H.Yagen 1558Mcdonald 05.09.16[1] 2 .pdf

FOR MORE INFORMATION CONTACT EXCLUSIVE AGENTS
HAIM YAGEN
LICENSED ASSOCIATE REAL ESTATE BROKER
C: 917.566.4434 | O: 646,588.4306
E: HYAGEN@TOWNREALESTATE.COM

CHOULA FTIHA
LICENSED REAL ESTATE SALESPERSON
C: 718.419.7369 | O: 646.588.4328
E: CFTIHA@TOWNREALESTATE.COM

TOWN COMMERCIAL LLC
730 FIFTH AVENUE, 8TH FLOOR, NEW YORK, NY 10019
C: 917.566.4434 | E: HYAGEN@TOWNREALESTATE.COM | TOWNCOMMERCIAL.COM
Town Residential LLC (“Town”) is a licensed real estate broker and a partnership of Buttonwood Residential Brokerage LLC and Thor Equities, LLC. Town Commercial, LLC is a real estate broker and subsidiary of Town. All property listing information,
including, but not limited to, zoning, buildable footages, price, listing, and rates are from sources deemed reliable, but are subject to errors, omissions, changes in price, prior sale or withdrawal and should be verified by your own attorney, architect,
engineer , accountant, or zoning expert. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions, or estimates used are for example only and do not
represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful,
independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.

PROPERTY OVERVIEW
PROPERTY DESCRIPTION
SALE PRICE $4,300,000
ADDRESS

1558-1568 McDonald Avenue

LOCATION

Between Avenue M and Avenue N



BLOCK/LOT

6563/32

LOT SIZE

80 feet x 100 feet

CEILING HEIGHTS

14 feet

PROPERTY TAX 2015/2016

$32,790

ZONING

C8-2

COMMERCIAL OVERLAY

C1-3

COMMERCIAL FAR =

2 (8,000x2 = 16,000 BSF)

COMMUNITY FACILITY FAR

4.8 (8,000x4.8 = 38,400 BSF)

COMMUNITY FACILITY W/ COMMERCIAL OVERLAY:
COMMERCIAL

8,000 BSF

COMMUNITY FACILITY

38,400 BSF

TOTAL: 46,400 buildable SF

TOWN COMMERCIAL LLC
730 FIFTH AVENUE, 8TH FLOOR, NEW YORK, NY 10019
C: 917.566.4434 | E: HYAGEN@TOWNREALESTATE.COM | TOWNCOMMERCIAL.COM
Town Residential LLC (“Town”) is a licensed real estate broker and a partnership of Buttonwood Residential Brokerage LLC and Thor Equities, LLC. Town Commercial, LLC is a real estate broker and subsidiary of Town. All property listing information,
including, but not limited to, zoning, buildable footages, price, listing, and rates are from sources deemed reliable, but are subject to errors, omissions, changes in price, prior sale or withdrawal and should be verified by your own attorney, architect,
engineer , accountant, or zoning expert. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions, or estimates used are for example only and do not
represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful,
independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.

AERIAL VIEWS

TOWN COMMERCIAL LLC
730 FIFTH AVENUE, 8TH FLOOR, NEW YORK, NY 10019
C: 917.566.4434 | E: HYAGEN@TOWNREALESTATE.COM | TOWNCOMMERCIAL.COM
Town Residential LLC (“Town”) is a licensed real estate broker and a partnership of Buttonwood Residential Brokerage LLC and Thor Equities, LLC. Town Commercial, LLC is a real estate broker and subsidiary of Town. All property listing information,
including, but not limited to, zoning, buildable footages, price, listing, and rates are from sources deemed reliable, but are subject to errors, omissions, changes in price, prior sale or withdrawal and should be verified by your own attorney, architect,
engineer , accountant, or zoning expert. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions, or estimates used are for example only and do not
represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful,
independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.

