1207 McDonald Avenue

$1,780,000
Price
4
Beds
1.5
Baths
2,000 Sq. Ft.
$890 / Sq. Ft.
2,000
Sq. Ft.
$890
per Sq. Ft.

Description

Welcome to this unique mixed-use building in the heart of prime Midwood! Nestled in the vibrant community of Midwood, this mixed-use building measures 20x50 and sits on a 20x90 lot. The first floor boasts a spacious and well-laid-out restaurant space, providing an excellent opportunity for entrepreneurs to establish their culinary vision. With a high-visibility location, this space is ready to become a local hotspot. The second floor presents a unique residential unit featuring four bedrooms, one...Welcome to this unique mixed-use building in the heart of prime Midwood! Nestled in the vibrant community of Midwood, this mixed-use building measures 20x50 and sits on a 20x90 lot. The first floor boasts a spacious and well-laid-out restaurant space, providing an excellent opportunity for entrepreneurs to establish their culinary vision. With a high-visibility location, this space is ready to become a local hotspot. The second floor presents a unique residential unit featuring four bedrooms, one bathroom, a living room, and a kitchen. Perfect for an owner-occupant, this space allows for the convenience of living on-site while enjoying the potential income from the restaurant below. The property will be delivered vacant. Whether you're an aspiring restaurateur or looking to create a dream home, this property offers a blank canvas to bring your vision to life. With a restaurant on the first floor and a residential above, this property is a versatile investment with multiple income streams and potential uses. Enjoy the financial advantage of low property taxes of $6,247, offering a cost-effective ownership experience for investors or owner-occupants looking to maximize their returns. This presents an excellent opportunity for investors and renovators to customize the property to their specifications. The property is being sold As Is. Embrace the charm of this mixed-use gem and turn it into a thriving hub for both commercial and residential pursuits. Call today to schedule a showing!
  1. Listed by Kelvin Ng Wu • Century 21 Realty First
  2. Listed by Karen Ng Mok • Century 21 Realty First

Amenities

  • Walk Up
  • Private Outdoor Space
  • Parking Included
  • Lowrise

Location

Listing Courtesy of Century 21 Realty First
Add your commute
LISTING UPDATED: 02/05/2024 02:00 PM

Property Details for 1207 McDonald Avenue

StatusActive
MLS ID479028
Days on Market121
Taxes$6,247 / year
Maintenance-
Min. Down Pymt-
Total Rooms6.0
Compass TypeMixed Use
MLS TypeMixed Use
Year Built1931
Lot Size1,800 SF / 20' x 90'
CountyKings County

Building

1207 McDonald Ave

2 Units2 StoriesBuilt in 1931

Location

Listing Courtesy of Century 21 Realty First
Add your commute

Building Information for 1207 McDonald Avenue

Stories2Residences2Year Built1931Lot Size1,800 SF / 20' x 90'Building Age-Building Type-

Payment Calculator

$10,235 per month

30 year fixed, 7.25% Interest

Principal and Interest

$9,714

Property Taxes

$521

Maintenance/Common Charges

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1207 McDonald Avenue

Summary
Location and General Information
  • Block: 6514
  • Number Of Stories: 1
  • Cross Street Name: Avenue I
  • Cross Street Name: Avenue J
  • Zoning: M1-1
  • Roof: Flat
Parking
  • Parking Attributes: None
  • Parking Feature Single: None
Taxes and HOA Information
  • Financing: 1031 Exchange, Bank Mortgage, Cash
  • Tax Amount: 6247.0
Property
Lot Information
  • Sq Ft Total: 2000
  • Yard: Back
  • Lot Number: 58
  • Lot Size Irregular YN: No
  • Lot Size Length: 90
  • Lot Size Width: 20
Property and Assessments
  • Commercial Condo YN: No
Utilities
  • Heat Delivery: Steam/Radiator
  • Heating Fuel: Gas
  • Hot Water: Gas
Interior and Exterior Features
Interior Features
  • Basement Amenities: Full, Unfinished
  • Commercial Features Interior: Employee Lounge, Employee Lunchroom, Fire - Smoke Alarm, Kitchen, Living Space Available, Lobby, Restrooms - Staff, Security Alarm
  • Foundation Details: Poured Concrete
  • Flooring: Hardwood, Tile
  • Unit Count: 2
  • Lavatories: None
  • Construction Materials: Brick
  • Electric: 220 V
  • Ceiling Height: 11-15 Foot
Exterior Features
  • Exterior: Brick
  • Commercial Features Exterior: Doors - 11-15 ft
  • Handicap Access YNU: No
Multi Family
Multi-Family Information
  • Building Footprint Sq Ft: 1000.0
  • Building Length: 50.0
  • Building Type: Attached
  • Building Width: 20.0
Unit 1
  • Unit Baths Half: 1.0
  • Unit Category: Store
  • Unit Features: Oven/Range, Refrigerator
  • Unit Floor: 1FL
  • Unit Status: Month-to-Month
  • Unit Unit Type: Restaurant
Unit 2
  • Unit Baths Full: 1
  • Unit Baths Half: 0.0
  • Unit Baths Three Quarter: 0.0
  • Unit Baths Total: 1
  • Unit Bedrooms Total: 4
  • Unit Category: Apt
  • Unit Features: Oven/Range,Refrigerator
  • Unit Floor: 2FL
  • Unit Rooms Total: 6
  • Unit Status: Month-to-Month
  • Unit Unit Type: 4+ Bedrooms
Agent
Sale and Listing
  • Sale Type: Arm's Length
Rental
Rental Information
  • Owner Occupied: No

Property History for 1207 McDonald Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1207 McDonald Avenue

Taxable ValueLand$11,700Additions$73,860Total$85,560
Home Facts
Total Finished SqFt2,000 SqFtLot Size1,800 SqFtYear Built1931ZoningM1-1APN3065140058

Schools near 1207 McDonald Avenue

This home is within Nyc Geog District #21 - Brooklyn.
Rating
School
Type
Grades
Distance
Public - K to 8
Public - 9 to 12
Public - 9 to 12
Public - 6 to 12
Rating
School
Distance
P.S. 121 Nelson A Rockefeller
PublicK to 8

Franklin Delano Roosevelt High School
Public9 to 12

Edward R Murrow High School
Public9 to 12

Brooklyn Studio Secondary School
Public6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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1207 McDonald Avenue is a mixed use property for sale in Midwood. This property was listed for sale on January 4, 2024 by Century 21 Realty First, it's currently listed at $1,780,000. This listing's school district is Nyc Geog District #21 - Brooklyn. Nearby schools include P.S. 121 Nelson A Rockefeller, Franklin Delano Roosevelt High School and Edward R Murrow High School. 1207 McDonald Avenue is a 4-bed, 1.5-bath, 2,000 sqft mixed use property built in 1931.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Century 21 Realty First

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., All rights reserved. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey® MLS. Information Copyright 2024, OneKey® MLS. All data is deemed reliable but is not guaranteed accurate by Compass. See Terms of Service for additional restrictions. Compass · Tel: 212-913-9058 · New York, NY Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York’s Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., all rights reserved. This information is not guaranteed, should be independently verified and may not reflect all real estate activity in the market. Offers of compensation set forth here are for other RLSParticipants only and may not reflect other agreements between a consumer and their broker.©2024 The Real Estate Board of New York, Inc., All rights reserved.