3 months on rocket

1527 Mcdonald Ave, Brooklyn, NY, 11230

$1,200,000

Home List Price

$10,000*

Closing Credit

7 Bedrooms
4 Full Baths
2,800 SqFt
$429/SqFt
Multi
Schools Nearby

Location

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1527 Mcdonald Ave, Brooklyn$1,200,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingOther, Other
HeatingSteam, Oil
BasementYes
FireplaceStove
MLS #479117
StatusActive

About 1527 Mcdonald Ave

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!

Property Details

Property Features

Property Information:

  • Living Area: 2,800 SqFt

Listing Office:

  • Office Name: Momentum Real Estate LLC

Interior Features

Interior Information:

  • Appliances: Refrigerator, Stove
  • Basement: Yes
  • Flooring Type: Laminate, Tile
  • Fireplace: Stove

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 7

Exterior Features

Parking Information:

  • Parking: Other, Other

Utilities

Utilities Information:

  • Heating: Steam, Oil

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,200,000
  • Price Per SqFt: $429/SqFt

Tax Information:

  • Annual Amount: $7,591
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Brooklyn, NY.

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Brooklyn, NY

City

Med. Sold Price

$957.3K

Med. Price/SqFt

$683

Avg. Days On Market

97

# of Sold Homes

370

1527 Mcdonald Ave vs Brooklyn

111 DAYS ON ROCKET

+14 Days

$1,200,000

+$242.6K More

$429/SqFt

-$255 Less

KEY TAKEAWAY

This property is $242.6K more than the Median Sold Price and $255/SqFt less than other homes in Brooklyn, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #479117

Listing Office:

  • Office Name: Momentum Real Estate LLC

IDX Information being provided by Brooklyn Multiple Listing Service is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

The accuracy of all information, regardless of source, including but not limited to open house information, square footage and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Brooklyn Multiple Listing Service and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited.

Copyright © 2024 Brooklyn Multiple Listing Service. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 4/29/2024, 2:25:19 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$7,591$253,350
2019$7,591$253,350
2018$6,924$56,470
2017$6,502$54,442

History based on county public records data.

Payment Calculator

$6,057

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,664

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-3160418
7
/10

  • PS 177 The Marlboro

  • 346 Avenue P

  • 0.50 miles

  • Public District Grades PK-5

school-card-donut-3160419
8
/10

  • PS 199 Frederick Wachtel

  • 1100 Elm Ave

  • 0.57 miles

  • Public District Grades PK-5

school-card-donut-3160420
7
/10

  • PS 205 Clarion

  • 6701 20th Ave

  • 0.69 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $69,097. Typical income of Brooklyn, NY residents is between $35k-100k annually. Typical family type is single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›New York›Kings County›Brooklyn›11230›1527 Mcdonald Ave

This home is located at 1527 Mcdonald Ave in Brooklyn, NY and zip code 11230 in the Southern Brooklyn neighborhood. Features: 7 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since January 09, 2024 and is currently priced at $1,200,000.

While more than 39 listings in Brooklyn, NY in March 2024 were sold above asking price, there were more than 179 listings sold at asking price, and more than 151 were sold below. The inventory of homes for sale in Brooklyn, NY between February 2024 and March 2024 increased by 0.8%. While the average time on the market in March 2024 was 97 days, the median list price was $957,365.

From Rocket Homes Real Estate and based on county public records data.

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