2327 Mcdonald Ave Brooklyn, NY 11223
Property profile & analytics
2327 Mcdonald Ave, Brooklyn, NY 11223
- Manufacturing properties
- 6,525 SF
- 0.15 lot acres
Property ID
US63-3951780
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.
Location Intelligence
Current Use by Public Records
- B&L Stainless Steel INC. / Factory / Production Facility
- B & B Iron Works / Metal Fabrication Plant / Factory
Property Details for 2327 Mcdonald Ave
- Year built
- 1987
- Lot size
- 0.15 lot acres
- Property size
- 6,525 SF
- Zone code
- M1-1
- Property type
- Manufacturing properties
- APN
- 07125-0053
- APU
- 71250053
Description
This exceptional Brooklyn investment property, located at 2327 McDonald Avenue, offers a rare opportunity to acquire a 6,525 square foot warehouse situated on a 6,734 square foot lot. The property boasts a prime corner location with 108 feet of frontage on McDonald Avenue and 68 feet on Neck Road. Currently generating substantial income from three commercial tenants, the property includes an ironworks shop (2,400 sq ft, $3,600/month, month-to-month), a storage space (1,800 sq ft, $4,600/month, no lease), and a metal framing business (1,800 sq ft, $4,400/month, 2-year lease). Annual expenses include $5,000 for insurance and $700 for water and sewer. Heat is gas, paid by tenants. The building features 24-foot ceilings and three overhead doors. Significant upside potential exists with 6,000 square feet of available air rights. The asking price is $4,799,000, and owner financing is available for qualified buyers. This is a unique opportunity to acquire a well-located, income-producing warehouse with substantial future development potential in a thriving Brooklyn neighborhood. The property is a single-story building with one unit. This is a turnkey investment ready for immediate income generation.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,935,000
- 6.5%
- $1,785,000
- 7%
- $1,660,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $948,000
Market price range: $468k - $2.00M
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Brooklyn
- County
- Kings
- State
- New York
- Longitude
- -73.9732
- Latitude
- 40.5955
- 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
$29,885
$116,100
$166,050
$282,150
-
$258,000
$369,000
$627,000