1558-1568 MCDONALD AVE

ZONING MAP

1558 MCDONALD AVENUE

TOWN COMMERCIAL LLC
730 FIFTH AVENUE, 8TH FLOOR, NEW YORK, NY 10019
C: 917.566.4434 | E: HYAGEN@TOWNREALESTATE.COM | TOWNCOMMERCIAL.COM
Town Residential LLC (“Town”) is a licensed real estate broker and a partnership of Buttonwood Residential Brokerage LLC and Thor Equities, LLC. Town Commercial, LLC is a real estate broker and subsidiary of Town. All property listing information,
including, but not limited to, zoning, buildable footages, price, listing, and rates are from sources deemed reliable, but are subject to errors, omissions, changes in price, prior sale or withdrawal and should be verified by your own attorney, architect,
engineer , accountant, or zoning expert. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions, or estimates used are for example only and do not
represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful,
independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.

TAX MAP

BLOCK: 6563

LOT: 32

LOT SIZE: 80 FEET x 100 FEET

TOWN COMMERCIAL LLC
730 FIFTH AVENUE, 8TH FLOOR, NEW YORK, NY 10019
C: 917.566.4434 | E: HYAGEN@TOWNREALESTATE.COM | TOWNCOMMERCIAL.COM
Town Residential LLC (“Town”) is a licensed real estate broker and a partnership of Buttonwood Residential Brokerage LLC and Thor Equities, LLC. Town Commercial, LLC is a real estate broker and subsidiary of Town. All property listing information,
including, but not limited to, zoning, buildable footages, price, listing, and rates are from sources deemed reliable, but are subject to errors, omissions, changes in price, prior sale or withdrawal and should be verified by your own attorney, architect,
engineer , accountant, or zoning expert. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions, or estimates used are for example only and do not
represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful,
independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.

AREA MAP – RETAIL
E
AVENU

M
TREET
E 7T H S

1558-1568
MCDONALD
AVENUE
VE
RA

R
DE

E
AV

N
AVENUE

RO

DE
RY

O
AVENUE

P
AVENUE

HIG

R
AVENUE

VE
LAND A

7.
8.
9.
10.
11.

’S

G
KIN

IS
CONEY

SoHo Lounge - 2213 65th St
Netcost Market - 2339 65th St
Food Universe Marketplace - 97 Avenue O
Dunkin Donuts - 407 Avenue P
TD Bank - 465 Kings Hwy
Dunkin Donuts - 373 Kings Hwy

AY
PARKW

HIGHW
AY

OCEAN

ENUE

TREET
E 5TH S

ALD AV

STREET

STREET

STREET

MCDON

W 3RD

W 4TH

W 5TH

STREET

STREET

1.
2.
3.
4.
5.
6.

W 6TH

W 7TH

KING’S

ROAD
AY
HW

QUENTIN

Key Foods Supermarket - 319 Kings Hwy
Pescada - 509 Avenue P
Moldova - 1827 Coney Island Ave
Staples - 1880 Coney Island Ave
La Palina - 159 Avenue O

TOWN COMMERCIAL LLC
730 FIFTH AVENUE, 8TH FLOOR, NEW YORK, NY 10019
C: 917.566.4434 | E: HYAGEN@TOWNREALESTATE.COM | TOWNCOMMERCIAL.COM
Town Residential LLC (“Town”) is a licensed real estate broker and a partnership of Buttonwood Residential Brokerage LLC and Thor Equities, LLC. Town Commercial, LLC is a real estate broker and subsidiary of Town. All property listing information,
including, but not limited to, zoning, buildable footages, price, listing, and rates are from sources deemed reliable, but are subject to errors, omissions, changes in price, prior sale or withdrawal and should be verified by your own attorney, architect,
engineer , accountant, or zoning expert. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions, or estimates used are for example only and do not
represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful,
independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.

AREA MAP – SCHOOLS, COMMUNITY

CENTERS & MEDICAL FACILITIES
J

B
AT
FL

E
AVENU

US
E
AV

K

BA
Y

AV
EN
UE

PA
R

UE

N

KW
AY

H

E
AVENU

E
AVENU

L

UE

20
TH

N

E
AVENU

M

S
D

E
AV

N

A
TL
LA

F
EN
AVENU

AY
W

H

IG

’S

E

NU

H

G

IN

65

TH

IN

K

NT

UE

ST
R

Q

EE

T

E

NU

E

NU

RE

E
AV

O

M
LL

FI

NUE

E
AVENU

STREET

RD AVE

BEDFO

OCEAN

E 15TH

AY
PARKW

ENUE

VE
LAND A

IS
CONEY

OCEAN

ALD AV

HWAY

MCDON

’S HIG

R

E
AV

P
AVENUE

KING

E
AV

1.

