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100K+ BSF Development Opportunity 2378-2390 McDonald Ave 15,612 SF 100% Leased Industrial Building Brooklyn, NY 11223 $16,387,560 CAD ($1,049.68 CAD/SF)

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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.

Property Facts

Price $16,387,560 CAD
Price Per SF $1,049.68 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
  • -
  • 99,999 SF
  • -
  • -
  • 180 Custom
  • -
  • 99,999 SF
  • -
  • -
  • -
  • 99,999 SF
  • -
  • -
  • -
  • 99,999 SF
  • -
  • -

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
- 99,999 SF - -
180 Custom - 99,999 SF - -
- 99,999 SF - -
- 99,999 SF - -
Walk Score®
Walker's Paradise (91)
Transit Score®
Rider's Paradise (95)
Bike Score®
Very Bikeable (70)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Property Taxes

Property Taxes

Parcel Number
07146-0050
Land Assessment
$242,126 CAD
Improvements Assessment
$903,979 CAD
Total Assessment
$1,146,105 CAD
  • Listing ID: 39375076

  • Date on Market: 2026-02-09

  • Last Updated:

  • Address: 2378-2390 McDonald Ave, Brooklyn, NY 11223

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