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100K+ BSF Development Opportunity 2378-2390 McDonald Ave 15,612 SF 100% Leased Industrial Building Brooklyn, NY 11223 $16,653,720 CAD ($1,066.73 CAD/SF)



Investment Highlights
- ±20,252 SF lot with C4-4L (R7A equivalent) zoning, offering ~101,463 buildable square feet, and features nearly 100 feet of frontage on McDonald Ave.
- Excellent public transportation access, including a one-seat subway ride on the F train from Avenue U to Manhattan in approximately 35 minutes.
- Large-scale residential site with ULURP-approved zoning and MIH Options 1 and 2, situated in a predominantly lower-density, non-residential area.
Executive Summary
RIPCO REAL ESTATE has been retained on an exclusive basis to arrange for the sale of 2390 McDonald Avenue— Gravesend, Brooklyn (the ‘Property’).
The Property comprises a ±20,252-square-foot lot improved by a 15,612-square-foot, one-story office building, featuring exceptional street presence along McDonald Avenue and an extra-deep lot configuration. The site benefits from C4-4L zoning with an R7A residential equivalent, providing substantial residential development capacity and flexibility for a range of development programs.
Through a completed ULURP rezoning, the Property is uniquely positioned to accommodate high-density residential development projects. This rezoning allows for compliance with Mandatory Inclusionary Housing requirements, distinguishing it from neighboring properties that are still restricted to lower-density or non-residential zoning classifications. The zoning framework allows for the integration of residential uses above active, neighborhood-oriented ground-floor space, supporting efficient building layouts.
For additional information, please contact the Exclusive Brokers directly.
The Property comprises a ±20,252-square-foot lot improved by a 15,612-square-foot, one-story office building, featuring exceptional street presence along McDonald Avenue and an extra-deep lot configuration. The site benefits from C4-4L zoning with an R7A residential equivalent, providing substantial residential development capacity and flexibility for a range of development programs.
Through a completed ULURP rezoning, the Property is uniquely positioned to accommodate high-density residential development projects. This rezoning allows for compliance with Mandatory Inclusionary Housing requirements, distinguishing it from neighboring properties that are still restricted to lower-density or non-residential zoning classifications. The zoning framework allows for the integration of residential uses above active, neighborhood-oriented ground-floor space, supporting efficient building layouts.
For additional information, please contact the Exclusive Brokers directly.
Property Facts
| Price | $16,653,720 CAD | Building Class | C |
| Price Per SF | $1,066.73 CAD | Lot Size | 0.46 AC |
| Sale Type | Investment | Rentable Building Area | 15,612 SF |
| Sale Condition | Redevelopment Project | No. Stories | 1 |
| Property Type | Industrial | Year Built | 1941 |
| Property Subtype | Warehouse | Parking Ratio | 0.13/1,000 SF |
| Zoning | C4-4L (R7A) - ULURP Rezoning | ||
| Price | $16,653,720 CAD |
| Price Per SF | $1,066.73 CAD |
| Sale Type | Investment |
| Sale Condition | Redevelopment Project |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 0.46 AC |
| Rentable Building Area | 15,612 SF |
| No. Stories | 1 |
| Year Built | 1941 |
| Parking Ratio | 0.13/1,000 SF |
| Zoning | C4-4L (R7A) - ULURP Rezoning |
Utilities
- Lighting
- Gas
- Water
- Sewer
- Heating
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
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- Real Estate
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99,999 SF
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- 180 Custom
- Services
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99,999 SF
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- Real Estate
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99,999 SF
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Welcome to The Wash. They pride themselves in their commitment to delivering the best experience possible. Enjoy their state of the art facility equipped with a touch-less washing system.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
Real Estate | 99,999 SF | - | - | ||
| 180 Custom | Services | 99,999 SF | - | - | ||
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Real Estate | 99,999 SF | - | - | ||
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Services | 99,999 SF | - | - |
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Exceptionally walkable
100/100
Somewhat drivable
20/100
Exceptional public transit
90/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 07146-0050 | Improvements Assessment | $913,954 CAD |
| Land Assessment | $244,798 CAD | Total Assessment | $1,158,752 CAD |
Property Taxes
Parcel Number
07146-0050
Land Assessment
$244,798 CAD
Improvements Assessment
$913,954 CAD
Total Assessment
$1,158,752 CAD
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100K+ BSF Development Opportunity | 2378-2390 McDonald Ave
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