Address
815 Avenue U, Brooklyn, NY
Price
$ 2,100,000
Property Attributes
  • MLS#503923
  • TypeMixed Use
  • Listing Status Active
  • CountyKINGS
  • CityBrooklyn
  • AreaBrooklyn
  • NeighborhoodGravesend
  • Zip11223
  • StyleMixed Use
  • Year Built1931
  • Taxes$ 8743
  • Price$ 2,100,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage3426
  • Lot Size0.050505 Acres
Data Source:
Brooklyn MLS (BNYMLS)
Property Description

Prime mixed-use investment opportunity at 815 Avenue U in the heart of the Gravesend/Sheepshead Bay area, situated along a busy commercial corridor. This well-maintained property features a 20’ x 60’ building on a 20’ x 110’ lot, with 3 stories plus a basement, consisting of one commercial unit and two residential units. Annual property taxes are approximately $8,743. The first-floor storefront and basement are currently used as a restaurant. The second floor features 4 bedrooms, a living room, an open kitchen and dining area, and 1 full bathroom. The third floor offers 4 bedrooms, a living room, open kitchen and dining area, and 1.5 bathrooms. Equipped with split A/C systems. Each unit has separate heating and hot water systems, and tenants are responsible for their own utilities. The rear yard provides parking for up to 2 cars. The entire building is well-maintained and in excellent condition with no renovation needed. Conveniently located near shopping, restaurants, schools, and public transportation (B3 and B68 buses and the Q, B, and F trains). Excellent opportunity for investors, business owners, or end users in a prime Avenue U commercial location.

Price History
8/21/2026 Listed $2,100,000

General Features

Net Operating Income 146752.00
Ceiling Height 8-10 Foot
Roof Asphalt/Tar,Flat
Zoning R6A
Electric 110 V,220 V
Stories Count 3
Property Type Mixed Use
Block 7111
Cap Rate 0.07
Lot Number 42
Yearly Taxes 8743.00
Transaction Type Sale
Insurance Expense 5305.00
Utility Expense 0.00
Gross Expense 14048.00
Financing 1031 Exchange,Bank Mortgage,Cash
Building Type Attached
Gross Income 160800
Status Active
Fuel Expense 0.00
Construction Materials Brick
Cumulative Days on Market 26
MLS Area Gravesend
Sub Type Mixed Use
Year Built 1931
City Brooklyn
Borough Brooklyn
Number Of Stores 1
DOM 26
Sale Type Arm's Length
# Families 2
Public Remarks Prime mixed-use investment opportunity at 815 Avenue U in the heart of the Gravesend/Sheepshead Bay area,situated along a busy commercial corridor. This well-maintained property features a 20’ x 60’

Interior Features

Heating Fuel Gas
Flooring Hardwood,Tile
Hot Water Gas
Unit Count 3
Sq Ft Total 3426
AC Units 5+
Lavatories Other
Basement Amenities Semi-Finished,Separate Entrance
Commercial Features Exterior Other
Commercial Features Interior Kitchen

Exterior Features

Exterior Brick
Yard Back
Foundation Poured Concrete
Lot Sq Ft 2200
Loading Docks Other
Building Length 60.00
Building Width 20.00
Property Panorama YN Yes
Lot Size Length 110
Lot Size Width 20
Parking Attrib 2 Spaces

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 Mixed Use Average in 11223

Price
AVG $2.49M
$2.1M
Taxes
AVG $24,784
$8,743
Year Built
AVG 1934
1931
Visits
AVG 72
19
Data Provided by Inside Real Estate®
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