2390 McDonald Avenue
Land | 20,252 SqFt
Marketing description
RIPCO REAL ESTATE has been retained on an exclusive basis to arrange for the sale of 2390 McDonald Avenue — Gravesend, Brooklyn.
The property comprises a ±20,252-square-foot lot improved by a 15,612-square-foot, one-story office building, featuring exceptional street presence along McDonald Avenue and an extra-deep lot configuration. The site benefits from C4-4L zoning with an R7A residential equivalent, providing substantial residential development capacity and flexibility for a range of development programs.
Through a completed ULURP rezoning, the property is uniquely positioned to accommodate high-density residential development projects. This rezoning allows for compliance with Mandatory Inclusionary Housing requirements, distinguishing it from neighboring properties that are still restricted to lower-density or non-residential zoning classifications. The zoning framework allows for the integration of residential uses above active, neighborhood-oriented ground-floor space, supporting efficient building layouts.
For additional information, please contact the Exclusive Brokers directly.
Investment highlights
Gravesend Development Site
±20,252 SF lot with C4-4L (R7A equivalent) zoning, offering ~101,463 buildable square feet, and features nearly 100 feet of frontage on McDonald Avenue and over 210 feet of depth.
ULURP-Approved Zoning Advantage
Large-scale residential site with ULURP-approved zoning and MIH Options 1 and 2, situated in a predominantly lower-density, non-residential area.
Transit-Oriented Location
Excellent public transportation access, including a one-seat subway ride on the F train from Avenue U to Manhattan in approximately 35 minutes.
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