P.S. 226 Alfred De B.Mason - 6006 23rd Ave

19.

2.

James Madison High School - 3787 Bedford Ave

20. P.S. 238 Anne Sullivan - 1633 E 8th St

District 20 Pre-K Center at 2165 71st St

3.

Pre-K Center at 2202 60th St

21.

4.

St. Athanasius School - 6120 Bay Pkwy

22. Little Sunshine Child Development - 2102 70th St

5.

Yeled V’Yalda - 1200 Ocean Pkwy

23. Bais Yaakov D’Chassidei Gur - 1975 51st St

6.

Stillwell Avenue Prep School - 6420 Bay Pkwy

24. P.S. 247 Brooklyn - 7000 21st Ave

7.

P.S. 177 The Marlboro - 346 Avenue P

25. NYL/Wov Midwood - 1520 E 13th St

8.

Barkai Yeshivah - 5302 21st Ave

26. Success Academy Charter School - Bensonhurst - 99 Avenue P

9.

Little Brilliant Minds, Inc. - 5916 20th Ave

27. Ronomoza, Inc./the Learning Experience - 412 Kings Hwy

10.

Al Madinah School Site 2 - 2015 64th St

28. Bell Language School - 1535 McDonald Ave

11.

Franklin Delano Roosevelt High School - 5800 20th Ave

29. Starting Point Services For Children - 1575 McDonald Ave

12.

P.S. 199 Frederick Wachtel - 1100 Elm Ave

30. Avenue N Jewish Center – 321 Avenue N

13.

P.S. 121 Nelson A. Rockefeller - 5301 20th Ave

31.

14.

Brooklyn Chinese American Association - 6409 20th Ave

32. Ryder Branch Library - 5902 23rd Ave

15.

Bet Yaakov Ohr Sarah - 1123 Avenue N

33. Kol Yaakov Hall – 1703 McDonald Avenue

16.

P.S. 099 Isaac Asimov - 1120 E 10th St

34. Nevsky Yablokoff Memorial Chapels - 1700 Coney Island Ave

17.

Yeshiva Ohr Shraga - 1102 Avenue L

35. Brooklyn Urgent Care - 1977 Flatbush Ave

18.

Bais Yaakov Academy UPK - 1213 Elm Ave

P.S. 205 Clarion - 6701 20th Ave

Merkaz Community Center - 1739 Ocean Ave

TOWN COMMERCIAL LLC
730 FIFTH AVENUE, 8TH FLOOR, NEW YORK, NY 10019
C: 917.566.4434 | E: HYAGEN@TOWNREALESTATE.COM | TOWNCOMMERCIAL.COM
Town Residential LLC (“Town”) is a licensed real estate broker and a partnership of Buttonwood Residential Brokerage LLC and Thor Equities, LLC. Town Commercial, LLC is a real estate broker and subsidiary of Town. All property listing information,
including, but not limited to, zoning, buildable footages, price, listing, and rates are from sources deemed reliable, but are subject to errors, omissions, changes in price, prior sale or withdrawal and should be verified by your own attorney, architect,
engineer , accountant, or zoning expert. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions, or estimates used are for example only and do not
represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful,
independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.

108 Avenue N

Property Address

Brooklyn

Brooklyn

Property City

NY

NY

Property State

Kings

Kings

Property County

11204

11230

Property Zip Code

Retail

Multi-Family

Retail

Property Type

Sold

Sold

Sold

Sold

Sale Status

368.42

376.89

202.61

1068.18

Price Per SF

368.42

376.89

202.61

1068.18

Price Per SF (Net)

321.4

607.5

574.86

766.64

Price Per SF Land

COMPARISONS
2263-2271 64th St

Retail

470.79

11230

470.79

380

231.88

11230

Sold

380

231.88

Kings

Sold

Kings
Retail

Sold

NY

11230

Retail

NY
Kings

Retail

Brooklyn

NY
11230

Brooklyn
Brooklyn

11230

1619 Mcdonald Ave

Town Residential LLC (“Town”) is a licensed real estate broker and a partnership of Buttonwood Residential Brokerage LLC and Thor Equities, LLC. Town Commercial, LLC is a real estate broker and subsidiary of Town. All property listing information,
including, but not limited to, zoning, buildable footages, price, listing, and rates are from sources deemed reliable, but are subject to errors, omissions, changes in price, prior sale or withdrawal and should be verified by your own attorney, architect,
engineer , accountant, or zoning expert. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions, or estimates used are for example only and do not
represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful,
independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.

