1527 McDonald Avenue

Ocean Parkway

$1,050,000
Price
7
Beds
4
Baths
2,800 Sq. Ft.
$375 / Sq. Ft.
2,800
Sq. Ft.
$375
per Sq. Ft.

Description

Welcome to this spacious and versatile legal 4-family home, offering a unique investment opportunity in the heart of Midwood. This well-maintained property boasts 7 bedrooms and 5 bathrooms, providing ample space for residents. The semi-finished basement adds significant value, featuring a bonus room with a 3/4 bathroom, a summer kitchen area with its own entrance and exit. The basement also includes a separate storage area or additional bonus room, offering flexibility for various needs. Upon sale,...Welcome to this spacious and versatile legal 4-family home, offering a unique investment opportunity in the heart of Midwood. This well-maintained property boasts 7 bedrooms and 5 bathrooms, providing ample space for residents. The semi-finished basement adds significant value, featuring a bonus room with a 3/4 bathroom, a summer kitchen area with its own entrance and exit. The basement also includes a separate storage area or additional bonus room, offering flexibility for various needs. Upon sale, only one 2-bedroom unit will be vacant, presenting an immediate income potential. It opens doors for customization and enhancement to meet personal preferences. Property sold with tenants. Conveniently located near amenities such as ShopRite, other shopping options, Bay Parkway, schools like PS 226 and Edward R. Murrow, Friends' Field, buses, and the F Train, this property appeals to both end-users and investors alike. Don't miss out on the opportunity to turn this diamond in the rough into your dream home or a lucrative investment. Act now and schedule your viewing!

Amenities

  • Walk Up
  • Voice Intercom
  • Basement
  • Private Outdoor Space
  • Parking Included
  • Lowrise
  • Contemporary
  • Range
LISTING UPDATED: 11/26/2024 10:05 AM

Property Details for 1527 McDonald Avenue

StatusContract Signed
MLS ID479117
Days on Market272
Taxes$7,278 / year
Maintenance-
Min. Down Pymt-
Total Rooms15.0
Compass TypeTownhouse
MLS TypeResidential
Year Built1911
Lot Size2,240 SF / 20' x 112'
CountyKings County

Building

1527 McDonald Ave

4 Units2 StoriesBuilt in 1911

Building Information for 1527 McDonald Avenue

Stories2Residences4Year Built1911Building Size20' x 70'Building Sq. Ft2,800 SFLot Size2,240 SF / 20' x 112'Building Age-Building Type-

Property Information for 1527 McDonald Avenue

Summary
Location and General Information
  • Block: 6564
  • Cross Street Name: Avenue M
  • Cross Street Name: Avenue N
  • Zoning: R5
  • Roof: Flat
  • Residential Features: Refrigerator, Stove
Parking
  • Parking Attributes: Other
  • Parking Feature Single: Other
Taxes and HOA Information
  • Financing: 1031 Exchange, Bank Mortgage, Cash
  • Tax Amount: 7278.0
Property
Lot Information
  • Sq Ft Total: 2800
  • Yard: Back, Front
  • Lot Number: 79
  • Lot Size Irregular YN: No
  • Lot Size Length: 112
  • Lot Size Width: 20
Utilities
  • Heat Delivery: Steam/Radiator
  • Heating Fuel: Oil
  • AC Units: 0
  • Hot Water: Oil
  • Utility Expense: 600.0
  • Fuel Expense: 2000.0
Interior and Exterior Features
Interior Features
  • Basement Amenities: Full, Semi-Finished
  • Baths Three Quarter: 1.0
  • Baths Total Level 1: 2
  • Baths Total Level: 2
  • Total Rooms: 15
  • Foundation Details: Poured Concrete
  • Flooring: Laminate, Tile
  • Unit Count: 4
  • Building Amenities: NONE
  • Construction Materials: Brick
  • Electric: Circuit Breakers
  • Beds Total Level: 3
  • Beds Total Level: 4
Exterior Features
  • Exterior: Brick
  • Handicap Access YNU: No
Multi Family
Multi-Family Information
  • Building Footprint Sq Ft: 1400.0
  • Building Length: 70.0
  • Building Type: Attached
  • Building Width: 20.0
  • Rooms Total Level 1: 7
  • Rooms Total Level 2: 8
Unit 1
  • Unit Baths Full: 1
  • Unit Baths Half: 0.0
  • Unit Baths Three Quarter: 0.0
  • Unit Baths Total: 1
  • Unit Bedrooms Total: 2
  • Unit Category: Apt
  • Unit Current Rent: 1700.0
  • Unit Floor: 1F
  • Unit Projected Rent: 2400.0
  • Unit Rooms Total: 4
  • Unit Status: Month-to-Month
  • Unit Unit Type: 2 Bedrooms
Unit 2
  • Unit Baths Full: 1
  • Unit Baths Half: 0.0
  • Unit Baths Three Quarter: 0.0
  • Unit Baths Total: 1
  • Unit Bedrooms Total: 1
  • Unit Category: Apt
  • Unit Current Rent: 1600.0
  • Unit Floor: 1R
  • Unit Projected Rent: 1900.0
  • Unit Rooms Total: 3
  • Unit Status: Month-to-Month
  • Unit Unit Type: 1 Bedroom
Unit 3
  • Unit Baths Full: 1
  • Unit Baths Half: 0.0
  • Unit Baths Three Quarter: 0
  • Unit Baths Total: 1
  • Unit Bedrooms Total: 2
  • Unit Category: Apt
  • Unit Floor: 2F
  • Unit Projected Rent: 2400.00
  • Unit Rooms Total: true
  • Unit Status: Owner Occupied
  • Unit Unit Type: 2 Bedrooms
Unit 4
  • Unit Baths Full: 1
  • Unit Baths Half: 0.0
  • Unit Baths Three Quarter: 0
  • Unit Baths Total: 1
  • Unit Bedrooms Total: 2
  • Unit Category: Apt
  • Unit Current Rent: 1550.0
  • Unit Floor: 2R
  • Unit Projected Rent: 2400.00
  • Unit Rooms Total: true
  • Unit Status: Month-to-Month
  • Unit Unit Type: 2 Bedrooms
Agent
Sale and Listing
  • Sale Type: Arm's Length
Rental
Rental Information
  • Insurance Expense: 1812.0
  • Owner Occupied: Yes

Property History for 1527 McDonald Avenue

DateEvent & SourcePriceAppreciationLink
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1527 McDonald Avenue

Taxable ValueLand$70,650Additions$161,550Total$232,200
Home Facts
Total Finished SqFt2,440 SqFtLot Size2,240 SqFtYear Built1911ZoningR5APN3065640079

Schools near 1527 McDonald Avenue

This home is within Nyc Geog District #21 - Brooklyn.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - 9 to 12
Public - 6 to 12
Rating
School
Distance
P.S. 226 Alfred De B Mason
PublicPK to 8

James Madison High School
Public9 to 12

Edward R Murrow High School
Public9 to 12

Brooklyn Studio Secondary School
Public6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., All rights reserved. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey® MLS. Information Copyright 2024, OneKey® MLS. All data is deemed reliable but is not guaranteed accurate by Compass. See Terms of Service for additional restrictions. Compass · Tel: 212-913-9058 · New York, NY 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. ©2024 The Real Estate Board of New York, Inc., all rights reserved. This information is not guaranteed, should be independently verified and may not reflect all real estate activity in the market. Offers of compensation set forth here are for other RLSParticipants only and may not reflect other agreements between a consumer and their broker.©2024 The Real Estate Board of New York, Inc., All rights reserved.