Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1227 Mcdonald Ave Brooklyn, NY 11230-3322

    • Warehouses
    • 1,900 SF
    • 0.06 lot acres
    OFF-MARKET
    Value Estimations
    $560,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US63-0832399
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Dr Cool / Physician
    • HVAC DEPOT INC / Big Box & Wholesale Store / Building Supply
    • Doctor Cool LLC / Compressor warehouse Moved to / Hardware & Home Improvement / HVAC Service

    Property Details for 1227 Mcdonald Ave

    Year built
    1930
    Lot size
    0.06 lot acres
    Property size
    1,900 SF
    Zone code
    M1-1
    Property type
    Warehouses
    APN
    06524-0078
    APU
    65240078

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $370,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $685,000
      6.5%
      $630,000
      7%
      $585,000

    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $825,000

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Brooklyn
    County
    Kings
    State
    New York
    Longitude
    -73.9753
    Latitude
    40.6232
    CBSA code
    35620
    CBSA name
    NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $10,639
    $45,000
    $87,750
    $132,750
    -
    $100,000
    $195,000
    $295,000

    Comparable in this City

    • Value Estimation
      $5,340,000
      16,800 SF

      1632 Mcdonald Ave

      WAREHOUSE, STORAGE • 16,800 SF
      1632 Mcdonald Ave, Brooklyn, NY 11230-6311
      View Details
    • Value Estimation
      $860,000
      3,000 SF

      1704 Mcdonald Ave

      WAREHOUSE, STORAGE • 3,000 SF
      1704 Mcdonald Ave, Brooklyn, NY 11230-6907
      View Details
    • Value Estimation
      $10,985,000
      29,550 SF

      1490 Mcdonald Ave

      WAREHOUSE, STORAGE • 29,550 SF
      1490 Mcdonald Ave, Brooklyn, NY 11230
      View Details
    • Value Estimation
      $760,000
      3,530 SF

      1191 Mcdonald Ave

      WAREHOUSE, STORAGE • 3,530 SF
      1191 Mcdonald Ave, Brooklyn, NY 11230
      View Details
    • Value Estimation
      $1,620,000
      8,200 SF

      1664 Mcdonald Ave, Unit 1672

      WAREHOUSE, STORAGE • 8,200 SF
      1664 Mcdonald Ave, Brooklyn, NY 11230-6311
      View Details
    • Value Estimation
      $3,145,000
      17,508 SF

      1210 Foster Ave

      MINI-WAREHOUSE, STORAGE • 17,508 SF
      1210 Foster Ave, Brooklyn, NY 11230
      View Details

    Similar Nearby for Sale

    • $1,180,000
      1,300 SF

      Midwood Industrial Space For Sale

      1,300 SF Warehouse, Restaurant Potential
      1202 Mcdonald Ave, Brooklyn, NY 11230
      View Details
    • $1,099,000

      Prime Midwood Land - Brooklyn, NY

      Build Your Dream Home: 4,095 sq ft lot.
      1430 2Nd St, Brooklyn, NY 11230
      View Details
    • $2,500,000

      Six-Family Brick Building in Brooklyn

      Six apartments, parking, and income potential near shopping and transportation.
      1392 E 18Th St, Brooklyn, NY 11230
      View Details
    • $239,000

      Brooklyn Multifamily Investment Opportunity

      Multifamily property for sale in Brooklyn, New York.
      414 Elmwood Ave, Brooklyn, NY 11230
      View Details
    • New
      $1,350,000
      2,126 SF

      Versatile Mixed-Use Brooklyn Property

      Mixed-use property in prime Midwood location with income potential.
      1773 Ocean Ave, Brooklyn, NY 11230
      View Details
    • Contact for pricing
      Pending

      Midwood Apartment with Natural Light

      Bright, well-maintained 1-bedroom apartment near Kings Highway.
      1577 E 17Th St, Brooklyn, NY 11230
      View Details

    Similar Nearby for Lease

    • $384 /Mo
      6,000 SF

      Prime Brooklyn Office/Warehouse

      6,000 SF, Single Tenant Available
      1261 Coney Island Ave, Brooklyn, NY 11230
      View Details
    • Contact for pricing
      19,300 SF

      Brooklyn Warehouse with Mezzanine Offices

      19,300 SF warehouse featuring mezzanine offices and drive-in doors.
      1632 Mcdonald Ave, Brooklyn, NY 11230
      View Details
    • Contact for pricing
      2,700 SF

      Built Out Dental Office Space

      2,700 SF dental office space for rent.
      749 Ocean Pkwy, Brooklyn, NY 11230
      View Details
    • $2,800 /Mo
      1,000 SF

      Kensington Office Space For Rent

      Cellar office space in Kensington, approximately 1000 square feet.
      623 Avenue H, Brooklyn, NY 11230
      View Details
    • $2,000 /Mo

      Renovated Office Space Available

      Renovated second-floor office space with private restroom for rent.
      1581 Mcdonald Ave, Brooklyn, NY 11230
      View Details
    • $2,400 /Mo
      475 SF

      Renovated Office Space Available

      Renovated office space with private restroom for rent.
      1581 Mcdonald Ave, Brooklyn, NY 11230
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1227 Mcdonald Ave
    Brooklyn, NY 11230-3322
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    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
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!