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1118 Avenue U

BROOKLYN, NY 11223
  • $4,000,000
  • STATUS: Active
  • ON SITE: 205 Days
  • MLS #: 491091
UPDATED: 139 min ago
$4,000,000
  • 0
    BEDS
  • 0.08
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,700
    SQFT
  • $1,481
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Area:

School Ratings & Info

Description

Located in the heart of the busy Avenue U corridor just off Coney Island Avenue, this rare mixed-use opportunity is being sold as a package " this property and this 1120 Avenue U " and offers exceptional value in a thriving commercial and residential zone. The offering includes two fully renovated buildings with a combined lot size of 36 x 100 and a building footprint of 36 x 50 per floor. Zoned R5 / C1-3, the property features two stories plus two residential units. The ground floor consists of a spacious, open-layout retail space currently used as a nail salon, featuring high ceilings, granite tile flooring, and four modern bathrooms. A finished basement with high ceilings provides additional functional space for storage, workspace, or private events. The second floor houses an updated two-bedroom apartment with a twin-key setup, offering flexibility for multi-family use or strong rental income. The apartment is in excellent, move-in-ready condition. This high-visibility location is surrounded by major retail and service amenities and is just steps from the Q subway line, offering both convenience and consistent foot traffic " a prime opportunity for investors and end-users alike.

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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: 2025-11-16T00:00:20.787.
www.movetonewjersey.com/homes/162921393
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1118 Avenue U BROOKLYN, NY 11223

  • Price: $4,000,000
  • Status: Active
  • On Site: 205 Days
  • Updated: 139 min ago
  • MLS #: 491091
0
Beds
0
Baths
0
½ Baths
0.08
Acres
2,700
SQFT
$1,481
$/SQFT
Neighborhood:
Brooklyn
County:
Kings (Brooklyn)
Area:
Homecrest
Property Description
Located in the heart of the busy Avenue U corridor just off Coney Island Avenue, this rare mixed-use opportunity is being sold as a package " this property and this 1120 Avenue U " and offers exceptional value in a thriving commercial and residential zone. The offering includes two fully renovated buildings with a combined lot size of 36 x 100 and a building footprint of 36 x 50 per floor. Zoned R5 / C1-3, the property features two stories plus two residential units. The ground floor consists of a spacious, open-layout retail space currently used as a nail salon, featuring high ceilings, granite tile flooring, and four modern bathrooms. A finished basement with high ceilings provides additional functional space for storage, workspace, or private events. The second floor houses an updated two-bedroom apartment with a twin-key setup, offering flexibility for multi-family use or strong rental income. The apartment is in excellent, move-in-ready condition. This high-visibility location is surrounded by major retail and service amenities and is just steps from the Q subway line, offering both convenience and consistent foot traffic " a prime opportunity for investors and end-users alike.
Exterior Features

Commercial Features Exterior Other Construction Materials Brick Exterior Brick Loading Docks Other Lot Size Length 100 Lot Size Width 36 Parking Attributes Other Parking Feature Other Roof Rubber Yard Back

Interior Features

Basement Amenities FinishedFull Commercial Features Interior Other Flooring HardwoodMarble Foundation Details Block Heat Delivery Steam/Radiator Lavatories Other

Property Features

Block 7343 Commercial Condo 0 Construction Type Attached Cross Street Name Coney Land Ave Electric 200 Amp Financing 1031 ExchangeBank MortgageCash Fuel Expense 4765.00 Gross Income 150000 Heating Fuel Gas Hot Water Gas Lot Number 7 Lot Size Irregular YN 0 Number Of Families 1 Number Of Stores 1 Property Sub Type Mixed Use Property Type Mixed Use Rent Income 12500 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: 2025-11-16T00:00:20.787.
 
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