Listing Courtesy of Douglas Elliman Real Estate
$2,255,000
Potential Rebate: $33,825
<p>1117 McDonald Avenue, Brooklyn NY 11230</p> <p>PRIME LOCATION CORNER OF MCDONALD AVENUE & AVENUE I</p> <p>(MIDWOOD, BROOKLYN) GREAT INVESTMENT OPPORTUNITY</p> <p>OFFERED ON AN EXCLUSIVE BASIS an incredible opportunity to own a 3 story mixed-use income-generating property with Long Term Tenants, great rent roll and upside for increases. This 3 Story brick bldg. is built 20 ft x 100 ft with 20 feet of frontage on McDonald and 100 feet on Avenue I.</p> <p>This mixed use building is comprised of Three retail/commercial store fronts and two floor through residential apartments above.</p> <p>The building corners on McDonald and Avenue I. Very well trafficked area, wonderful exposure on two wide avenues and amazing light. Great transportation hub, wonderful business and residential area. with great foot traffic.</p> <p>Second Floor is a 3 bedroom 1.5 bath</p> <p>Third floor is a 2 bedroom 1 bath apt.</p> <p>The ground floor has three commercial/retail spaces with long-term tenants.</p> <p>Unit 1 corners on McDonald & Avenue I, which has a deli as a tenant.</p> <p>Unit 2 store is currently vacant (possible user/owner)</p> <p>Unit 3 has a local RE company as a tenant.</p> <p>All commercial units have use of the cellar (under there spaces) that spans the full depth of the bldg.</p> <p>The building has incredibly low taxes of $7744/year</p> <p>The lot size and bldg. size is 20" x 100'.</p> <p>EXCEPTIONAL INVESTMENT/USER OPPORTUNITY</p> <p>Inquire of exclusive agents for additional information</p>
$11,788 per month
30 year fixed, 6.28% Interest
One-time rebate at closing
$33,825
Monthly savings impact
$94/mo
Effective Purchase Price
$2,221,175
(Home Price - Estimated Rebate)
💡 Estimated rebate from our commission
The rebate is paid to you at closing and can help offset closing costs or other expenses.
Calculator Disclaimer: Commission structures vary by property, developer, and transaction. Resale properties typically offer around 3% buyer-side commission, and new developments around 5%, but this is not guaranteed. New developments are often open to negotiation, and each property and transaction is unique. Rebate amounts shown are estimates only. Please confirm commission terms and rebate eligibility with Regis Roumila for the specific property you are interested in. This information is not provided by the Real Estate Board of New York (REBNY).
RLS IDX Data display by Real Estate Rebate Team. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and the number of bedrooms listed is for informational purposes and is not a legal conclusion. Please consult with your own architect or engineer for exact dimensions and legal specifications.
The Real Estate Rebate Team
Listing Courtesy of Douglas Elliman Real Estate
Data Source: TRESTLE #RLS11031663
RLS at REBNY

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RLS IDX Data display by Real Estate Rebate Team. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and the number of bedrooms listed is for informational purposes and is not a legal conclusion. Please consult with your own architect or engineer for exact dimensions and legal specifications.
The Real Estate Rebate Team
Listing Courtesy of Douglas Elliman Real Estate
Data Source: TRESTLE #RLS11031663
RLS at REBNY

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This building commands a premium compared to the neighborhood baseline. This typically indicates superior amenities, newer construction, or prime positioning within Midwood.

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