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4,000 sqft

$10,000,000

1247 McDonald Avenue, Brooklyn NY, 11230

Price per sqft$2,500.00
Built in1930
Property size4,000 sqft
Property typeCommercial

Overview

Active

Listed Sep 24, 2026

Updated 36h ago

The McDonald Avenue corridor has seen significant redevelopment and investment with numerous properties selling for substantial multi-million dollar amounts. Recent major sales further demonstrate the increasing value of properties throughout the area, combined with limited supply of larger development sites and continued demand for residential, commercial, and community facility uses, these transaction reflect the ongoing strength and growth of the neighborhood. Don't miss this exceptional opportunity. Major zoning updates are hitting McDonald Avenue across the 11223 and 11230 zip codes in Brooklyn. The changes combine a massive new neighborhood-wide planning initiative with several high-profile individual property rezoning aimed at replacing low-density commercial space with transit-oriented residential housing such as multi-family housing, meaning apartments, townhomes, condominiums - built intentionally within a short distance of high capacity public transportation hubs.

Additional information

MLS® ID
504786

Interior Features

Basement
No

Exterior Features

Lot Size
0.29 Acres

Other Property Details

Taxes
$41,222
Tax Frequency
Annually
Garage
Yes

Listed by Ivana Minici with DiTommaso Real Estate
Listing Contact: 7186678000 

Based on information from Brooklyn Board of REALTORS®. Data last updated 9/26/2026. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Parkview Terrace Realty shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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