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1115 Avenue U

BROOKLYN, NY 11223
  • $4,000,000
  • STATUS: Active
  • ON SITE: 202 Days
  • MLS #: 491090
UPDATED: 31 min ago
$4,000,000
  • 0
    BEDS
  • 0.09
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Single-Family Home
Area:

School Ratings & Info

Description

An incredible investment and business opportunity awaits you in the heart of the bustling Avenue U corridor, just off Coney Island Avenue " one of Brooklyns most desirable commercial zones. This rare package deal includes this property and 1117 Avenue U, offering two fully renovated mixed-use buildings that combine retail, office, and residential components in one unbeatable offering. Together, the properties sit on a 40 ft x 100 ft lot and feature a combined building size of 40 ft x 62 ft, with excellent zoning (R5/C1-3) for a variety of uses.This property features a beautifully maintained retail storefront (currently a nail salon) with high ceilings, granite tile flooring, four modern bathrooms, and a fully finished basement with high ceilings"ideal for extra workspace, events, or storage. Upstairs is a spacious, updated two-bedroom apartment in excellent condition with a flexible twin-key layout perfect for multi-family use, rental income, or an owner-user.1117 Avenue U, also fully renovated, is currently operated as a professional office space for home care, insurance, and medical services. Its finished basement adds an additional 2,480+ sq. ft. of high-quality space. The second floor across both buildings houses four residential units, each with two bedrooms. All mechanical systems have been updated, including brand-new electric, gas meters, and heating systems, making this a truly turnkey opportunity.Ideally located near the Q Train, McDonald's, TD Bank, schools, restaurants, and community amenities, this high foot-traffic location is perfect for business operations, residential tenants, or investors seeking a stable, cash-flowing asset in a rapidly appreciating area. Whether you're looking to invest or occupy, this rare Avenue U package offers immediate value and long-term potential.

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© 2025 Brooklyn New York Multiple Listing Service, Inc. All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Team Gio | RE/MAX Central. Data last updated: 2025-11-12T12:00:23.063.
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1115 Avenue U BROOKLYN, NY 11223

  • Price: $4,000,000
  • Status: Active
  • On Site: 202 Days
  • Updated: 31 min ago
  • MLS #: 491090
0
Beds
0
Baths
0
½ Baths
0.09
Acres
Neighborhood:
Brooklyn
County:
Kings (Brooklyn)
Area:
Homecrest
Property Description
An incredible investment and business opportunity awaits you in the heart of the bustling Avenue U corridor, just off Coney Island Avenue " one of Brooklyns most desirable commercial zones. This rare package deal includes this property and 1117 Avenue U, offering two fully renovated mixed-use buildings that combine retail, office, and residential components in one unbeatable offering. Together, the properties sit on a 40 ft x 100 ft lot and feature a combined building size of 40 ft x 62 ft, with excellent zoning (R5/C1-3) for a variety of uses.This property features a beautifully maintained retail storefront (currently a nail salon) with high ceilings, granite tile flooring, four modern bathrooms, and a fully finished basement with high ceilings"ideal for extra workspace, events, or storage. Upstairs is a spacious, updated two-bedroom apartment in excellent condition with a flexible twin-key layout perfect for multi-family use, rental income, or an owner-user.1117 Avenue U, also fully renovated, is currently operated as a professional office space for home care, insurance, and medical services. Its finished basement adds an additional 2,480+ sq. ft. of high-quality space. The second floor across both buildings houses four residential units, each with two bedrooms. All mechanical systems have been updated, including brand-new electric, gas meters, and heating systems, making this a truly turnkey opportunity.Ideally located near the Q Train, McDonald's, TD Bank, schools, restaurants, and community amenities, this high foot-traffic location is perfect for business operations, residential tenants, or investors seeking a stable, cash-flowing asset in a rapidly appreciating area. Whether you're looking to invest or occupy, this rare Avenue U package offers immediate value and long-term potential.
Exterior Features

Commercial Features Exterior Other Construction Materials Brick Exterior Brick Loading Docks Other Lot Size Length 100 Lot Size Width 40 Parking Attributes Other Parking Feature Other Roof Rubber Yard BackFront

Interior Features

Basement Amenities FinishedFull Commercial Features Interior Other Flooring HardwoodStone Foundation Details Block Heat Delivery Ductless/SplitSteam/Radiator Lavatories Other

Property Features

Commercial Condo 0 Construction Type Attached Cross Street Name ConeyIsland Ave Electric 200 Amp Financing 1031 ExchangeBank MortgageCash Fuel Expense 4350.00 Gross Income 216000 Heating Fuel Gas Hot Water Gas Lot Size Irregular YN 0 Number Of Families 4 Number Of Stores 2 Property Sub Type Mixed Use Property Type Mixed Use Rent Income 18000 Sale Type Arm's Length Transaction Type Sale Utility Expense 350.00

Listing information © 2025 Brooklyn New York Multiple Listing Service, Inc.
Listing provided courtesy of RE/MAX Edge: (718) 612-3088.


© 2025 Brooklyn New York Multiple Listing Service, Inc. All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Team Gio | RE/MAX Central. Data last updated: 2025-11-12T12:00:23.063.
 
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