1599 McDonald Ave

1266 Ocean Pky
Kings

327.38

195.86

Kings

165.42

NY

231.67

214.84

NY

231.67

214.84

Brooklyn

Sold

Brooklyn

Sold

2357 60th St

Retail

Industrial

TOWN COMMERCIAL LLC

203.63

315.91

189.82

432.63

254.88

414.77

470.63

549.5

506.4

348.71

289.59

467.07

347.6

11230

Sold

11230

Sold

Kings

Retail

Kings

Retail

NY

11230

NY

11230

Brooklyn

Kings

Brooklyn

Kings

1607 McDonald Ave
NY

265.99

NY

265.99

Brooklyn

Sold

Brooklyn

Retail

112 Avenue N

11230

1605 Mcdonald Ave

Kings

253.01

NY

464.88

Brooklyn

253.01

75.93

1585 McDonald Ave

464.88

236.07

435.3

Sold

75.93

167.66

Sold

236.07

435.3

Sold

167.66

Retail

Multi-Family

Sold

169.61

415.42

Sold

11230

Sold

169.61

415.42

Sold

11230

Retail

Multi-Family

Sold

Retail

Kings

11230

Retail

Sold

Office

Kings

11230

Retail

11230

NY

Kings

11230

Retail

11204

NY

Kings

11230

Kings

Brooklyn

NY

Kings

11230

Kings

Brooklyn

NY

Kings

NY

211 Avenue M

Brooklyn

NY

Kings

NY

1591 McDonald Ave

Brooklyn

NY

Brooklyn

1463 E 3rd St

Brooklyn

NY

Brooklyn

209 Avenue M

Brooklyn

514 Avenue M

108 Avenue N

Brooklyn

189.73

322 Avenue M

189.73

250

329.33

203 Avenue M

250

329.33

Sold

Sold

Sold

Sold

Retail

Industrial

Industrial

Industrial

11230

11230

11230

11230

Kings

Kings

Kings

Kings

NY

NY

NY

NY

Brooklyn

Brooklyn

Brooklyn

Brooklyn

120 Avenue M

109 Avenue M

Town Residential LLC (“Town”) is a licensed real estate broker and a partnership of Buttonwood Residential Brokerage LLC and Thor Equities, LLC. Town Commercial, LLC is a real estate broker and subsidiary of Town. All property listing information,
including, but not limited to, zoning, buildable footages, price, listing, and rates are from sources deemed reliable, but are subject to errors, omissions, changes in price, prior sale or withdrawal and should be verified by your own attorney, architect,
engineer , accountant, or zoning expert. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions, or estimates used are for example only and do not
represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful,
independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.

730 FIFTH AVENUE, 8TH FLOOR, NEW YORK, NY 10019
C: 917.566.4434 | E: HYAGEN@TOWNREALESTATE.COM | TOWNCOMMERCIAL.COM

TOWN COMMERCIAL LLC

1629 Mcdonald Ave

1641 McDonald Ave

5820 Bay Pky

1616-1632 McDonald Ave

1603 McDonald Ave

730 FIFTH AVENUE, 8TH FLOOR, NEW YORK, NY 10019
C: 917.566.4434 | E: HYAGEN@TOWNREALESTATE.COM | TOWNCOMMERCIAL.COM

Land Area SF

Floor Area Ratio

Publication Date

0.22

1999

41560

9700

1.500750375

0.962463908

0.515463918

12/14/14

11/30/14

11/14/14

12/7/12

12/16/12

Town Residential LLC (“Town”) is a licensed real estate broker and a partnership of Buttonwood Residential Brokerage LLC and Thor Equities, LLC. Town Commercial, LLC is a real estate broker and subsidiary of Town. All property listing information,
including, but not limited to, zoning, buildable footages, price, listing, and rates are from sources deemed reliable, but are subject to errors, omissions, changes in price, prior sale or withdrawal and should be verified by your own attorney, architect,
engineer , accountant, or zoning expert. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions, or estimates used are for example only and do not
represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful,
independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.

