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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)



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 | $16,387,560 CAD | Building Class | C |
| Price Per SF | $1,049.68 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 | $16,387,560 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
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99,999 SF
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- 180 Custom
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99,999 SF
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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 | ||
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- | 99,999 SF | - | - | ||
| 180 Custom | - | 99,999 SF | - | - | ||
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- | 99,999 SF | - | - | ||
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- | 99,999 SF | - | - |
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Walk Score®
Walker's Paradise (91)
Transit Score®
Rider's Paradise (95)
Bike Score®
Very Bikeable (70)
Property Taxes
| Parcel Number | 07146-0050 | Improvements Assessment | $903,979 CAD |
| Land Assessment | $242,126 CAD | Total Assessment | $1,146,105 CAD |
Property Taxes
Parcel Number
07146-0050
Land Assessment
$242,126 CAD
Improvements Assessment
$903,979 CAD
Total Assessment
$1,146,105 CAD
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100K+ BSF Development Opportunity | 2378-2390 McDonald Ave
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