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Off market
  • $1,546,200

    502 McDonald Ave, Brooklyn, NY 11218

    3beds
    2,334sqft
    MultiFamily
    Built in 1910
    -- sqft lot
    $1,546,200 Zestimate®
    $662/sqft
    $5,608 Estimated rent

    Home value

    $1,546,200

    $1.35M - $1.78M

    $5,608/mo

    Zestimate® history
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    Owner options

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    $5,608/mo

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    $5,608/mo

    Rent Zestimate®

    Refinance and save

    $9,348/mo

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    $9,348/mo

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    What's special

    A great investment opportunity has become available in Kensington, Brooklyn. McDonald Ave is a busy commercial block that doesn't often have buildings available for sale. With the area growing and many residents from Park Slope moving into the neighborhood this is a great opportunity for any investor. Building is 2 stories. On the first floor you have a store and a 1 bedroom and on the second floor you have a 2 bedroom apartment. Basement has all the mechanical rooms and heating system runs on gas. The property is 2,334 Sq Ft and the lot size is 1,400 Sq Ft. Taxes are $3,794 annually. Commercial tenant has a lease till 2019 and the residential tenants have no leases giving you immediate upside. Call today for an appointment.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Features
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 2,334 sqft

    Property

    Lot
    • Size: 1,417 Square Feet
    Details
    • Parcel number: 053520014

    Construction

    Type & style
    • Home type: MultiFamily
    Condition
    • Year built: 1910

    Community & HOA

    Location
    • Region: Brooklyn

    Financial & listing details

    • Price per square foot: $662/sqft
    • Tax assessed value: $1,444,000
    • Annual tax amount: $5,545

    Price history

    DateEventPrice
    10/24/1996Sold$108,500$46/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$5,545 -0.3%$86,640 +7.5%
    2024$5,563 $80,580 +4%
    2023-- $77,460 +17.3%
    2022-- $66,060 +12.8%
    2021-- $58,560 -8.3%
    2020$4,929 +0.9%$63,840 +15%
    2019$4,885 +7.1%$55,500 +154.6%
    2018$4,559 +8.7%$21,795 +6%
    2017$4,193 +10.5%$20,571 +6%
    2016$3,795 $19,407
    2015$3,795 +62.1%$19,407 +0.9%
    2014$2,341 $19,233
    Find assessor info on the county website

    Neighborhood: Kensington

    Nearby schools

    GreatSchools rating