Address
1247 Avenue U, Brooklyn, NY
Price
$ 50,000
Property Attributes
- MLS#499918
- TypeCommercial
- Listing Status Active
- CountyKINGS
- CityBrooklyn
- AreaBrooklyn
- NeighborhoodHomecrest
- Zip11229
- StyleBusiness Only
- Year Built1928
- Price$ 50,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage3800
- Lot Size0.048209 Acres
Data Source:
Brooklyn MLS (BNYMLS)
Property Description
Business for sale only – no real estate included. Excellent opportunity to purchase a well-established retail business on busy Avenue U, a high-traffic commercial area in Brooklyn. Currently operating as an Asian grocery and medicine store. The space is equipped with organized shelving, display counters, refrigeration, and a large freezer room in the basement. Approx. 3,800 sq ft total (20×95 ft ground floor plus full basement), providing ample space for retail, storage, staff break area, and bathroom. Conveniently located near the Q train. Lease to be negotiated.
| Price History | |
|---|---|
| 3/23/2026 | Listed $100,000 |
| 7/29/2026 | 50$50,000 |
General Features
| Equipment Included | All shelving,display cases,checkout counter&POS,freezer/refrigeration units,security cameras,TV monitor,lighting,rolling ladder,storage racks,and fixtures included. |
|---|---|
| Ceiling Height | 11-15 Foot |
| Roof | Flat |
| current use | Retail |
| Zoning | R5 |
| Stories Count | 3 |
| Property Type | Commercial |
| Block | 7317 |
| Lot Number | 41 |
| Transaction Type | Sale |
| Financing | 1031 Exchange,Bank Mortgage,Cash |
| Building Type | Attached |
| Status | Active |
| Construction Materials | Brick |
| Cumulative Days on Market | 177 |
| MLS Area | Homecrest |
| Sub Type | Business Only |
| Year Built | 1928 |
| City | Brooklyn |
| Borough | Brooklyn |
| Number Of Stores | 1 |
| DOM | 177 |
| Sale Type | Arm's Length |
| Public Remarks | Business for sale only – no real estate included. Excellent opportunity to purchase a well-established retail business on busy Avenue U,a high-traffic commercial area in Brooklyn. Currently operat |
Interior Features
| Walls | Plaster,Other |
|---|---|
| Unit Count | 1 |
| Sq Ft Total | 3800 |
| Lavatories | 1 |
| Basement Amenities | Full,Storage |
| Commercial Features Exterior | Doors - 11-15 ft |
| Commercial Features Interior | Restrooms - Staff,Other |
Exterior Features
| Potential Use | Retail,Other |
|---|---|
| Foundation | Poured Concrete |
| Lot Sq Ft | 2100 |
| Loading Docks | None |
| Building Length | 95.00 |
| Building Width | 20.00 |
| Property Panorama YN | Yes |
| Lot Size Length | 105 |
| Lot Size Width | 20 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 11229
Price
Year Built
Visits
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