1247 McDonald Avenue Brooklyn NY 11230 | MLS #504786

1247 McDonald Avenue
Brooklyn, NY, 11230
$10,000,000
Beds
0 Baths
4,000 SqFt
0 Acres
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MLS #504786 image #0
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, commercial, 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.

Property Details

Price:
$10,000,000
MLS #:
504786
Status:
Active
Baths:
0
Type:
Commercial
Borough:
Brooklyn
Neighborhood:
midwood
Listed Date:
Sep 24, 2026
Finished Sq Ft:
4,000
Year Built:
1930
BrooklynMidwood

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Market Summary

Current real estate data for Commercial in Brooklyn as of Oct 22, 2026
181
Commercial Listed
187
Avg DOM
953
Avg $ / SqFt
$1,708,142
Avg List Price

Property Summary

    1247 McDonald Avenue Brooklyn NY is a Commercial for sale in Brooklyn, NY, 11230. It is listed for $10,000,000

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Brooklyn, NY