816 Avenue U, Brooklyn, NY 11223
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$2,880,000
Est. payment /mo
3,200 SqFt
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Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 3,200 sqft

Price per Sqft $900

MLS Listing ID 500482

Year Built 1931

Annual Tax Amount $28,469

Property Sub-Type Commercial

Property Description

Rare Pure Commercial Building (no residential tenant management) for Sale located in the highly desirable Avenue U commercial corridor. The property is currently occupied by a well-established Mexican restaurant, generating $9,000/month in rent, with the tenant responsible for 50% of the property taxes, ensuring stable and reliable income. The ground floor features high ceilings and a wide-open layout, ideal for a variety of commercial uses. The finished basement is currently utilized as a party/event space, adding additional functional value. Strategically located just a few minutes from the bustling Avenue U business district, surrounded by supermarkets, restaurants, banks, bakeries, and strong foot traffic. Don't miss this rare opportunity to own a solid commercial asset in one of Brooklyn's most active retail corridors.

Location

State NY

County Kings (brooklyn)

Area Sheepshead Bay

Zoning R6A

Rooms

Basement Finished, Full

Interior

Interior Features None

Equipment None

Exterior

Roof Type Flat

Present Use Restaurant

Building

Foundation Poured Concrete

Others

Financing 1031 Exchange,Cash


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Listed by E House Realty & Mgt. Inc.

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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