About This Home

This 0-bedroom, 0-bathroom commercial at 1247 McDonald Avenue in Brooklyn, NY is listed for $10,000,000 ($2,500 per sqft). Built in 1930, the home offers 4,000 sqft of living space on a 0.29 acres lot.

Key Features

  • Built in 1930
  • 0.29 acre lot

Property Details

1 story
1-car garage
1930
Listing Description

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, co

mmercial, 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.

Monthly Cost Estimate

$53,482/mo

20% down · 6.5% · 30 years

Principal$7,232
Interest$43,333
Insurance$2,917

Estimates only. Actual payments may vary.

Location

1247 McDonald Avenue

Brooklyn, NY 11230

Property Details

Flooring

Concrete

Construction

Block Brick

Parking

Garage - AttachedGarage

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 1247 McDonald Avenue is listed at $10,000,000 ($2,500/sqft). The estimated monthly payment is $53,482 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1930, 0.29 acre lot.

This property is listed by Ivana Minici.

IM

Ivana Minici

Agent at DiTommaso Real Estate

Listed by DiTommaso Real Estate · Broker phone: (718) 667-8000 · Broker website

MLS# 504786· Source: Brooklyn New York Multiple Listing Service· 40 days on PropertySimple

Copyright © 2026 Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1247 McDonald Avenue, Brooklyn, NY 11230

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