Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $1,700,000

· Closed April 22, 2020

505 McDonald Avenue
Closed For Sale Multi Family

$1,700,000

$345 per sq ft

505 McDonald Avenue

Kensington, Brooklyn

MLS® #RLS10622064

RLS at REBNY

Listing by Compass

12

Bedrooms

6

Baths

4,929

Sq. Ft.

1930

Year Built

Quick Summary

Bedrooms 12
Bathrooms 6
Living Area 4,929 sq ft
Year Built 1930
Neighborhood Kensington

Property Highlights

  • Style: Prewar architecture
  • Character: Pre-war building (1930)

Property Details

Type Multi Family
Total Rooms 18
Baths 6 Full
Pets Yes
Cross Street Church Avenue/Avenue C
Year Built 1930
Living Area 4,929 sq ft
Architectural Style Prewar
Parcel # 05353-0078
Block/Lot 5353/78

Listing History

Event Date Price Change
Listed Aug 27, 2013 $1,700,000 -
Currently Apr 23, 2026 $1,700,000 -

Description

Built in 1930, this pre-war 6-unit building is located in a prime Kensington location. Zoned R5, the extra wide 23.6' X 69' building is situated on desirable 23.6' X 125' lot, with a garden in back. The front and rear apartments are situated across 3 floors and are delivered as-is, with 2 free market units that had been thoughtfully gut renovated. Fully occupied. Kensington is in the center of Brooklyn, and due to its affordability and proximity to Prospect Park is quickly becoming a desirable neighborhood for residents and developers alike. Located steps from the F&G trains at Church Ave., 505 Mc Donald is a great multi-family investment property for any Brooklyn portfolio.

Building Information

Total Units 6
Stories 3
Style Prewar

Kensington is a residential Brooklyn neighborhood bordered by Prospect Park to the north and the landmarked Green-Wood Cemetery to the west, with Ocean Parkway running through its center as one of the borough's signature tree-lined boulevards. The housing stock includes brick rowhouses, prewar co-op apartment buildings along Ocean Parkway and Coney Island Avenue, and detached Victorian homes on the side streets, served by the F and G trains at Fort Hamilton Parkway and Church Avenue. The B and Q express trains are accessible within a short walk, providing a 30-to-35-minute commute to Midtown Manhattan.

Kensington Live Market Data

View Neighborhood

Active Listings

52

Median Asking Price

$699K

Median $/Sqft

$806

Avg Days on Market

N/A

New This Week

6

Price Reduced

13%

Sold (30 Days)

6

Median Sale Price

$620K

Live data from RLS at REBNY • Updated 4/23/26, 10:57 AM EST

Location

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505 McDonald Avenue, Kensington, Kings County • Near Church Avenue/Avenue C

Building Information

Official NYC property records for this building

1930
Year Built
96 years old
3
Floors
6
Residential Units
R5
Zoning District
Walk-Up Apartments

Tax & Assessment

Assessed Value: $345,600
Land Value: $5,400
Exemptions: $0

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 2,958 SF
Building Area: 4,929 SF
Built FAR: 1.67
Allowed FAR: 1.5

Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)

Want help estimating ownership costs or understanding building compliance? Let's discuss

Frequently Asked Questions

Common questions about this property

This property has 12 bedrooms and 6 full bathrooms.

The listed interior living area is 4,929 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1930, making it approximately 96 years old.

Pets are permitted at this property. Contact the listing broker for weight limits or breed restrictions.

At the current list price of $1,700,000 for 4,929 sq ft, the asking price per square foot is approximately $345. This figure is for reference only and may differ from appraised or assessed values.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or mcoste@kwnyc.com. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS10622064
First Listed: 8/27/2013
Closed: 4/22/2020
Contract Date: 7/23/2018

Listing Courtesy of Compass - Tinnie Chan Sassano

Listing Contact: (917) 602-0198

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing 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. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 4/23/2026 at 2:57 PM UTC

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