2390 Mcdonald Ave Brooklyn, NY 11223
- Land
- 91,500 SF
Current Use by Public Records
- Royal Protection Security / Security Service / Security System Supplier
- Severe Jeanne / Nursing Agency
- The Wash Experts / Car Wash
- Car wash , супер мойка машин / Car Wash
- Mindweaver / Computer Consultant
Property Details for 2390 Mcdonald Ave
- Year built
- 1931
- Property size
- 91,500 SF
- Property type
- Land
- Property subtype
- Industrial properties
Description
This exceptional 19,900 square foot lot at 2390 McDonald Avenue in Brooklyn, New York (zip code 11223), presents a compelling redevelopment opportunity. Recently rezoned to C4-4L, this property offers significant potential. The site boasts a total buildable square footage of approximately 91,500 square feet, allowing for a substantial development. The zoning permits a mixed-use project, with an estimated 17,600 square feet allocated for commercial space and 73,900 square feet for residential use. The existing structure, built in 1931, offers a unique opportunity to create a modern development. The lot dimensions are approximately 100' x 210'. The property features a 16-foot ceiling height and is priced at $16,500,000, or $180 per buildable square foot. With air rights of 91,500 square feet, and the potential for an eight-story building, this site presents a rare chance to capitalize on the thriving Gravesend market. This is a value-add investment opportunity ideal for developers seeking a prime location in a rapidly growing area. The property is located in Kings County.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Brooklyn
- County
- Kings
- State
- New York
- Longitude
- -73.9737
- Latitude
- 40.5939