Kings  »  11218  »  McDonald Ave  »  705 McDonald Ave

705 McDonald Avenue, Brooklyn, NY 11218 - Property report

Also known as: 705 McDonald Ave

Property image for 705 McDonald Avenue, Brooklyn, NY 11218
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Property type

Car Sales/Rental without Showroom (GU)

Year built

1930

Lot sq. ft.

16,452

Sale price

$7,000,000

General information

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Address
Primary address
705 McDonald Avenue
Alternate address(es)
705-723 McDonald Ave
ZIP code
11218
Neighborhood
Kensington
Borough
Brooklyn
Block & lot
05385-0070

Owner

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Building
Property type
Car Sales/Rental without Showroom (GU)
Building sq. ft.
16,452
Building dimensions
141 ft x 125 ft
Buildings on lot
1
Stories
1
Year built
1930
Building material
Sales
Sale date
11/19/2019
Sale price
$7,000,000
Tax
Tax year
2026-2027
Property tax
$51,132
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
0
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
141 ft x 125 ft
Lot sq. ft.
16,452

Area overview

Walk score
92 /100.  Walker's Paradise
Transit score
95 /100.  Rider's Paradise
Bike score
72 /100.  Very Bikeable
School district
20
Community district
12
Closest police station
0.47 Miles
Closest fire station
0.61 Miles

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Ownership information for 705 McDonald Avenue, Brooklyn, NY

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Property owner name
Registered owner
Source
Deed
Owner contact information
Phone number
Owner address

Sales history for 705 McDonald Avenue, Brooklyn, NY 11218

Sale date Sale price Buyer name Seller name
11/19/2019 $7,000,000 XXX XXXXXXXX XXX XXX XXXXXXXX XXXXXXXXXX
04/24/2007 $3,900,000 XXXXXXXX XXXXXXXXXX, XXX XXX XXXXXXXX XXX

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
10/16/2024 - R UCC3 Continuation
(2024101500816001)
XXX XXXXXXXX XXX XXX XXXXXXXXXX X X
11/20/2019 - R Initial UCC1
(2019111901510001)
XXX XXXXXXXX XXX XXX XXXXXXXXXX X X
11/26/2019 - R
11/19/2019 - D
Termination of Assign of L&R
(2019112600769002)
XXXXXXXX XXXX XXXXXXXX XXXXXXXXXX XXX
11/26/2019 - R
11/19/2019 - D
Satisfaction of Mortgage
(2019112600769001)
XXXXXXXX XXXXXXXXXX XXX XXX XXXXXXXX XXXXXX XXX
12/09/2019 - R
11/19/2019 - D
Assignment of Leases and Rents
(2019112600684006)
XXX XXXXXXXX XXX XXX XXXXXXXXXX XX
12/09/2019 - R
11/19/2019 - D
Mortgage and Consolidation
(2019112600684005)
XXX XXXXXXXX XXX XXX XXXXXXXXXX XX
12/09/2019 - R
11/19/2019 - D
Assignment, Mortgage
(2019112600684003)
XXXXXXXX XXXX XXXXXXXXXX XX
12/09/2019 - R
11/19/2019 - D
Deed
(2019112600684002)
XXXXXXXX XXXXXXXXXX XXX XXXXXXXX XXX XXX
12/09/2019 - R
11/19/2019 - D
Termination of Lease or Memo
(2019112600684001)
XXXXXXXX XXXXXXXXXX XXX XXX XXXXXXXX XXXXXX XXX
12/09/2019 - R
11/15/2019 - D
Assignment, Mortgage
(2019112600684004)
XXXXXX XXXXX XXXXXXXX XXXXXXXXXXXXXX XXXXXXXXXX XX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 705 McDonald Avenue, Brooklyn, NY

Property tax data includes tax amount, market value and assessed value, exemptions, abatements and assessment history.

Current property tax
Tax year
2025-2026
Property tax
$51,132
Municipal exemptions
Recent tax assessments
Market value
$2,296,000
Assessed value
$1,033,200

Assessment history

See the assessment and property tax history, including the evolution of the total tax rate and corresponding property tax amount.

Tax year Market value Assessed value Taxable amount Tax rate Base tax Property tax Y-o-Y change
2025/26 $2,120,000 $954,000 $765,180 10.848% $83,007 $41,877 +11.33%
2024/25 $1,948,000 $876,600 $731,700 10.762% $78,746 $37,616 +13.21%
2023/24 $1,660,000 $747,000 $702,000 10.592% $74,356 $33,226 -51.36%
2022/23 $1,426,000 $641,700 $641,700 10.646% $68,315 $68,315 +4.71%
2021/22 $1,348,000 $606,600 $606,600 10.755% $65,240 $65,240 -11.75%
2020/21 $1,748,000 $786,600 $691,290 10.694% $73,927 $73,927 +6.10%
2019/20 $1,618,000 $728,100 $661,230 10.537% $69,674 $69,674 +4.46%
2018/19 $1,533,000 $689,850 $634,410 10.514% $66,702 $66,702 +2.71%
2017/18 $1,432,000 $644,400 $617,670 10.514% $64,942 $64,942 +1.10%
2016/17 $1,350,000 $607,500 $607,500 10.574% $64,237 $64,237 +8.07%

Permit information for 705 McDonald Avenue, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
01/29/2025 Alteration
10/22/2024 Alteration
09/23/2024 Alteration
08/14/2024 Alteration
05/03/2023 Alteration

*Most recent permits on record for this property.

More about New York City property records

DOB Violations

No recently recorded violations for this property.

Brooklyn commercial market stats

Review a detailed real estate market overview of Brooklyn and assess current trends, property values, property types sold and transaction volumes. View the median price per square foot in Brooklyn and compare it to other New York City boroughs.

Q2 2026 median price/sq. ft.

$533

1.5% Y-o-Y

Q1 2026 median price/sq. ft.

$471

-8.9% Y-o-Y

2025 median price/sq. ft.

$523

5.2% Y-o-Y

Check out recently sold homes in Brooklyn and see how their prices compare.

Risk

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FEMA flood zones

Property location map
FEMA flood zones
X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
-

Subway & traffic

Closest station
McDonald Ave & Cortelyou Rd at SE Corner
Station lines
F
Distance (miles)
0.025

Access the detailed traffic volume map for 705 McDonald Avenue, Brooklyn, NY 11218 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity. View daily traffic map

Frequently asked questions

What is the year built for 705 McDonald Avenue, Brooklyn, NY 11218?

The development at 705 McDonald Avenue, Brooklyn, NY 11218 was built in 1930.

What is the market value of 705 McDonald Avenue, Brooklyn, NY 11218?

The current market value of 705 McDonald Avenue, Brooklyn, NY 11218 is $2,296,000.

What is the total square footage of 705 McDonald Avenue, Brooklyn, NY 11218?

705 McDonald Avenue, Brooklyn, NY 11218 has a total of 16,452 square feet.

What is the price per square foot for this property?

$425 per square foot is the price for 705 McDonald Avenue, Brooklyn, NY 11218.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 1.

Disclaimer

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Do not rely on this report to support investment decisions. The only authoritative source for the information in this report is the government agencies from which the data was acquired.

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