Dan Patsis
Responds Quickly
POLJAN PROPERTIES INC
(917) 525-4631
68 Total Sales
1 in Midwood
$235,000 Price
1527 McDonald Ave Brooklyn, NY 11230
Midwood Neighborhood
7
Beds
5
Baths
2,800
Sq Ft
2,240
Sq Ft Lot
Highlights
- Tile Flooring
- 2-minute walk to Avenue N
- Back and Front Yard
- Heating System Uses Steam
About This Home
As of March 2025Welcome 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!
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,278
Lot Details
- 2,240 Sq Ft Lot
- Lot Dimensions are 112 x 20
- Back and Front Yard
Home Design
- Flat Roof Shape
- Brick Exterior Construction
- Poured Concrete
Interior Spaces
- 2,800 Sq Ft Home
- Partially Finished Basement
- Basement Fills Entire Space Under The House
- Stove
Flooring
- Laminate
- Tile
Bedrooms and Bathrooms
- 7 Bedrooms
Utilities
- Heating System Uses Steam
- Heating System Uses Oil
- Oil Water Heater
Listing and Financial Details
- Tax Block 6564
Community Details
Overview
- 4 Units
Building Details
- Fuel Expense $2,000
- Insurance Expense $1,812
- Utility Expense $600
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 9, 2024
Closed on
Mar 12, 2025
Sold by
Bought by
Seller's Agent
Kevin Lam
Momentum Real Estate LLC
Buyer's Agent
Jay Zhang
Robert Defalco Realty Inc
List Price
$1,200,000
Sold Price
$999,000
Premium/Discount to List
-$201,000
-16.75%
Views
135
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
6.85%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jan 4, 1996
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Midwood, NY
-
Dan Patsis
-
Paul Griffith
Paul Griffith
Griffith Real Estate LLC
(862) 772-8397
21 Total Sales
4 in Midwood
$205K - $365K Price Range
-
David Castle
David Castle
Responds QuicklyKeller Williams Realty Greater
(888) 961-6134
23 Total Sales
1 in Midwood
$365,000 Price
-
Yeugena Atayan
Yeugena Atayan
RE/MAX Real Estate Professiona
(866) 450-0598
22 Total Sales
1 in Midwood
$895,000 Price
-
Svetlana (Lana) Shushkovsky
Svetlana (Lana) Shushkovsky
Responds QuicklyeXp Realty BKNY
(844) 227-6704
19 Total Sales
14 in Midwood
$195K - $470K Price Range
-
Mitchell Feldman
Mitchell Feldman
(855) 629-2561
101 Total Sales
5 in Midwood
$199K - $1.8M Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $999,999 | -- | ||
| $160,000 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $569,751 | ||
| Open | $1,364,790 | ||
| Closed | $800,000 | ||
| Previous Owner | $139,685 | ||
| Previous Owner | $350,000 | ||
| Closed | $70,000 | ||
| Previous Owner | $38,891 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/12/2025 03/12/25 | Sold | $999,000 | -4.9% | $357 / Sq Ft |
| 08/12/2024 08/12/24 | Price Changed | $1,050,000 | -12.5% | $375 / Sq Ft |
| 01/09/2024 01/09/24 | For Sale | $1,200,000 | -- | $429 / Sq Ft |
| 01/09/2024 01/09/24 | Pending | -- | -- | -- |
Source: Brooklyn Board of REALTORS®
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $9,890 | $334,350 | $70,650 | $263,700 |
| 2025 | $9,178 | $278,550 | $70,650 | $207,900 |
| 2024 | $9,178 | $232,200 | $70,650 | $161,550 |
| 2023 | $9,005 | $264,150 | $70,650 | $193,500 |
| 2022 | $8,659 | $266,400 | $70,650 | $195,750 |
| 2021 | $8,043 | $232,200 | $70,650 | $161,550 |
| 2019 | $7,122 | $242,100 | $70,650 | $171,450 |
| 2018 | $7,182 | $56,470 | $18,904 | $37,566 |
| 2017 | $6,924 | $54,442 | $21,053 | $33,389 |
| 2016 | $6,502 | $50,437 | $22,119 | $28,318 |
| 2015 | $4,219 | $46,816 | $24,665 | $22,151 |
| 2014 | $4,219 | $43,439 | $23,276 | $20,163 |
Source: Public Records
Agents Affiliated with this Home
-
Kevin Lam
Seller's Agent in 2025
Kevin Lam
Momentum Real Estate LLC
(347) 605-6073
4 in this area
139 Total Sales
-
Jay Zhang
Buyer's Agent in 2025
Jay Zhang
Robert Defalco Realty Inc
(646) 392-6880
1 in this area
83 Total Sales
Map
Source: Brooklyn Board of REALTORS®
MLS Number: 479117
APN: 06564-0079
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The property information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the participating Brokers.
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