Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $2,255,000

· Closed December 3, 2025

1117 MCDONALD Avenue
Closed For Sale Mixed Use

$2,255,000

1117 MCDONALD Avenue

Midwood, Brooklyn

MLS® #RLS11031663

RLS at REBNY

Listing by Douglas Elliman Real Estate

7

Bedrooms

5.5

Baths

N/A

Sq. Ft.

N/A

Year Built

Quick Summary

Bedrooms 7
Bathrooms 6 full, 1 half
Year Built N/A
Ownership None
Property Taxes $7,740/yr
Neighborhood Midwood
Floor 1 of 3

Property Highlights

  • Views: Other
  • Climate Control: Central Air

Property Details

Type Mixed Use
Ownership None
Total Rooms 12
Baths 5 Full, 1 Half
Floor 1 of 3
View Other
Cooling Central Air
Pets Yes
Structure Type MixedUse
Basement Other
Parcel # 06504-0030
Block/Lot 06504/0030

Listing History

Event Date Price Change
Listed Jan 30, 2025 $2,750,000 -
Price Reduced Dec 3, 2025 $2,495,000 -9.3%
Currently May 4, 2026 $2,255,000 -9.6%

Description

1117 McDonald Avenue, Brooklyn NY 11230

PRIME LOCATION CORNER OF MCDONALD AVENUE & AVENUE I

(MIDWOOD, BROOKLYN) GREAT INVESTMENT OPPORTUNITY

OFFERED ON AN EXCLUSIVE BASIS an incredible opportunity to own a 3 story mixed-use income-generating property with Long Term Tenants, great rent roll and upside for increases. This 3 Story brick bldg. is built 20 ft x 100 ft with 20 feet of frontage on McDonald and 100 feet on Avenue I.

This mixed use building is comprised of Three retail/commercial store fronts and two floor through residential apartments above.

The building corners on McDonald and Avenue I. Very well trafficked area, wonderful exposure on two wide avenues and amazing light. Great transportation hub, wonderful business and residential area. with great foot traffic.

Second Floor is a 3 bedroom 1.5 bath

Third floor is a 2 bedroom 1 bath apt.

The ground floor has three commercial/retail spaces with long-term tenants.

Unit 1 corners on McDonald & Avenue I, which has a deli as a tenant.

Unit 2 store is currently vacant (possible user/owner)

Unit 3 has a local RE company as a tenant.

All commercial units have use of the cellar (under there spaces) that spans the full depth of the bldg.

The building has incredibly low taxes of $7744/year

The lot size and bldg. size is 20" x 100'.

EXCEPTIONAL INVESTMENT/USER OPPORTUNITY

Inquire of exclusive agents for additional information.

Features & Amenities

Interior Features

Smoke Free In Unit

Building Amenities

Green Building

Building Information

Building Data View Compliance & Permits
Total Units 2
Stories 3
Structure MixedUse

Financial Details

RE Taxes $7,740/yr ($645/mo)
Original Price $2,750,000
Sale Price $2,255,000
Previous Price $2,495,000

Midwood, in Brooklyn, features the Fiske Terrace-Midwood Park Historic District, preserving over 250 early 20th-century homes. Architecture showcases Colonial Revival, Queen Anne, and Craftsman styles across the residential streets. This area is served by major transit lines and is anchored by mature, tree-lined park space.

Midwood Live Market Data

View Neighborhood

Active Listings

27

Median Asking Price

$440K

Median $/Sqft

$540

Avg Days on Market

N/A

New This Week

3

Price Reduced

41%

Sold (30 Days)

1

Median Sale Price

$490K

Live data from RLS at REBNY • Updated 5/4/26, 12:29 PM EST

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Location

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1117 MCDONALD Avenue, Midwood, Kings County

Building Information

Official NYC property records for this building

1931
Year Built
95 years old
3
Floors
2
Residential Units
M1-1
Zoning District
Primarily Residential Mixed Use

Tax & Assessment

Assessed Value: $586,350
Land Value: $120,600
Exemptions: $0

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 2,000 SF
Building Area: 4,160 SF
Built FAR: 2.08

Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)

Want help estimating ownership costs or understanding building compliance? Let's discuss

Frequently Asked Questions

Common questions about this property

The current listed annual property tax is $7,740, or roughly $645 per month. Verify the current assessment with your attorney before closing.

This property has 7 bedrooms and 5 full bathrooms and 1 half bathroom.

This listing is None

Pets are permitted at this property. Contact the listing broker for weight limits or breed restrictions.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or [email protected]. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS11031663
First Listed: 1/30/2025
On Market: 1/30/2025
Price Changed: 12/3/2025
Closed: 12/3/2025
Contract Date: 1/30/2025

Listing Courtesy of Douglas Elliman Real Estate - Alan S Nickman

Listing Contact: (917) 224-1329

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. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 5/4/2026 at 4:29 PM UTC

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