3/15/16

Recording Date

TOWN COMMERCIAL LLC

COMPARISONS
Land Area AC

10/11/15

Bldg SF

Sale Price

9/22/15

Lot Dimensions

Sale Date

1.832620648

0.95

Sale Price Comment

Property Address

0.872359963

3/28/16

2178

1637

11/24/15

0.05

0.04

1.993957704

1900

2640

7/19/15

2.837645294

1269000

Full Value

0.79021827

0.05

0.11

3000

32000

9/13/15

4948

1655

4600000

Full Value

3450

8001

995000

Full Value

5000

0.18

11/5/15

2/25/16

700000

Full Value

0.04

9/11/15

1620000

Full Value

1188

108 Avenue N

8/25/15

800000

22704

2263-2271 64th St

7/2/15

1900000

20x82

1619 Mcdonald Ave

1599 McDonald Ave

6/15/15

Full Value

Confirmed

3441

1266 Ocean Pky

10/22/14

33x150

2357 60th St

1603 McDonald Ave

695000

7/6/14

10/28/14

6875000

0

1.995723885

10/21/14

1637

10/15/14

78408000

1607 McDonald Ave

0.04

5/25/14

1800

3/19/14

1170

0

3/18/14

2876

0.665350184

Confirmed

1637

2.080564784

765000

3798

5/7/14

0.04

2408

9/29/14

0.09

112 Avenue N

2200

0.06

1605 Mcdonald Ave

1616-1632 McDonald Ave

20x82

2527

4/30/14

5010

1585 McDonald Ave

24x100

Full Value

3/3/14

3/26/14

Full Value

2.001929571

840000

1.343921808

1100000

1637

2073

3/6/14

0.05

2/27/14

0.04

514 Avenue M

1936

4150

5820 Bay Pky

20x82

1/5/14

20x100

9/29/13

Full Value

1.757356488

6.199225097

Confirmed

8001

900000

2073

1050000

0.18

1/24/14

0.05

2/14/14

3643

49600

211 Avenue M

Full Value

1591 McDonald Ave

Confirmed

0

860000

1.000491313

9/5/12

10/9/12

1883000

9/29/13

871

0.959268688

12/6/13

1.993957704

6/16/13

22389

0.857449089

8/27/13

1655

4/30/13

4321

1463 E 3rd St

0.04

2.551275638

0.613653797

0.51

0.02

4665

209 Avenue M

1188

3911

20x82

1999
1344

0.1

6/25/13

0.05

0.09

22400

0.11

108 Avenue N

5100

2400

16x54

4145

20x100

220x100

3800

Full Value

37x116

Confirmed

Full Value

46x100

997000

Full Value

865000

4250000

Full Value

4/2/13

1365081

5/14/13

11/8/12

11/13/12

950000

322 Avenue M

120 Avenue M

1641 McDonald Ave

8/7/12

9/12/12

203 Avenue M

109 Avenue M

1629 Mcdonald Ave

TOWN COMMERCIAL LLC
730 FIFTH AVENUE, 8TH FLOOR, NEW YORK, NY 10019
C: 917.566.4434 | E: HYAGEN@TOWNREALESTATE.COM | TOWNCOMMERCIAL.COM

Town Residential LLC (“Town”) is a licensed real estate broker and a partnership of Buttonwood Residential Brokerage LLC and Thor Equities, LLC. Town Commercial, LLC is a real estate broker and subsidiary of Town. All property listing information,
including, but not limited to, zoning, buildable footages, price, listing, and rates are from sources deemed reliable, but are subject to errors, omissions, changes in price, prior sale or withdrawal and should be verified by your own attorney, architect,
engineer , accountant, or zoning expert. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions, or estimates used are for example only and do not
represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful,
independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.

8/30/12

10/2/12

11/30/12

12/6/12

4/29/13

6/6/13

9/20/13

9/18/13

12/23/13

2/27/14

3/20/14

3/14/14

3/13/14

5/15/14

6/24/14

10/17/14

12/4/14

11/21/14

11/10/14

9/3/15

7/10/15

9/14/15

10/1/15

11/23/15

730 FIFTH AVENUE, 8TH FLOOR, NEW YORK, NY 10019
C: 917.566.4434 | E: HYAGEN@TOWNREALESTATE.COM | TOWNCOMMERCIAL.COM