn's Midwood neighborhood.; Versatile space suitable for retail, office, warehouse, or restaurant use.; 8-10' ceilings and shared community driveway for easy access.
    Request Owner's contact information
    1202 Mcdonald Ave Brooklyn, NY 11230
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    Brooklyn, NY 11230
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1202 Mcdonald Ave Brooklyn, NY 11230
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