NOT LISTED FOR SALE

1121 McDonald Ave Unit 1 Brooklyn, NY 11230

Midwood Neighborhood

Estimated Value: $1,324,151

-- Bed
1 Bath
2,000 Sq Ft
$662/Sq Ft Est. Value

Highlights

  • Pre War Building
  • 1-minute walk to Avenue I
  • West Facing Home
  • P.S. 121 Nelson A Rockefeller Rated A-

About This Home

As of May 2018

March 1st move in. Street retail space off the F train at Avenue I stop with over 1050 sf of usable space and 1000 sf basement storage space available.Currently used as an office with photo studio and has great overhead lighting throughout the space. In addition there are wall partitions and wood laminate floors in great condition. Walls can be removed to open up the space.This is a turn key retail space ready to March 1st-15th move in.Call now to schedule.

Last Agent to Rent the Property

Michael Hartman

Corcoran Group License #10401281337 Listed on: 01/10/2018

Corcoran Group

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $8,057

Year Built

  • Built in 1931

Lot Details

  • 1,481

Home Design

  • 2,000 Sq Ft Home
  • Pre War Building
  • Entry on the 1st floor

Additional Features

  • 1 Full Bathroom
  • West Facing Home

Community Details

  • 2 Units
  • Mapleton Subdivision

Listing and Financial Details

  • Property Available on 3/1/18
  • Tax Block 6514

Property Details

Home Type

Apartment

Est. Annual Taxes

$8,057

Year Built

Built in 1931

Lot Details

0

Rental Info

  • Available Date: 2018-03-01

Listing Details

  • Exposures: West
  • Property SubType: Apartment
  • Property Type: Residential Lease
  • Neighborhood: Mapleton
  • Architectural Style: Prewar
  • Entry Level: 1
  • ResoPropertyType: ResidentialLease
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area: 2000.0
  • Living Area Units: Square Feet
  • Rooms (Total): 2

Beds/Baths

  • Full Bathrooms: 1
  • Bathrooms Integer: 1

Garage/Parking

  • Garage: No

Building Info

  • New Construction: No
  • Units: 2
  • Year Built: 1931

Tax Info

  • Tax Block: 6514

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 8, 2023
Sold by
1121 Mcdonald Avenue Llc
Bought by
1121 Mcdonald Holdings Llc
Current Estimated Value
$1,324,151

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$620,000
Outstanding Balance
$599,834
Interest Rate
6.13%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$724,317

Purchase Details

Closed on
Sep 8, 2016
Sold by
Wa Realty Llc
Bought by
1121 Mcdonald Avenue Llc

Purchase Details

Closed on
Mar 3, 2000
Sold by
Gitman William and Gitman Alla
Bought by
Wa Realty Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
8.26%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
1121 Mcdonald Holdings Llc $1,115,000 --
1121 Mcdonald Holdings Llc $1,115,000 --
1121 Mcdonald Avenue Llc -- --
1121 Mcdonald Avenue Llc -- --
Wa Realty Llc -- Fidelity National Title Ins
Gitman William -- Fidelity National Title Ins
Wa Realty Llc -- Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 1121 Mcdonald Holdings Llc $620,000
Closed 1121 Mcdonald Holdings Llc $620,000
Previous Owner Wa Realty Llc $175,000
Previous Owner Wa Realty Llc $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/01/2018 05/01/18 Rented -- -- --
04/01/2018 04/01/18 Under Contract -- -- --
01/26/2018 01/26/18 For Rent $2,800 -- --
Source: Real Estate Board of New York (REBNY)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $8,057 $129,900 $14,340 $115,560
2024 $8,057 $126,840 $14,340 $112,500
2023 $7,686 $113,280 $14,340 $98,940
2022 $7,468 $88,920 $14,340 $74,580
2021 $7,873 $79,860 $14,340 $65,520
2020 $5,905 $57,360 $14,340 $43,020
2019 $6,993 $57,360 $14,340 $43,020
2018 $6,429 $31,536 $9,457 $22,079
2017 $6,355 $31,176 $10,028 $21,148
2016 $6,232 $31,176 $10,193 $20,983
2015 $3,547 $29,527 $11,184 $18,343
2014 $3,547 $27,856 $12,657 $15,199
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10257878

Real Estate Board of New York (REBNY)

APN: 06514-0094