222 Avenue U, Brooklyn, NY 11223
222 Avenue U, Brooklyn, NY 11223
222 Avenue U, Brooklyn, NY 11223
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$3,999,000
Est. payment /mo
4,000 SqFt
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Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 4,000 sqft

Price per Sqft $999

MLS Listing ID 498543

Year Built 1940

Annual Tax Amount $24,614

Property Sub-Type Commercial

Property Description

Proudly presenting this renovated commercial building in Gravesend Brooklyn, a true gem in Gravesend, Brooklyn. With over $1.6 million invested solely in its renovation, the owner's dedication to excellence is evident in every detail. Located on Avenue U, a highly trafficked area, this property is poised for success. Spanning an impressive 8,000 square feet in total: 4,000 square feet above ground, 4,000 square ft below. This building offers ample space for your business ventures. What sets it apart is the additional finished basement, which can be used as a party room. Currently operating as a restaurant, this versatile space presents endless possibilities. The property comes with a triple net lease, ensuring a stable and predictable income stream. With an estimated monthly rent of $12,500, this opportunity beckons investors seeking a modern commercial building. Don't miss your chance to own this modern commercial building that epitomizes quality and potential. Seize this incredible and watch your business flourish. Act now to secure your future in this thriving location!

Location

State NY

County Kings (brooklyn)

Area Gravesend

Zoning R5

Rooms

Basement Finished, Full

Interior

Interior Features Other

Exterior

Roof Type Flat

Present Use Restaurant

Building

Story 1

Foundation Poured Concrete

Others

Financing 1031 Exchange,Bank Mortgage,Cash


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Listed by Momentum Real Estate LLC

NEARBY SCHOOL & BUSINESS

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Randy Reis

Randy Reis

+1(917) 435-4870

Team Leader | License ID: 40RE1176716

Team Leader License ID: 40RE1176716

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