Realmo Analytics

Get reports on 50M+ commercial properties in the US. Find and target property leads based on your business goal.

Financial
Distress signals
Property profile

2299 Mcdonald Ave Brooklyn, NY 11223

FOR SALE
Other industrial properties
Property ID
US63-5863503
8,085 SF 0.25 ac lot Built 1957
Last sale Aug 2019 · $3,800,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 7-yr Hold Held for 7 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

The property is situated on an 11,076-square-foot lot measuring approximately 51.5 feet by 213 feet and includes a 9,500-square-foot building composed of a 7,700-square-foot warehouse and 1,800 square feet of Class A office space. The site is located near the Avenue U subway stop on the F train line. It is zoned R4, M1-1, and OP. The warehouse features a 13.5-foot ceiling height with one loading dock and two drive-in doors, and the property includes on-site parking.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$70k
Tax billed · 2024
Assessed value$669k
Assessed land$88k
Assessed improvement$581k
Effective rate10.45%

Value estimate

· Oct 2026
$580k
$522k – $638k
CAP approach$2.22M
Submarket $/SF estimate$2.25M
NOI build-up
Gross scheduled income$253k
Vacancy & credit loss−$12k
Operating expenses−$36k
NOI · 3.90% cap applied$205k

Realmo valuation models over county records and 8 qualifying comparable sales.

Recently sold

What actually traded nearby?
$568/SF
Submarket average, outlier-cleaned · 170 recorded sales of this use type
Observed band · Q1–Q3$327 – $821
Qualifying comparables8

Cap rate analysis

How does the asset earn?
3.90%
$205k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
M1-1
This district is designed for a wide range of manufacturing and related uses which can conform to a high level of performance standards
General categoryINDUSTRIAL
JurisdictionKINGS(BROOKLYN)

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency58.6
Parking Facility43.7
Law Firm34.4

Location

2299 Mcdonald Ave Brooklyn, NY 11223
County assessor Recorded deeds · 5 transfers 8 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2337 Mcdonald, Brooklyn, NY 11223-4718 $2,425,000 Apr 2024 6,512 SF
2421 Mcdonald, Brooklyn, NY 11223-5230 $4,000,000 Jan 2024 9,000 SF
1911 Mcdonald, Brooklyn, NY 11223 $11,500,000 Jun 2023 6,034 SF
2334 Coney Is, Brooklyn, NY 11223-5002 $4,200,000 Jul 2021 12,432 SF
2338 Mcdonald, Brooklyn, NY 11223-4740 $3,500,000 Dec 2020 9,344 SF
2425 Mcdonald, Brooklyn, NY 11223-5230 $1,700,000 Feb 2020 9,000 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved
Reason not saved — we won't ask again